The UK has signed the world’s first international treaty on artificial intelligence — alongside the European Union, the United States, and seven other countries. The agreement commits signatories to adopting or maintaining measures that ensure the use of AI is consistent with human rights, democracy, and the law. These measures should protect the public against...
Tag: artificial intelligence
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Amazon launches AI shopping assistant Rufus in the UK
The solution is set to provide customers with more relevant searches. Credit: Amazon UK. Amazon has announced the UK launch of Rufus, a generative AI-powered conversational shopping assistant designed to revolutionise the online shopping experience. Rufus is now available in beta to a select group of UK customers on the Amazon mobile app, with plans...
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Unions to UK Banks: Get Ready to Retrain AI-Displaced Workers
Unions in the United Kingdom want the country’s banks to be ready to retain workers displaced by artificial intelligence. At the U.K.’s Trades Union Congress next month, labor organizations will call on lenders, insurance and accounting firms to be prepared to assist millions of workers whose jobs could be impacted by AI, the Financial Times...
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AI Statistics 2024: $25m+ Investment Surge in U.S. and UK Businesses
A new report has found that 8% of U.K. and and 7% of U.S. decision-makers plan to spend over $25 million (£19.5 million) on AI initiatives this year. This comes after many investors voiced their concerns about the technology’s capabilities and their potential return on investment. According to the 2024 State of AI report from...
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UK Government Announces £32m of AI Projects
The U.K. government has announced a £32 million investment into 98 AI projects that promise to cut train delays, speed up prescription delivery, and reduce supply chain emissions. This comes days after it was revealed that the £1.3 billion earmarked for AI supercomputers had been scrapped. The companies receiving financial backing include V-Lab, which is...
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UK Government Scraps £1.3bn Earmarked for AI and Tech Innovation
The U.K. government has shelved £1.3 billion worth of funding that had been earmarked for AI and tech innovation. This includes £800 million for the creation of the exascale supercomputer at the University of Edinburgh and £500 million for the AI Research Resource — another supercomputer facility comprising Isambard at the University of Bristol and...
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UK cancels two computing infrastructure projects for AI support worth $1.3 billion, to prioritise other fiscal plans | Today News
The United Kingdom has dropped two taxpayer funded $1.7 billion (£1.3 billion) worth of computing infrastructure projects (£500 million and £800 million, respectively), to prioritise other fiscal plans, CNBC reported, citing a government spokesperson. The first project worth £500 million was promised to the AI Research Resource by former Prime Minister Rishi Sunak’s government in...
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Intuit to close Edmonton office as global tech firm cuts 1,800 jobs across operations | CBC News
TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce, as it looks to focus on its artificial intelligence-powered tax preparation software and other financial products. The company, which has invested heavily in providing generative AI powered accounting and tax preparation tools for small and...
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Fiverr Report: 83% of U.K. Businesses Increasing Wages for AI Skills
The majority of U.K. businesses are willing to offer higher wages to candidates with skills in AI, a new report has found. Hiring managers will pay 45% more on average for those with demonstrable expertise in areas like natural language processing, AI content creation and chatbot development. However, the necessary AI skills are hard to...
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Make tech creative, not destructive: PM Modi at G7 Summit
The global community must ensure the benefits of technology reach all sections of society in order to eliminate inequalities and lay the foundation of an inclusive society, Prime Minister Narendra Modi said on Friday as he met a galaxy of world leaders on the sidelines of the G7 summit in Italy. Prime Minister Narendra Modi...
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Meet AI Steve, the avatar standing as a candidate in the UK election
AI Steve says only policies with more than 50 per cent support will be adopted into his platform for the UK General Election. ADVERTISEMENT There’s a new, artificial face in the UK’s general election: AI Steve. Steve Endacott, the man behind the artificial intelligence (AI), is an entrepreneur from the south of England who wants...
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Top Tech News: ChatGPT Training with Major Publications
ChatGPT, the popular chatbot, will soon be able to read articles from The Wall Street Journal and The London Times, according to OpenAI, the ChatGPT developer. OpenAI has signed a multi-year deal with News Corp, owned by media mogul Rupert Murdoch, to allow ChatGPT to show users information and use the content as training material...
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