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      Anthropic’s growth slows ahead of IPO as AI spending bill nears $900bn

      Dario Amodei, CEO of Anthropic, speaking at a tech conference podium, wearing a suit and addressing the audience.

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      Commonwealth Games generated £223m for Scotland

      Nighttime fireworks display over a river, with colorful bursts reflecting on the water and city buildings in the background.

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      London Watch Week – The City Edition mega preview, featuring Christopher Ward, Nomos and more

      The Royal Exchange and Bank of England building in Londons financial district, with modern skyscrapers behind.

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  • UK trials teen social media bans ahead of potential crackdown

    March 25, 2026

    Hundreds of teenagers across the UK are set to take part in a government-backed trial of social media restrictions, as ministers weigh whether to introduce a nationwide ban for under-16s. The six-week pilot will see 300 teenagers aged between 13 and 17 split into four groups, testing different levels of access to apps such as [...]

  • Half of AI’s most expensive chips are sitting idle, says tech expert

    March 23, 2026

    The artificial intelligence boom, so far, has been defined by a single instinct: build more. More chips, more data centres, more power. Capital expenditure from the world’s largest tech firms is running into the hundreds of billions as they race to scale AI systems. Analysts expect global data centre investment to continue rising sharply, with [...]

  • Worried about AI taking your job? Zuckerberg is building one to do his

    March 23, 2026

    While much of the debate around AI has swirled around which jobs it may inevitably replace, Big Tech behemoth Mark Zuckerberg is placing the technology at the helm of his trillion dollar business. The Meta chief executive is developing a personal AI agent designed to assist with his role, retrieving information, and cutting through layers [...]

  • Pressure shifts back to Big Tech as Ofcom delays social media ban

    March 12, 2026

    Tech firms have been warned to strengthen protections for young people online after MPs rejected a proposal to ban under-16s from social media this week. Communications regulator Ofcom and the Information Commissioner’s Office (ICO) have written to major platforms, asking for details of how they plan to improve safety measures for children. Companies like Facebook, [...]

  • MPs reject social media ban for under-16s

    March 10, 2026

    MPs have voted down a proposal to ban under-16s from using social media, after toying with the idea of following Australia’s nationwide law. The amendment, tabled by Conservatives to the children’s wellbeing and schools bill, was defeated in the House of Commons on Monday evening, by 307 votes to 173. The measure had already been [...]

  • Banks push for tech giants to share scam ad costs

    March 5, 2026

    Social media companies are facing renewed calls to help pay for tackling online fraud, as the UK prepares to unveil its updated national fraud strategy. The Payments Association said platforms like Meta Platforms and X should take greater responsibility for scam adverts that appear on their sites, arguing they profit from the ads, while banks [...]

  • Meta strikes AMD chip deal as AI spend continues to boom

    February 24, 2026

    Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]

  • Big Tech buries billions in AI debt as bubble fears mount

    February 19, 2026

    Meta is paying roughly $6.5bn (£4.82bn) in extra financing costs to keep $27bn of AI infrastructure borrowing off its balance sheet, a costly accounting choice that captures the mood in Big Tech’s race to build the pipes of AI without spooking investors. The arrangement, known as special purpose vehicle financing (SPV), allows an external entity [...]

  • US markets rally as tech stocks look to boost AI capabilities

    February 19, 2026

    US markets closed higher on Wednesday, as tech stocks reaped the benefits of investors once again brushing off fears of an AI bubble. Tech stock share prices boomed, following reports from Bloomberg that Open AI is close to finalising the first phase of a new funding round, which is expected to bring in more than [...]

  • Meta signs Nvidia deal as AI infrastructure bill soars

    February 18, 2026

    Meta has announced a a multi-year partnership with Nvidia to expand its artificial intelligence (AI) infrastructure, as it continues to commit billions to data centres. The deal will grant the Facebook owner access to the chip giant’s latest processor, and covers deployments across Meta’s various branches. It will see the social media group roll out [...]

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