Month-old Deepmind spinout nears $4bn on ‘future capability’ bet Tech A British AI startup founded just last month by three former Google Deepmind researchers is nearing a $4bn (£2.9bn) valuation – despite having no product or website. Emulate is in advanced talks to raise as much as $700m in a seed funding round led by Index Ventures and Lightspeed Venture Partners in a deal that [...]
Musk skips King’s AI safety summit with world’s biggest tech chiefs Tech King Charles will warn some of the world’s most powerful AI companies against letting humanity “lose control of our destiny” on Thursday, as he brings tech bosses together in Scotland amid escalating warnings about the new technology. The King will host executives from Nvidia, OpenAI, Anthropic and Google Deepmind at Dumfries House in Ayrshire to [...]
Government plots university spinout crackdown Entrepreneurship The government is plotting to clamp down on the number university spinouts that shift their operations abroad or float overseas, the boss of the body responsible for research investment has said, in a move likely to spark unrest among founders and the venture capital industry. Sir Ian Chapman, the chief executive of UK Research and [...]
Mustafa Suleyman-founded Inflection AI to return to London May 20, 2026 Silicon Valley startup Inflection AI is marking a return to London as the company forges ahead with its expansion plans, City AM can reveal. The artificial intelligence business was launched in 2022 by Deepmind co-founder Mustafa Suleyman and attracted early backing from Linkedin founder Reid Hoffman. It released its own large language model, Pi, and [...]
British Land and RLAM secure robotics AI firm for London ‘innovation’ cluster May 12, 2026 London’s AI property boom is gathering pace after British Land and Royal London Asset Management secured another major tech occupier at Regent’s Place, City AM can reveal. Robotics startup Humanoid has signed for 42,000 sq ft at One Triton Square, pushing the building to 94 per cent let just six months after completion, as demand [...]
Londonmaxxing could save the capital’s jobs market April 8, 2026 Can Londonmaxxing help revive the capital's flailing job market? Employment expert Kevin Fitzgerald thinks so.
Ex-Deepmind executive adds to wave of stark AI warnings February 19, 2026 A former senior executive at Google’s AI branch has warned that the global economy is heading towards a concerning divide between those who control AI and those displaced by it, arguing that governments are unprepared for the scale of change ahead. Dex Hunter-Torricke, who previously led communications at Google Deepmind and has worked for both [...]
Kings Cross spinout district could create 20,000 new jobs January 20, 2026 The innovation district around Kings Cross and Euston has the potential to grow into the UK's version of Kendall Square, writes Geraint Rees.
Mass hallucinations: How I caught a rogue AI reporter August 27, 2025 The ‘customer’ in the fried chicken shop didn’t touch his meal. Instead, he photographed the kitchen door’s keypad and left. ‘Corporate spy,’ muttered the cashier before showing me three identical incidents caught on his security cameras. This is the opening line of a pitch I received from a writer called Joseph Wales, entitled “London’s Fried [...]
Meta: Zuckerberg’s open source gamble collides with EU regulation July 20, 2025 Meta has refused to sign the European Commission’s new AI Code of Practice, escalating tensions with Brussels just weeks before landmark regulation kicks in. The voluntary guidelines – designed to help tech giants prepare for the EU’s sweeping AI Act – were rejected outright by Meta’s global affairs chief Joel Kaplan, who warned they introduced [...]