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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

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tech

  • AI use will set great companies apart from the rest in 2026, Dell boss predicts

    December 31, 2025

    The use of AI will “start to be a defining factor that sets great companies apart from the rest”, the UK boss of Dell has predicted. Steve Young, the US giant’s UK senior vice president and managing director, said progress has “laid a strong foundation” but told City AM that 2026 will be marked by [...]

  • AI needs to prove itself where it matters most

    December 31, 2025

    People don’t step back from AI because they’re fearful of the technology itself. They step back when it doesn’t align with how their business actually works, writes Sage CEO Steve Hare. A few weeks ago, I spoke with a small business owner who had heard AI could help with her accounts. She wasn’t sure how. [...]

  • Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection

    December 30, 2025

    Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners, with new investors including Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board. Kraken – which is an AI-powered platform now contracted [...]

  • Mastercard issues winding up petition against London fintech Guavapay

    December 26, 2025

    Hundreds of jobs could be at risk as London fintech Guavapay faces a winding up petition from payments giant Mastercard over unpaid sums, City AM can reveal. The firm, which employs more than 500 staff and manages cross-border money transfers for individuals and businesses, was issued the notice on Christmas Eve, according to court filings [...]

  • Will the AI bubble burst in 2026? We ask the experts

    December 22, 2025

    The question of whether we are in an AI bubble and, if so, when exactly it might burst has dominated conversation in the City in recent months. Who better to turn to for answers than some of the UK’s finest stockpickers and strategists? The year 2025 was not a quiet one for markets. It started [...]

  • AI stocks to remain dominant in 2026, analysts predict

    December 19, 2025

    Artificial intelligence is likely to remain a “dominant theme” in markets next year, analysts predict, shaking off fears of an AI crash. St James’ Place expects AI stocks to maintain investor interest in 2026, with analysts and portfolio managers bullish on the sector’s run. Valuations of top tech stocks have been rocketing up since the [...]

  • US tech stocks tumble after data centre setback sparks investor concerns 

    December 18, 2025

    US tech stocks fell on Wednesday after news that software company Oracle had lost a key backer for its data centre project, reigniting investors’ concerns about AI companies’ spending. The tech-heavy Nasdaq dropped 1.8 per cent to $22,693.32 (£ 17,975.06), finishing at its lowest level since late November, while Oracle fell 5.4 per cent to [...]

  • 12 predictions for AI in 2026

    December 18, 2025

    A year of building an AI business has given Lewis Liu a lot to think about. He gives us his 12 AI assumptions to live by in 2026.

  • Shoosmiths to give staff extra £1m after hitting AI target

    December 16, 2025

    Law firm Shoosmiths will give staff an extra £1m in bonuses after they hit the firm’s annual target for 1m Microsoft Copilot prompts more than four months ahead of schedule, City AM can reveal. The firm told City AM in April that it had set a “clear and ambitious annual target” of 1m on its [...]

  • Starling revs up Engine with City hiring spree

    December 16, 2025

    Starling is motoring into 2026 with its foot firmly on the pedal, injecting a fresh pump of gas into the group’s technology arm. The UK fintech veteran is planning to shift its software-as-a-service (Saas) banking platform into top gear with a major hiring spree across London.  The platform, known as Engine, is a subsidiary of [...]

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