British AI start-up lands $750m valuation nine months after creation November 14, 2024 British AI start-up Tessl has landed a $750m valuation just nine months after being created, it is understood, as it looks to revamp how computer programmers create software.
Entrepreneurs are the ‘real heroes’ and AI is already here, says Xero’s UK managing director November 12, 2024 Alexander Von Schirmeister is not just the UK managing director of Xero, a New Zealand-based online accounting software for small businesses, he is also one of the most well-travelled people one could meet. Alex – he said he prefers to be called – grew up culturally rich. The managing director was raised in Mexico by [...]
Employers wake up! Your staff are already using AI in the office November 4, 2024 Employees are outpacing their own employers when it comes to using AI. It's time for companies to catch up, writes Lorraine Barnes.
Amazon shares soar as it shatters Wall Street forecasts November 1, 2024 Amazon’s shares jumped over six per cent in after-hours trading after the e-commerce giant breezed past third quarter expectations. The boost from investors would lift the Seattle-headquartered company’s market cap, which currently stands at $1.95t, beyond the $2t mark. It posted quarterly revenue of $158.9bn (£123.3bn), beating analyst predictions of $157.2bn (£121.9bn), and a year [...]
AI-powered law must make justice fair and equal for all November 1, 2024 AI will make legal services more accessible and affordable but it cannot take the place of legal advice or personal relationships and professional interactions, says Richard Atkinson The legal landscape is changing with artificial intelligence (AI) front and centre. There has been exponential growth and increasing momentum in AI technologies. These advancements have remarkable potential [...]
Pearson: Educational publisher starts to reap rewards of AI October 29, 2024 Pearson said it is starting to see “commercial benefit” from the integration of artificial intelligence (AI) into its services. The education publisher said there have been over five million student interactions with its higher education AI study tools in the nine months to September, leading to double-digit year on year billings growth in its higher [...]
Are we entering the ABBA Voyage era at work? October 28, 2024 AI avatars are about to replace you in meetings. The possibilities are tantalising – and unsettling, writes Paul Armstrong AI avatars are joining our Zoom calls, often before we do. Meeting note-takers, digital clones, even interviewers are now infiltrating the office landscape—often uninvited. This isn’t some distant sci-fi concept; it’s happening now. Is this progress, [...]
Amazon Alexa inventor says most companies are getting AI wrong October 17, 2024 William Tunstall-Pedoe, the inventor behind Amazon’s voice assistant Alexa, has said that many companies that are trying to embed AI in their operations are getting it wrong. “Pretty much every medium and large business out there is trying to bring AI into their business,” he told City PM. “But a lot of these projects are [...]
The biggest threat isn’t AI – it’s people not being able to use AI October 12, 2024 Labour must implement a strategy for digital inclusion enabling more of us to use technology like AI, writes Saqib Bhatti
British ‘godfather of AI’ awarded Nobel prize but warns tech could ‘get out of control’ October 8, 2024 A British scientist dubbed the ‘godfather of AI’ has been honoured with a Nobel Prize in Physics, but warned of the “existential risk” it posed if technology gets “out of control”. Professor Geoffrey Hinton, born in the UK and a professor at the University of Toronto in Canada, said he was extremely surprised to be [...]
