Nexxen: Share price rises on record first quarter revenue and bumper buyback May 20, 2024 London-listed company Nexxen also said it has launched a $50m (£39.4m) share buy back programme on Monday.
Kainos: NHS supplier reports 14th year of growth as it ramps up use of AI May 20, 2024 Kainos, a key NHS supplier, warned of weak demand from commercial clients in April and this was reflected in bookings.
UK’s AI Safety Institute set to open in San Francisco May 20, 2024 The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.
Nvidia eyes strong first quarter results as analysts remain bullish May 19, 2024 This AI hype has enabled Nvidia to annihilate consensus sales and profit forecasts in all four quarters of the financial year 2024.
Pragmatic: ‘More to be done’ says boss of British chipmaker May 19, 2024 The chief of Pragmatic has said good progress has been made but there is "more to be done" to support Britain’s semiconductor industry.
Euan Blair shrugs off Multiverse troubles to become one of Britain’s richest people May 17, 2024 Tony Blair’s son Euan has appeared on a list of the richest Brits for the first time on the back of a hefty stake in his educational tech ‘unicorn’ Multiverse.
GSK raises £1.25bn as it offloads final stake in Haleon May 17, 2024 The move separates the companies after a carve-up twoo years ago that saw GSK spin off and float its consumer arm as Haleon, amid fears the division was weighing on the growth of its dedicated healthcare business.
Getir suppliers allegedly left unpaid as rapid delivery firm races for the exit May 16, 2024 Rapid grocery delivery firm Getir has allegedly left some of its UK suppliers with huge unpaid bills after scrambling to exit its international markets over the past month, City A.M. understands.
Why pension trustees need to embrace a ‘win-win’ and back British firms May 16, 2024 Pension trustees must embrace a “win-win” and begin backing Britain’s homegrown tech companies if younger Brits are to retire with comfortable pension pots, the founding chief of the British Business Bank has warned.
Labour to launch AI strategy within a ‘couple of weeks’ as election priming continues May 15, 2024 Peter Kyle, Labour's shadow technology secretary, yesterday evening teased an audience of business leaders with the party's AI plans.