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      HSBC targets $100m in savings with Google Cloud AI tie-up

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artificial intelligence

  • HSBC targets $100m in savings with Google Cloud AI tie-up

    Banking

    Europe’s biggest lender HSBC is planning to save more than $100m as part of a tech tie-up with Google. The FTSE 100 giant is planning to roll out Google Cloud across its operations in a deal that the bank says will allow 200 more tasks to be completed by AI. The bank said the initial [...]

    Picture of HSBC building outside.
  • Book review: The Reverse Centaur’s Guide to Life After AI by Cory Doctorow

    AI

    No subject has made me go more hot and cold than AI.  Some days, I open Gemini, Claude or ChatGPT, set tough tasks and am dumbstruck by the speed and accuracy of the results. Wow, this is the future, I think to myself. On other days, I ask something simple and they get it all [...]

    GettyImages 2240900371 portrays a significant business event with professionals networking in a modern conference setting.
  • Ex-Lush chief’s lawyers hike costs to ensure their AI model isn’t trained by juniors

    Legal

    Lawyers for the former chief executive of cosmetics giant Lush, Andrew Gerrie, have hiked their fees ahead of a trial this month, partly as they will not allow junior staff to train their AI model, CityAM can reveal.  A court heard this morning that Gerrie’s legal team from Brown Rudnick have pushed up a [...]

    Law firms are increasingly deploying AI
  • When AI’s taken all the work, what will we all do?

    June 12, 2026

    The possible abundances of the AI-powered future mean that our lives won't be nasty, brutish and short – but will they be devoid of meaning?

  • AI is transforming job references

    June 11, 2026

    A startup with less than $20m just automated trust with an AI model that gathers references. Every executive should read this.

  • The Debate: Should we build a data centre on Brick Lane?

    June 10, 2026

    It may be better known for bagels, but times they are a changing. Should we put a data centre on Brick Lane? We hear the case for and against.

  • From mild to wild: What impact will AI have on banking jobs? 

    June 10, 2026

    Top banking bosses have issued their AI verdict after Standard Chartered stunned the sector with plans for sweeping job cuts last month. In this week’s column Samuel Norman looks at whether a reckoning could be on the horizon. The big-name banker must have known how the conversation would go when he arrived for lunch with [...]

  • GSK says AI is reshaping drug pipeline as Nuvalent deal hits shares

    June 9, 2026

    GSK has said agentic AI is already affecting every asset in its pipeline, as pharmaceutical firms race to use the technology to cut the cost and risk of developing new medicines. Speaking at London Tech Week in Tuesday, Eyal Itskovits, GSK’s director of AI and machine learning, said that the technology has officially become a [...]

  • Palantir to sue Khan over blocked Met police contract

    June 9, 2026

    Palantir is set to sue Sadiq Khan after the London Mayor blocked a £50m contract with the Metropolitan Police, claiming the tech giant does not reflect the City’s values. In May, Khan vetoed the deal in which Palantir would have supported Scotland Yard with AI technology, over concerns about the Met’s procurement process, claiming they had failed [...]

  • Kroll chief Jacob Silverman: AI won’t kill ‘mission critical’ advisory work

    June 9, 2026

    Jacob Silverman arrives at Kroll’s vast City office for our interview fresh off a delayed flight from Atlanta, but you’d never know unless the bright-eyed New Yorker hadn’t mentioned it.  Between sips of diet coke, the firm’s global chief executive offers CityAM an upbeat assessment of AI’s influence on the consultancy sector that seems [...]

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