AI Weekly Digest: Google invests £790m in first UK data centre

By Holly Williams, PA Business Editor 19/01/2024

Google has unveiled a one billion US dollar (£790 million) investment in its first UK data centre, hailed by the Government as a “huge vote of confidence in Britain”.

The tech giant said it had started building the facility on a 33-acre site in Waltham Cross, Hertfordshire, with aims for construction to be completed by 2025.

Google said it was too early to say how many jobs would be created at the Hertfordshire site, but confirmed the centre would require engineers, project managers, data centre technicians, electricians, catering and security personnel.

It adds to its 27 data centres worldwide, with sites across 11 countries, including 13 in the US.

It marks the latest investment by a major US tech firm in Britain, coming less than two months after Microsoft announced it would invest £2.5 billion to expand data centres for artificial intelligence (AI) across the UK.

Prime Minister Rishi Sunak said Google’s plans were “testament to the fact that the UK is a centre of excellence in technology and has huge potential for growth”.

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Mastering Corporate Videos: The Dos and Don'ts for Success 

By Assignments 10/01/2024

Whether it is for marketing, internal communication, or training purposes, corporate videos can leave a lasting impact if executed properly. To help you navigate the intricate landscape of corporate video production, here is a guide on the dos and don’ts to ensure your videos hit the mark. 

 

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AI Weekly Digest: Banks of the future 'will use AI to influence financial decisions'

By Anna Wise, PA Business Reporter 04/01/2024

Next-generation banks will use generative artificial intelligence to influence people’s financial decisions, spot potentially vulnerable customers, train call centre staff and even run social media accounts.

The complex technology could “touch almost everything that goes on at a bank”, according to Tom Merry, the head of banking strategy at Accenture.

The UK banking industry has been using AI for years, such as through predictive models which detect fraud and analyse risks.

But more banks are starting to test the use of generative AI, where complex models can create something completely new based on a vast set of data.

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Top stories on PA Explore in 2023

By Peter Fabianski 19/12/2023

Continuing with our round-up of 2023, we put the spotlight on Head of Analytics and Insights for PA Media, Peter Fabianski. In this post, Peter breaks down the data his team captured from usage generated by our editorial platform PA Explore, to tell us the top stories of 2023.

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The top five stories from the second half of the year and how PA Media covered them

By Pete Clifton 18/12/2023

Earlier this year, PA Media’s Editor-in-Chief Pete Clifton shared the top five stories for the first half of 2023, and how PA covered them.

Now as 2023 draws to a close – Pete reflects on the top five stories from the second half of the year.

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