AI doing the work of over 200 people at Octopus, chief executive says May 8, 2023 Octopus Energy customers are more satisfied with AI bots answering their emails than humans, the energy provider’s chief executive revealed on Monday. Writing in the Times newspaper, the energy company’s chief executive, Greg Jackson, said the technology was doing the work of 250 people by answering customer emails and had received a 80 per cent [...]
Let’s be honest, making our own microchips won’t solve our China woes January 12, 2023 The UK has promised a microchips strategy, but it doesn't need one. We think we must produce chips to face off China, but in reality we will be better off importing them, writes Matthew Lesh
Let’s be honest, Labour’s ‘securonomics’ will make the UK economy less secure March 21, 2024 Reeves’ aspiration to deliver greater stability may sound appealing, but greater state involvement will not deliver the growth she promises.
UK must embrace open finance to be a global fintech leader and boost IPOs, industry chief says February 29, 2024 Open finance is key to making the UK a global leader in fintech and unlocking more public listings, the boss of a government-backed industry hub has told City A.M., as the sector struggles to lure investors.
UK optical chip company Optalysys bags £21m in funding for ‘groundbreaking’ encryption tech July 17, 2023 A UK chip designer has secured £21m in a Series A round of investment as it looks to enhance its “groundbreaking” data-sharing security that could pave the way for new levels of encryption able to defend users even from quantum computer-using hackers. Leeds-based Optalysys has secured the funding led by investment companies Lingotto and Northern [...]
Guess who’s back? RWA Tokenization May 13, 2024 Tokenization of real world assets is finally seeing adoption by financial institutions. This time it’s different as the technology is more mature, regulators are supportive and there’s an increasing mindset on the topic. For anyone following blockchain and Web3, the tokenization of real-world assets (RWA) might have a familiar ring. Expected to be a key driver of the adoption of blockchain technology for the next couple of years, RWA tokenization has already been explored in past cycles, specifically between ‘16 and ‘18. In this article I’ll uncover what is different this time and quantify some of the adoption we’re seeing by the large financial players.
Move over flying cars, data centres are the treasure chests of the future April 7, 2024 They may not be quite as headline-grabbing, but data centres will power the next industrial revolution, writes George Lazarias.
Google Cloud names Helen Kelisky as new UK Managing Director February 9, 2022 Google Cloud announced today that Helen Kelisky is set to become the new Managing Director, United Kingdom and Ireland.
Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs August 8, 2023 A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City A.M., Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]
IBM ditches facial recognition tech business amid racial profiling concerns June 9, 2020 Computing giant IBM has called time on its facial recognition business, after saying that it opposes the use of technology for racial profiling and mass surveillance. IBM chief execuvite Arvind Krishna said the company will no longer sell facial recognition services, as it seeks to “advance racial equality”. In a letter to members of US [...]