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UK and Singapore Collaborate on AI in Finance Initiative

Saturday, Jul 5, 2025

UK and Singapore Collaborate on AI in Finance Initiative

The UK and Singapore are preparing what could become a model for global collaboration on AI in the finance industry.

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CyXcel Study Reveals One-Third of UK Businesses Face AI-Related Risks

Friday, Jul 4, 2025

CyXcel Study Reveals One-Third of UK Businesses Face AI-Related Risks

A study conducted by cybersecurity experts at CyXcel shows that 29% of UK companies have only just introduced their first strategy to manage AI risks, and a further 31% have not established any AI governance policies. This situation persists even though a third of businesses have identified AI as a potential cybersecurity threat. CyXcel warns that lacking AI risk preparedness exposes companies to data leaks, breaches, operational interruptions, and potential regulatory penalties.

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OpenAI Denies Robinhood's Unauthorized Tokenized Share Offerings

Friday, Jul 4, 2025

OpenAI Denies Robinhood's Unauthorized Tokenized Share Offerings

Robinhood has started offering tokenized shares in private companies, provoking criticism from OpenAI, which is among the companies targeted.

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Leveraging Local AI Models to Enhance Data Privacy in Businesses

Thursday, Jul 3, 2025

Leveraging Local AI Models to Enhance Data Privacy in Businesses

Instead of depending on cloud-based applications such as Chat-GPT, which often necessitate the sharing of sensitive data, businesses now have the option to install and operate AI models locally. This ensures data remains confidential and secure.

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Research Reveals AI's Potential to Significantly Reduce Worldwide Carbon Emissions

Thursday, Jul 3, 2025

Research Reveals AI's Potential to Significantly Reduce Worldwide Carbon Emissions

A report by the London School of Economics and Systemiq reveals that it's feasible to reduce global carbon emissions without sacrificing modern conveniences, with AI playing a significant role in combating climate change.

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Surge of Enthusiasm for Europe's Ambitious AI Gigafactories Initiative

Wednesday, Jul 2, 2025

Surge of Enthusiasm for Europe's Ambitious AI Gigafactories Initiative

The European Commission is experiencing a surge of interest from various companies eager to establish AI Gigafactories throughout Europe.

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