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Artificial intelligence
Apple Halts AI News Summary Service Following BBC Accuracy Concerns
In a significant development for the technology sector, Apple has suspended its artificial intelligence-powered news summary feature after receiving complaints from the BBC regarding inaccurate content distribution. The suspension comes as…
Amazon Races to Transform Alexa with Groundbreaking AI Technology Push
The tech behemoth Amazon is orchestrating a significant overhaul of its Alexa voice assistant, aiming to revolutionise the platform with advanced generative AI capabilities. The $2.4 trillion company has dedicated the past two years to…
Healthcare Tech Pioneer Cera Achieves Unicorn Status After $150m Dollar Raise
British healthcare technology firm Cera has secured a landmark $150 million funding round, propelling the company to coveted unicorn status with a valuation exceeding $1 billion. The fundraising effort, combining debt and equity funding,…
AI Regulation Set to Create Digital Divide Between Northern Ireland and Britain Post Brexit
In a significant development highlighting the continuing impact of Brexit, Northern Ireland is poised to follow different artificial intelligence regulations compared to Britain as the European Union's new AI law takes effect next month.…
Labours Bold Vision to Transform Britain into a Global AI Powerhouse Faces Significant Hurdles
The Labour Party's ambitious strategy to position Britain as a leading artificial intelligence superpower is encountering substantial challenges, ranging from energy infrastructure constraints to data privacy concerns.
Sir Keir Starmer's…
AI Technology Takes Centre Stage at Global Consumer Electronics Show 2024
The world's largest consumer technology exhibition has been transformed into a showcase of artificial intelligence-powered innovations, with everything from televisions to automobiles featuring generative AI capabilities. Major industry…
AI Revolution in Audit Industry Promises Speed but Not Cost Savings
The landscape of auditing is experiencing a profound transformation through artificial intelligence, yet the promised cost reductions remain elusive. Major accounting firms, including Deloitte, EY, KPMG and PwC, have poured hundreds of…
Artificial Intelligence Pioneer Anthropic Set to Reach $60bn Valuation in Latest Funding Round
San Francisco-based AI powerhouse Anthropic is on the verge of securing a $2bn investment, propelling the company's valuation to an impressive $60bn. The deal, which would effectively triple the organisation's worth, involves prominent…
Apple Faces Backlash Over AI News Summary Feature Inaccuracies
Tech giant Apple has announced plans to revise its artificial intelligence news summary feature following a series of embarrassing mishaps that generated false news alerts on its latest iPhone models.
The corporation's AI system,…
British AI Defence Contractor Develops Military Drone Technology Amid Safety Concerns
A British artificial intelligence consultancy, Faculty AI, which has maintained close ties with the UK government, is actively developing AI systems for military drones, raising significant questions about the convergence of commercial and…
Bitcoin Miners Build Digital Fortresses as Profit Margins Face Growing Pressure
US-listed bitcoin mining companies are strategically building reserves of the cryptocurrency to shield themselves from narrowing profit margins amid escalating competition for resources. Industry giants including Mara Holdings, Riot…
AI Medical Scribes See Investment Surge as Healthcare Giants Battle for Market Share
Investment in artificial intelligence medical note-taking applications has witnessed a remarkable doubling in 2024, reaching £800 million compared to £390 million in 2023, as major technology companies and startups vie for dominance in the…
US Stock Markets Second Consecutive Year of Exceptional Growth Driven by Tech and AI
The S&P 500 has achieved a remarkable milestone, climbing more than 20% for the second consecutive year, propelled by widespread enthusiasm surrounding artificial intelligence and robust performances from mega-cap technology stocks.…
Defence Industry Merger Activity Set to Soar as Tech Investment Takes Centre Stage
Global defence contractors are poised for a significant surge in merger and acquisition activity, driven by expanding cash reserves and an urgent need to invest in cutting-edge technologies including artificial intelligence, advanced drone…
Nvidia Stakes Its Future on Robotics Revolution as AI Competition Intensifies
The world's most valuable semiconductor company, Nvidia, is placing a significant wager on robotics as its next major growth catalyst whilst facing mounting competition in its core artificial intelligence chipmaking operations.
The US…
AI Predictive Technology Set to Transform Digital Marketing and Consumer Behaviour
Research emerging from the University of Cambridge suggests artificial intelligence tools are poised to revolutionise how businesses predict and influence consumer decision-making. The study, conducted by the prestigious Leverhulme Centre…
Silicon Valley Tech Giants Set To Dominate Global Markets in 2025 as Apple Eyes 5 Trillion Valuation
The technological landscape witnessed seismic shifts throughout 2024, with Silicon Valley's influential figures emerging as formidable political powerbrokers. Elon Musk, the tech industry's most controversial figure, channelled £220 million…
Four Key Artificial Intelligence Predictions That Will Shape 2025 and Beyond
The artificial intelligence landscape is poised for significant shifts in 2025, with industry experts forecasting notable changes in development trajectories, market dynamics, and technological capabilities.
The remarkable momentum…