Pragmatic: ‘More to be done’ says boss of British chipmaker May 19, 2024 The chief of Pragmatic has said good progress has been made but there is "more to be done" to support Britain’s semiconductor industry.
London-listed Keywords Studios receives private equity bid at 73 per cent premium May 19, 2024 Video game services company Keywords Studios has said it would be "minded" to accept a £2.2bn takeover bid from Swedish private equity giant EQT Partners if it makes a firm offer.
Sony Music Group open to licence agreements with AI developers May 16, 2024 Sony Music has also said that "innovation must ensure that songwriters' and recording artists' rights, including copyrights, are respected."
FTSE 100 today: London markets set to surge, riding global rally fuelled by US inflation relief May 16, 2024 Asian stocks echoed Wall Street's optimism on Fed rate cuts. Oil and gold surged, eyes on US Philly Fed Index, BT Group, Walmart earnings.
Labour to launch AI strategy within a ‘couple of weeks’ as election priming continues May 15, 2024 Peter Kyle, Labour's shadow technology secretary, yesterday evening teased an audience of business leaders with the party's AI plans.
Watchdog to warn tech leaders over data protection in AI May 15, 2024 The UK's data watchdog chief is set to warn tech businesses that they must "bake in" data protection at every stage of developing artificial intelligence technologies in order to properly protect people's personal information.
Klarna lawyers drafting contracts with ChatGPT and 9 in 10 staff using AI everyday May 14, 2024 But the adoption of AI at Klarna has impacted its hiring strategy. The firm recently said that AI was doing the job of 700 full-time workers.
AI washing: How companies are using AI hype to bump up their share prices May 14, 2024 Overplaying claims about artificial intelligence in the hope of creating a 'halo effect' around their company and boosting their stock price is a new fad, spanning across a variety of sectors.
Ensilica: Oxford chip designer shares tumble as ‘slower’ UK economy blamed for contract delays May 14, 2024 Ensilica has designed three new chips for smartphones and artificial intelligence, which it said will lead to long-term revenues.
London’s most respected ad guru on why data giants Publicis and WPP have it wrong May 13, 2024 The former chief of operations at Publicis says brands that still launch with a TV ad and a poster blows his mind.