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AI

  • Anthropic subscriptions overtake OpenAI in the UK, fresh data suggests

    August 14, 2026

    Spending on Anthropic subscriptions has overtaken OpenAI in the UK for the first time, fresh data suggests, as the firm’s focus on enterprise customers helped boost its revenues. Anthropic accounted for as much as 54 per cent of all UK business spending on AI firms in the three months to July, compared to just 27 [...]

  • Aviva profits jump following Direct Line acquisition

    August 14, 2026

    FTSE 100 insurance giant Aviva reported its operating profit for the first half of this year to be up 24 per cent, driven by the group’s “strong progress” following its acquisition of Direct Line in 2025.  The London-listed insurer, which offers home, car, and life insurance in the UK and serves approximately 25 million customers, [...]

  • Legora eyes $10bn funding valuation four months after last raise

    August 13, 2026

    AI legal tech firm Legora is eyeing a new funding round as it aims for a $10bn valuation, nearly double the $5.6bn it raised in April. The Stockholm-based startup, which creates AI tools for law and professional services firms and corporate in-house legal teams to draft and review documents, is reportedly in the early stages of [...]

  • Capgemini MD: London must keep reinventing itself

    August 13, 2026

    Each week, we dig into the memory bank of the City's great and good. Today, Capgemini UK MD Rob Walker takes us through his career in tech.

  • Meta glasses court ban sparks privacy warning for City businesses

    August 13, 2026

    Meta’s controversial smart glasses have been banned from courthouses across England, prompting lawyers to sound the alarm for businesses about growing legal risks surrounding the wearable tech. Earlier this week, it was revealed that His Majesty’s Courts and Tribunals Service (HMCTS) had confirmed that camera glasses were banned from its sites across England and Wales. [...]

  • Corgi Cafe: My day at London’s 24/7 hub for tech bros

    August 13, 2026

    San Francisco startup Corgi is offering hustling Londoners a place to grind 24/7. Anna Moloney dares to go inside.

  • Does the real economy care that much about AI?

    August 13, 2026

    Take your pick of alarmist projections about the future of the global economy from top tech leaders. Monzo’s founder, Tom Blomfield, reckons unemployment will surge over the next five years as more and more human output is replaced by AI. Elon Musk reckons it will be near 100 per cent in a decade.  But projections [...]

  • AI gold rush leaves accountancy firms exposed to costly cyberattacks

    August 12, 2026

    Accountancy firms are pouring millions of pounds into AI, but the industry forgot to modernise security systems and is leaving itself exposed to costly cyberattacks. According to a report by software company Fastly, shared with City AM, more than 75 per cent of businesses that identified as AI-first, meaning they had integrated AI into core [...]

  • Beware the AI holiday let

    August 12, 2026

    AI is increasingly being used to manipulate adverts for holiday lets. It’s not just horrible for holidaymakers, it could get landlords in trouble with the law, says Alex Poplawska With the summer holidays upon us, many will be heading out on staycations and weekend getaways, but some landlords are taking ‘dream holiday’ too far by [...]

  • London AI car firm records surge in revenue on demand for driver-tracking software

    August 11, 2026

    Car tech firm Seeing Machines has accelerated into profitability after new European safety legislation triggered a surge in demand for its driver-tracking software. The AIM-listed group, which builds camera and AI software that tracks drivers’ eyes and heads in real time, reported a 45 per cent jump in revenue to $76.3m, up from $52.8m the [...]

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