![](https://static.standard.co.uk/2024/02/01/09/01091351-a156c2e6-68fc-414f-b8cb-9d04f367061c.jpg?width=1200&auto=webp)
Not all intelligence is artificial
New AI firms seem to be popping up all over the place. Many will be a dud and fold in a year — but the ones with a well-known backer tend to show more promise.
That was why the creation of a mysterious new company called Proxxi AI caught Spy’s eye. It is being backed by serial entrepreneur Charlie Muirhead, who runs one of the UK’s biggest tech conferences, CogX.
Muirhead was a little coy about the project when Spy got hold of him, saying it was still in “stealth mode.”
But he said its aim was to create a platform to use AI to “access some of the best minds” in technology. A cerebral idea.
![](https://static.standard.co.uk/2023/12/18/14/26/10.jpg)
City Spy is back!
Sign up to our brand new weekly newsletter for your unmissable round-up of all the gossip, rumours, and covert goings-on inside the Square Mile: standard.co.uk/newsletters