Robots, AI and digital disruption are coming to the hedge fund industry October 20, 2016 The robots are coming. And the hedge fund industry appears to be accepting it. “There’s a very strong business case for replacing humans with algorithms in a lot of areas of the business,” said one respondent in a survey of more than 100 hedge fund leaders and executives. Some 58 per cent of those interviewed [...]
Stephen Hawking: Artificial intelligence research crucial to the human race October 20, 2016 The UK is about to further boost its status as a world leading centre for artificial intelligence (AI) with the launch of a new centre in Cambridge which is set to explore the implications the technology holds for humans. Officially opened by Professor Stephen Hawking on Wednesday, the £10m Leverhulme Centre for the Future of Intelligence [...]
Twitter fires its new head of VR… in the same week it hired him October 19, 2016 Twitter is ploughing on into the world of virtual reality, though it faced a small setback today after announcing it had fired its new head of VR (roughly 48 hours after he started his new job). A Silicon Valley tech entrepreneur, Gregory Gopman, had joined the struggling social network to work on a nascent team charged with [...]
Quiz: Who said it – real Trump or robot Trump? October 18, 2016 Can you tell the difference between Donald Trump and a robot? The Presidential hopeful's Tweets are increasingly erratic as voting day approaches, although, he has always had a peculiar way with 140 characters. Following along with the Presidential election race, there's a Trump Twitter bot that aims to recreate the magic of his tweets using artificial intelligence. Read [...]
Brexit deal and EU trade policy in the spotlight as EU-Canada deal falters October 18, 2016 The EU’s entire trade policy was brought into question today after political squabbling looked set to cast another delay to the landmark EU-Canada free trade agreement. Following a regional parliament in Belgium voting against the deal last week, trade ministers from the other 27 EU countries were forced to issue an ultimatum to the Belgian [...]
Wage against the machine: The robots are coming October 18, 2016 Depositing money at the bank, booking a doctor’s appointment, or ordering a pint of beer may have little in common today, but it’s highly likely that, in the near future, basic jobs such as these will be carried out by robots. Existing robotic and artificial intelligence technologies are quickly eliminating a vast number of low-level [...]
easyJet will invest millions in tech startups with Founders Factory October 16, 2016 easyJet is the latest established business tapping tech talent to boost innovation, partnering with the high-profile London-based startup accelerator and incubator Founders Factory. The airline is the sixth corporate backer of the startup hot house created by renowned entrepreneurs Brent Hoberman and Henry Lane Fox – both of Lastminute.com fame – with the ambitious goal of creating 200 successful startups over the next five years. The [...]
This UK startup using AI for compliance just raised millions October 13, 2016 A UK tech startup which uses artificial intelligence to ensure compliance rules are followed by financial firms has raised millions of pounds from top investors. ComplyAdvantage has raised $8.2m (£6.7m) in a series A round of funding led by Balderton Capital to fuel expansion into the lucrative US market. The regulatory tech firm, or regtech (an offshoot of [...]
Movie-length games: new titles you can play in under three hours, including That Dragon, Cancer and Virginia October 12, 2016 These movie-length games pack an emotional punch but won't lead to you getting a messy divorce because you neglected your family to farm credits to pay for a new colour of rocket launcher. That Dragon, Cancer Platform: iOS That Dragon, Cancer is less a game than an interactive art installation about a grieving family coming to [...]
The government needs a robot strategy October 12, 2016 The government needs a robot strategy to unpick the impact that artificial intelligence (AI) will have on society, including the loss of jobs, a group of leading MPs have warned. The UK's reputation as a world leader in the field of robotics and AI technology should position the UK as a leader in examining the social and [...]