Search results for London
People & Appointments
Vice PM Bae holds talks in Belgium with EU on AI, science and technology cooperation
South Korea\'s Vice Prime Minister Bae Kyeong-hoon (배경훈) met a European Union executive commissioner in Brussels to discuss ways to expand cooperation in artificial intelligence and science and technology, the science ministry said. He accompanied President Lee Jae-myung on a state visit to Belgium and the EU. Bae also met Korean researchers at IMEC and discussed Horizon Europe participation, joint research in AI-driven innovation, advanced biotech and quantum technology, and wider researcher exchanges.
AI & Enterprise
AI boom brings uncertain jobs impact as deepfake controversy turns real
Artificial intelligence is spreading rapidly across industries, but assessments of its employment impact and broader social effects remain divided. MIT Technology Review outlined five key mid-2026 trends: jobs, safety, social backlash, scientific research and technology diffusion. It said data on AI’s economic impact are still limited, while deepfakes and risky dependence on chatbots are emerging as concrete safety issues. Social pushback and environmental strain from data centres are also growing.
Finance
Woori Bank wins UK licence for London trading centre, to begin operations this month
Woori Bank has obtained licences from UK regulators needed for client-facing derivatives business and securities management, it said. The bank said its London trading centre received approvals from the Financial Conduct Authority and the Prudential Regulation Authority on May 29. Woori Bank began work on setting up the centre in January last year and submitted its application in July, receiving final approval about 10 months later. It plans to start full operations this month after completing internal procedures.
-
AI & Enterprise
AMD to build 2 AI supercomputers in UK, invest $2 billion over five years
-
AI & Enterprise
Anthropic says AI development should slow, warns self-improvement is near
-
Crypto
Strategy makes surprise sale of 32 bitcoins after pledging not to sell
-
AI & Enterprise
Nvidia-backed U.S. AI firm Runway to set up European headquarters in London
-
AI & Enterprise
King\'s College London secures early access to Google\'s Willow quantum chip
-
AI & Enterprise
Shift offers free cleaning to collect household chore video data
-
Crypto
Trump presses to codify U.S. crypto regulatory framework
-
Technology
European startups that once chose the U.S. now skip Silicon Valley
-
Crypto
Crypto custody firm Copper pursues sale valued at $500 million
-
Crypto
UK trading platform IG partners with Bitpanda to expand crypto trading across Europe
-
Crypto
Bank of England sets out tokenisation-led finance modernisation plan, stablecoin rules draft due in June
-
Crypto
Pokemon cards shift from collecting to investment, trade for millions of dollars
-
Crypto
Bitcoin Pizza Day: 10,000 BTC for two pizzas now worth more than 1 trillion won
-
AI & Enterprise
SanDisk tops 2026 first-half returns, up 509 percent and beating bitcoin and gold
-
Industry
Nvidia posts $81.6 billion in first-quarter revenue as data centre growth drives results