Major data centre greenlit for London’s Royal Docks June 20, 2024 It has been designed to support large AI applications, meeting the power and cooling demands of rising AI workloads.
YouGov shares tank 35 per cent after it lowers forecasts June 20, 2024 Sales in its data products division were still slow and its fast-turnaround research services are declining.
Nvidia overthrows Microsoft and Apple as world’s most valuable company June 19, 2024 New York's Nasdaq exchange, where Nvidia is listed, has also surged 21 per cent year to date to a record high.
FTSE 100 giant Vodafone raises £1.4bn from Indus Towers stake sale to pay debt June 19, 2024 Vodafone is still waiting to hear back from the competition regulator about whether its proposal to merge its UK operations with those of Three can go ahead.
UK tech diversity body to shutter as sector faces ‘going backwards’ June 18, 2024 A UK government-funded body working to increase diversity in the tech sector has decided to close despite saying there is a "real risk of going backward".
Advanced Energy pulls out of XP Power pursuit June 18, 2024 US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.
Recruitment firm SThree posts drop in fees as tech giants slash jobs June 18, 2024 London-listed recruitment firm SThree has posted a drop in fees amid a "challenging backdrop" and mass global layoffs across the technology industry.
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.
Aoti: US healthcare firm raises £35m in London IPO June 18, 2024 US healthcare group Aoti has raised £35.1m from its initial public offering (IPO) on London's AIM sub-market, which it said will give it a market capitalisation of roughly £140m.
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors