London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’ July 17, 2024 CultureAI's latest capital injection follows seed rounds of $4m (£3.1m) in 2021 and $5m (£3.8m) in 2023.
K3 Business Technology: Revenue slides after ‘sharply lower levels’ of activity July 17, 2024 K3 Business Technology Group, a provider of software solutions focused on fashion and apparel brands, has seen its revenue slide after a "sharply lower levels" of activity within its Global Accounts operation.
Sunak missed the mark on AI. Now it’s up to Starmer to do better July 17, 2024 While most companies do not want cumbersome rules, they do want clarity on the regulatory front, which is essential to provide businesses and consumers with certainty.
Microsoft hires from Inflection AI now under microscope from competition watchdog July 16, 2024 The CMA has set an 11 September deadline to decide whether the case will progress to a phase two investigation.
HSBC: UK’s AI startups on track to raise record-breaking £3.4bn this year July 16, 2024 The UK continues to be the premier European hub for startup innovation and investment, outpacing France and Germany combined in the first half of 2024.
FCA and UK payments regulator launch inquiry into ‘risks’ of Paypal, Apple and Google Pay July 16, 2024 It follows previous work by the PSR on contactless mobile payments and the FCA’s examination of big tech’s role in financial services.
Amazon Coventry workers await landmark union vote result July 15, 2024 A win by the GMB union would bolster their ability to address health and safety concerns at the Coventry warehouse.
Starling founder Anne Boden swaps bank for new AI venture July 14, 2024 Anne Boden stepped down from the board of Starling Bank in June but retains a stake understood to be just below five per cent.
System1: US sales soar as demand for advert testing continues to grow July 12, 2024 Ad testing firm System1 has seen its revenue soar following a jump in its US sales, marking an "exceptionally strong" start to its financial year.
CityFibre and Community Fibre ‘weighing up’ G Network swoop July 11, 2024 Cityfibre and Community Fibre are eyeing a takeover of smaller rival G Network, which connects hundreds of thousands of central London premises, according to reports.