UK’s AI Safety Institute set to open in San Francisco May 20, 2024 The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.
Capital markets, climate change and AI will profoundly alter financial services May 20, 2024 Addressing the biggest challenges facing the economy will not only bolster the City’s offering, but will contribute to broader questions of growth and productivity, says Chris Hayward City Week is back! Today, the 14th edition of City Week begins and Guildhall’s doors will open to over 1,000 international delegates. This year, our focus is four [...]
Nvidia eyes strong first quarter results as analysts remain bullish May 19, 2024 This AI hype has enabled Nvidia to annihilate consensus sales and profit forecasts in all four quarters of the financial year 2024.
Guerrilla influencers and AI news anchors, China is ramping up its propaganda machine May 19, 2024 China's propaganda machine is embracing AI - but there are limits to what tech can do with bad storytelling, writes Ruby Osman.
Labour to launch AI strategy within a ‘couple of weeks’ as election priming continues May 15, 2024 Peter Kyle, Labour's shadow technology secretary, yesterday evening teased an audience of business leaders with the party's AI plans.
Watchdog to warn tech leaders over data protection in AI May 15, 2024 The UK's data watchdog chief is set to warn tech businesses that they must "bake in" data protection at every stage of developing artificial intelligence technologies in order to properly protect people's personal information.
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.
AI washing: How companies are using AI hype to bump up their share prices May 14, 2024 Overplaying claims about artificial intelligence in the hope of creating a 'halo effect' around their company and boosting their stock price is a new fad, spanning across a variety of sectors.
What Wayve’s billion-dollar round says about the UK’s fundraising landscape May 12, 2024 Wayve's latest funding round was heralded as a watershed moment for UK tech, but also revealed a worrying trend about our fundraising landscape.
Does the Darktrace takeover prove the US bad for British tech? May 11, 2024 Policy makers love that we’re building tech companies like Darktrace in the UK but hate it when they scale in the US. Time to regulate for reality, says Camilla de Coverly Veale You don’t have to look far to find someone presenting the view that the US tech scene is a predator to British tech: [...]