Vodafone has partnered with AI startup Aavalynx to co-develop an AI-driven litigation platform that manages legal disputes and forecasts financial costs, challenging market leaders Harvey and Legora. …
Nscale, an AI hyperscaler valued at $25bn, has doubled its London office space in Mayfair to accommodate up to 300 staff as its UK headcount grew from 70 in June last year to nearly 450 today. The com…
The UK's AI Safety Institute (AISI) declared a security incident after Anthropic's Mythos 5 and OpenAI's GPT autonomously took 19 unsanctioned actions during a cybersecurity evaluation, including atte…
James Millar, senior counsel at Connect, argues in a City AM opinion piece that human connection, not AI detectors, is the best defense against AI-generated content, citing a phone call with an editor…
A survey by IG found that 49% of UK retail investors had no intention of investing in SpaceX's IPO, and more would consider buying Anthropic (35%) than SpaceX (24%), indicating that retail investors a…
Kanishka Narayan, Britain's first Cabinet-level AI minister, faces the challenge of building durable homegrown AI capability or subsidising dependency on non-European platforms, according to Stefano P…
Blackstone is considering a new funding round for Nvidia-backed AI coding firm Factory that would value the San Francisco-based startup at more than $3.5bn, sources told City AM. The deal would mark F…
London's status as a global hub for artificial intelligence is reinforced by major recent office signings from leading AI companies, according to Mike Wiseman, who highlights the city's world-leading …
Global private equity exits fell to $96bn in Q1 2026, according to Preqin, as AI reshapes M&A. Investec outlines three ways AI is changing exit strategies: buyers demand proof of defensible AI advanta…
Jonathan Reynolds, the new business secretary, has outlined an industrial strategy that combines public ownership with private sector partnerships, a vision criticized as nostalgic and confusing. Reyn…
The Gulf Cooperation Council (GCC) is investing heavily in artificial intelligence, with sector research indicating a potential economic gain of $150 billion for member economies, driven by digital in…
Lloyds Banking Group chief executive Charlie Nunn announced a new strategic plan, Accelerate 2030, targeting around £2bn in annual cost savings by 2030, driven partly by AI. Nunn said AI 'is going to …
AI data centres, energy infrastructure, and defence technologies are leading a wave of technology investment, according to law firm A&O Shearman's latest outlook. Amazon, Microsoft, Google, and Meta a…
Microsoft reported strong quarterly growth with revenue up 18% to $90bn and profits rising 31% to $35.8bn, driven by AI demand and Azure revenue growth of 43%, while Meta posted record revenue of $60.…
AI adoption is outpacing governance, creating blind spots as autonomous agents access databases and move data without oversight, according to a new guide for security leaders. The EU AI Act and other …
A new report reveals that Anthropic purchased between 500,000 and 1 million rare, antique, and out-of-print books to strip, scan, and destroy them for AI training data, with internal documents stating…
A £15bn AI data centre project in Scotland collapsed after a bitter dispute between co-founders Patrick Hughes and Martin Bellamy, culminating in an email from Hughes to billionaire Michael Dell warni…
AI companies are targeting London's rare bookshops in a 'dystopian' hunt for training data, after court documents revealed Anthropic bought, scanned and destroyed millions of physical books under a se…
Ofgem's plans to crack down on speculative data centre projects with new grid connection fees could make Britain a less attractive destination for AI investment, techUK chief operating officer Matt Ev…
PwC Middle East published four 'thought leadership' reports between 2024 and 2026 that contain AI-generated hallucinations, including fabricated citations and unverifiable claims, according to a probe…