AI News — Page 61
The latest AI developments shaping UK business and technology
UK universities find AI is not yet turbo-charging cybercriminals
A study by Edinburgh, Strathclyde and Cambridge analysing 100 million dark-web posts finds most cybercriminals lack the skills to extract real value from AI tools.
Atlassian AI chief: firms still aren't translating AI to organisation-wide gains
Atlassian's Chief AI Officer says individual productivity from AI is rising but organisational productivity is not, exposing a structural integration gap for UK enterprises.
BaFin launches 'IT spotlight' AI cyber inspections of German financial firms
Germany's BaFin warns AI cyber risks are 'substantial' and announces targeted 'IT spotlight' inspections of financial firms — a likely template for the FCA and PRA.
UK leads developed-world AI job losses at 6% net cut, Morgan Stanley says
Morgan Stanley's AlphaWise survey puts UK at 6% net job loss over 12 months — above the 5% all-country average — while productivity gains lead at 10.3%.
HMRC scales Microsoft Copilot to 28,000 staff with 50,000 target
HMRC's first Chief AI Officer outlines a rollout of Microsoft 365 Copilot to 28,000 staff with plans to extend to 50,000, alongside agentic complaint-handling pilots.
Sovereign AI Fund backs Isomorphic Labs in $2.1bn round, third equity deal
UK government's Sovereign AI Fund has invested in Isomorphic Labs as part of a $2.1bn (£1.6bn) round led by Thrive Capital, bringing the fund's equity tally to three start-ups.
Law Society pushes for clear AI rules after false-citation court cases
The Law Society of England and Wales calls on regulators and government for explicit rules on AI use in court documents, after cases featuring AI-generated false citations.