How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Applied Materials shares surge 12 per cent on bullish revenue forecast amid AI craze February 16, 2024 Applied Materials, a leading supplier of semiconductor equipment, witnessed a remarkable surge in its shares by more than 12% during after-hours trading on Thursday.
Cambridge tech firm Checkit halves losses as it eyes profitability February 15, 2024 Software company Checkit has said its path to profitability is moving faster than expected, after it has halved losses year on year.
AI platform Cordel begins data contract with Network Rail to improve engineering on HS1 February 14, 2024 Artificial intelligence platform Cordel Group has commenced its contract with Network Rail, providing high-tech data capture services on High Speed one.
Arm shares double in three days as investors cheer company’s AI-driven earnings boom February 13, 2024 Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.
Moving markets: Five things shaping the FTSE 100 today February 13, 2024 U.S. stocks closed mixed, while Asia saw modest gains. Bitcoin hits $50,000, oil prices remain stable, and the focus shifts to UK labour market data and U.S. inflation.
UK should resist ‘over-regulating AI’: Founder of British tech start-up hailed by Sunak as ‘revolutionary’ February 12, 2024 The founder of a fast growing British tech startup, RobinAI, has said he believes the UK should resist over-regulating AI.
Over a quarter of lawyers use AI tools despite security fears February 12, 2024 The number of lawyers using generative AI tools at least once a month has more than doubled in half a year, according to a survey.
Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20 February 12, 2024 Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.