UK tech scene continues to defy pessimists with three new unicorns this year December 12, 2023 The UK's tech boom continues with three new unicorn startups this year, according to new data by Pitchbook.
Tesla: Ex-Musk adviser and classmate among trio to head London-listed battery developer December 11, 2023 A trio of former Tesla executives are set to take charge of the London-listed battery and electric motor developer DG Innovate.
Is Adobe set to top forecasts again? December 11, 2023 Adobe could be ending 2023 on a high, having consistently topped Wall Street predictions in every quarter so far this year.
EU agrees landmark deal on world’s first Artificial Intelligence Act December 9, 2023 European Union negotiators have clinched a deal on the world’s first comprehensive artificial intelligence rules. The agreement paves the way for legal oversight of technology used in popular generative AI services such as ChatGPT that has promised to transform everyday life and spurred warnings of existential dangers to humanity. Negotiators from the European Parliament and [...]
CMA invites comments on Microsoft and OpenAI partnership impacting UK’s competition December 8, 2023 The CMA is inviting comments on whether the partnership between Microsoft and OpenAI has "resulted in a relevant merger situation".
Investors express concern about Mike Lynch’s influence at Darktrace December 8, 2023 At Darktrace's annual meeting, 56.67 per cent of shareholders voted against the election of Patrick Jacob as a non-executive director.
Kin and Carta shares surge on upgraded £220m takeover deal December 7, 2023 Kin and Carta said it will now receive £220.3m, rather than the previously proposed £203m, from private equity heavyweight Apax Partners.
UK takes battle to France with ‘audacious’ Paris tech ad campaign December 7, 2023 In the latest blow to French honour - after Oliver Stone gave Napoleon an American accent - the UK is pitching for French techies to move to London
Google releases new AI model Gemini – but not in the UK December 6, 2023 Google has unveiled its latest AI model, Gemini, but it must get regulatory approval before it becomes available in the UK.
UK Infrastructure Bank to create 500 ‘highly skilled jobs’ with £60m investment into British chip company December 6, 2023 The UK Infrastructure Bank (UKIB) has announced it is ploughing £60m worth of equity into Pragmatic Semiconductor.