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Research Highlights Impact of Automation on Business Revenues Recent research from the Centre for Economics and Business Research (CEBR), in collaboration with SnapLogic, reveals that automation significantly affects monthly revenues in UK businesses. Within just three months of investing in automation technologies, businesses in the UK experienced an average revenue boost of five percent, translating…
OpenAI Removes GPT-3 API Waitlist for Developers OpenAI has lifted the waitlist for its GPT-3 API, enabling developers to apply for access without restrictions. Launched in May last year, GPT-3 garnered a mixed response, with many acknowledging its remarkable ability to create human-like text but also raising concerns about potential societal impacts. The threat of…
Insights on Data Lakes for Machine Learning Data lakes provide significant advantages for machine learning when leveraged effectively. According to Brian Flüg, a Solutions Architect at Qubole, these benefits are optimized through partnerships that bring experienced guidance. Advantages of Using Data Lakes A secure and open data lake simplifies deployment processes and helps companies to…
FlowForma: Transforming Business Processes with Automation FlowForma stands at the forefront of offering enterprise-grade, no-code business process management and automation tools. The company is committed to providing intuitive and cost-effective solutions that empower business professionals to operate more efficiently. As experts in business process management, automation, workflow, and digital transformation, FlowForma enables users across various…
Clearview AI Faces Potential £17M Fine from UK Privacy Watchdog Clearview AI is once again under scrutiny, this time from the UK’s Information Commissioner’s Office (ICO). The controversial facial recognition company has drawn the attention of privacy regulators and advocates due to its practice of collecting personal images from the internet without explicit consent. Reportedly,…
FTC Moves to Block Nvidia’s $40B Acquisition of Arm The Federal Trade Commission (FTC) has taken the groundbreaking step of suing to block Nvidia’s proposed $40 billion acquisition of the British chip designer Arm. This move marks a significant regulatory action against what could become the largest semiconductor chip merger in history. Arm’s designs are…
Enterprise, Interviews Rob Mellor, WhereScape: On Data Warehouse Automation Leading analysts and organizations are increasingly acknowledging that data warehouse automation is essential for establishing a truly data-driven business. AI News spoke with Rob Mellor, GM & VP, EMEA at WhereScape, about this significant industry change. AI News: Earlier this year, Gartner began formally recognizing data…
Oxford Union Engages AI in Ethical Debate The Oxford Union, renowned for its debate culture at the University of Oxford, recently hosted an artificial intelligence in a discussion regarding the ethics of its own existence. This event took place earlier in December and yielded concerning insights. The AI in question, known as the Megatron Transformer,…
Making the UK an AI Superpower The British technology sector experienced unprecedented investment, amounting to £29.4 billion in 2021. Despite this success, the UK’s AI and tech landscape has yet to reach the global superpower status evident in nations like China, Russia, and the US. It is evident that significant changes are required to elevate…
Editorial: Our Predictions for the AI Industry in 2022 The AI industry has seen significant growth as businesses sought to maintain continuity amid rapidly changing circumstances. Companies already invested in AI are now doubling down, taking advantage of the benefits that come with it. As we approach the new year, it’s important to consider what…