This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Dr Jean Innes, CEO of the Alan Turing Institute , said: This plan offers an exciting route map, and we welcome its focus on adoption of safe and responsibleAI, AI skills, and an ambition to sustain the UKs global leadership, putting AI to work driving growth, and delivering benefits for society.
The EU AI Act is set to fully take effect in August 2026, but some provisions are coming into force even earlier. See also: AI governance gap: 95% of firms haven’t implemented frameworks Want to learn more about AI and big data from industry leaders?
billion investment in AI skills, security, and data centre infrastructure, aiming to procure more than 20,000 of the most advanced GPUs by 2026. This support aims to enhance the UK’s infrastructure to stay competitive in the AI market. “The Government support: The government has invested £1.5
According to industry projections, the artificial intelligence (AI) market share in the banking, financial services, and insurance (BFSI) sector is expected to increase by USD 32.97 billion from 2021 to 2026, reflecting the rapid growth and adoption of AI technologies in this domain.
The SEPA payment will be in your account within 10 seconds, which enforces automation and performance. December 2026: Banks of EU non-Eurozone countries are required to support receiving SEPA instant payments. Easily automate payments and manage cash across the SEPA zone by using your existing banks.
According to a McKinsey study , across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits. As maintained by Gartner , more than 80% of enterprises will have AI deployed by 2026.
Currently, these trends are shaped by the pursuit of possible innovation that can result in new market capture in machine learning, automation, and data analytics. Factors influencing VC decisions include the startup’s technological edge, market size, team expertise, scalability, and responsibleAI practices.
They are followed by marketing and sales (42%), and customer service (40%); 64% expect it to confer a competitive advantage; By 2026, companies focusing on responsibleAI could enhance business goal achievement and user acceptance by 50% ; Artificial intelligence disruption may increase global labor productivity by 1.5%-3.0%
ML models help predict outcomes, automate tasks, and improve decision-making by identifying patterns in large datasets. AI aims to simulate human cognitive functions and improve efficiency and accuracy in various tasks. Types of AIAI is categorised into different types based on their capabilities and functions.
We organize all of the trending information in your field so you don't have to. Join 15,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content