AI in Action

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Barclays bets on AI to cut costs and boost returns

Barclays recorded a 12 % jump in annual profit for 2025, reporting £9.1 billion in earnings before tax, up from £8.1 billion a year earlier. The bank also raised its performance targets out through 2028, aiming for a return on tangible equity (RoTE) of more than 14 %, up from a previous goal of above […]

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How insurance leaders use agentic AI to cut operational costs

Agentic AI offers insurance leaders a path to scalable efficiency as the sector confronts a tough digital transformation. Insurers hold deep data reserves and employ a workforce skilled in analytic decision-making. Despite these advantages, the industry has largely failed to advance beyond pilot programmes. Research suggests only seven percent of insurers have scaled these initiatives

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Red Hat unifies AI and tactical edge deployment for UK MOD

The UK Ministry of Defence (MOD) has selected Red Hat to architect a unified AI and hybrid cloud backbone across its entire estate. Announced today, the agreement is designed to break down data silos and accelerate the deployment of AI models from the data centre to the tactical edge. For CIOs, it’s part of a

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Agentic AI in healthcare: How Life Sciences marketing could achieve US$450bn in value by 2028

Agentic AI in healthcare is graduating from answering prompts to autonomously executing complex marketing tasks—and life sciences companies are betting their commercial strategies on it. According to a recent report cited by Capgemini Invent, AI agents could generate up to US$450 billion in economic value through revenue uplift and cost savings globally by 2028, with 69% of

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Exclusive: Why are Chinese AI models dominating open-source as Western labs step back?

Because Western AI labs won’t—or can’t—anymore. As OpenAI, Anthropic, and Google face mounting pressure to restrict their most powerful models, Chinese developers have filled the open-source void with AI explicitly built for what operators need: powerful models that run on commodity hardware. A new security study reveals just how thoroughly Chinese AI has captured this space. Research published by SentinelOne

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Intuit, Uber, and State Farm trial AI agents inside enterprise workflows

The way large companies use artificial intelligence is changing. For years, AI in business meant experimenting with tools that could answer questions or help with small tasks. Now, some big enterprises are moving beyond tools and into AI agents that can actually do work across systems and workflows, not just answer prompts. This week, OpenAI

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AI Expo 2026 Day 2: Moving experimental pilots to AI production

The second day of the co-located AI & Big Data Expo and Digital Transformation Week in London showed a market in a clear transition. Early excitement over generative models is fading. Enterprise leaders now face the friction of fitting these tools into current stacks. Day two sessions focused less on large language models and more

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OpenAI’s enterprise push: The hidden story behind AI’s sales arms race

As OpenAI races toward its ambitious US$100 billion revenue target by 2027, the ChatGPT maker is reportedly building an army of AI consultants to bridge the gap between cutting-edge technology and enterprise boardrooms—a move that signals a fundamental shift in how AI companies are approaching the notoriously difficult challenge of enterprise adoption. According to industry

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FedEx tests how far AI can go in tracking and returns management

FedEx is using AI to change how package tracking and returns work for large enterprise shippers. For companies moving high volumes of goods, tracking no longer ends when a package leaves the warehouse. Customers expect real-time updates, flexible delivery options, and returns that do not turn into support tickets or delays. That pressure is pushing

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Klarna backs Google UCP to power AI agent payments

Klarna aims to address the lack of interoperability between conversational AI agents and backend payment systems by backing Google’s Universal Commerce Protocol (UCP), an open standard designed to unify how AI agents discover products and execute transactions. The partnership, which also sees Klarna supporting Google’s Agent Payments Protocol (AP2), places the Swedish fintech firm among

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