Fraud prevention firm SEON raises $80m amid growing compliance demands September 16, 2025 SEON, an AI-driven fraud prevention and compliance platform, has closed an $80m (£58.7m) Series C funding round led by Sixth Street Growth, bringing total investment to $187m. The company, based in Budapest and Austin, analyses tens of millions of customer interactions daily for clients including Revolut, Plaid, Spotify, Afterpay, and Entain. Its platform, delivered via [...]
AI home care saves NHS and government over £1bn September 16, 2025 Cera, the UK’s largest HealthTech home care provider, has announced that its AI-backed social care model has saved the NHS and government over £1bn to date, according to a new analysis. The preventative care model leverages AI to reduce avoidable hospital admissions, cut emergency attendances and ambulance call-outs, and prevent costly referrals into residential care. [...]
£1bn AI home care savings spotlight urgent need for public sector tech reform September 16, 2025 The NHS and government have saved more than £1bn to date thanks to an AI-driven approach to home care. HealthTech innovator Cera, which employs 10,000 carers and nurses delivering 2.5 million home visits per month, has developed predictive AI tools aimed at reducing avoidable hospital admissions, A&E attendances, and costly residential care referrals. Dr Ben [...]
Google pledges £5bn investment as it opens first UK data centre September 16, 2025 Google has pledged to invest £5bn into the British economy as it opens its first owned and operated data centre in the UK. The tech giant said the investment, which comprises capital spending and research and development over the next two years, will bolster its AI-powered projects in science and healthcare, creating more than 8,000 [...]
Trump signals TikTok deal as US operations hinge on agreement September 15, 2025 President Donald Trump has suggested that the United States and China have reached a deal on the future of TikTok, the viral video platform owned by Chinese firm ByteDance. Trump said on his own social media platform, Truth Social, that trade talks in Spain “went very well”, and that a deal was reached regarding “a certain company [...]
Elon Musk’s payday could top $1tn with Tesla shares deal September 15, 2025 Elon Musk, already the world’s richest man, is at the centre of a corporate controversy after Tesla’s board proposed a $1tn (£820bn) compensation package – the largest in corporate history. The ten-year plan, designed to incentivise Musk to focus on his EV business, would reward the chief executive with 12 tranches of shares, if Tesla [...]
OpenAI: The Big Tech that took your job wants to get you a new one September 15, 2025 London’s job market is feeling the squeeze. Permanent hires fell for the fifth month in a row, while temporary placements have tumbled for the twentieth consecutive month, according to KPMG and the Recruitment & Employment Confederation (REC). Rising costs, tax raids, and the ongoing impact of AI on entry-level roles have left employers cautious and [...]
EU Data Act: Stricter standards for smart devices and cloud services September 12, 2025 The European Union (EU) Data Act, which is designed to boost the region’s data economy and support a more competitive market, is the latest piece of legislation putting technology under the spotlight. With this new law, the EU aims to build an internal market where data can move freely, unlocking more opportunities for businesses, individuals, [...]
Law firm Freshfields kicks off paralegal redundancies September 12, 2025 Top British law firm Freshfields has kicked off a round of redundancies targeting paralegals in its Manchester office. According to a legal trade publication, Roll on Friday, paralegals in the Manchester office were summoned to a meeting last week titled “Important Update.” According to sources, the firm plans to axe about half of its junior [...]
Two in five financial services firms lack safe AI controls September 11, 2025 As the financial services industry piles billions of pounds into artificial intelligence (AI), firms are lacking adequate measures to maintain safe usage, according to new figures. Fresh data from Big Four accountancy giant EY reveal 26 per cent of companies have no or limited controls in place to ensure AI systems adhere to laws and [...]