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Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month Business live – latest updatesThe UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in annual […]
Revolut warns it risks backlash over support for energy-intensive AI and crypto Read More »
Ukrainian-American billionaire who owned subscription service for adult content died of cancer, the company saysLeonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43, the company announced on Monday.“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” said
Leonid Radvinsky, owner of OnlyFans, dies aged 43 Read More »
Google, Amazon, Apple and Samsung control operating systems, allowing them to act as gatekeepers, letter claimsBusiness live – latest updatesThe world’s largest broadcasters have pushed for the EU to enforce its toughest regulations against virtual TVs and smart assistants built by Google, Amazon, Apple and Samsung.The call came in a letter from the Association of
World’s broadcasters urge EU to tighten rules for big tech in smart TV battle Read More »
Contract affords AI analytics firm access to trove of data on one of the most important financial centres in the worldPalantir extends reach into British state as it gets access to sensitive FCA dataPalantir’s latest UK contract takes the AI and data analytics company into the heart of one of Britain’s biggest industries: financial services,
FCA deal gives Palantir yet more access to inner workings of power in Britain Read More »
Exclusive: Allowing US tech firm to analyse intelligence in name of tackling fraud raises fresh concerns over privacyFCA deal gives Palantir yet more access to inner workings of power in BritainPalantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about
Palantir extends reach into British state as it gets access to sensitive FCA data Read More »
FoI request reveals no evidence of testing despite ministers hailing agreement as key to delivering AI-led public service reformWhen the UK government signed a memorandum of understanding with OpenAI, the tech firm behind ChatGPT, the partnership was hailed as one that could harness artificial intelligence to “address society’s greatest challenges”.But eight months on from the
UK government yet to trial OpenAI tech months after signing partnership Read More »
Fire service warns ubiquity of batteries in everyday products is outpacing public understanding and safety regulationsLithium-ion batteries represent a new technological hazard that one fire science expert has said keeps him awake at night, as fire service chiefs warn the ubiquity of the batteries in everyday products is outpacing public understanding and safety regulations.The blaze
Fire experts ‘losing sleep’ over growing hazard of lithium-ion batteries Read More »
Dr Simon Williams says the UK is trying to build a quantum ecosystem while hollowing out the academic pipeline that produces the talentLiz Kendall is right to warn that the UK must not let quantum computing talent slip through its fingers (UK must learn lessons from AI race and retain its quantum computing talent, says
Lack of funding is stifling scientific research | Letter Read More »
Academics discover black people ‘significantly more likely’ to be identified when compared with other ethnic groupsEssex police has paused its use of live facial recognition (LFR) technology after a study found cameras were significantly more likely to target black people than people of other ethnicities.The move to suspend use of the AI-enabled systems was revealed
Essex police pause facial recognition camera use after study finds racial bias Read More »
Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report saysBusiness live – latest updatesAn extended period of high oil prices as a result of war in the Middle East could “crimp” the AI boom, the World Trade Organization’s chief economist has warned.The war and its
Prolonged high oil prices could ‘crimp’ AI boom, WTO warns Read More »
