ai

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 […]

What I’m Reading: AI for Businesses, Blockchain, Crypto Scammers

UK companies that adopt AI late or not at all could lose 20pc cash flow British companies that fail to invest in artificial intelligence soon are at risk of losing 20pc of their cash flow, McKinsey has warned. New figures claim that AI could boost the UK economy by 22pc in the next decade by making companies more productive, […]

What I’m Reading: AI for Manufacturers, Fintech Startups, Digital Economy

The power of combining AI and analytics for manufacturers Artificial Intelligence (AI) has become one of the hottest topics in manufacturing today. The range of business and operational applications that it can be put to is almost limitless. Yet, it’s fair to say that we’re still very early in the AI adoption curve. Success with […]

What I’m Reading: AI for Small Biz, Fintechs Unite

AI-Driven Business Advisor Attracts International Interest CEO and Founder of Runagood, Duncan Collins says the London based start-up firm has received enquiries from North America, Australia, Africa and the Middle East. “The business aims to use the funds to launch its innovative artificial intelligence-based technology and start marketing to Britain’s 5.5 million small businesses, including […]