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How artificial intelligence empowers us

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Thanks to rapid advancements in Artificial Intelligence, powerful tools are now accessible to everyone, everywhere. Yet, a common anxiety persists: will AI replace us, or threaten our future? But what if AI isn’t about limitation, but about sparking a profound Human Revolution – one that amplifies our capabilities?

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Funding & Business

BofA Sees Oil Prices to Fall in Autumn, Blanch Says

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Francisco Blanch, head of global commodities and derivates research at Bank of America, discusses OPEC+’s recent decision to increase oil production for the month of August. “It’s been a good time to add those barrels and the market hasn’t struggled for the time being to absorb it,” Blanch tells Bloomberg Television. “We are negative into the second half of the year,” he adds, saying that Bank of America sees Brent hit “low sixties” and WTI “high fifties.” (Source: Bloomberg)



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Business

Yorkshire Water announces hosepipe ban after driest spring in 132 years | Water industry

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Yorkshire Water has introduced hosepipe restrictions after the region recorded its driest spring in 132 years.

Yorkshire received just 15cm of rainfall between February and June, less than half of what is expected in an average year, pushing the region to an official drought status.

Its reservoirs are 55.8% full, which is 26.1 percentage points lower than what they would normally be at this time of year.

Dave Kaye, the director of water at Yorkshire Water, said action was necessary now to “help conserve water and protect Yorkshire’s environment”.

“From Friday this week, people across Yorkshire will need to stop using their hosepipes to water their gardens, wash their cars or for any other activities. Introducing these restrictions is not a decision we have taken lightly, and we’ve been doing everything we can to avoid having to put them in place,” he said.

The restrictions will come into force on 11 July. They will stop people from using a hosepipe to water gardens, wash private vehicles, fill domestic pools or clean outdoor surfaces.

People can still wash their car and water their gardens using tap water from a bucket or watering can. Businesses can use a hosepipe if it is directly related to a commercial purpose.

Mark Lloyd, the chief executive of the charity the Rivers Trust, said further hosepipe restrictions are likely to come in other areas of the country.

“Sadly, the measures will also probably include drought permits that allow the company to take more water from rivers than normal, which will have severe impacts on river wildlife which is already struggling,” he said. “It will be very surprising if other companies don’t have to follow suit unless the weather changes dramatically.”

The supplier, which serves 5 million customers across Yorkshire and parts of north Lincolnshire and Derbyshire, is owned by Kelda Group.

Yorkshire Water paid £37.5m dividends for the six months to 30 September 2024 to its parent, up from £17.7m during the same period in 2023. The company paid £84.1m in dividends within its group structure in its latest full financial year. The dividends were not distributed to external shareholders.

Last year the chief executive and chief financial officers at Yorkshire Water were handed a combined £616,000 in bonuses for a year in which thousands of its customers were affected for weeks by a burst water pipe.

Under new powers in Labour’s Water (Special Measures) Act 2025, the regulator, Ofwat, can ban bonuses for water executives where a company fails to meet key standards on environmental and financial performance, or is convicted of a criminal offence.

Under the rules, six water providers – including Thames Water, Southern Water, United Utilities, Wessex Water, Anglian Water and Yorkshire Water – were banned from paying “unfair” bonuses to their executives this year.

The boss of Yorkshire Water said she had decided to turn her bonus down this year, before the legislation was introduced. Nicola Shaw, who accepted a £371,000 bonus last year, said it would “not be appropriate” to accept the payment this year, acknowledging that the supplier needed to “do better” on tackling pollution.

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It comes as customers must pay higher water bills until the end of the decade, to help fund investment in better water and sewage infrastructure. The average annual bill for Yorkshire Water is £430, according to Ofwat, and is expected to rise by 35% by 2030.

Last month Yorkshire officially moved to drought status after a prolonged period of low rainfall. In May, north-west England also entered drought status, as reservoir levels fell to half their capacity. Much of the rest of the country is in prolonged dry status, which is the step before drought.

Consumers across England have been asked to conserve water as summer begins amid low river flows, groundwater levels and reservoir levels.

The regions at most risk of running out of water at the moment are those which rely largely on reservoirs rather than groundwater.

This is because the wet autumn and winter of 2024-25 allowed for the aquifers – the water below ground – to recharge. This means southeastern areas, which have good aquifers, are in a better position now than those in the Midlands and north of the country.

However, more dry weather could cause the aquifer levels to begin to dwindle as well.

When water supplies run dry, companies often apply for river abstraction licences. But rivers across the country, except in parts of the north-west, are at exceptionally low levels, so any further abstraction would pose a risk of great ecological harm.

Water companies have been criticised in past droughts for not implementing hosepipe bans quickly enough, and accused of not doing so because bosses were too concerned about affecting customer satisfaction scores, which influence their rating with the regulator. As of this year, this rating now dictates whether chief executives can get a bonus.



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AI Research

Cognigy Leads in Opus Research’s 2025 Conversational AI Intelliview

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Distinguished for Innovation, Enterprise Readiness, and Visionary Approach to Agentic AI

Cognigy, a global leader in AI-powered customer service solutions, has been recognized as the leader in the newly released 2025 Conversational AI Intelliview from Opus Research. The report, titled “Decision-Maker’s Guide to Self-Service & Enterprise Intelligent Assistants,” shows Cognigy as the leading platform across critical evaluation areas including product capability, enterprise fit, GenAI maturity, and deployment performance.

This recognition underscores Cognigy’s commitment to empowering enterprises with production-ready, scalable AI solutions that go far beyond chatbot basics. The report cites Cognigy’s strengths in visual AI agent orchestration, tool and function calling, AI Ops and observability, and a deep commitment to enterprise-grade control—all delivered through a platform built to scale real-time customer interactions across voice and digital channels.

“Cognigy exemplifies the next stage of conversational AI maturity,” said Ian Jacobs, VP & Lead Analyst at Opus Research. “Their agentic approach—combining real-time reasoning, orchestration, and observability—demonstrates how GenAI can move beyond experimentation into meaningful, measurable transformation in the contact center.”

Cognigy was one of the few vendors identified in the report as a “True Believer” in the evolution of GenAI-driven self-service, with tools designed to simplify deployment while giving enterprises full control. The platform’s AI Agent Manager enables businesses to create, configure, and continuously improve intelligent agents—defining persona, memory scope, and access to tools and knowledge—all through a flexible, low-code interface. Cognigy uniquely blends deterministic logic with generative capabilities, ensuring both speed and reliability in automation.

“This recognition from Opus Research is more than a milestone—it’s validation that our strategy is working,” said Alan Ranger, Vice President at Cognigy. “We’re delivering real-world, enterprise-grade automation that’s transforming contact centers. From financial services to healthcare to global retail, our customers are scaling faster, resolving issues in real time, and delivering truly modern service experiences.”

With global Fortune 500 customers and partnerships across the CCaaS and AI ecosystem, Cognigy continues to lead the way in delivering enterprise-ready AI that combines usability, speed, and impact. This latest industry acknowledgment further solidifies its position as the go-to platform for intelligent self-service.

To download a copy of the report, visit https://www.cognigy.com/opus-research-2025-conversational-ai-intelliview.



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