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Artificial Intelligence (AI) systems are becoming smarter every day, beating world champions in games like Go, identifying tumours in medical scans better than human radiologists, and increasing the efficiency of electricity-hungry data centres. Some economists are comparing the transformative potential of AI with other “general purpose technologies” such as the steam engine, electricity or the…
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The U.K. Advertising Standards Authority (ASA) has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX (HDR Global Trading).UK Advertising Watchdog Upholds Complaints. The advertising regulator published its decision on Wednesday, saying that it supported the four complaints against the ad that had claimed it “failed to illustrate the risk of the…
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UK FinTech Investment Flying High in 2019. That is according analysis by consultancy firm Accenture, which found that the UK attracted $2.6bn (£2.2bn) in the first half of this year, with the number of deals jumping 25% to 263. However, total global investment fell 29% from $31.2bn to $22bn, largely because there were no giant…