AI News — Page 79
The latest AI developments shaping UK business and technology
Perplexity Drops Advertising Over Fears It Will Erode User Trust
AI search company Perplexity has abandoned advertising, warning that sponsored content could undermine user confidence in its answers.
Debenhams Pilots Agentic AI Shopping Inside the PayPal App
Debenhams Group becomes the first UK retailer to test agentic AI commerce through PayPal, letting shoppers find and buy products through natural language conversation without leaving the payment app.
How NatWest Is Deploying AI Across Customer Service, Wealth, and Engineering
A detailed look at NatWest's AI rollout across customer service, wealth management document processing, and software development, with agentic capabilities planned for 2026.
NatWest Invests £1.2bn in AI Transformation, Promises 2026 Breakthroughs
NatWest's CIO says 2026 will be the year AI becomes transformative for customers, after a £1.2bn investment delivered 70,000 hours in staff time savings and freed up £100m in investment capacity.
Pinewood Technologies Shares Plunge After AI Sell-Off Scuppers £575m Deal
UK software firm Pinewood Technologies lost a third of its share value after Apax Partners withdrew its £575m takeover offer, citing market volatility driven by fears that AI will make software businesses obsolete.
Priced-Out Britons Turn to AI Chatbots for Financial Advice
40% of Britons now use AI chatbots for financial guidance as human advisers increasingly reject clients with less than £50,000. Sky News tested ChatGPT, Copilot, and Gemini — and found significant gaps.
Tech Firms Conflate AI Types in Climate Claims, Report Finds
A new report accuses Google, Microsoft, and others of muddling traditional AI with energy-hungry generative AI when claiming the technology can help avert climate breakdown.
European Parliament Blocks AI Tools on Lawmakers' Devices
The European Parliament has disabled built-in AI features on official devices, citing cybersecurity and data privacy concerns over uploading confidential correspondence to US-hosted cloud services.