Themis snaps up Pasabi in AI fraud fight as financial crime costs soar October 3, 2025 London-based financial crime intelligence firm Themis has acquired fraud monitoring company Pasabi, in a move aimed to accelerate the use of AI in tackling one of the fastest-growing criminal threats facing businesses and consumers globally. The deal, approved under the UK Home Office’s National Security and Investment Act, is set to fold Pasabi’s fraud detection [...]
UK ‘open for business’ as tech M&A surges October 2, 2025 The UK tech sector is experiencing a resurgence in mergers and acquisitions (M&A), driven by a combination of domestic innovation, international investment and the rapid adoption of AI. “The UK is definitely open for business”, investment banker Victor Basta told City AM. “It has enormous talent, and for international companies, particularly those who can’t invest [...]
London AI startup Lupa raises $20m to modernise vet clinics October 2, 2025 Lupa, a London-based startup building modern software for veterinary clinics, has raised $20m (£16.5m) in a Series A round led by European VC Singular, just five months after securing $4m in seed funding. The software firm, founded in 2023, says it is tackling one of the most overlooked corners of healthcare: the $350bn global veterinary [...]
Treasury invests £63m in cloud services amid public sector overhaul October 1, 2025 HM Treasury has spent more than £63.6m on cloud services over the past three years, showing a decisive shift toward fully cloud-based IT infrastructure. The department has eliminated on-premise systems entirely, reflecting a broader digital transformation agenda across public spending and tax policy. According to the State of Digital Government Review, around 60 per cent [...]
Government urged to prioritise UK tech amid US investment surge September 30, 2025 UK cloud provider Civo has launched its ‘tech sovereignty agenda’, urging the government to place greater emphasis on domestic technology amid an unprecedented wave of investment from US tech giants. The agenda calls for a reassessment of the UK’s approach to innovation, advocating for a balance between benefiting from global technology while ensuring that critical [...]
UK veterans drive defence tech boom September 29, 2025 Defence tech startups are booming across Europe, powered by an influx of UK military veterans and record levels of VC investment. Yet, a new report found critical gaps in space tech and AI chips could leave the country exposed. The State of Defence Tech 2025 report has revealed that defence startups have secured $1.5bn (£1.12bn) [...]
Liz Kendall wraps cyberflashing into Online Safety Act September 29, 2025 Social media giants will be forced to crack down on cyberflashing under new duties to be announced by technology secretary Liz Kendall at the Labour Party conference. The move will see unsolicited nude images and videos classified as a “priority offence” under the Online Safety Act, placing strict new obligations on platforms to detect and [...]
Converge AI: Meet the UK tech decarbonising concrete with AI September 24, 2025 Concrete is everywhere; It’s in the roads we drive on, the buildings we work in, and the infrastructure that shapes the UK’s cities. Yet despite its ubiquity, it’s also one of the hardest materials to make environmentally friendly. This is the challenge that British construction tech scale-up Converge AI, founded in 2014, is trying to [...]
Raspberry Pi: What happened to the UK’s former tech darling? September 23, 2025 Shares in Raspberry Pi tumbled in London on Tuesday after the low-cost computer maker revealed a sharp drop in half-year profits, leaving investors questioning whether one of the UK’s most high-profile tech IPOs can live up to expectations. The Cambridge-based firm, which floated in June 2024 in one of the London Stock Exchange’s most celebrated [...]
Nvidia boss hails UK as “AI leader” amid fears of US reliance September 17, 2025 While investment numbers and GPU deals have made headlines, Jensen Huang’s recent comments on his £11bn UK investment reveal a far more ambitious vision than just building data centres. Beyond the chips and infrastructure, the Nvidia chief has framed AI as the ultimate economic tool to fight inflation and boost national productivity, a message that [...]