Sensor maker Chemring on track despite headwinds June 3, 2021 FTSE 250 defence firm Chemring today said it was on track to hit its full year targets as both profit and revenue jumped in the first half. The company said that underlying profit before tax was up 12 per cent to £27.2m, while revenue grew 4.0 per cent to reach £198.5m. The Romsey-based firm, which [...]
Artificial Intelligence, Social Media, and the Future of Investing June 1, 2021 Witnessing the recent GameStop event, it was clear that for better or worse, the little guy, or many, many little guys, had briefly beaten Wall Street at its own game. While GameStop was fuelled primarily by the collective action of many, the voice of only one person, echoed by others, can have similar influence. For [...]
Why the Covid Recovery Commission is right to put focus on skills June 1, 2021 The need to invest in the skills of the future is among one of the five areas of focus in a recently published report by the Covid Recovery Commission. The commission is an advisory group and policy panel studying the impact of the Covid-19 crisis on businesses and innovation. Its ‘Building Back Together’ report, which [...]
5 humanoid robots who are worth getting to know May 28, 2021 Many predictions were made decades ago about an era when robots and humans would co-exist. Today thanks to major advancements in Robotics and AI, robots come in many different shapes and sizes. But the most intriguing ones are those which resemble humans. These humanoid robots have been growing in popularity in recent years. Humanoid robots [...]
7 weird and wonderful applications of artificial intelligence May 26, 2021 The Rewired investment fund focuses on enabling the technologies of the AI revolution by investing across five verticals including machine learning, robotics, bionics, sensors, mapping and localisation. Backed by technology investors including Tej Kohli, we believe that AI has the potential to positively impact every segment of economic activity and to improve every aspect of human life. Here [...]
Europe’s place in the global AI race May 26, 2021 History is a good predictor of the future. In the Eighteenth Century the industrial revolution led to technological, socio-economic and cultural changes that eventually transformed not just our quality of life, but also our expectations from life. The early adopters of technological change have compounded their progress ever since, and the earliest industrialized nations continue [...]
How AI is transforming drug discovery May 25, 2021 12 June 2007 marked a day in history that grow in significance in the coming decades. On that day a robot named ‘Adam’ ended the monopoly of humans over the discovery of scientific knowledge by identifying the function of a yeast gene. By searching through public databases, Adam generated hypotheses about the genetic codes for [...]
London ‘knowledge hacking’ app Uptime raises $3m from Youtube founder May 22, 2021 London-based education app Uptime has raised a further $3m (£2.1m) in a star-studded investment round from backers including Youtube co-founder Chad Hurley. Uptime, which describes itself as a “knowledge hacking app”, raised the funds as an extension to its seed round, bringing its total raised so far to $19m. Hurley, who is also an investor [...]
Your next GP might be Dr Alexa or Dr Siri May 20, 2021 One of the ways that artificial intelligence is transforming everyday life is through combination technologies which amalgamate innovations such as machine learning, deep learning, computer vision, image processing, natural language processing, speech recognition and more into brand new applications. The most active innovator and adopter of these ‘magic’ new combinations is the global healthcare sector. [...]
Week in Sportbiz: Bitcoin plunge hits chess grandmasters; ‘Stamford Beach’ stunt recalls Chelsea row; and Hundred teams get new spinners May 20, 2021 When is a $100,000 bonus not worth $100,000? That is a conundrum for the chess grandmasters taking part in the FTX Crypto Cup. The tournament, which features world champion Magnus Carlsen and starts this weekend, is offering a $320,000 prize to the winner – a record for an online chess event. But $100,000 of that [...]