Investment stories - Page 17

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

Retailers must tread cautiously with AI technology, where data quality and ethical use are critical for truly beneficial outcomes.

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

A CSA survey shows that 70% of firms have dedicated SaaS security teams despite economic challenges, and 39% increased their SaaS cybersecurity budgets.

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

Freelancer appoints Catcha Group CEO Patrick Grove as Non-Executive Director to its Board, aiming to leverage his tech sector expertise to drive growth.

A new report from the Council on Geostrategy criticises the UK's short-termism, hindering its science and tech ambitions, as a snap election looms.

Switch Datacenters launches AMS4, a 15-18 MW facility in Amsterdam, marking a significant boost to the city's digital infrastructure amid growing service demand.

Tanium appoints Workday CIO Rani Johnson and TPG's Tim Millikin to its board, aiming to leverage their expertise for accelerated growth and strategic innovation.

As World Environment Day nears, Australia's AU$399 million move to boost its Net Zero Economy Authority shines a spotlight on the UK's business struggle needing £ support.

Research finds enterprises struggle with unstructured data despite its vast potential. Lack of expertise and inadequate tools are key barriers.

Turn/River Capital invests in Paessler AG to fuel growth and global expansion of its IT and OT monitoring solutions, marking a significant milestone for the company.

Language AI leader DeepL lands $300M investment, boosting valuation to $2B. New funding aims to fuel product innovation and global expansion, says CEO.

A global survey reveals high trust in AI among executives, yet exposes a significant gap in confidence regarding effective AI strategy execution and data readiness.

AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.

In talks with CEO James Campbell, detrimental digital threats are tackled by cybersecurity firm, Cado Security, through innovative solutions and strategic growth.

The UK Government has unveiled plans to create an independent UK Semiconductor Institute, backed by a GBP £1 billion commitment, to drive innovation and global competitiveness in the semiconductor sector.

Cardiff Council has selected Telcom Group to deploy the next phase of its full fibre internet network, aiming for 100% coverage by 2025.

UK businesses are set to ramp up IT modernisation spending by nearly 30% in 2024, with a hefty focus placed on investing in artificial intelligence.

Cognizant's Bluebolt programme is reportedly reshaping tech investment, driving an estimated $150m in annualised client savings and fostering over 130,000 solutions within its first year.