SXSW London 2025: How will AI change the UK tech space? June 13, 2025 Last week, City AM's Saskia Koopman attended SXSW London 2025, where she had the opportunity to speak to some of the world's leading figures in the tech space.
Bank of England loses hundreds of laptops amid rising cyber threats June 13, 2025 The Bank of England has come under fire after losing hundreds of tech devices worth nearly £300,000. Figures seen by City AM reveal the Bank of England lost or had stolen over 300 laptops, tablets and phones between May 2022 and March 2025. Patrick Sullivan, chief executive of think tank Parliament Street, said: “The Bank [...]
Airbnb gets into bed with Fifa with last-minute Club World Cup deal June 13, 2025 Fifa has signed up Airbnb as a last-minute commercial partner for the Club World Cup, which starts tomorrow in the US. Airbnb will offer “official fan accommodation” as part of a three-year deal with Fifa that also includes next summer’s men’s World Cup, which the US is co-hosting with Canada and Mexico, and the 2027 [...]
Agentic AI set to transform tech roles, McKinsey warns June 13, 2025 Agentic AI is poised to shift software engineering from manual coding to high-level orchestration, which is set to transform tech roles according to a McKinsey executive. Speaking at Viva Tech Paris on Thursday, Stéphane Bout, the firm’s France leader and senior partner at QuantumBlack, AI – McKinsey’s data and analytics branch – said the software industry is [...]
KPMG: The real AI bottleneck isn’t tech, it’s humans June 12, 2025 The challenge with AI is no longer about whether the tech works, but whether the people and processes around it are ready, claimed business and tech leaders at KPMG’s panel at Viva Tech Paris. “We see the potential”, said Nicole Buttner, chief executive of Melantec and general secretary of Germany’s MPP party. “But it’s like [...]
Samsung Galaxy S25 Ultra review: sleeker, shinier, faster June 12, 2025 How much more powerful can an Android phone get? Samsung’s newest model, the Galaxy S25 Ultra, comes packed with all sorts of bells and whistles, but this time in a trimmer case. It is a lighter and sleeker beast than previous models, while also managing to keep one of its flagship features, the S-Pen. Delving [...]
L’Oréal claims creative jobs are safe despite its new artist AI June 12, 2025 L’Oreal has insisted that human creativity remains essential, despite announcing its new partnership with Nvidia on Wednesday, which will be used to scale up AI-driven production across creative sectors like content creation. At the Viva Tech conference in Paris, the French beauty giant unveiled an expansive plan to roll out Nvidia’s AI enterprise platform across [...]
Halma: FTSE 100 giant books record revenue and ups dividend June 12, 2025 Safety and equipment maker Halma notched a record year after its diversified business model powered growth across sectors amid a tough global backdrop. The 130-year-old FTSE 100 firm recorded an 11 per cent jump in revenue to £2.2bn, which came after the business’s revenue for the first six months of the financial year topped £1bn for the first [...]
Nvidia’s Jensen Huang: ‘Praise and promise are useless’ without UK AI infrastructure June 12, 2025 “Praise and promise are completely useless” without AI infrastructure, Nvidia’s chief executive, Jensen Huang, told City AM when asked about the effusive comments he made on Britain’s AI capabilities just a couple of days prior. At London Tech Week on Monday, the tech heavyweight dubbed ‘AI godfather’ lauded the UK’s AI talent, but flagged a critical lack [...]
Law isn’t like other professions; misusing AI may put lawyers in jail June 12, 2025 Lawyers were slapped with the reality that when AI goes wrong, they will be liable for it, and may face serious consequences