Cazoo founder and state-backed investor drive £76m injection into AI fund February 6, 2024 The state-backed investor British Patient Capital and founder of troubled car firm Cazoo have backed a £76m injection into an London-based venture capital firm as it gears up for a spate of AI investment in the coming months.
UK government to prepare regulators for AI as it eyes ‘agile’ approach February 6, 2024 The British government will spend more than £100m building artificial intelligence (AI) research hubs and preparing regulators.
AI code of conduct ‘always doomed to fail’ say UK lawyers as guidance shelved February 5, 2024 City lawyers have said a voluntary code of conduct for artificial intelligence (AI) was "always doomed to fail".
Shares in British radiation detection firm Kromek jump following funding from Horizon Europe scheme February 5, 2024 Radiation detection firm Kromek has won government funding to develop its new product which can rapidly detect irregular radiation sources.
UK chip sector must seize investment opportunities, says tech minister February 5, 2024 Britain’s chip industry must get proactive about seeking investment opportunities and fostering skills, according to the UK’s tech minister.
To lead the artificial intelligence revolution, London must first win over the sceptics February 5, 2024 AI could be London's next big industry, but only if it builds the needed trust to develop the technology, writes Michael Mainelli.
Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night
Elon Musk to hold ‘immediate’ shareholder vote on moving Tesla fully to Texas February 1, 2024 Elon Musk has said Tesla will "move immediately" to hold a shareholder vote to transfer the company's state of incorporation to Texas.
Microsoft and Google: Results show a cautious market reaction to AI spending January 31, 2024 Microsoft and Google both reported strong quarterly earnings today but the tech giants failed to satisfy the market.
Working group launches code of conduct for insurance market when using AI January 31, 2024 A collaboration between 127 experts, including the former UK COO of Aviva, has resulted in the creation of a code of conduct for the insurance industry for using AI. This initiative aims to establish and uphold “the highest standards of behaviour and ethical responsibility” when planning, designing, or utilising AI in the management and settlement [...]