AI News — Page 2
The latest AI developments shaping UK business and technology
Soaring AI bills push businesses towards cheaper models
Unpredictable usage-based pricing is making companies rethink heavy AI consumption, with cheaper and open-source models winning a growing share of enterprise work.
Lancashire council says AI is giving social workers time back
Lancashire County Council says using Microsoft Copilot to draft case notes could save 225,000 hours a year, freeing social workers for face-to-face care — a vendor-published account.
UK workplace AI use doubles, but the gains cluster at the top
Google-backed research says UK workplace AI adoption has reached 73%, yet the career rewards concentrate among a 15% 'trailblazer' minority, exposing a widening skills gap.
British American Tobacco to cut 5,500 jobs in AI overhaul
FTSE-100 group British American Tobacco is cutting 5,500 jobs and moving a further 3,500 roles to partners as its AI-focused Fit2Win programme accelerates.
Central bankers warn AI boom risks a financial crash
The Bank for International Settlements has warned that debt-fuelled spending on AI data centres and opaque financing could trigger a financial meltdown.
Morrisons credits AI and data push for £940m in savings
Morrisons boss Rami Baitiéh says the supermarket's expanded use of data and AI has delivered £940m in savings over three years without hurting customer experience.
Six in ten UK shoppers would ditch AI agent after one slip
An ACI Worldwide survey finds 60% of UK consumers would abandon an AI shopping agent after a single mistake, with trust and accountability the key barriers.
Financial regulators race to build their own AI tools
Watchdogs must adopt AI quickly to keep pace with the firms they oversee, a top Swiss regulator says, as supervisors jointly build tools for market oversight.