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DeepMind sees revenue jump and turns first ever profit

Chess Game

DeepMind, the Alphabet-owned AI research lab, has turned a profit for the first time since the company was founded in 2010.

The London-based firm recorded a profit of £43.8 million in 2020 with revenue at £826 million, according to its annual results filing with Companies...

MEPs back AI mass surveillance ban for the EU

MEPs from the European Parliament have adopted a resolution in favour of banning AI-powered mass surveillance and facial recognition in public spaces.

With a 71 vote majority, MEPs sided with Petar Vitanov’s report that argued AI must not be allowed to encroach on fundamental...

Rigetti unveils ‘commercially ready’ UK-based quantum computer

Rigetti has unveiled a “commercially ready” quantum computer in the UK amid increasing local public and private investment in the technology.

The firm announced last year that it was leading a £10 million government- and industry-funded collaboration with the aim of...

Google’s MUM will start adding more context to searches

Google is getting a little help from its MUM (Multitask Unified Model) to add more context to search results.

MUM was announced at Google I/O in May and aims to transform how the web giant handles complex queries. The model uses the T5 text-to-text framework and is said to be “1,000...

How AI video surveillance impacts the way businesses approach security

Security cameras are a great way to keep an eye on commercial spaces without being on-site, especially after-hours. While security is a 24/7 business, most organizations can’t afford to monitor their systems at all hours of the day and night. Hiring a third-party provider to monitor is...