How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Cambridge tech firm Checkit halves losses as it eyes profitability February 15, 2024 Software company Checkit has said its path to profitability is moving faster than expected, after it has halved losses year on year.
Airbnb ‘reinventing’ itself with £4.8bn share buyback as it looks to go ‘far beyond travel’ February 14, 2024 Airbnb has said it is expanding beyond its core services and has revealed a $6bn share buyback scheme amid mixed results.
Arm shares double in three days as investors cheer company’s AI-driven earnings boom February 13, 2024 Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.
Gresham Technologies wins ‘strategic’ data contract ahead of US expansion February 13, 2024 Software company Gresham Technologies has secured a contract worth $1.5m (£1.2m) for its Clareti Control platform, designed to help financial institutions control their data.
Tech secretary working to ease UK access to Horizon Europe funding February 12, 2024 Tech secretary Michelle Donelan has said she is working to make it easier for British companies to access Horizon Europe funding as the UK looks to secure its science 'superpower' status.
Google in talks to participate in Lloyd’s of London captive syndicates February 12, 2024 US tech giant Google is reportedly in talks to participate in the City's insurance and reinsurance market via a captive.
UK should resist ‘over-regulating AI’: Founder of British tech start-up hailed by Sunak as ‘revolutionary’ February 12, 2024 The founder of a fast growing British tech startup, RobinAI, has said he believes the UK should resist over-regulating AI.
How widening losses at delivery tech platform Sorted led to £66.73 rescue deal February 12, 2024 Losses neared £30m at delivery tech platform Sorted ahead of it being bought just £66.73 in a reverse takeover deal, it has been revealed.