Allbirds shares rockets as shoe brand pivots to AI April 16, 2026 Shares in Allbirds surged by over 580 per cent after the struggling shoe brand unveiled a dramatic pivot into AI, betting on soaring demand for tech infrastructure to revive its fortunes. The Nasdaq-listed firm said it had secured $50m (£37m) in convertible financing to shift into an ‘AI compute infrastructure’ business, focusing on buying high-performance [...]
IBM: AI adoption stalls as UK businesses lack clear strategy April 10, 2026 UK businesses are adopting AI at a pace, but many are still struggling to convert that momentum into real, meaningful financial returns. According to IBM’s Race for ROI study, 66 per cent of British enterprises report significant productivity improvements from AI, with 63 per cent of senior leaders citing noticeable efficiency gains post-adoption. There seems [...]
China overtakes UK in AI talent race March 30, 2026 China is overtaking the UK in the global race for AI talent, as a growing share of the world’s leading researchers are trained and retained domestically rather than moving to Britain or Europe. Data cited by The Economist shows that at the 2025 conference on Neural Information Processing Systems, half of all presenting researchers began [...]
London AI security startup raises $15m as threats rise March 9, 2026 A London startup building AI tools to help protect critical infrastructure and public venues has raised $15m (£11.8m) in funding as governments across Europe step up security measures. Augur said the seed round was led by Plural, with participation from First Kind, SNR, Flix and Tiny VC. The company’s platform connects with existing cameras and [...]
Autonomous vehicle firm Oxa taps BP, Nvidia in $103m funding round March 4, 2026 British autonomous vehicle firm Oxa has raised $103m (£77m) in a fresh funding round after attracting support from the world’s most valuable tech firm, Nvidia. The Oxford-based business, formerly known as Oxbotica, completed the Series D raise with backing from the government’s National Wealth Fund as well as from the venture arm of energy giant [...]
Money Supermarket doubles down on AI in push to placate investor fears February 24, 2026 Money Supermarket’s owner has doubled down on its commitment to AI after investor anxieties that the technology could erode its business sent the stock tumbling earlier this month. FTSE 250 firm Mony, which owns the price comparison site alongside news website Money Saving Expert and vouchers business Quidco, said it was “shifting to mandation” for [...]
Nearly 100 per cent of sport organisations plan to increase AI use February 19, 2026 Nearly 100 per cent of sports organisations plan to increase their use of AI in the next year, according to the 2026 Global SportsTech Report. The data comes as artificial intelligence’s presence across sport has increased monumentally over recent seasons. The study, undertaken by SportsPro and Sportradar using sports organisations across the industry, states that [...]
Most people have no idea how good AI is – and they’ll be the first to go February 12, 2026 A viral post from an AI investor warns most people have no idea how good AI is, or how quickly it will come for their jobs. Will it come for mine? Maybe. A couple of weeks ago I looked at the essay written by Anthropic’s co-founder in which he expressed his fears that humanity won’t [...]
Am I going to be replaced by AI? February 12, 2026 With each passing day it seems another sector suffers an AI-induced wobble on the stock market. We saw the large data companies lose billions in value when a new legal-focused AI tool was launched; we saw the owners of consumer and personal finance platforms take a hit as AI agents upped their game; and yesterday [...]
Anthropic’s new tool raises bar for legal AI startups February 5, 2026 A dramatic shift is underway in the legal tech landscape as AI advancements disrupt traditional industry leaders. This comes as the traditional research and analytics software businesses saw billions wiped out from their market share this week after Anthropic announced its new AI. San Francisco-based AI giant Anthropic, the firm behind chatbot Claude, revealed on [...]