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AI

  • Dexory auditor raises evidence concerns as robotics firm losses widen

    April 1, 2026

    Auditors for Dexory have issued a rare warning over gaps in its financial records after the British robotics firm Dexory reported surging revenues alongside deepening losses. In newly filed accounts, auditors at Moore Kingston Smith said they were “unable to obtain sufficient appropriate audit evidence regarding the stock quantities”, adding they could not determine whether [...]

  • Is AI slowing your business down?

    April 1, 2026

    Plenty of companies have now completed their AI experimentation stage. It's the need to now commit that's slowing them down.

  • Britain’s most AI-exposed sectors foot biggest tax bill

    March 31, 2026

    The UK sectors most exposed to artificial AI are concentrated in the same parts of the economy that generate the bulk of tax revenues, according to government and industry data. A 2026 assessment from the UK government shows AI is most applicable to tasks involving data processing, analysis and routine cognitive work, activities concentrated in [...]

  • Exclusive: Databricks commits $850m in vote of confidence for UK tech

    March 31, 2026

    Databricks is pouring more than $850m (£644m) into the UK over the next three years, City AM understands, in a major vote of confidence in Britain’s position as a European AI hub. The US data and AI group said it would quadruple its London office footprint with a new 137,000 sq ft headquarters in Fitzrovia, [...]

  • China overtakes UK in AI talent race

    March 30, 2026

    China is overtaking the UK in the global race for AI talent, as a growing share of the world’s leading researchers are trained and retained domestically rather than moving to Britain or Europe. Data cited by The Economist shows that at the 2025 conference on Neural Information Processing Systems, half of all presenting researchers began [...]

  • OpenAI investor calls for tax overhaul as AI reshapes jobs market

    March 29, 2026

    An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]

  • Will AI replace gambling as Premier League front-of-shirt preference?

    March 29, 2026

    AI companies have set their sights on sports. The Premier League already has competition-wide AI deals with Microsoft and Adobe, and recently Chelsea FC cut a front of shirt deal with industrial AI company IFS.  These firms are in an extraordinary period of growth, and they have deep pockets to elevate their brands. They know [...]

  • Next unveils huge development in £2.5bn economy boost

    March 26, 2026

    Retail giant Next has unveiled a huge new development which it says will add £2.5bn to the economy, as the FTSE 100 firm invests over £300m in its warehouses. The firm has been granted planning permission to build a new 1.2m sq ft warehouse in its Elmsall complex in Yorkshire, with construction set to commence [...]

  • Next: Iran war costs retailer £15m and could push up prices

    March 26, 2026

    High street giant Next has said it will take a £15m hit from the soaring air freight and fuel prices caused by the Iran war, as it races to make savings elsewhere to offset the costs.  The FTSE 100 firm said it expects the conflict to constrain its growth in the Middle East, which accounts [...]

  • Arm is opening a chip shop. This could be transformative

    March 26, 2026

    Fascinating news came on Tuesday night that semiconductor designer Arm confirmed rumours that it would be launching its own chip. For those not in the know, Cambridge-based Arm has so far only focused on semiconductor architecture – the blueprint that determines how chips work – and then licences that out to tech firms who choose [...]

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