Davies, the professional services and technology company, has named Paul O'Brien as its first Group Chief AI Officer, signalling a significant push into artificial intelligence, the company announced on Thursday. The newly created role is part of a series of investments by Davies to harness AI, including generative AI, across its operations. O'Brien will be tasked with … [Read more...] about Davies Appoints First Group Chief AI Officer
UK AI News
U.K. Unveils £4 Million AI Initiative to Boost Teacher Productivity
The U.K. government has announced a £4 million project aimed at enhancing artificial intelligence's ability to assist teachers with marking work and planning lessons. This initiative, revealed today, seeks to leverage AI technology to ease administrative burdens on educators and improve classroom efficiency. At the heart of the project is a new content store that will … [Read more...] about U.K. Unveils £4 Million AI Initiative to Boost Teacher Productivity
SODA V, AI-Driven Tool, aims to disrupt the auto market by cutting car development time and costs
In a move set to revolutionize the automotive industry, UK-based tech company SODA.Auto has unveiled SODA V, an AI-driven tool aimed at drastically reducing car development time and costs. The innovative platform, which took 18 months and $6 million to develop, is poised to disrupt traditional automotive engineering processes. SODA V is being touted as the world's first … [Read more...] about SODA V, AI-Driven Tool, aims to disrupt the auto market by cutting car development time and costs
VC firm redalpine plans London office as it closes largest fund to date
European venture capital firm redalpine has announced the closing of its largest fund to date, redalpine capital VII (RAC VII), at $200 million. The firm, founded in Zurich in 2006, has also revealed plans to open a new office in London, expanding its European presence. Despite a challenging fundraising environment, RAC VII closed oversubscribed, exceeding its initial target. … [Read more...] about VC firm redalpine plans London office as it closes largest fund to date
Thomson Reuters Acquires UK-based Safe Sign Technologies to Accelerate its AI Strategy
In a move to bolster its artificial intelligence capabilities, Thomson Reuters Corporation has acquired Safe Sign Technologies, a UK-based startup specializing in legal-specific large language models (LLMs). The acquisition, announced today, is expected to accelerate Thomson Reuters' AI strategy and enhance its offerings in the legal technology sector. Joel Hron, Chief … [Read more...] about Thomson Reuters Acquires UK-based Safe Sign Technologies to Accelerate its AI Strategy