Latest AI Press Releases

74% of UK employers have not implemented AI, security risks are greatest concern

Almost three-quarters of UK employers have yet to implement AI into the workplace. Despite well-publicised fears around ‘AI taking over’, just 1% of UK employers say that AI plays a large part in their business, and only 5% say it is regularly used. The survey of 79,000 businesses across five countries – Australia, Canada, Ireland,… Read More

Portkey.ai secures $3 million funding round to help build generative AI apps faster

Portkey.ai has announced a $3 million seed funding round, empowering engineering teams to build and launch generative AI apps faster. The funding round was led by Lightspeed, with participation from angel investors, including prominent figures from AWS, OpenAI, Cloudflare, Postman, and Asana. Portkey.ai has built tools that allow businesses to monitor their language model operations… Read More

Nelinor reveals world’s first energy storage battery powered by AI

Nelinor, a startup specialising in energy solutions, announced the world’s first energy storage battery powered by AI. This remarkable breakthrough not only revolutionises the power storage industry, but also reflects Nelinor’s commitment to promoting greener and more sustainable energy usage. Unleashing the future of energy The AI capabilities built into the system enable smart energy… Read More

Schneider Electric Wins ‘AI/ Machine Learning Innovation’ and ‘Edge Project of the Year’ at the 2019 SDC Awards

London, United Kingdom – December 12th, 2019  – Schneider Electric, the leader in digital transformation of energy management and automation, has today announced that it has won two categories at the 2019 SDC Awards for ‘AI/Machine Learning Innovation of the Year’ and ‘edge project of the year’. “I’m delighted to accept these prestigious awards on… Read More