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
Elon Musk says his Trump attacks “went too far” June 11, 2025 Elon Musk said on Wednesday he regrets a series of social media posts attacking US President Donald Trump, suggesting a potential truce in what had become one of the most volatile public splats between two of the Republican party’s most powerful influencers. “I regret some of my posts about President Donald Trump last week. They [...]
Spending Review: Reeves piles billions into tech as firms cool on UK June 11, 2025 Chancellor Rachel Reeves bet heavy on tech and innovation in her maiden Spending Review, in a week that saw a trio of tech firms depart from the London Stock Exchange. Reeves hiked research and development funding to a record high of £22.6bn per year by the end of the Spending Review period. She doubled down [...]
Salesforce: Labour’s AI plan won’t work without skills push June 11, 2025 The UK could fall short of its economic growth ambitions unless it accelerates investment in workforce skills to match the rapid expansion of AI technologies, Salesforce has warned. This statement comes following the UK government and leading tech firms unveil major plans to enhance the country’s AI capabilities. At the opening of London Tech Week [...]
Darktrace: Most firms dangerously exposed to AI cyber threats June 11, 2025 As artificial intelligence rapidly reshapes the cyber security landscape, many businesses remain dangerously under-prepared, missing foundational practices while rushing to adopt AI tools. At London Tech Week on Tuesday, top industry and government voices in the space warned that without getting the basics right, even the most advanced AI solutions won’t be enough. This announcement [...]
Exclusive: Coinbase to ‘hire like crazy’ in the UK June 11, 2025 Coinbase is ramping up its UK presence with plans to hire more staff and deepen investment, as the country moves towards a new era of crypto regulation and increasing mainstream adoption. “We’re going to be hiring like crazy in the UK”, Coinbase’s UK lead Keith Grose told City AM, before adding that London will continue [...]
London Tech Week: Astrazeneca’s AI push could take humans out of the loop June 10, 2025 Astrazeneca unveiled an ambitious overhaul of its manufacturing and supply operations driven by deep tech, AI, and what it called a “self-healing” supply chain at London Tech Week. The firm claimed it’s laying the groundwork to become one of the top 10 most innovative and sustainable supply chains globally by 2030. But while the vision [...]
Tech secretary Peter Kyle recycles old announcements at London Tech Week June 10, 2025 Technology secretary Peter Kyle addressed London Tech Week on Tuesday, reiterating Labour’s previously announced plans for the tech sector, adding only one AI drug discovery project. In a keynote that focused heavily on risk and innovation, Kyle said Labour was committed to “progressive change to build a modern economy and an opportunity society for Britain”. [...]