United Kingdom (UK) stories - Page 11

Irish enterprises have squandered an estimated EUR €720 million on failed AI projects as poor strategy, bias and explainability woes derail plans.

Europeans are embracing AI for daily tasks and shopping, even as frustration mounts over a surge in low‑quality AI‑generated content.

Qualcom launches EUR €500,000 secure AI push in Ireland, creating new practice, hiring specialists and partnering with NROC on services.

Scopey Onsite has raised EUR €523k in pre-seed funding to expand its AI-based construction reporting platform across Ireland, the UK and Australia.

AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.

Datarails launches FinanceOS, a unified data layer and MCP link to AI tools, promising governed, real-time finance workflows at scale.

Socotra launches embedded AI assistant in its Operations Workbench, promising faster, auditable underwriting across products and regions.

Zendesk moves to buy Forethought, betting on agentic AI agents to resolve most customer issues autonomously across platforms and channels.

GTIA has launched PeerTrust Circles, a security-led peer network helping IT service leaders benchmark trust, resilience and maturity.

Audit firms are racing to embed AI into core work, but say true advantage now hinges on tougher governance, bias controls and global rules.

LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.

AutoRek unveils RegToolKit, a real-time regulatory compliance hub mapping rules to controls, audit trails and breach remediation.

Salience Labs unveils a 32-port all-optical switch for AI data centres, promising big latency and power cuts as rack densities surge.

Wealth data specialist Flanks hires Nawaz Mucadam to spearhead UK, Ireland and Middle East expansion amid rising demand for robust data tools.

Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.

Syndigo has snapped up Taggstar, folding its real-time social proof messaging into a wider product data cloud for retailers and brands.

Enterprises ditch plug-and-play AI as Cognizant research shows buyers now favour bespoke builds and services-led, long-term partnerships.

Keeper Security has kicked off a global identity-first cybersecurity campaign as it enters a third season backing the Atlassian Williams F1 team.

Edinburgh's Stellar Omada secures five-year HMRC digital testing contract worth more than GBP £10m, bolstering its UK public sector footprint.

Microsoft launches Agent 365 and Microsoft 365 E7, blending AI agents, Copilot upgrades and security tools in a single enterprise push.