Since SpaceX’s debut, hopes of a blockbuster IPO season have ground to a halt Markets It was hoped SpaceX’s blockbuster June flotation would add rocket boosters to the global IPO market. But four months on, momentum has come crashing back down to earth. Wall Street IPOs have slowed considerably since Elon Musk’s $75bn (£56.7bn) listing, damaging what was once expected to be a quarter chock-full of floats. Smart-ring maker Oura [...]
AI doom headlines aren’t spooking all investors Opinion Retail investors' response to AI doom headlines disproves the common notion that they move as a herd, writes Finimize CEO Carl Hazeley.
Beazley expands cyber cover for AI malfunctions and regulatory risks Insurance FTSE 100 insurance giant Beazley has launched a new cyber line for businesses that insures against unintentional regulatory non-compliance and financial and reputational losses as a result of AI system malfunctions. Speaking to City AM, the speciality insurer’s head of cyber risks, Alessandro Lezzi, said the move comes as the firm sees “AI changing the threat [...]
Cyber insurers consider limiting coverage as sector scrambles to price agentic AI risks September 24, 2026 The cyber insurance market is facing a turbulent time as agentic AI hacks pose new challenges and threats. City AM understands underwriters and insurers are considering limiting coverage until they can quantify the risk this tech poses and price it. Cyber insurance has been a fruitful market over the past few years, with a spike [...]
Legal AI giant Harvey picks London to lead pro bono push September 22, 2026 Legal AI firm Harvey has chosen London to launch a new product designed to help lawyers tackle pro bono work, as the US-headquartered start-up looks to accelerate its growth into new areas of the legal industry. The new pro bono offering, launched in London and available to Harvey’s customers in the UK, US and Australia [...]
Nscale vows stay in UK despite £35bn US stock market listing September 22, 2026 Nscale has vowed to keep Britain at the heart of its global expansion despite choosing New York over London for its blockbuster float, as the AI infrastructure firm looks to turn its UK base into an export hub for computing power. The Nvidia-backed firm believes jobs and expertise built in Britain can serve customers around [...]
Tony Blair warns leaders to resist growing AI ‘techlash’ September 21, 2026 Tony Blair has warned governments against bowing to a growing “techlash” over AI, arguing that slowing adoption could leave countries poorer and less secure as concerns over the technology mount. A report from the Tony Blair Institute (TBI), published on Monday, said political leaders in the US and UK were facing growing pressure to hold [...]
London AI infrastructure firm Nscale files for $35bn US listing September 20, 2026 Nscale has filed for an initial public offering in the US, as it looks to tap into AI’s growing demand for infrastructure. The Nvidia backed AI cloud provider is targeting a valuation of up to $35bn. The group will also launch a retail offering for UK investors, allowing them to purchase shares via Retailbook. The [...]
British AI firm Synthesia warns ‘sci-fi’ fears risk choking UK tech September 16, 2026 British AI firm Synthesia has warned that “sci-fi” fears over AI could lead to poorly designed regulation, as pressure grows on ministers to toughen the UK’s AI rules. Alexandru Voica, head of corporate affairs and policy at the London-based AI video company, told City AM there was “no evidence” for claims that AI was already [...]
If Britain stops believing in AI we’ll sabotage our own progress September 14, 2026 Britain faces an “AI belief challenge” driven by public skepticism over job losses and corporate greed, requiring companies to align technological progress with human interests, says Michael Hayman Technology companies at the frontier of AI development are rethinking the speed at which they improve the capabilities of their models. Safety is the focus. With it [...]