We already find ourselves at an inflection point with AI. According to a recent study by McKinsey, we’ve reached the turning point where ‘businesses must look beyond automation and towards AI-driven reinvention’ to stay ahead of the competition. While the era of AI-driven acceleration isn’t over, a new phase has already begun – one that goes beyond making existing workflows more efficient...
2025
Financial platforms today enable users to access almost every financial service or product online from the convenience of their homes. The fintech revolution has been gaining momentum over the years, helping companies provide robust services and solutions to customers without the limitation of geographical distances. While a lot of emerging technologies are playing a role in the evolution of the...
The EU AI Act, which came into effect on August 1, 2024, marks a turning point in the regulation of artificial intelligence. Aimed at governing the use and development of AI, it imposes rigorous standards for organisations operating within the EU or providing AI-driven products and services to its member states. Understanding and complying with the Act is essential for UK businesses seeking to...
Midjourney has announced the alpha release of its V7 image generation model for testing by the AI community. The new model packs improvements in text prompt understanding, image quality, and feature coherence. “V7 is an amazing model. It’s much smarter with text prompts, image prompts look fantastic, image quality is noticeably higher with beautiful textures, and bodies, hands, and objects of...
Google has recently released an AI-powered update to Gmail’s search functionality. The update sees the email app move away from the chronological display of search results to a new relevance-based ordering of results. The built-in AI engine analyses emails based on factors like recency, most-clicked emails, and frequent contacts, to display conversations users are likely to be looking for. This...
Google has recently released an AI-powered update to Gmail’s search functionality. The update sees the email app move away from the chronological display of search results to a new relevance-based ordering of results. The built-in AI engine analyses emails based on factors like recency, most-clicked emails, and frequent contacts, to display conversations users are likely to be looking for. This...
Ant Group is relying on Chinese-made semiconductors to train artificial intelligence models to reduce costs and lessen dependence on restricted US technology, according to people familiar with the matter. The Alibaba-owned company has used chips from domestic suppliers, including those tied to its parent, Alibaba, and Huawei Technologies to train large language models using the Mixture of Experts...
Kay Firth-Butterfield is a globally recognised leader in ethical artificial intelligence and a distinguished AI ethics speaker. As the former Head of AI and Machine Learning at the World Economic Forum (WEF) and one of the foremost voices in AI governance, she has spent her career advocating for technology that enhances, rather than harms, society. We spoke to Kay to discuss the promise and...
The Tony Blair Institute (TBI) has released a report calling for the UK to lead in navigating the complex intersection of arts and AI. According to the report, titled ‘Rebooting Copyright: How the UK Can Be a Global Leader in the Arts and AI,’ the global race for cultural and technological leadership is still up for grabs, and the UK has a golden opportunity to take the lead. The report...
Research conducted by Vlerick Business School has discovered that in the area of AI financial planning, the technology consistently outperforms humans when allocating budgets with strategic guidelines in place. Businesses that use AI for budgeting processes experience substantial improvements in the accuracy and efficiency of budgeting plans compared to human decision-making. The study’s goal was...