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Exclusive Preview: What to Expect at Big Data & AI World 2024

Ahead of Big Data & AI World on 22-23 May at Messe Frankfurt, Tech Show Frankfurt has released a preview of the event’s highlights. A total of 76% of consumers... Read More


American venture capital firm Accel raises £513m to fund European and Israeli start-ups

Well-known for its investments in firms like Dropbox, Spotify and Deliveroo, American venture capital firm, Accel, has created a £513 million ($650 million) investment fund focusing on artificial intelligence (AI)... Read More


OpenAI releases new AI model in race to the top

In the race to create the most advanced AI model, ChatGPT creator OpenAI recently announced the launch of its latest model called GPT-4o. This new model is able to engage... Read More


Microsoft working on new AI model to rival Google and OpenAI

A new large AI language model is being developed by Microsoft to compete with cutting-edge technology from OpenAI and Google. In a report published by The Information, a model informally... Read More


UK self-driving AI car start-up Wayve raises $1bn in new funding round

UK start-up, Wayve, has secured £841 million ($1.05 billion) in funding led by Japanese investment firm SoftBank, to advance artificial intelligence (AI) supported car development and production. Wayve is preparing... Read More


Cloud giants report sales boost amid AI interest rebound

Alphabet, Amazon, and Microsoft reported better than expected sales at their cloud computing units, as artificial intelligence (AI) interest pushes a rebound in corporate user spending. Reuters reported big cloud... Read More


Microsoft set to invest £1.4bn to improve cloud and AI in Indonesia

Microsoft has announced a four-year £1.4 billion ($1.7 billion) investment plan to enhance cloud and artificial intelligence (AI) infrastructure in Indonesia, the same day Microsoft CEO Satya Nadella met with... Read More


AI firm G42 partners with tech giant Qualcomm

UAE-based artificial intelligence (AI) firm, G42, has announced a collaboration with Qualcomm Technologies in a bid to enable more people to access high-performance, low-power cloud AI solutions. By utilising the... Read More


Coca-Cola signs £880M Microsoft deal for cloud and AI services

Microsoft has announced that Coca-Cola has signed a £880 million ($1.1 billion) five-year deal to use its cloud computing and artificial intelligence (AI) services. Microsoft and Coca-Cola have agreed to... Read More


Siemens opens AI research centre in Munich, Germany

German technology conglomerate, Siemens, has opened the first building complex of the Siemens Technology Center (STC) for industrial artificial intelligence (AI) research.  The STC is situated alongside the Technical University... Read More


AI has surpassed human performance on a number of benchmarks, finds Stanford report

The latest edition of the Stanford University AI Index Report found that not only have artificial intelligence (AI) models outperformed humans on several benchmarks, but low-skilled workers could see the... Read More


UK competition regulator concerned about AI foundation models

The UK’s Competition Markets Authority (CMA) has outlined growing concerns regarding artificial intelligence (AI) as it develops at a ‘whirlwind pace’. CEO at the CMA, Sarah Cardell, said foundation models... Read More


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