Lessons from the dot-com bubble, 25 years on March 13, 2025 While it’s tempting to compare the current excitement around AI to the dot-com bubble of 2000, it would be wrong to draw too many parallels, says Brad Holland As one market reporter quipped in Summer 2000: ‘pity the poor technology investor’. After the past fortnight’s trimming of US financial markets, some might think this observation has proven [...]
Keir Starmer to pledge red tape rollback in bid to ‘reshape the state’ March 12, 2025 Sir Keir Starmer is expected to pledge to slash red tape for businesses in a bid to “reshape the state” of the UK amid what he will call a new “era of instability”. The Prime Minister is set to make an announcement on Thursday about his plans to reform the British state, cut regulation, and [...]
UK firms lead AI race, whilst regulation holds back EU March 11, 2025 UK chief executives are leading with Artificial intelligence (AI) implementation in the workplace compared to their European counterparts, who are struggling with regulation. New research by Harris, on behalf of AI platform Dataiku, highlighted a significant gap in adoption between the UK and the EU due to regulatory concerns. The report found that just 26 [...]
Virgin Media 02 to spend millions upgrading its mobile network March 11, 2025 Virgin Media has announced a £700m investment this year to improve mobile reliability and boost speed for its UK customers. This investment will also help the broadband giant to strengthen its 4G and 5G coverage in rural areas. As part of its mobile transformation plan, the firm plans to roll out thousands of upgrades, including [...]
KPMG to merge dozens of markets in major overhaul March 10, 2025 Big Four audit giant KPMG will merge dozens of its national partnerships in an attempt to accelerate growth and minimise audit scandals. The move to integrate its panoply of businesses, each of which is owned by the respective partners in each jurisdiction, represents one of the most significant shake-ups at a major professional services network [...]
Quantexa: London-based AI startup’s valuation hits £2bn March 5, 2025 London-based artificial intelligence (AI) startup Quantexa‘s valuation has jumped to more than £2bn following a new round of funding. The firm, which uses AI to interpret data sets and help financial firms manage risk, secured a $175m (£137.66m) investment in a funding round led by the Teachers’ Venture Growth (TVG), which will bring the firm’s [...]
Starmer must not exploit Ukraine crisis for right-wing votes March 5, 2025 With Trump and Vance attacking causes and values that British voters hold dear, Keir Starmer has to work harder to convey to a country shocked and appalled by the American administration’s behaviour whose side he is on, says Will Cooling As Sir Keir Starmer flew back to London last week, he could have been forgiven [...]
Why top law firms are betting big on virtual reality training | What’s the Context? March 4, 2025 City AM's legal reporter Maria Ward-Brennan visits the law firm Herbert Smith Freehills to try out the virtual reality tools they are testing to train their lawyers.
AI-men: How Gen Z will join religions created by algorithms March 4, 2025 Bespoke belief systems like tarot and astrology are already gaining popularity with Gen Z – AI will take it further, offering bespoke doctrines, machine-learning-driven prophecies and virtual deities that evolve based on user data, says Paul Armstrong Spirituality is evolving, and Gen Z is leading the charge. Traditional religious affiliation is in freefall (43 out [...]
Wayve: Nvidia, Uber and Softbank backed EV startup set for global expansion March 3, 2025 British artificial intelligence (AI) startup Wayve, which develops autonomous vehicle systems, has announced plans to accelerate its international expansion by launching a new hub in Stuttgart, Germany. Backed by tech giants Uber and Softbank, the self-driving firm is testing its AI-powered self-driving tech in Germany and the US and plans to secure partnerships with various automakers. [...]