OpenAI-backed fintech raises $1.6m to tackle regulation Tech A London fintech backed by employees of OpenAI and some of the world’s biggest banks has raised $1.6m (£1.2m) to help financial firms navigate mounting regulatory requirements using artificial intelligence. Relace, founded by a former lawyer and an AI engineer, has secured the pre-seed funding in a round led by Boost Capital, with backing from [...]
‘Expect to be spied on’: MI5 chief warns UK tech startups over foreign threats Tech British tech startups should expect to be targeted by foreign spies, the head of MI5 has warned, as the security service ramps up efforts to tackle cyberattacks and the growing national security risks posed by AI. Sir Ken McCallum, director general of MI5, has urged British businesses to strengthen their cyber defences, warning that hostile [...]
BT launches AI cyber defence service as UK faces growing attack threat Telecoms BT is stepping up its efforts to tackle AI-powered cyber attacks through its partnership with Microsoft, as British businesses face mounting pressure to shield themselves against increasingly sophisticated threats. The telecoms giant is seeking to capitalise on growing demand for outsourced cyber security, as companies struggle to keep pace with attacks that are becoming faster [...]
How to prevent the next Asos? Give businesses cybersecurity tax relief October 9, 2026 With Asos just the latest to be the victim of a cyber hack, it's time for the UK to start incentivising businesses to up their security.
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 [...]
Darktrace says Anthropic was right to pause Mythos on ‘security and safety’ grounds July 7, 2026 Darktrace has backed Anthropic’s temporary restrictions on its most advanced AI models, arguing the move was about safety rather than shutting Britain out of its frontier model. Nicole Carignan, Darktrace’s SVP of AI and security strategy, told City AM the short-lived curb on Anthropic’s Mythos and Fable models should not be read as a straightforward [...]
The real AI risk isn’t job losses, it’s who can see what June 30, 2026 Beyond the fearmongering, it’s a more mundane AI threat that will be making waves in boardrooms, writes Paul Armstrong.
‘Safe’ version of Anthropic’s Mythos model hits market June 10, 2026 Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution. Fable 5 is being rolled out via Anthropic’s interace, but the launch comes with strict limitations. The San Francisco-based AI titan [...]
The AI Summit London turns 10 as businesses move past the AI hype cycle June 3, 2026 A decade ago, AI conferences were still largely populated by researchers and a relatively small group of technologists trying to convince businesses the technology would eventually matter. But this year’s AI Summit London arrives in a very different climate. The event, which returns to Tobacco Dock on 10 and 11 June as part of London [...]
The Debate: Should CEOs be held personally accountable for cyberattacks? June 3, 2026 Is bad management to blame for cyberattacks? And even if not, should bosses be held accountable? We hear the case for both sides.