Browsing: artificial intelligence News
British boardrooms are focusing on immediate survival over long-term risks like climate change and AI.Economic volatility is seen as the greatest risk by 19% of board…
The latest developments in the Civil Justice Council’s 2023 costs review were discussed by Lord Justice Birss at a recent event.Costs budgeting-lite and the potential extension…
Work is in progress to reform costs budgeting and guideline hourly rates for barristers, aligning with the Civil Justice Council’s 2023 review.Lord Justice Birss, Deputy Head…
Amazon Web Services (AWS) has committed £8 billion to the UK, enhancing digital infrastructure.This investment supports over 14,000 jobs annually within the UK’s digital sector.AWS’s expansion…
Klarna, a dominant fintech entity, is realigning its workforce by cutting 1,000 jobs, driven primarily by advancements in artificial intelligence (AI).The shift signifies Klarna’s efforts to…
Robot tunnelling start-up HyperTunnel, chaired by former Network Rail chief, has entered administration.Despite efforts to secure funding, the company was unable to meet creditor deadlines, leading…
The innovative tunnelling company hyperTunnel has entered administration amid a financial crisis, with debts mounting significantly.On 23rd July, both hyperTunnel Limited and hyperTunnel Holdings Limited were…
Echo Chunk, the innovative startup, has recently secured $1.4 million in pre-seed funding to enhance chess experiences through AI.The company aims to expand the reach of…
In the rapidly evolving fashion industry, staying ahead of trends is crucial for success. Many brands are now turning to artificial intelligence for assistance.Boohoo is leading…
Shareholders of major US tech companies are ignoring pension savers’ concerns about AI risks.A survey revealed that 72% of pension savers believe shareholders should use their…
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