Tag: United Kingdom

  • What an American artificial intelligence initiative really needs

    Rudina Seseri At a high level, the American AI Initiative seems to be headed in the right direction. We absolutely need a holistic approach that considers all the various areas that are critical to building innovative AI solutions. This seems to be an underlying concept of the Initiative, as the executive order places priority on […]

  • Alibabas Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M

    Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirst in a deal that sources tell us is valued at around $700 million. (That price would also line up with multiple reports from December claiming the two were in […]

  • Is Europe closing in on an antitrust fix for surveillance technologists?

    The German Federal Cartel Office’s decision to order Facebook to change how it processes users’ personal data this week is a sign the antitrust tide could at last be turning against platform power. One European Commission source we spoke to, who was commenting in a personal capacity, described it as “clearly pioneering” and “a big deal”, […]

  • Ford is shutting down its Chariot shuttle service

    Ford is shutting down Chariot, the shuttle startup that it purchased just two years ago that was supposed to be a part of the automaker’s fresh effort to move beyond the traditional business of buying and selling cars. Chariot will end service on commuter routes in the U.K. on January 25, according to a company […]

  • Lightfoot gets $4M to nudge more drivers to go smooth with a Fitbit for cars

    U.K. car tech startup Lightfoot, which sells a telematics system that gives real-time feedback to drivers combined with a rewards platform to further incentivize good driving, has picked up £3.2 million (~$4M) from London-based early-stage venture fund BGF. Former Dyson CEO Martin McCourt also contributed to the investment, and will join Lightfoot’s board as a non-executive […]

  • Quantum computing, not AI, will define our future

    William ("Whurley") Hurley IBM researcher Jerry Chow in the quantum computing lab at IBM’s T.J. Watson Research Center. Humanizing Quantum Computing These are just the beginnings of the strange world of quantum mechanics. Personally, I’m enthralled by quantum computing. It fascinates me on many levels, from its technical arcana to its potential applications that could […]