Baillie Gifford is poised to more than triple its investment in Anthropic when the AI company goes public this summer, just months after netting a £3.6bn gain from SpaceX's IPO. The Scottish investmen…
Cory Doctorow's new book 'The Reverse Centaur's Guide to Life After AI' argues that AI is largely overhyped and won't replace most jobs due to high costs and poor performance, but the reviewer questio…
Suralink launched Cloud Testing Suite, a set of agentic AI capabilities that automate document validation and sample testing in real time for audit engagements. The suite includes a Document Prescreen…
Lattice Semiconductor announced its exhibition plan for FPGA Conference Europe 2026, where it will showcase low-power FPGA innovations in physical AI, advanced connectivity, and security. The company …
SpaceX acquired AI coding startup Cursor for $60bn in an all-stock deal, as its market valuation surged past Amazon to $2.75 trillion following a record-breaking IPO. The acquisition aims to combine C…
Lawyers for former Lush CEO Andrew Gerrie have increased their litigation budget to £6.1m, partly because they will only allow senior lawyers—who charge the highest fees—to train an AI model for docum…
AIRS Medical, a global leader in AI-powered MRI solutions, announced a strategic growth investment from private equity firm TA Associates to accelerate global expansion and product innovation. The com…
Clearlake Capital closed its eighth flagship fund with $14.8 billion in commitments to invest in AI-driven transformation and sector-focused strategies. The fundraise attracted nearly 300 global inves…
Co-Op, Next, Travelodge, Mitie, and Defra launched the National Coalition for Workplace Savings on Tuesday to help workers build emergency funds through employer-backed schemes, aiming to boost financ…
Allianz has overtaken AXA to become Europe's top insurer in AI maturity, with an AI workforce 28% larger than its closest rival and 900 active AI use cases. The Evident AI Index reveals that while glo…
Moody's Corporation announced its connected intelligence is now available in Amazon Quick, an AI assistant, through a Model Context Protocol server. The integration gives AWS customers direct access t…
Adobe and LinkedIn launched a free AI training program for marketers through LinkedIn Learning, offering role-specific courses in digital marketing, content creation, and data analytics. The initiativ…
Unregulated gambling firms are targeting children as young as 14 on social media using AI-generated tipsters and influencers, according to a new report. Over 30 illegal sites like Stake and Rainbet ar…
Specialist tech recruiter SThree reported a 19% drop in net fees across the UK in the first half of the year, reflecting a broader hiring slump in the region. The decline was driven by companies pausi…
The White House is expected to reject the UK's request for an exemption from a ban on foreign access to Anthropic's advanced AI models, Fable 5 and Mythos 5, over security concerns. The dispute has ex…
Berlin-based audit AI firm Cortea raised €12m (£10.3m) in a funding round led by Dawn Capital, with participation from former KPMG global head of audit Larry Bradley, to expand into the UK market. The…
TikTok's UK ad business, growing 40% year on year, faces a setback after Prime Minister Keir Starmer confirmed plans to ban under-16s from the platform. The proposed legislation targets multiple socia…
The EU's AI Act, effective August 2024, has stifled innovation by focusing on regulation while the US and China advanced in AI, leaving Europe behind. The UK, post-Brexit, has leveraged regulatory fre…
KRM22 has partnered with Sigma AI to integrate AI-driven news sentiment analytics into its risk management platform, enabling real-time market sentiment insights for capital markets clients. The colla…
Peel Hunt CEO Steven Fine said SpaceX's record $75bn IPO could reignite British retail investor interest in equity markets, citing high demand for shares allocated to UK investors and upcoming floats …