Deloitte refunds Australian government after AI ‘made up citations’ in report October 6, 2025 Big Four firm Deloitte is set to issue a partial refund to the Australian federal government after a report it issued contained several errors caused by the use of AI. Deloitte was commissioned by the Department of Employment and Workplace Relations (DEWR) to review a targeted compliance framework and its IT system in December 2024. [...]
EY: UK financial sector prioritises tech-savvy hires in AI era October 6, 2025 Over half of all of new non-executive directors appointed to British financial services companies over the past year have brought tech expertise, new research from big four accountancy giant EY has found. The figure, 52 per cent, shows a 16 per cent rise from the previous year, as AI continues to shift boardroom dynamics. While [...]
Youtube bets on AI ads as viewing habits evolve October 5, 2025 Youtube has become a near-ubiquitous presence in UK homes, with 47.9m adults now using the platform across devices. Ipsos data shows the average viewer spends 78 minutes a day watching its content, with the platform leading in so-called ‘connected TV’ viewing ahead of traditional broadcasters and other streaming services. For brands, this scale is attractive: [...]
Themis snaps up Pasabi in AI fraud fight as financial crime costs soar October 3, 2025 London-based financial crime intelligence firm Themis has acquired fraud monitoring company Pasabi, in a move aimed to accelerate the use of AI in tackling one of the fastest-growing criminal threats facing businesses and consumers globally. The deal, approved under the UK Home Office’s National Security and Investment Act, is set to fold Pasabi’s fraud detection [...]
AI healthtech Cera can slash NHS emissions, new study finds October 3, 2025 An AI-powered model for home healthcare can reduce carbon emissions by around 15 times compared with hospital care, new research has found, adding an environmental dimension to the case for shifting more care out of hospitals and into the community. An independent third party analysis by IEP confirmed that that Healthtech company Cera’s home-first model [...]
Why did an AI Chatbot try to convince me Charlie Kirk was alive? October 2, 2025 On the day of Charlie Kirk’s funeral, the AI model Claude went full Colonel Kurtz on me, accusing me of spreading fake news and having a full-blown mental health crisis. In a piece of writing I had referenced the recent assassination of Charlie Kirk and asked Claude to check my grammar. It replied saying: “The Charlie Kirk reference needs clarification [...]
Retail investors put increasing trust in AI to build their portfolio October 2, 2025 UK retail investors are putting increasing amounts of trust in AI tools to build their investment portfolio, believing it is able to make more informed decisions. According to the latest report from investment platform eToro, the number of investors using AI tools has increased by 45 per cent over the last year. Of the investors [...]
UK ‘open for business’ as tech M&A surges October 2, 2025 The UK tech sector is experiencing a resurgence in mergers and acquisitions (M&A), driven by a combination of domestic innovation, international investment and the rapid adoption of AI. “The UK is definitely open for business”, investment banker Victor Basta told Morning Wire. “It has enormous talent, and for international companies, particularly those who can’t invest [...]
Sora: OpenAI targets Tiktok with AI social media platform October 1, 2025 OpenAI has taken an ambitious step into the social media market with the launch of ‘Sora’, its new app designed for users to generate and share AI-generated video content. Coupled with the roll-out of Sora 2, its new audio-visual software model, the platform aims to shift AI from a mere productivity tool, into a space [...]
eBay launches £3m AI programme for UK SMEs October 1, 2025 E-commerce giant eBay has unveiled a major initiative aimed at helping UK small businesses harness the power of AI and compete with larger enterprises. The company’s new programme, ‘AI activate’, is a £3m investment that will provide up to 10,000 small enterprises with fully funded access to OpenAI-powered tools and tailored training to boost productivity [...]