European Wealth Managers Fight Back Against AI Disruption Fears
St James's Place, Schroders, and Lombard Odier defend their business models as US fintech AI tax tool sends wealth management shares tumbling.
AI News — Page 95
The latest AI developments shaping UK business and technology
Police AI Chief Admits Crime-Fighting Tech Will Have Bias
National AI lead Alex Murray acknowledges bias in policing AI tools including facial recognition, as £115m national centre aims to minimise risks.
21 Police Forces Still Using AI Copilot Despite Hallucination Scandal
Sky News reveals most English police forces continue using Microsoft Copilot after West Midlands Police blocked the tool over fabricated evidence in an Israeli football fan ban.
UK Police Forces Turn to Palantir AI to Crack Complex Investigations
Bedfordshire police used AI tools to translate 100,000 messages and analyse 1.4TB of evidence in a major fraud case, as government pledges £115m for police AI rollout.
Google Gemini Users Report Chat Histories Quietly Vanishing
Complaints pile up from Gemini users after months of conversation history disappears, with Google blaming a temporary bug and promising restoration.
AI memory chip famine pushes up smartphone and PC prices
The race to build AI data centres has created an acute shortage of DRAM and NAND memory chips, driving up costs for phones, PCs and consoles — with no relief expected before 2027.
61 data protection authorities issue joint warning on AI-generated imagery
International regulators unite to address privacy risks from AI systems creating realistic images and videos of people without consent, with particular focus on child safety.
AI Data Centres Could Use More Power Than Rest of UK Combined
Ofgem reveals over 140 data centre projects seek grid connections totalling 50GW — exceeding Britain's peak daily energy demand of 45GW this month.
Coca-Cola Shifts to AI-Driven Marketing as Price Growth Stalls
Coca-Cola is embedding AI into its marketing pipeline, moving from price-led growth to AI-powered persuasion as inflation pressures ease across consumer markets.
Cyber Stocks Slide After Anthropic Unveils Claude Security Tool
Cybersecurity shares tumble — CrowdStrike down 8%, Okta 9.2% — after Anthropic launches a Claude-based vulnerability scanner, deepening AI disruption fears.
Deutsche Bank's Own AI Predicts It Will Disrupt Finance Jobs
Deutsche Bank's proprietary AI tool dbLumina forecasts major disruption to wealth management, trading and financial services roles over the coming decade.
Met Police Using Palantir AI to Monitor Officer Misconduct
Scotland Yard confirms it is using Palantir's AI to analyse sickness, absence and overtime patterns to identify potential misconduct among its 46,000 staff.
Welsh Startup Pontiro Raises £350K for Safer AI Use in NHS
Newport-based Pontiro secures seed investment to scale its medical image anonymisation platform, which has cut NHS data processing times by up to 98%.
Three Welsh Councils Cut Social Care Admin by 75% with AI
Swansea, Carmarthenshire and Rhondda Cynon Taf councils deploy Microsoft 365 Copilot across 3,500 staff, saving thousands of hours and boosting care quality.
India's Amul launches AI platform serving 3.6 million dairy farmers
The world's largest dairy cooperative deploys an AI assistant built on 50 years of cooperative data to provide personalised guidance to farmers in their own language.