Is the future of travel and hospitality data-driven?

The pressure is on European hospitality and travel brands to meet the evolving demands of their customers. In an era where tech giants like Netflix and Amazon have set the bar high for personalised recommendations and experiences, traveller satisfaction is becoming increasingly dependent on a brand’s ability to provide a personalised experience — from the time they start researching a trip until the time they leave a review. 

Yet, despite the value of getting...

26 July 2023 | Industries

Google report highlights AI’s impact on the UK economy

A new report by Google emphasises that AI represents the most profound technological shift of our lifetime and has the potential to significantly enhance the UK's economy.

The report suggests that by 2030, AI could boost the UK economy by £400 billion—leading to an annual growth rate of 2.6 percent.

Steven Mooney, CEO of FundMyPitch, commented:

“If AI is projected to bring billions to the UK economy, then why on earth aren’t our start-ups and SMEs...

5 July 2023 | Artificial Intelligence

Universities want to ensure staff and students are ‘AI-literate’

In a joint statement published today, the 24 Vice Chancellors of the Russell Group of universities have pledged their commitment to ensuring the ethical and responsible use of generative AI and new technologies like ChatGPT.

Universities are increasingly recognising the importance of equipping their students and staff with AI literacy skills to leverage the opportunities presented by technological advancements in teaching and learning. 

Sheila Flavell CBE, Chief...

4 July 2023 | Artificial Intelligence

NHS receives AI fund to improve healthcare efficiency

NHS staff will soon have access to advanced AI technology to enhance the speed and accuracy of patient diagnosis and treatment, thanks to a new £21 million fund.

The AI Diagnostic Fund will allow NHS Trusts to apply for funding to expedite the deployment of AI imaging and decision support tools, particularly for diagnosing conditions such as cancers, strokes, and heart conditions.

The Health and Social Care Secretary, Steve Barclay, has also pledged to implement AI...

23 June 2023 | Applications

SK Telecom outlines its plans with AI partners

SK Telecom (SKT) is taking significant steps to solidify its position in the global AI ecosystem. 

The company recently held a meeting at its Silicon Valley headquarters with CEOs from four new AI partners – CMES, MakinaRocks, Scatter Lab, and FriendliAI – to discuss business cooperation and forge a path towards leadership in the AI industry.

SKT has been actively promoting AI transformation through strategic partnerships and collaborations with various AI...

20 June 2023 | Applications

Palantir demos how AI can be used in the military

Palantir has demonstrated how AI can be used for national defense and other military purposes. The use of AI in the military is highly controversial. In this context, Large Language Models (LLMs) and algorithms must be implemented as ethically as possible. Palantir believes that’s where its AI Platform (AIP) comes in. AIP offers cutting-edge AI capabilities and claims to ensure that the use of LLMs and AI in the military context is guided by ethical principles. AIP is able to deploy...

28 April 2023 | Applications

Bill Gates: AI will be teaching kids literacy within 18 months

AI chatbots could be used to improve children’s reading and writing skills within the next 18 months, according to Microsoft co-founder Bill Gates.

In a fireside chat at the ASU+GSV Summit in San Diego, Gates explained that the “AIs will get to that ability, to be as good a tutor as any human ever could.”

AI chatbots such as OpenAI’s ChatGPT and Google’s Bard have developed rapidly in recent months and can now compete with human-level intelligence on some...

24 April 2023 | Applications

Editorial: UK puts AI at the centre of its Budget

British Chancellor Jeremy Hunt announced the country’s Spring Budget this week and supporting the AI industry was at the centre.

The UK is Europe’s AI leader. Indeed, behind the US and China, the country’s tech sector overall has the third-highest amount of VC investment in the world – more than Germany and France combined – and has produced more than double the number of $1 billion tech firms than any other European country.

Gerard Grech, CEO of Tech Nation,...

16 March 2023 | Artificial Intelligence

Oxford University spinout invents body scanner for accurate clothing measurements

A collection of measuring tapes.

An Oxford University tech spinout has invented a 'ground breaking' AI tool that scans users’ bodies to provide accurate clothing measurements, with the intention of streamlining the online shopping experience and saving UK retailers billions in returns.

Initially founded in 2019 by Duncan McKay, INSEAD MBA and Phil Torr, Professor of Computer Vision and Deep Learning at the University of Oxford, the tech firm went on to be awarded two Innovate UK Grants, and one Future...

8 March 2023 | Applications

VisitDenmark brings iconic tourist attractions to life in AI-produced campaign

VisitDenmark's AI paintings.

A new activation campaign from tourism organization VisitDenmark wants to put the land of “hygge” on the map as the antidote to bucket list tourism.

Using artificial intelligence, Mona Lisa, the Statue of Liberty, and other iconic tourist attractions come to life with a simple message: Don’t come see me - visit Denmark instead. Other than its cheeky approach, the campaign stands out by being completely written by artificial intelligence.

“Imagine that you are...

7 March 2023 | Artificial Intelligence