Quantexa, a financial data platform, won the £175m contract to spot fraud and tax return errors.

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The government said its in-house IT system was “more flexible” while meeting “high standards” of security.

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Eben Upton warns against claims that Artificial Intelligence will destroy vast numbers of computing roles over the coming years.

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It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.

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