AI News — Page 96
The latest AI developments shaping UK business and technology
Standard Chartered Legal Head Flags Urgent Push for AI Stress Testing
Standard Chartered's head of legal for financial markets warns UK regulators and banks must treat AI stress testing as an urgent priority after MPs found the sector unprepared for an AI-driven market shock.
AI Chatbots Too Chatty on Government Queries, ODI Study Finds
Testing 11 large language models on 22,000 government service questions, the Open Data Institute found AI chatbots bury facts in waffle and make errors when told to be concise.
Australian AI Fintech Lorikeet Opens London Office for EMEA Expansion
Lorikeet, founded by former Stripe and Google Brain leaders, has opened a London office to bring its AI concierge services for financial firms to the EMEA market.
UK Startups Are Choosing AI Over New Hires as Employment Costs Rise
New UK businesses generated an average of 2.7 jobs each last year — one fewer than when records began — as founders turn to AI and freelancers.
UK Commits Record £1.6 Billion to AI Research and Innovation Strategy
UKRI launches its first AI strategy backed by record funding, targeting breakthroughs in healthcare, clean energy and public services.
Microsoft Confirms Copilot Bug Exposed Confidential Emails for Weeks
A bug in Microsoft 365 Copilot allowed the AI to summarise emails marked as confidential, bypassing data loss prevention policies.
