UK savers back AI on pensions, but ‘not as a substitute for humans’ February 12, 2025 UK savers are open to artificial intelligence (AI) playing a key role in pension customer support. But, most would rather have a combination of AI and human interaction, rather than a fully automated system. A recent survey by pension scheme provider PensionBee found that of its 1,000 participants, 79 per cent favoured a hybrid approach. [...]
UK bosses to embrace M&A to stay ahead of digital curve February 12, 2025 Nearly all business bosses (99 per cent) said they expect to actively pursue transactions over the next year, according to EY's latest CEO outlook.
As the US snubs Paris summit, how can we keep AI under control? February 11, 2025 The US and UK have refused to sign a declaration on AI safety at the Paris Summit. Is there a 'third way' for regulation, asks Russ Shaw.
Hyper-personalisation: Has AI finally made retail’s ‘holy grail’ possible? February 8, 2025 Hyper-personalisation has long been the holy grail of retail: to recreate the customer experience of a local, everyone-knows-your-name store on a global scale. Now, with the combination of data tracking, AI and our ever-increasing tendency to consume online content, genuinely personally-tailored ads are just about within touching distance. These ads, introduced in their earliest form [...]
UK’s audit chief ‘open to learning’ from Elon Musk’s DOGE in US February 5, 2025 The head of the government’s spending watchdog has said he is open to learning from Elon Musk’s US “department of government efficiency”, or DOGE. Gareth Davies, the UK’s chief auditor, gave his annual speech to Parliament on Tuesday, warning that money was being “wasted” and public services “compromised” as he stressed that there was a [...]
Google parent firm Alphabet drops pledge on using AI tech for weapons and surveillance February 5, 2025 Google’s parent company Alphabet has removed its commitment to avoiding artificial intelligence (AI) applications for weapons and surveillance from its ethical guidelines. The tech behemoth stressed the importance of collaboration between businesses and democratic governments to develop AI that “protects people, promotes global growth, and supports national security.” The revised guidelines were announced in a [...]
Yes, AI will wipe out some jobs. But this is the story of progress February 5, 2025 AI will inevitably make some jobs redundant, but the benefits to society are far worth it, writes Paul Ormerod.
Stokes and Gakpo part of £4m funding round for AI wealth firm Prosper January 30, 2025 England cricket captain Ben Stokes and Liverpool forward Cody Gakpo are part of a £4m funding round for a wealth management platform leveraging AI. The sportsmen joined Fuel Ventures, who led the round with a £2m investment, in London-based FinTech Prosper. Olympians Dame Jessica Ennis-Hill, Dame Sarah Storey and Tim Podcock, and footballers Ben White [...]
Is Deepseek more an attack on Wall Street than an AI innovation? January 30, 2025 The launch of Deepseek has been framed as the AI race’s Sputnik but the timing is dubious and questions are being asked about whether the tech is really as game-changing as its creators claim. Either way, America must stay vigilant, says Mark Minevich It started with a single, seismic headline: China builds an AI model [...]
DeepSeek accused of using OpenAI’s models to train its viral bot January 29, 2025 OpenAI has accused Chinese competitor DeepSeek of using its models to train the competing system, violating its property rights. The ChatGPT maker claimed that its new Chinese competitor employed a technique called ‘distillation’ – when a smaller model learns from its larger counterpart – to develop its new chatbot. Donald Trump’s artificial intelligence adviser, David [...]
