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AI-focused investment funds have delivered an average return of just 2.5% in the past year, having been outperformed by other sectors and generalist funds, according to new figures. Though artificial intelligence has attracted huge investment in 2024 – an estimated $110bn globally – AI funds offered a fairly modest rate of return, according to research ...
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David's Bridal is opening its first Diamonds & Pearls store in Delray Beach, Florida. Read more ›
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Elon Musk said the rise of humanoid robots could boost productivity and hopes they will lead to "a 'Star Trek' future." Read more ›
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Container-tracking software provider Vizion said on Wednesday that US-China container bookings surged 277% in the week from May 5. Read more ›
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HBO Max is back once again. Some industry observers applauded Warner Bros. Discovery's streaming rebrand, but others say it will only spark confusion. Read more ›
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Tencent's president said the company can rely on a "pretty strong stockpile of chips that we acquired previously." Read more ›
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From fewer job openings to more layoffs, all the signs point to higher unemployment and a weaker job market. Read more ›
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Luis von Ahn told Stanford students that he learned to let go of tasks that he isn't good at or that he doesn't enjoy. Read more ›
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Google's next big Wear OS 6 update will have big ramifications for other devices, with Gemini leaping to devices like Samsung's Galaxy Watches. Read more ›
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The UK Defense Ministry said a combination of bad handling and storage practices were "highly likely" to have caused the catastrophic blasts in April. Read more ›
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While speaking in Qatar on Thursday, Trump expressed his frustration over Apple’s plans to build manufacturing plants in India, saying the country "can take care of itself.” Read more ›
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Square Enix has released fresh screenshots of Kingdom Hearts 4, giving us our first look at the game in three years. Read more Read more ›
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Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americans’ sensitive personal data. Read more ›
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Wharfedale's best-selling speaker range gets a refreshed design and tons of audio upgrades Read more ›
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President Trump continues to defend the proposed gift in numerous posts on Truth Social and a recent conversation with Fox News host Sean Hannity. Read more ›
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We Are Rewind, a Paris-based company that has relaunched the cassette player with modern features like support for wireless headphones and rechargeable batteries, has announced a larger boombox version. Streamlining the design of the portable stereos that were popular in the ‘80s, the €449 (around $500 USD) GB-001 can function as a Bluetooth speaker and […] Read more ›
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Hilary Swank previously told BI that she was glad to be an older mom. She welcomed her twins at 48. Read more ›
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The social team at HBO Max probably knew it would be made fun of for backpedaling on its name, so it joined in on the roast. Read more ›
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It's still early days for the next OnePlus flagship, but we've got some preliminary camera details. Read more ›
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Chinese e-commerce sites have slashed the price of some iPhones ahead of a festival. Apple faces declining sales in China as local brands gain market share. Read more ›
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Waymo recalled software for more than 1,200 robotaxis because some cars were collinding into barriers, a NHTSA report said. Read more ›
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The potential for AI to supercharge cybersecurity risks has gone beyond speculation. GCHQ’s National Cyber Security Centre (NCSC) has warned that as AI-enabled cyber threats becomes a greater and greater risk, a “digital divide” will form between organisations able to keep pace with the technology and those unable to adapt their systems and strategies to ... Read more ›
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A Hartlepool recycling plant has deployed advanced robotics to enhance food and beverage sorting through a partnership with UK startup Recycleye and Swedish food packaging giant Tetra Pak. The J&B Recycling site will be upgraded with robotic arms developed by Recycleye to sort food and beverage cartons for recycling. The upgrade was funded through an ... Read more ›
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AI is transforming how businesses operate, streamlining processes, enhancing decision-making, and opening up entirely new opportunities. Spurred by growing investment and tools like DeepSeek’s advanced AI models, organisations across the UK are accelerating adoption, supported by government initiatives such as the AI Opportunities Action Plan. But as adoption accelerates, businesses must tackle the dual challenges ... Read more ›
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Amid the flurry of news, government and corporate announcements regarding the many milestones crossed by the quantum sector, firms can understandably struggle to know how they can prepare for burgeoning technology. Quantum computing is a term that encompasses vast amounts of complex technology both hypothetical and actual, with use cases as varied and exciting as ... Read more ›
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This week, the UK and India agreed on Britain’s largest international trade deal post-Brexit and while it comes with obvious benefits for purveyors of whisky and textiles, it can also be an opportunity for technology. The agreement – which has been several years in the making – between Prime Minister Keir Starmer and Prime Minister ... Read more ›
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London-based fintech Ravio, which provides real-time insights into what different roles are paid, has raised $12m (£9m) in a Series A funding round. Founded in 2022, Ravio works with the likes of Just Eat, Wise, Zoopla and Octopus Energy to provide compensation rates for various jobs to determine ideal salary offers. According to the startup, ... Read more ›
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Automated regulatory intelligence firm CUBE has opened its new global headquarters in the City of London. The Tower 42 building on Old Broad Street will house the company’s new “AI Centre of Excellence”, an artificial intelligence lab, in which the CUBE team will research the evolving role of the technology in regulation and compliance in ... Read more ›
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The government is turning to regional spinouts to accelerate UK tech growth with a £30m support package for four research hubs across the country. Universities in Merseyside, East Anglia, the Midlands and the North East will receive new funds to encourage more spinouts, or tech companies founded from students and staff based on an institutions’ ... Read more ›
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Bitcoin mining group Argo Blockchain has requested a return of its London listing following the delayed release of its 2024 results despite the company warning of “significant doubt” over its continued operations. Shares in the company were suspended from the London Stock Exchange last week as it was unable to release its audited results before ... Read more ›
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Cecily Motley is the co-founder and chief executive of Harriet, an AI-powered self-service agent for HR and ops teams. Launched in 2023, Harriet raised £1.2m in a funding round in December that year. In this week’s Founder in Five Q&A, Motley discusses operating in uncertainty, the success of Shopify and the failure of NFTs. Which company’s ... Read more ›
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15.05.2025 05:59
Last update: 05:50 EDT.
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