Barclays stops direct funding for oil, gas projects
Barclays has declared an end to its direct financing for new oil and gas ventures, in addition to…
NatWest reports profit of £6.2bn
NatWest Group has announced its most substantial annual profit since the eve of the financial crisis in 2007,…
HSBC sees steep rise in pre-tax profits
HSBC, the largest bank in Europe, has reported a significant increase in its pre-tax profits, which surged by…
Google launches Gemini AI chatbot
Google has introduced Gemini, its new AI chatbot, effectively replacing the briefly operational Bard service. Launched in December,…
AI risks worsening inequality, says IMF
The International Monetary Fund (IMF) has released an analysis suggesting that while AI has the potential to significantly…
AI set to increase cyber threat to UK, says NCSC
The UK’s National Cyber Security Centre (NCSC) has issued a report highlighting the potential for AI to significantly…
Data issues holding back financial services AI growth
EXL’s research indicates that approximately 89% of UK banking and insurance companies have integrated AI solutions in the…
OpenAI and Common Sense in safe AI partnership
OpenAI has teamed up with the nonprofit organization Common Sense Media to promote the use of AI in…
£100 funding for UK AI sector
The UK government has unveiled a significant funding initiative exceeding £100 million to foster a flexible approach to…
UK beating out US in AI hiring
A recent study has shown that the AI job market in the UK has seen a quicker expansion…