Darktrace holds forecasts as cybersecurity business picks up October 12, 2023 British cybersecurity company Darktrace has expressed confidence in its full year outlook as new customer additions pull up revenues.
Canva designs new AI tools aimed at blue-chip giants — and small charities October 5, 2023 Canva, the graphic design powerhouse, is trying to entice large businesses with a new arsenal of artificial intelligence (AI) tools. Duncan Clark, head of Canva in Europe, revealed that the Australian firm has witnessed “astronomic growth” across companies of all sizes, including blue-chip giants. Canva brought in revenues of $1.7bn (£1.4bn) in the past year, [...]
OpenAI boss says AI regulation could go wrong September 25, 2023 The chief executive of OpenAI, the organisation behind ChatGPT, has voiced concerns about the challenges of regulating artificial intelligence (AI). During a visit to Taiwan, Sam Altman, who leads the startup backed by Microsoft, expressed that while he is not overly worried about government over-regulation, it remains a possibility. He said: “It is possible to [...]
Amazon to invest up to $4bn in Anthropic to boost its AI offering September 25, 2023 Amazon will invest up to $4bn (£3.3bn) in rising artificial intelligence (AI) startup Anthropic, the tech giant said today.
London VC firm raises record $700m to fuel European tech September 25, 2023 London investment firm Dawn Capital has raised $700m (£572m) as it looks to nurture the tech talent and innovation blossoming across the continent. The venture capital (VC) firm’s $620m flagship fund, Dawn V, aims to support software startups with initial investments ranging from $10-$40m at Series A and B stages. It is the largest ever [...]
There is a risk humans could lose control of AI machines, says deputy PM September 23, 2023 The UK’s summit on artificial intelligence will look at protecting “humanity’s future” by countering the risk of “losing control of the machines”, the Deputy Prime Minister has told world leaders. In a speech setting out the opportunities and dangers of AI, Oliver Dowden told the United Nations’ General Assembly that the daily rate of progress [...]
New AI principles hint at pro-innovation future of UK regulation September 19, 2023 Britain’s competition watchdog has set out guidelines to steer the development of artificial intelligence (AI), which lawyers suggest could be a blueprint for a pro-innovation future of AI regulation. The Competition and Markets Authority (CMA) has proposed seven principles to guide the use and development of the foundation models that underpin AI giants like OpenAI’s [...]
The Notebook: Kokou Agbo-Bloua on humanity’s obsession with fire, the moral dilemmas raised by AI and why China’s outlook is a case of ‘heavy cloud, no rain’ September 18, 2023 Today, it’s Societe Generale’s global head of economics,cross-asset and quant research Kokou Agbo-Bloua with the Notebook pen The Red Flower and future energy We all remember the enchanting lyrics of the Monkey Song, ‘I wanna be like you’, from Walt Disney’s 1967 film The Jungle Book. In the movie, Mowgli is captured by a troop [...]
Meet the AI startup getting ahead of regulation and artist copyright protection September 7, 2023 Amid the ongoing legal knots and evolving regulations surrounding generative artificial intelligence (AI), businesses would be right to be concerned about infringing copyright laws. AI image generators have been the subject of much backlash, with accusations of scraping material from artists landing them in murky legal territory. Earlier this year, several visual artists filed a [...]
Darktrace lowers earnings forecast as sales commission changes September 6, 2023 "The macro-economic backdrop has been a headwind for many businesses over the past year, and we have not been immune from its impact," said chief executive Poppy Gustafsson.
