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AI

  • AI minister: UK sets sights on global AI leadership, not Silicon Valley emulation

    July 15, 2026

    AI minister Kanishka Narayan said the UK must build enough domestic AI capability to “shape our own destiny” rather than rely on overseas tech giants as the government accelerates its push to develop sovereign AI infrastructure. Narayan told City AM that AI had become “the defining currency” of geopolitical and economic power, arguing that the [...]

  • Energy minister says AI must ‘bring down bills’ as data centres squeeze the grid

    July 15, 2026

    Power-hungry data centres must help bring down bills rather than place further strain on Britain’s squeezed electricity network, the energy minister has said. Michael Shanks warned public support could drop for the rapid expansion of AI infrastructure unless households saw a clear economic benefit. “We need to deliver energy security here at home, but we [...]

  • Crown Prosecution Service caught using AI hallucination evidence

    July 15, 2026

    British courts have had to deal with yet another case of ‘AI hallucination’ evidence – this time from the agency responsible for conducting criminal prosecutions. The Crown Prosecution Service (CPS) issued two apologies to the High Court after it was found to have submitted documents in an extradition appeal citing two “non-existent” legal cases. The [...]

  • AI startup boss warns UK cannot become ‘dependent’ on overseas tech

    July 15, 2026

    UK AI infrastructure company Valarian has raised $50m (£37m) in fresh funding as its boss said countries should focus on controlling AI infrastructure rather than competing to build their own frontier models. The Series A round, led by Silicon Valley investor New Enterprise Associates (NEA), takes the London firm’s total funding to $70m and marks [...]

  • AI is driving a VC investment boom

    July 15, 2026

    The UK has landed some of the biggest megadeals in history, but it must double down on tech investment to keep its crown, says Nicole Lowe The UK is currently riding on the crest of a wave of near-record-breaking levels of venture capital investment and I’m delighted that it shows no sign of coming to [...]

  • Bank of England warns Burnham of UK economy’s ‘big issue’

    July 14, 2026

    The Bank of England has warned Andy Burnham that economic growth remains the “big issue” facing the UK economy as he prepares to take the keys to Number 10. Andrew Bailey, the central bank governor, told policymakers on Tuesday that the UK has had “low growth for the best part of 16 to 17 years”. [...]

  • Top investors managing $3tn to gain access to UK infrastructure projects via AI platform

    July 14, 2026

    Top global investors managing around $3 trillion in assets will be given access to “fragmented” British infrastructure projects under plans for an AI platform designed to fix the industry’s investment woes. Both national and regional projects will be connected to trillions of global capital through the AI platform, dubbed InvestConnect, in a bid to accelerate [...]

  • Grid delays force Starmer-backed AI data centre to seek alternative power

    July 13, 2026

    One of the UK’s flagship AI infrastructure projects is being forced to source its own energy supplies after discovering it would not be granted grid connection in time for its eagerly anticipated opening. Nscale, the British AI unicorn backed by Nvidia, is now looking beyond conventional electricity connections for its flagship £2bn data centre in [...]

  • Monzo founder joins Anthropic as AI talent race heats up

    July 13, 2026

    Monzo co-founder Tom Blomfield has joined Anthropic, as the US AI giant steps up its recruitment drive for senior tech leaders. Blomfield announced on Monday that he is taking a leave of absence from Silicon Valley startup accelerator Y Combinator to join Anthropic’s compute team, where he will work alongside co-founder Tom Brown on the [...]

  • Burnham has a chance to build trust in AI

    July 13, 2026

    The biggest risk to the continued success of the UK tech ecosystem isn’t the plight of founders, it’s the risk of a backlash that comes from a lack of trust, says Euan Blair Andy Burnham wants to reset AI policy away from championing global scale ups and founders in favour of UK workers. As a [...]

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