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silicon valley

  • Why Westminster’s finest keep ending up on Big Tech’s payroll

    Tech

    There is a sense of irony in that the employees Silicon Valley’s tech giants most want to hire, are actually the ones who spent years in the public sector trying to work out what to do about them. Nick Clegg, who served as deputy Prime Minister sat through more than one anxious Whitehall discussion about [...]

    During a Meta event, Clegg also revealed that Llama 3, Meta's newest large language model (LLM), will be released within a month. (Image: PA)
  • OpenAI sharpens its focus as Sora falls and funding web tightens

    Tech

    OpenAI’s decision to shut down its Sora video tool and unwind its Disney partnership in the space of 24 hours is far from an isolated product call. It comes at a moment of rapid growth for the firm, which is handling heavy infrastructure demands alongside increasing scrutiny over how the AI boom it sits at [...]

    OpenAI chief executive Sam Altman emphasised the Stargate project’s significance.
  • Cambridge grads launch trading exchange to take on established industry

    Investing

    As more retail investors look to allocate capital in private assets a new exchange has entered the fray, looking to provide a substitute to traditional financial markets. Global trading exchange start-up QFEX, founded by two Cambridge maths graduates, launched on Wednesday, aiming to bring high leverage, 24/7 trading of assets to investors. The exchange, valued [...]

    Canary Wharf skyline, highlighting the financial district, related to QFEX launch by Cambridge graduates in trading sector
  • OpenAI, SpaceX, Anthropic: the tech giants lining up blockbuster IPOs

    December 28, 2025

    For more than a decade, Silicon Valley’s most powerful companies have stayed private for longer than ever before, buoyed by deep pools of capital and sovereign wealth funding. But, as interest rates remain higher, AI infrastructure costs balloon and some of the world’s largest private firms mature into businesses of national, and increasingly geopolitical, importance, [...]

  • US sets AI standard, leaving Britain on the back foot

    December 13, 2025

    When Donald Trump sat down in the Oval Office this week to sign off on a national AI framework, he delivered a global message. The US has committed to one standardised, federally regulated set of rules for AI. The executive order sweeps away the threat of 50 different state-level approaches to regulating AI – a scenario [...]

  • Substack implements native advertising following $1.1bn valuation

    December 11, 2025

    Substack, the historically anti-advertising newsletter platform, has announced it will pilot an advertising programme following its latest funding round.  Substack was founded with the goal of providing an alternative to online advertising as a monetisation model for writers and creators. It was founded in 2017 as a website where people can write and subscribe to [...]

  • UK Finance warns tech giants to step up in Britain’s fraud fight

    December 6, 2025

    UK Finance has delivered its most forceful warning yet to the world’s biggest tech platforms, with chief executive David Postings calling on Silicon Valley to “grasp the scale of the crisis” and do far more to stop fraud spreading across their networks. Speaking at the Economic Crime Congress 2025, Postings said the UK is now [...]

  • Silicon Valley has invented its own form of central planning

    December 3, 2025

    With so much capital focused on a small select group of companies like OpenAI and Microsoft we’ve created our own form of central planning, just with corporate overlords instead of government ones, says Lewis Liu The US stock market continues to march toward record territory, with everyone from Big Tech CEOs to Goldman Sachs speculating [...]

  • What can Britain learn from Elon Musk? How to fail…

    November 17, 2025

    British engineering needs to be a little more Musk; pragmatic, ambitious and unafraid to learn in public, says Robert Rayner Elon Musk’s rise to trillionaire status is more than a story of wealth, it is a display of how technological vision and financial resilience can merge into a new model of progress. His trillion-dollar payout [...]

  • Amazon to cut 10 per cent of workforce amid AI pivot

    October 28, 2025

    Amazon is preparing to axe as many as 30,000 corporate jobs worldwide this week, in what could mark its largest round of layoffs since 2022. The Seattle-based technology giant plans to begin cuts as soon as Tuesday, according to Reuters, targeting around 10 per cent of its 350,000-strong corporate workforce. Amazon employs more than 1.5 [...]

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