Babcock: British defence giant awarded £120m submarine deal supporting 250 jobs November 28, 2023 Since the Russian invasion of Ukraine, and more recently, the Israeli war with Hamas in Gaza, defence firms like Babcock have seen their order books increase
Nearly £40m raised by London and Cambridge autotech companies November 28, 2023 Two British autotech companies, Physicsx and Secondmind, have secured close to £40m in combined investment.
Google hires three top female execs to roles backing UK firms with AI tech growth November 28, 2023 Google has appointed three female senior new executives to drive forward the tech giant’s support for UK businesses. The search engine behemoth said the appointees will report straight to Debbie Weinstein, the vice president and managing director for Google UK & Ireland, and will help focus on the use of AI technology in growing British [...]
Euan Blair interview: Is Multiverse’s educational mission a reality? November 28, 2023 Euan Blair's educational firm Multiverse now makes the majority of its revenues from upskilling employees already in work. Has it abandoned its original mission?
Losses at Euan Blair’s Multiverse nearly triple in US growth push November 28, 2023 Losses at Euan Blair’s education start-up Multiverse nearly tripled last year as it ramped up its growth push in the US and pumped cash into new tech, accounts seen exclusively by City A.M. reveal.
Firmer AI rules could deliver investment boost, says science minister November 27, 2023 A lack of firm regulation is holding back investment in burgeoning technologies like AI and firmer rules are needed to make them “investable at scale”, the UK's science minister warned today.
BT and Aurelius walk away from Musicmagpie deal November 27, 2023 BT and Aurelius Group have both confirmed today they have no intention of making an offer for Musicmagpie
London keeps global tech crown ahead of New York with top marks in financial services November 24, 2023 New York weighs in second in Z/Yen Group’s eighth edition of the Smart Centres Index, with Singapore trailing behind in third.
Inside the techno-optimist cult influencing OpenAI’s Sam Altman November 24, 2023 If the Control Altman Delete and Undo saga demonstrated anything it was the tussle between AI development evangelists and prudent pro-regulation developers.
Government ‘sneaking through’ new bank data powers, campaigners warn November 24, 2023 Some have warned that the UK government is slipping through new laws with "minimal debate" as it looks to crack down on benefit fraud.