Apple cut at least 600 employees when it ditched its car project April 5, 2024 Apple's layoffs affected employees across various California addresses, with most from sites linked to the company's now-defunct car unit dubbed Project Titan.
Music industry heavy hitters Sony and Universal join forces with artists including Katy Perry to combat AI exploitation April 5, 2024 With the rise of AI-generated music, the music industry is worried about the erosion of human creativity and fair compensation.
Samsung profit to skyrocket by 931 per cent as chip recovery in sight April 5, 2024 It will be Samsung's most successful quarter since 2022 as sales also climbed to 71t won, up 11.4 per cent from a year earlier.
Ofgem: Energy watchdog to consult over AI’s risk to industry collusion April 4, 2024 Ofgem said it "appears to have sufficient powers to address important risks arising from the use of AI when detected."
Unleashing The Future Of Finance: IFGS 2024 Beckons April 3, 2024 The UK has long been celebrated as a global leader in FinTech and financial innovation. 8 out of every 10 adults in the UK are currently using at least one FinTech tool on a regular basis; nearly 60% of all SME lending across the UK is being done by FinTechs and alternative lenders; and the [...]
‘Floor not a ceiling’: Sadiq Khan pledges to create at least150,000 jobs in AI, fintech and sciences April 3, 2024 Sadiq Khan has pledged to create 150,000 new jobs in key growth sectors including artificial intelligence (AI), financial and climate technology, and life sciences.
As Derby’s historic rail industry declines, it should look to Redcar for a model of letting go April 3, 2024 From steelworks to freeport, Redcar's redevelopment offers a model for moving on which Derby may wish to follow, writes Paul Ormerod.
London legal AI firm Luminance secures £32m funding in US expansion push April 2, 2024 Luminance’s proprietary legal AI model automates the negotiation of contracts and other legal documents to speed up a lengthy process.
Forget the tech, if the AI industry wants to thrive it must win over public opinion April 2, 2024 AI must win over a suspicious public if we want a safe future for the technology, writes Lord Mayor Michael Mainelli.
Livestream shopping finds its footing in the collectables market April 1, 2024 Helped by a restless and largely furloughed population during the pandemic, livestream shopping made its way over to the UK in 2020