A recent demonstration by Mastercard at the India AI Impact Summit 2026 showcased the potential for payment systems to transition towards a model where software agents, rather than individuals, execute purchases. This presentation highlighted what Mastercard called its first fully authenticated "agentic commerce" transaction. During the demo, an AI agent autonomously searched for a product, […]
Barclays recently reported a notable 12% increase in its annual profit for 2025, achieving £9.1 billion in earnings before tax, up from £8.1 billion the previous year. This growth prompted the bank to elevate its performance targets through 2028, aiming for a return on tangible equity (RoTE) exceeding 14%, an increase from its earlier goal […]
L’Oréal is integrating AI into its digital advertising workflow to meet the increasing demand for content production while maintaining quality and brand consistency. In a landscape where rapid content creation is essential, the beauty giant is leveraging AI tools to streamline processes involved in producing visual content, such as videos and images. This approach aims […]
New data from Perplexity highlights the significant role AI agents are playing in enhancing enterprise efficiency by managing complex tasks. Recent insights reveal that the technology industry anticipates a shift where generative AI evolves from simple conversational abilities to performing actionable tasks. For the first time, a large-scale field study, utilizing hundreds of millions of […]
Baidu has unveiled its latest ERNIE model, a groundbreaking multimodal AI that outshines GPT and Gemini in several critical benchmarks. The new model, known as ERNIE-4.5-VL-28B-A3B-Thinking, excels in processing enterprise data often overlooked by models focused solely on text. Many companies struggle with valuable insights trapped in complex data forms like engineering schematics, factory video […]
Broadcom recently announced at the VMware Explore conference that its VMware Cloud Foundation platform is now AI-native. This initiative aims to align VMware with the industry’s swift adoption of large language models, particularly as it faces significant scrutiny regarding its licensing policies since acquiring VMware in late 2023. The company has come under fire for […]
A recent government report highlights the remarkable growth of the UK AI sector, which has outpaced the wider economy by an astounding 150 times since 2022. This surge has been propelled by a substantial increase in investment, leading to record revenues of £23.9 billion for the sector last year. The UK now hosts over 5,800 […]