Can Cazoo go from collapse to Auto Trader’s ‘undisputed’ rival? Tech Cazoo can double in size over the next couple of years and become the undisputed number two to FTSE 100 giant Auto Trader, the man charged with its phoenix-like recovery has said. Barry Judge, who helped rescue the brand after it collapsed in May 2024, added that the company is working on winning back the [...]
Anthropic boss: AI will take half of entry level jobs in the UK Tech Anthropic CEO has warned that AI could eliminate up to 50 per cent of entry-level white-collar jobs in the UK within five years.
Nvidia smashes forecasts – but China trade drag looms large Tech Nvidia once again beat Wall Street’s lofty expectations last night, reporting nearly $44.1bn in revenue in its first quarter – a staggering 69 per cent jump year on year. But despite a positive set of numbers and a surge in data centre sales, there are still warning lights blinking on the AI chip giant’s dashboard. [...]
AI isn’t undermining university, it’s exposing it May 29, 2025 The crisis in universities didn’t start with ChatGPT, it began when the acquisition of knowledge became a transaction. To tackle it, universities should rediscover their foundational purpose: intellectual innovation, says Eliza Filby Universities are at a tipping point with AI. One recent survey found 88 per cent of students have used Gen AI for written [...]
The death of deep thinking: What generative AI is doing to your future team May 27, 2025 AI is reshaping education at a structural level, but the implications are beginning to show beyond lecture halls. Tools like ChatGPT become embedded in academic routines, students are increasingly outsourcing the work of ideation, synthesis and long-form writing to machines. What used to be learned slowly, through the hard graft of writing and revising, is [...]
Nvidia’s new chip aims to soften tariff blow ahead of key earnings May 26, 2025 Nvidia is moving quickly to protect its position in China with the launch of a new AI chip – a stripped down, cheaper product aimed at dodging tightening US export restrictions and softening the blow of escalating trade tensions. Set to begin mass production as early as next month, the chip will be based on [...]
Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]
UK SMEs could ‘unlock £78bn’ by using AI May 21, 2025 The UK’s small and medium enterprises (SMEs) could unlock up to £78bn for the economy over the next decade through greater adoption of generative AI. Despite the transformative potential of AI tools like ChatGPT, Copilot, and other large language models (LLMs), uptake among SMEs remains limited. Less than one in five small businesses are currently [...]
M&S attack exposes long term cyber fallout for UK firms May 19, 2025 The long tail of cyber attacks is becoming clearer, and more costly, for UK businesses. New data from Hiscox revealed the long term brand and commercial damage from breaches has more than doubled in the past year, underscoring the mounting risks in an AI-driven threat landscape. In its latest cyber readiness report, Hiscox found that [...]
AI triggers biggest financial services skills crunch in 15 years May 19, 2025 The UK financial services sector is facing its most significant technology skills shortage in over 15 years, driven by the rapid adoption of artificial intelligence. According to the latest Harvey Nash digital leadership report, AI has surged from the seventh to the most scarce technology skill in just 18 months – a 260 per cent [...]