Fuse takes on UK AI power crisis with bet on ‘faster’ data centres October 21, 2026 British energy unicorn Fuse is moving into AI infrastructure, betting that its control over electricity supply will allow it to build data centres faster than rivals struggling with lengthy grid delays. The London-based company, founded by former Revolut executives Alan Chang and Charles Orr, has launched Fuse Compute, offering businesses access to Nvidia chips hosted [...]
UK tech race at risk from ‘far too cautious’ government, warns watchdog October 21, 2026 Britain risks falling behind in the global tech race unless the government takes greater risks backing British startups, the chairman of Parliament’s spending watchdog has warned. In a report published on Wednesday, the Public Accounts Committee (PAC) urged UK Research and Innovation (UKRI) to take more equity stakes in companies it funds, arguing taxpayers are [...]
Nscale eyes second $45bn deal with Anthropic after Microsoft setback October 20, 2026 British AI infrastructure firm, Nscale, is in talks to secure a second $45bn (£33.5bn) computing deal with Anthropic, just a day after Microsoft pulled out of its flagship UK data centre project. The Nvidia-backed company is negotiating an agreement to supply the US AI giant with computing power from a second facility at its Monarch [...]
AI giant Perplexity taps London startup Valarian in sovereign tech drive October 20, 2026 US AI giant Perplexity has struck a deal with London-based startup Valarian to bring its technology into the UK government and defence systems, a major boost to Britain’s ambition to reduce its reliance on foreign tech infrastructure. The partnership will let governments and businesses handling sensitive information deploy Perplexity’s AI within their own infrastructure, keeping [...]
How Tinder is trying to woo single Brits back to swiping October 20, 2026 Tinder’s parent company has admitted it failed to keep up with changing dating habits as it fights to get Brits swiping again, with new figures revealing a growing preference for meeting people in person rather than through dating apps. “Being static is sort of the worst thing to be”, Chine Mmegwa, head of strategy and [...]
Apple faces UK crackdown over iPhone contactless payments October 20, 2026 Apple could be forced to slash the fees it charges rival payment providers and loosen its grip on iPhone contactless technology under new proposals unveiled by Britain’s competition watchdog. The Competition and Markets Authority (CMA) said on Tuesday that Apple’s high fees and restrictive terms were stifling competition, preventing businesses from developing alternatives to Apple [...]
US cybersecurity startup bets $200m on London expansion October 20, 2026 A US cybersecurity startup valued at $3.5bn is opening a new London hub as part of a $200m expansion across Europe, the Middle East and Africa, creating 200 jobs as demand for cyber defences surges. Chainguard, backed by investors including Sequoia Capital, Lightspeed and General Catalyst, will establish its regional headquarters in Clerkenwell as it [...]
Musk and Anthropic seek to temper AI backlash with billion-dollar giveaways October 19, 2026 Elon Musk and AI giant Anthropic have announced plans for multibillion-dollar public giveaways, as Silicon Valley faces mounting scrutiny over AI’s impact on jobs and safety. Musk pledged on Monday to give every American child a share in SpaceX, in a giveaway potentially worth $10.5bn (£7.9bn), hours after Anthropic announced plans to put at least [...]
AI minister warned UK risks becoming ‘high-value AI customer’ October 19, 2026 Britain risks becoming a “high value AI customer” rather than developing its own tech unless ministers urgently invest in domestic firms, the government’s top science advisory body has warned. In a letter to AI minister Kanishka Narayan, the Council for Science and Technology (CST) called for a national AI sovereignty plan to reduce Britain’s reliance [...]
Uber beats London cabbies in £340m court battle October 19, 2026 Uber has defeated a £340m legal claim brought by 13,000 London black cab drivers after the High Court ruled they had waited too long to sue the ride-hailing giant. The ruling, handed down on Monday, throws out two linked lawsuits brought by thousands of cabbies and two former private hire operators, Kabbee and Iride, over [...]
