Lloyds Bank hires Amazon Web Services exec for first new AI director role August 5, 2024 Like many other businesses, banks are looking to use AI to improve stagnant productivity growth and cut costs.
UK-based AI startup raises £4m to automate ‘hyper-personalised’ marketing campaigns August 9, 2024 Userled's funding will allow it to expand its team and continue developing its AI-powered technology, which is already used by companies like Wayflyer, Deel, Onfido and Encord.
Why human centaurs and data provide the advantage in the AI age May 18, 2023 Sergio Gago of Moody's Analytics says the impact of AI on the financial industry is poised to be transformative.
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.
Microsoft, Google and Amazon flood AI start-ups with cash, outspending venture capital December 27, 2023 Big tech companies spent twice as much on deals with Generative AI start-ups than venture capital groups in 2023, according to new data from Pitchbook.
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.
Amazon to invest up to $4bn in Anthropic to boost its AI offering September 25, 2023 Amazon will invest up to $4bn (£3.3bn) in rising artificial intelligence (AI) startup Anthropic, the tech giant said today.
Nvidia boss Jensen Huang declares new industrial revolution as AI stock keeps gaining June 13, 2024 Nvidia recently reported $26bn in revenue for the first quarter of fiscal year 2025, a 262 per cent increase from the previous year.
AI giant Coreweave in £1bn UK investment as London picked for new European HQ May 10, 2024 An American artificial intelligence (AI) group has announced plans to invest £1bn in the UK after opening a new office in London as its European headquarters.
Ed Warner: VAR cock-ups are hastening the inevitable arrival of AI referees October 12, 2023 How long until a match is refereed entirely by AI, following the latest Premier League VAR blunders?