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The former PM’s essay rightly calls for a coherent economic plan, but then sets too much store by AI – and a worldview stuck in the pastTony Blair is right. Labour has made some big and avoidable mistakes since it came to power nearly two years ago. Keir Starmer had a strategy for winning the […]
The AI and Big Data programme on day two of TechEx North America referred at least once to the “AI graveyard,” meaning the large number of pilots that never become durable systems. That phrase set the tone. The question was proof. The Enterprise AI Implementation, ROI and Adoption track dealt with the hard middle of
Proving the case on day two at TechEx North America Read More »
Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AIThe chief executive of Standard Chartered has apologised for referring to some of the almost 8,000 staff that are set to lose their jobs to artificial intelligence as “lower-value human capital”.Bill Winters offered the apology after a backlash
London-headquartered bank will reduce back-office jobs and aims to move some workers to new rolesBusiness live – latest updatesStandard Chartered plans to cut more than 7,000 jobs over the next four years as it increasingly uses artificial intelligence.The London-headquartered lender is one of the first major global banks to lay out plans to cut thousands
Standard Chartered to cut more than 7,000 jobs as it steps up AI use Read More »
Creator card is designed for people making money through TikTok Live, some of whom complain of payment delaysTikTok and Visa have launched a debit card for content creators in the UK which they say will allow people to quickly access their earnings from the platform.The creator card is designed for the growing numbers of people
TikTok and Visa launch debit card to speed payouts to UK creators Read More »
Tech can scale cyber-attacks and defences alike, raising questions about private power, public risk and the future of a shared internetAnthropic announced its latest AI model, Claude Mythos, this month but said it would not be released publicly, because it turns computers into crime scenes. The company claimed that it could find previously unknown “zero-day”
Release of new Claude model, so far been limited to US firms, will expand to British institutions in coming daysBritish banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its
Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool Read More »
US bank has the Claude model and is working closely with the tech firm to improve cyber protectionGoldman Sachs’s chief executive, David Solomon, has said he is “hyper-aware” of the capabilities of Anthropic’s Mythos AI model and is working “closely” with the tech firm after it issued warnings about the cybersecurity risk it poses.The US
Goldman Sachs chief ‘hyper-aware’ of risks from Anthropic’s Mythos AI Read More »
Reports say Fed chair Jerome Powell among attenders at meeting in Washington The US Treasury secretary, Scott Bessent, summoned major American bank chiefs to a meeting in Washington this week amid concerns over the cyber risks posed by Anthropic’s latest AI model, according to reports.Bosses including the Federal Reserve chair, Jerome Powell, were said to
US summoned bank bosses to discuss cyber risks posed by Anthropic’s latest AI model Read More »
Glia, a customer service platform providing AI-powered interactions for the banking sector, has been named a winner in the Banking and Financial Services Category at the 2026 Artificial Intelligence Excellence Awards. The awards recognises achievements in a range of industries and use cases, spotlighting “companies and leaders moving AI beyond experimentation and into practical, accountable
Glia wins Excellence Award for safer AI in banking Read More »
