Chip maker Alphawave’s profit slumps as spending surges September 23, 2024 Shares in Alphawave Semi nosedived 37 per cent after the semiconductor company reported a drop in revenue and profit for the six months to 30 June amid higher spending. The London-listed company said revenue plunged 51 per cent to $91m (£68.3m) in the first half of the year, which it blamed on a change in [...]
Why London shouldn’t chase Silicon Valley in the global tech race: James Wise July 4, 2024 Every week, Charlie Conchie sits down with the biggest names in financial services, tech and fintech. This week, its venture capital investor and author James Wise.
UK’s AI Safety Institute set to open in San Francisco May 20, 2024 The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.