In the rapidly evolving landscape of artificial intelligence, businesses are continually adapting to new developments and challenges. This week’s roundup highlights five critical AI stories that are reshaping the business world. From governmental policy shifts in the UK to ground-breaking advancements in game development, and from landmark regulatory efforts in California to AI’s impact on … Read more
The UK has become a hotbed for AI innovation, with numerous startups emerging across various sectors. These startups are not only pushing the boundaries of technology but are also attracting significant investment from a diverse group of investors. In this blog, we delve into the key players funding the AI revolution in the UK, providing … Read more
PROBLEMOrganisations today face an increasingly complex and rapidly evolving business environment. Traditional strategic planning methods often struggle to keep up with the pace of change, leading to suboptimal decision-making and missed opportunities. Leveraging the power of artificial intelligence (AI) can be a game-changer in strategy development, but organisations must navigate the challenges and seize the … Read more
“We see the wave coming. Now this time next year, every company has to implement it — not even have a strategy. Implement it.” Emad Mostaque, founder and CEO, Stability AI PROBLEM: MISSING OUT ON THE BEST AI TOOLSIn the fast-evolving digital workplace, keeping up with the best tools that can enhance productivity, streamline tasks, … Read more
“Artificial intelligence is one of the most profound things we’re working on as humanity. It is more profound than fire or electricity.” Sundar Pichai, 2020 PROBLEM: POOR PROMPT OPTIMISATIONPoorly constructed AI prompts can severely hinder a business’s ability to leverage AI effectively. Inaccurate or irrelevant results, stemming from prompt deficiencies, lead to wasted resources and … Read more
As our understanding of AI improves, its scope of application increases and the world of business grants is no exception. Finding grants and then applying can be a time consuming exercise, whether it’s the business owner themselves doing it or a professional grant writer. Also, it requires a level of knowledge as well as a … Read more
According to the latest statistics, there were a total of 1,797 active high growth AI start-ups in the UK, with investments totalling £3.21bn in equity funding in 2022 alone. Another report puts the total number of UK AI start-ups that received funding of $1.5m and over between 2013-2023 at 727. This second metric is important … Read more
“We see the wave coming. Now this time next year, every company has to implement it — not even have a strategy. Implement it.” — Emad Mostaque, founder and CEO, Stability AI PROBLEM: KEEPING UP WITH AIIn our last AI blog we stated that the impact of artificial intelligence on transforming business functions cannot be … Read more
“Sometimes time spent reinventing the wheel results in a revolutionary new rolling device. But sometimes it just amounts to time spent reinventing the wheel.” – Steve Krug PROBLEM: REINVENTING THE WHEELReinventing the wheel in software development wastes time and resources, often leads to suboptimal solutions, and misses learning opportunities. In contrast, standardised cross-functional work improves … Read more
“The only place where success comes before work is in the dictionary.” – Vidal Sassoon PROBLEM: PUTING AI TO THE TESTLike the Turing Test, there has to be another practical work related test for the usefulness of AI to business. The simplest way of sampling this is simply to select a random Top Ten of … Read more
