AI21 Labs raises $64M to help it compete against OpenAI

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28.07.2025

AI21 Labs has raised $64 million in a funding round to help it compete against OpenAI and other NLP leaders. Competition in NLP (Natural Language Processing) is heating up. OpenAI is currently seen as the industry leader with its GPT-3 model but rivals are gaining traction. Investors see AI21 Labs...

Apple’s EU AI delay: Innovation vs regulation

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27.07.2025

Apple announced on Friday that it would block its highly anticipated Apple Intelligence AI features, iPhone Mirroring, and SharePlay Screen Sharing for EU users. While not entirely unexpected, this decision underscores the growing tension between rapid technological...

Large language models could ‘revolutionise the finance sector within two years’

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21.07.2025

Large Language Models (LLMs) have the potential to improve efficiency and safety in the finance sector by detecting fraud, generating financial insights and automating customer service, according to research by The Alan Turing Institute. Because...

Algorithmia’s latest tools aim to solve ML governance challenges

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20.07.2025

Algorithmia is today debuting new reporting tools which aim to solve machine learning (ML) governance challenges. Research conducted by the company found that the number one challenge organisations are facing with their deployments is governance....

ServiceNow deploys AI agents to boost enterprise workflows

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15.07.2025

ServiceNow has launched its Yokohama platform which introduces AI agents across various sectors to boost workflows and maximise end-to-end business impact. The Yokohama platform release features teams of preconfigured AI agents designed to deliver immediate...

AI sector study: Record growth masks serious challenges

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13.07.2025

A comprehensive AI sector study – conducted by the Department for Science, Innovation and Technology (DSIT) in collaboration with Perspective Economics, Ipsos, and glass.ai – provides a detailed overview of the industry’s current state and...

Tencent improves testing creative AI models with new benchmark

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12.07.2025

Tencent has introduced a new benchmark, ArtifactsBench, that aims to fix current problems with testing creative AI models. Ever asked an AI to build something like a simple webpage or a chart and received something...

Unlock the other 99% of your data – now ready for AI

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10.07.2025

For decades, companies of all sizes have recognized that the data available to them holds significant value, for improving user and customer experiences and for developing strategic plans based on empirical evidence. As AI becomes...

Telefónica’s Wayra backs AI answer engine Perplexity

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25.06.2025

Telefónica’s corporate venture capital arm, Wayra, has announced its investment in AI answer engine Perplexity. Perplexity’s AI-driven platform aims to revolutionise internet information searches by providing real-time, accurate, and contextual answers to queries using natural...

Industry experts call for tailored AI rules in post-election UK

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19.06.2025

As the UK gears up for its general election, industry leaders are weighing in on the potential impact on technology and AI regulation. With economic challenges at the forefront of political debates, experts argue that...