ai

Growing UK’s AI Industry

This demonstrates a steady increase in the number of enrolments, at Masters and Doctorate level at least, however, estimates both of potential and predicted growth in the use of AI in the UK would require significant increases in numbers at both levels to be realised in practice. Applying forecast worldwide percentage growth rates in AI […]

Can we trust AI in UK Government?

Civica recently sat down with central government leaders to discuss whether the public sector is prepared for the artificial intelligence revolution and the ethics behind the technology. Steve Thorn, Executive Director, Civica shares his views from the event By 2035, AI is estimated to add £630 billion to the UK economy. In many ways, AI is already a […]

Artificial Intelligence for Energy Efficiency

As energy systems worldwide continue to decarbonise and decentralise, there is an increasing need to manage and predict the distributed constituents of the system, such as renewables, EVs and battery storage, the letter says. AI will be “essential” to managing this system and the data that comes with it, the letter continues, adding that London […]

How Artificial Intelligence Can Help Protect Children?

How Artificial Intelligence Can Help Protect Children? London start-up developing child safety technology that can stop children sending dangerous messages even before they finish typing has raised millions from investors and sealed a deal with the German government to get its app onto the phones of thousands of children. SafeToNet, which develops software that can limit […]

Existential risk from artificial general intelligence

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 […]

The Financial Sector Must Embrace Transparency in Artificial Intelligence to Ensure Fairness

The recent news that the FCA is partnering with the Alan Turing Institute to explore the explainability of AI in financial services is a welcome development. While financial institutions are increasingly using AI to improve efficiency and productivity, there is little transparency in how so-called neural networks make decisions, putting organisations at risk of inaccurate […]

Google-backed AI-focused proptech startup secures £1.5m seed funding

A London-based property management software startup which has previously received investment from Google has secured £1.5m in seed funding. AI-focused proptech askporter has closed the round which saw participation from strategic investors and Silicon Valley VCs including Plug and Play, Venture University, Pi Labs, WISAG FM and Henley Investments. Google-backed AI-focused proptech startup secures £1.5m […]