MI5 warns of threats from Russia and China in general election May 28, 2024 MPs have warned of possible foreign interference from China, Russia, North Korea and Iran during the upcoming general election.
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
Keir Starmer won’t fix the economy May 27, 2024 Keir Starmer is driving home the message that “Labour has changed”, but it remains a dirigiste party, believing that the state must play a substantial and active role in the management of the economy, says Eliot Wilson Parliament will formally be dissolved this week, after Rishi Sunak announced the general election will be held on [...]
Softbank to invest $9bn in pivot to AI May 27, 2024 Japanese tech company Softbank is to invest almost $9bn in artificial intelligence, as it pivots away from its traditional venture capital model of investing. Softbank became known globally for its flagship Vision Fund, investing in pie in the sky companies which occasionally translated to a massive win. Most famously, the company invested a staggering total [...]
Docusign chief: Brexit has slowed UK dealmaking – but that’s an opportunity for us May 26, 2024 The chief executive of contract management company Docusign has said Brexit and British red tape have stifled dealmaking in the UK, making it much slower than the US.
Artificial Intelligence expert Nina Schick talks weaponisation of AI, deepfake and the elections May 24, 2024 Nina Schick, an AI Advisory Council Member at Qlik, explains to City A.M. news editor Emmanuel Nwosu how we are only "at the beginning of the AI revolution" and how it will "change everything".
Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns May 24, 2024 The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."
News Corp: The Times and Sun publisher pens ‘beautiful friendship’ deal with OpenAI worth £200m May 23, 2024 OpenAI now has access to current and archived content from many of News Corp's publications, including The Times and The Sun.
Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone May 23, 2024 Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.
Microsoft chief: UK tech sector must ‘act assertively’ to stay ahead of global rivals May 22, 2024 Microsoft's UK boss has urged the nation's tech sector to "act assertively" and embrace artificial intelligence technology in order for the UK to stay ahead of international competition.