* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 25, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Rollercoaster for UK AI scene as PolyAI bags $50M while Stability AI mulls sale

May 17, 2024
in Technology
Rollercoaster for UK AI scene as PolyAI bags $50M while Stability AI mulls sale
Share on FacebookShare on Twitter

The artificial intelligence scene in Great Britain feels a little bit like your weekly tv drama at the moment. Major funding rounds compete for attention with controversial CEO departures and outlandish government campaigns (“Unicorn Kingdom” and 3D statue holograms, anyone?).  

London-based PolyAI today announced it had secured a valuation of $500mn following a successful fund raise for its call centre voice assistant tech. It might not be the sexiest of AI applications, but then again not all business bets need to be.

While PolyAI is still only halfway towards that coveted unicorn mark of a $1bn valuation, the $50mn raise from investors such as Nvidia equals a vote of confidence in the startup. This is also true for other parts of the UK’s AI sector, illustrated by Wayve’s record-breaking raise last week. 

“We want to make people fall in love with voice assistants because [calling] is still the main way people interact with businesses,” PolyAI’s Chief Executive and co-founder Nikola Mrkšić told the Financial Times. 

Mrkšić previously worked on Apple’s Siri — not exactly a paragon of pain-free user/AI interactions. But if PolyAI can achieve what it is setting out to do — solve call centre staff shortages — and salvage the currently mostly abysmal experience of customer support, it will go a long way towards mending relationships. 

The unstable times of Stability AI

As investors have been tripping over themselves to fund anything with AI stamped on it, we are bound to start seeing the first few flounders over the course of the coming months. One early frontrunner, Stability AI, seems to be in pretty big trouble. 

First, Chief Executive Officer Emad Mostaque left the company in March following allegations of mismanagement and what Fortune termed an “investor mutiny.” Now, the four-year-old startup, valued at $1bn in 2022, is reportedly mulling a sale. 

According to the Information, the London-based Stable Diffusion developer is facing a “cash crunch” as it has failed to meet the challenge from other AI image generators such as Midjourney and OpenAI’s DALL-E, despite having struck up a partnership with Amazon Web Services. 

AI skills=higher pay

Meanwhile, UK tech workers with AI skills have plenty of reasons to be chuffed. According to analysis by prompt management Chrome extension AIPRM, they can expect to earn about a third more than those who do not possess said skills. In fact, those with deep learning skills can expect to earn double the average UK salary. 

So while AI efficiency tools such as ChatGPT and Claude may make some roles redundant in the future (such as more basic coding), the transition to an AI-based economy also presents tremendous opportunities for those willing to learn new programming languages. 

As with all new technologies, AI will make some positions obsolete, whereas others will emerge. Who had ever heard of Chief AI Compliance Officer until a little while ago, or prompt engineer, for that matter. 

In either case, AI is currently moving at incredible speed — both where the technology and the business landscape are concerned. We are all doing our best to keep up.  

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : The Next Web – https://thenextweb.com/news/uk-ai-rollercoaster-polyai-raise-stability-ai-sale

Tags: rollercoasterScenetechnology
Previous Post

Amazon Is Hosting a Massive Book Sale

Next Post

The rise of the ‘augmented’ startup founder

When can we detect lianas from space? Toward a mechanistic understanding of liana-infested forest optics – ESA Journals

Unveiling Forest Canopies: How Satellite Technology Detects Lianas from Space

July 25, 2025
China launches world’s first robot that can run by itself 24/7 — watch it change its own batteries in unsettling new footage – Live Science

China launches world’s first robot that can run by itself 24/7 — watch it change its own batteries in unsettling new footage – Live Science

July 25, 2025
Enjoy Indoor Summer Fun at This Science Center in Rye, New Hampshire – Only In Your State

Discover Exciting Indoor Summer Adventures at This Science Center in Rye, New Hampshire

July 25, 2025
Superhero Lifestyle Collections – Trend Hunter

Discover the Ultimate Superhero Lifestyle Collections Transforming Everyday Living

July 25, 2025
How to watch Katie Ledecky at the 2025 World Swimming Championships – NBC Sports

Don’t Miss a Second: How to Watch Katie Ledecky Shine at the 2025 World Swimming Championships

July 25, 2025
Space Foundation Study: Space economy worth $600bn+ – news.satnews.com

Space Foundation Study: Space economy worth $600bn+ – news.satnews.com

July 25, 2025
City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

July 25, 2025
Advocates talk benefits of single-payer health care in Greenfield forum – Athol Daily News

Advocates Highlight the Benefits of Single-Payer Health Care at Greenfield Forum

July 25, 2025
Trump’s Name Is on Contributor List for Epstein Birthday Book – The New York Times

Trump’s Name Emerges in Contributor List for Epstein’s Birthday Book

July 25, 2025
WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

July 25, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (738)
  • Economy (762)
  • Entertainment (21,643)
  • General (16,100)
  • Health (9,800)
  • Lifestyle (770)
  • News (22,149)
  • People (764)
  • Politics (771)
  • Science (15,977)
  • Sports (21,259)
  • Technology (15,744)
  • World (745)

Recent News

When can we detect lianas from space? Toward a mechanistic understanding of liana-infested forest optics – ESA Journals

Unveiling Forest Canopies: How Satellite Technology Detects Lianas from Space

July 25, 2025
China launches world’s first robot that can run by itself 24/7 — watch it change its own batteries in unsettling new footage – Live Science

China launches world’s first robot that can run by itself 24/7 — watch it change its own batteries in unsettling new footage – Live Science

July 25, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version