Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple March 4, 2024 Matalan launched a Generative AI (GenAI) tool in a "retail first" which it has said will lead to a quadrupling of productivity.
Elon Musk files lawsuit against OpenAI and Sam Altman amid regulator scrutiny over Microsoft March 1, 2024 Elon Musk has taken legal action against OpenAI and its chief executive, seeking to force it to return to its founding principles over profit.
Silverbullet slashes losses as switch to AI by global giants boost sales February 29, 2024 AI firm Silverbullet slashed its losses and saw its revenue surge during 2023 thanks to a major shift by global brands.
Amazon to invest in more robots to speed up deliveries and packing February 28, 2024 Amazon is ramping up investment into robotics as it looks to speed up its packaging and delivery processes.
Apple faces major UK investor rebellion over lack of AI transparency February 25, 2024 Legal & General Investment Management and Abrdn are planning to challenge Apple's AI disclosure practices at its upcoming annual meeting.
Can AI help employers work out what makes us human? February 24, 2024 AI will only make soft skills more desirable but could it also help recruiters find them in unusual places? Asks Henry Oliver
Square Mile and Me: Robin AI CEO Richard Robinson on making it in the startup world February 22, 2024 Each week we ask a City figure to take a trip down memory lane. Today, Richard Robinson, CEO and founder of legal AI startup Robin AI, tells us how he got there What was your first job? Working as a fishmonger with my father during the school summer holidays. What was your first role in [...]
Crypto and AI are opposites that attract February 21, 2024 Last week Open AI introduced Sora - their text-to-video model - that creates realistic videos from a simple prompt. Open AI CEO, Sam Altman, also expressed his desire to raise an eye-watering $7 trillion, or 3.5x the current total crypto market cap, to fuel chip design and manufacturing to cater for increasing adoption of artificial intelligence (AI).
‘Little room for error’ for Nvidia in full year results February 18, 2024 Chip designer Nvidia has provided a bullish forecast for its fourth quarter sales, estimating them to reach $20bn (£15.9bn).
UK chipmaker Graphcore explores sale as it struggles to cash in on AI boom February 18, 2024 British chipmaker Graphcore is reportedly exploring a sale to foreign buyers after struggling to reap the rewards of the boom in artificial intelligence.
