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Key Takeaways
Klarna: Reported a 27% revenue increase, driven by expanded transaction volumes and improved monetisation.
Apple: Set to introduce new AI features that may signal the advent of a genuine assistant, potentially transforming interactions between companies and users.
Financial Services: Organisations face challenges including overcoming technical debt, acquiring necessary skills, cultural adoption of AI, process debt, and ensuring data quality.
HFS Research: Highlights that organisations typically take 1.3 years to realise the top benefits of Generative AI.
OpenAI: Raising its valuation to $110 billion, creating high expectations for the upcoming GPT-5.0.
Key Statistics
Citizens Advice Bureau: In England and Wales handled over a quarter of a million inquiries in July, a 10% increase from the previous year.
Cash Machine Transactions: Down 7.7% year on year, with a 5.2% decrease in the number of cash machines.
Internet Access: 1.5 mil...
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