Releases & Updates

FCA to launch Digital Sandbox to help boost business innovation

Effective from the 1st August, businesses will be able to use the Financial Conduct Authority (FCA)'s Digital Sandbox to test new digital solutions

Financial Services

Generative AI

Musk and Zuckerberg upscale AI efforts

The ongoing battle between Elon Musk and Mark Zuckerberg has gone beyond social media and the Octagon, and into the surging AI space

AI & Machine Learning

China advances its regulation of AI development

Governmental developments in Beijing are looking towards tightening AI regulation of tech vendors operating across China

Data Protection & Privacy

Class action lawsuit filed against OpenAI over “stolen private information”

OpenAI, developer of ChatGPT, has been hit with a class action lawsuit alleging misappropriation of personal data scraped from the web

AI & Machine Learning

Google Cloud enters anti-money laundering space with AI product

The newly launched AML AI solution from Google Cloud aims to help global financial institutions more effectively detect money laundering

AI & Machine Learning

Google UK chief shares approval of AI regulation approach

As Government urges ministers to boost use of AI, Google UK managing director Debbie Weinstein has referred to the country's approach to regulation as 'best in class'

AI & Machine Learning

£54m in UK government funding announced for AI research

UK Technology Secretary Chloe Smith announced government investment totalling £54m towards building secure and trustworthy AI, at London Tech Week

Cybersecurity

Ransom demanded of BA, BBC and Boots by Cl0p cybercrime group

Following a “hack and leak” operation undertaken by the Russian cybercrime group Cl0p, a ransom with a one-week deadline has been issued on the Dark Web

AI & Machine Learning

£54m in UK government funding announced for AI research

UK Technology Secretary Chloe Smith announced government investment totalling £54m towards building secure and trustworthy AI, at London Tech Week

Cybersecurity

Ransom demanded of BA, BBC and Boots by Cl0p cybercrime group

Following a “hack and leak” operation undertaken by the Russian cybercrime group Cl0p, a ransom with a one-week deadline has been issued on the Dark Web

Releases & Updates

UK can increase tech GDP by £50bn a year with Government support

A business group addressed a shortage in skills and investment in a sector that contributes £150bn a year to the UK economy

Cybersecurity

BA, BBC and Boots hit by zero-day vulnerability attack

A zero-day vulnerability in the MOVEit file transfer software was infiltrated, affecting the supply chains of BA, BBC and Boots, with the ransomware group Clop taking responsibility

Development & Programming

AI means that ‘everyone is a programmer now’ says Nvidia CEO

Unveiling a new generative AI platform for tech companies, Nvidia CEO Jensen Huang has hailed a new era of computing that improves access to coding capabilities

Generative AI