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      Fractile lands $220m as ministers hail ‘vote of confidence’ in UK AI

      Kanishka Narayan, prominent figure in the news, engaging in a public event or discussion, showcasing leadership and influe...

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artificial intelligence

  • Arm’s AI ambitions hit supply chain reality despite record revenues

    Tech

    Computing giant Arm has spent the last twelve months posing as one of the AI boom’s biggest beneficiaries, but the British chip maker’s latest results exposed that the semiconductor supply chain is lagging behind demand. The Cambridge-born company posted record quarterly revenues of $1.49bn (£1.09bn) and annual revenues of $4.92bn on Wednesday, marking its third [...]

    Advanced semiconductor chip with intricate circuit patterns and microcomponents, highlighting cutting-edge technology.
  • ‘Lacking motivation’ – UK employers worry about graduates’ attitude 

    Business

    Over half of employers are concerned over the professional conduct of graduate hires, according to new research. As many as 52 per cent of companies said they had increased time spent undertaking professional conduct training and supporting employees in the shift from education to employment, according to the Institute of Student Employers (ISE) The Institute, [...]

    GettyImages 452181854 showing a business conference with diverse professionals engaged in a panel discussion.
  • Samsung workers threaten strike over AI profits as market value hits $1 trillion

    Tech

    Samsung Electronics is facing the threat of a major worker walkout, after unions demanded a bigger share of the company’s AI-fuelled semiconductor profits. Two Samsung unions are pushing for a seven per cent pay rise and a bonus scheme worth 15 per cent of each division’s operating profits, with workers threatening an 18-day strike later [...]

    Samsung has missed earnings expectations
  • Britain is using AI, but wants a human boss

    May 6, 2026

    Brits are rapidly folding AI into everyday life, but remain wary of letting it make decisions on its own, according to new EY research that points to a trust problem at the heart of the UK’s AI push. EY’s AI recent sentiment index found 74 per cent of UK consumers have used AI in the [...]

  • UK businesses struggle with triple threat of costs, cyber risks and stagnant growth

    May 6, 2026

    The UK consulting sector is expected to grow by nearly 6 per cent this year, amid businesses facing ‘intensifying pressure’ from cost management, cyber security risks, and budget constraints. The Management Consultancies Association (MCA), which represents the consulting sector, has released a new report stating that heightened costs and strapped budgets are “the single biggest concern” for [...]

  • AMD stock soars as AI chip demand drives quarterly results

    May 6, 2026

    Advanced Micro Devices (AMD) sent its stock soaring after flying past Wall Street estimates for the first quarter of the year, thanks to swelling AI infrastructure demand. AMD shares rose 15 per cent after hours on Tuesday, after the Santa Clara-headquartered chipmaker reported $10.3bn revenue, up 38 per cent on the same period last year. [...]

  • OpenAI listing plans hit as Altman scraps robotics spin-off idea

    May 5, 2026

    Tech behemoth OpenAI internally shelved plans to spin off its robotics and consumer hardware divisions, as chief executive Sam Altman tightens focus ahead of a potential IPO that could value the company at up to $1 trillion (£737bn). The proposed restructure, as first reported by the Wall Street Journal, would have mirrored Alphabet’s model, separating [...]

  • UK carbon markets stand to get an AI boost

    May 4, 2026

    The connection between AI growth and carbon market demand is one the UK is well positioned to act on, writes Chris Hayward.

  • Legora lands Nvidia backing as Jude Law fronts campaign

    April 30, 2026

    AI legal tech firm Legora has secured fresh backing from Nvidia as part of a $50m (£37m) funding extension that pushes its valuation to $5.6bn. The Stockholm-based startup said the extension takes its total Series D round to $600m, with Nvidia’s venture arm NVentures and Atlassian joining as new corporate investors. Additional backing came from [...]

  • General counsel ‘evolving from traditional legal gatekeepers’, says KPMG’s legal arm

    April 29, 2026

    General counsel responsibilities are evolving beyond just providing legal oversight as regulations “become more complex and demanding”, according to a new report from the Big four giant KPMG’s Law arm. A whopping 75 per cent of the general counsels surveyed by the firm reported to be “frequently providing advice on issues outside of their legal [...]

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