The BCC’s new Digital Revolution Challenge has held its first meeting to discuss ground-breaking research on how businesses are using Artificial Intelligence (AI). The survey, by the BCC’s Insight Unit – of more than 700 firms, mostly SMEs, found that 48% of all firms have no plans to use AI technology and customer facing businesses […]
Almost half of all businesses have no plans to use AI Read More »
The number of cybersecurity breaches for UK financial services firms have tripled from the years 2021-2022 and 2022-2023, with the highest number of breaches being reported within the pensions sector. A report from the international law firm RPC highlighted that the number of breaches reported to the Information Commissioners Office (ICO) has increased from 187
Cybersecurity breaches triple for financial services firms Read More »
People should not assume a positive outcome from the artificial intelligence boom, the UK’s competition watchdog has warned, citing risks including a proliferation of false information, fraud and fake reviews as well as high prices for using the technology. The Competition and Markets Authority said people and businesses could benefit from a new generation of
AI surge may not have a positive outcome Read More »
Creative industry leaders road mapped the future of AI in Creative Automation, hailing it as ‘vital’ for growing brands at the inaugural In-House Agency Summit in Hunter Valley. During the keynote speech, Storyteq CCO Guido Derkx labelled AI as ‘an essential feature of successful brand campaigns,’ enhancing Creative Automation for the world’s leading brands that
London based AI legal tech company, Genie AI, has launched the first public version of its AI legal assistant, which can: Sit alongside your legal document (no matter how long or complicated), ready to chat and assist Understand complex questions about your document and refer to specific clauses or schedules in detailed responses Provide answers
Genie AI releases a free to use advanced AI legal assistant for businesses Read More »
Left to Right: Dallas Campbell, Dr Suzie Imber andthe AstroAgency team at a Spacebar event Scotland has been heralded as the cornerstone of the UK’s space sector expansion as the Government’s Science Minister suggests the country could be the first to launch satellites into orbit from European soil. George Freeman MP hailed the country as
Science Minister predicts Scots to deliver first vertical launch in Europe Read More »
Award-winning aquaculture technology company, Ace Aquatec, have added another innovative product to their suite with the unveiling of their A-BIOMASS – an automated AI camera system which will revolutionise biomass data capture for fish farmers around the globe. Revealed for the first time at Aqua Nor 2023, the A-BIOMASS, an advanced underwater camera system, promises
Ace Aquatec launches state of the art biomass camera on global stage Read More »
New research from financial software provider, Advanced reveals financiers’ bold predictions for the future of workplace tech within the finance industry, from AI to human technology implants. Speaking to more than 5,000 senior decision-makers, the research has discovered that over half (55%) of financial leaders believe AI will be used to make critical business decisions
Robots make better decisions than my boss according to Gen Zers Read More »
AI could have a greater impact on the UK than the Industrial Revolution and play a key role in accelerating government decisions, according to Deputy PM Oliver Dowden. Reports from earlier this year found that around the world, as many as 300 million jobs could be impacted, generating new ones or wholly automating them. The Home
Deputy PM says AI could be bigger than the Industrial Revolution Read More »
London based supply chain startup; Kavida.ai has secured a further £900k investment to enhance its platform with artificial intelligence tool ChatGPT. The company helps manufacturers and retailers derisk procurement through its order management systems, allowing users to detect, track and manage issues to supplier orders before they hurt the business. The seed investment round was
Kavida.ai raises £900k seed capital to build innovative supply chain GPT Read More »
