A £2 million investment by Innovate UK has successfully propelled six innovative artificial intelligence and data-driven projects into real-world application, delivering tangible environmental benefits while unlocking additional funding and commercial traction.
Category: AI
Artificial intelligence coverage with the Business Matters filter: not the hype cycle, but what AI adoption actually looks like inside UK firms – the tools, the costs, the failures, and the regulation heading down the track.
Profits soar at AI lending fintech Abound as borrowers turn away from traditional banks
Abound, one of London’s fastest-rising fintech stars, has posted a 25-fold surge in profits as borrowers increasingly turn to its AI-powered loans platform over traditional lenders.
Amazon’s robots on verge of outnumbering human warehouse staff as AI ramps up
Amazon now has over 1 million robots in its warehouses—matching its human workforce—as it ramps up AI-driven automation and reshapes jobs across the company.
Entry-level jobs slump 32% amid rise of AI and growing employer costs
Entry-level job vacancies in the UK have dropped by 31.9% since ChatGPT’s release, with retail, IT, and finance among the hardest hit. Rising AI adoption and employer costs are reshaping the graduate jobs market.
SMEs cautiously optimistic despite trade fears and AI talent gap, says Vistage
UK and Irish SME leaders are showing signs of cautious optimism despite mounting challenges in international trade, AI adoption and leadership burnout, according to the latest Vistage CEO Confidence Index.
AI takes entry-level jobs as big four slash graduate hiring
The UK’s Big Four accountancy firms are cutting graduate jobs as AI replaces entry-level roles, with hiring down up to 29% and offshoring on the rise.
OpenAI takes down Jony Ive’s ‘io’ content after trademark complaint from earbud startup iyO
OpenAI has removed online content promoting its $6.4bn deal with Jony Ive’s hardware startup ‘io’ after a trademark complaint by AI earbud maker iyO.
BBC threatens AI firm Perplexity with legal action over unauthorised use of news content
The BBC has issued a legal threat to AI firm Perplexity, accusing it of copyright infringement and unauthorised use of BBC content in chatbot responses.
AI boom means regulator cannot predict future water shortages in England
The Environment Agency warns it cannot predict future water shortfalls due to unreported use by AI datacentres, as England faces a 5bn-litre daily deficit by 2055.
How UK businesses can effectively overcome the AI implementation gap
The UK has long been a leader in artificial intelligence (AI) research, pioneering breakthroughs in areas like healthcare, financial modelling and cybersecurity. The Government’s AI Action Plan and recent investments highlight a clear ambition to establish the UK as a global AI superpower. However, ambition alone is not enough.
AI could lead to more job cuts at BT, says chief executive
BT boss Allison Kirkby signals more job losses could follow AI rollout, adding to plans to cut up to 55,000 roles by 2030 as part of a £3bn cost-saving strategy.
Mostly AI launches $100k global challenge to spotlight privacy-safe synthetic data for AI development
MOSTLY AI announces $100,000 global prize challenge to advance privacy-safe synthetic data for AI training. Entries close 3 July, with winners revealed 9 July.
Disney and Universal sue AI firm Midjourney over ‘bottomless pit of plagiarism’
Disney and Universal have filed a landmark lawsuit against AI image generator Midjourney, accusing the San Francisco-based company of large-scale copyright infringement and calling its tools a “bottomless pit of plagiarism”.
House of Lords AI summit at London Tech Week warns of ‘skills cliff edge’ threatening UK’s competitive future
As London Tech Week puts the global spotlight on Britain’s tech credentials, the House of Lords summit served as a timely reminder: the transformative power of AI must be matched by responsible governance, upskilling, and cross-sector collaboration—or the UK risks being left behind in the next wave of innovation.
Why AI and green tech are vital to SME growth in 2025
From sustainability to smart automation, SMEs that adopt AI and green technologies are outperforming the competition in 2025. Discover how small firms can futureproof growth with innovation-driven strategies.
















