Relx defies AI disruption fears as growth holds firm Tech FTSE 100 data giant Rex has reported a jump in sales growth as demand for its AI-powered products continues to rise, defying fears that the technology could threaten its business. The London-listed group, which owns legal research platform Lexisnexis, said on Thursday that underlying revenue rose seven per cent in the first nine months of [...]
AI giant Perplexity taps London startup Valarian in sovereign tech drive Tech US AI giant Perplexity has struck a deal with London-based startup Valarian to bring its technology into the UK government and defence systems, a major boost to Britain’s ambition to reduce its reliance on foreign tech infrastructure. The partnership will let governments and businesses handling sensitive information deploy Perplexity’s AI within their own infrastructure, keeping [...]
Microsoft pulls out of Nscale deal for UK’s largest AI data centre Tech Microsoft has pulled out of plans to build the UK’s largest AI data centre in a deal with Nscale. The global tech giant, which had previously planned to fund a supercomputer at the site, has ended its involvement in the partnership following concerns over supply issues. Plans were first announced last year, with Nscale pledging [...]
Technology, data and infrastructure the new frontier for sport investment September 29, 2026 Technology, data and infrastructure are going to be at the forefront of sports investment as money moves beyond simply buying teams, according to new analysis. It could help the global sports market grow by nearly 45 per cent at the end of the decade, according to Investec, from $417bn last year to upwards of $600bn [...]
Tiktok to pay £12.7m UK child privacy fine despite disputing watchdog findings September 24, 2026 Tiktok will pay a £12.7m UK fine over its handling of children’s data after abandoning a three-year legal challenge, despite maintaining that it disagrees with the privacy watchdog’s findings. The social media giant has withdrawn its appeal against a penalty imposed by the Information Commissioner’s Office (ICO) in 2023, making the fine final. A Tiktok [...]
Revolut hackers stole nearly 700 customers’ private data September 15, 2026 The group of hackers behind a major breach of Revolut managed to steal nearly 700 customers’ private data, City AM understands. Revolut has contacted the 680 people affected by what it described as a “sophisticated” impersonation scam, according to a source close to the bank. The compromised data included customers’ identity documents, postal and email [...]
Amazon says it buys books in bulk to ‘improve products’ August 20, 2026 Amazon has said it buys books through commercial channels to develop its products after an investigation traced a bulk order of rare books to a facility where workers reportedly destroy and scan physical copies. “Amazon purchases books through commercial channels to help develop and improve the products and services our customers use,” an Amazon spokesperson [...]
Anthropic payout piles pressure on UK ministers in AI copyright row July 22, 2026 The publishing industry has urged ministers to force AI companies to license copyrighted content after Anthropic agreed a record $1.5bn (£1.1bn) settlement over its use of pirated books to train AI models. Dan Conway, chief executive of the Publishers Association, told City AM the agreement should serve as a warning to AI developers operating in [...]
‘The problems didn’t begin with John Edwards’: Pressure grows for wider data watchdog overhaul July 9, 2026 John Edwards’ resignation was meant to draw a line under the workplace misconduct scandal that engulfed Britain’s data watchdog. Instead, it has shifted scrutiny onto the leadership that surrounded him – and of the regulator’s record long before he stepped down. Tech secretary Liz Kendall told MPs on Wednesday she was “appalled” to learn Edwards [...]
‘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 [...]