K3 Business Technology: Revenue slides after ‘sharply lower levels’ of activity July 17, 2024 K3 Business Technology Group, a provider of software solutions focused on fashion and apparel brands, has seen its revenue slide after a "sharply lower levels" of activity within its Global Accounts operation.
Sunak missed the mark on AI. Now it’s up to Starmer to do better July 17, 2024 While most companies do not want cumbersome rules, they do want clarity on the regulatory front, which is essential to provide businesses and consumers with certainty.
HSBC: UK’s AI startups on track to raise record-breaking £3.4bn this year July 16, 2024 The UK continues to be the premier European hub for startup innovation and investment, outpacing France and Germany combined in the first half of 2024.
Starling founder Anne Boden swaps bank for new AI venture July 14, 2024 Anne Boden stepped down from the board of Starling Bank in June but retains a stake understood to be just below five per cent.
AI deepfake scams hit FTSE 100 bosses July 10, 2024 Back in May, the chief executive of WPP revealed he was targeted by a deepfake scam which involved his voice being cloned on a company Microsoft Teams call.
Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy July 9, 2024 Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to provide meaningful productivity boosts to the economy.
How AI can help fight crime July 1, 2024 The City of London’s AI Innovation Challenge will harness the power of technology to prevent and track fraud, says Chris Hayward AI chip producer Nvidia is vying with Microsoft and Apple for the title of world’s most valuable company. History teaches us that those who become the world’s most valuable company, be they Standard Oil, [...]
Major data centre greenlit for London’s Royal Docks June 20, 2024 It has been designed to support large AI applications, meeting the power and cooling demands of rising AI workloads.
Nvidia overthrows Microsoft and Apple as world’s most valuable company June 19, 2024 New York's Nasdaq exchange, where Nvidia is listed, has also surged 21 per cent year to date to a record high.
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.