HighFive and University of Salford Develop AI Spyglass Profiler for Insurance Claims
HighFive, the technology arm of HF Group, has launched its second major artificial intelligence project in collaboration with the University of Salford. Building on the success of ELI (Expert Legal... Read More
STEM Workers Lose Six Hours Weekly Without AI, Creating £64 Billion “Productivity Gap” in UK Economy
The UK’s 9.4 million STEM workers are losing an average of six hours per week due to limited access to advanced AI tools, costing the UK economy an estimated £64... Read More
Espria Identifies AI as a Key Enhancer for Remote Service, Cybersecurity, and Business Strategy
In July, Espria, a leading provider of digital workspace solutions, hosted its Optimise 2024 Q3 webinar. The event focused on enhancing operational teams and services through AI-driven tools and featured... Read More
AI Giants Shed Nearly Half a Trillion Dollars in Value in Under a Week
After two years of relentless growth, AI heavyweights have experienced a sharp decline in stock value over the past two months. This downturn was driven by the U.S. government’s expanded... Read More
Funding for AI startups dropped to $42.5 billion in 2023
The AI revolution may be just beginning, but funding for AI-based startups is already declining after peaking in 2021. According to NoKyc.com, venture capitalists invested $42.5 billion in AI startups... Read More