UK set for AI tech boost as millions of pounds injected after action plan January 15, 2025 The UK’s artificial intelligence (AI) sector has received an average of £200m in private investment daily since July 2024, as global firms rally behind Starmer’s blueprint to turbocharge AI. In the 24 hours that followed the government’s release on Monday, over £14bn of new investment has been reported, with pledges to create over 13,000 jobs [...]
Serco: FTSE giant bags £200m US army deal January 15, 2025 British outsourcing giant Serco has secured a $247m (£203m) contract to enhance the health and fitness of US army soldiers. The government services provider will support 45 US army brigades across 15 locations, including bases in Alaska and Texas. Under the deal, the firm is set to drive soldier fitness, reducing injury rates and supporting [...]
Microsoft and FTSE firm Pearson tie up AI deal after UK action plan January 15, 2025 Microsoft and London-listed education giant Pearson have announced a multiyear partnership to address the global skills gap in artificial intelligence, as the UK prioritises AI. This collaboration will combine Microsoft’s cloud and AI technologies with Pearson’s learning and assessment expertise to provide AI tools. It will also offer tailored learning and certifications for workers and [...]
Experian: Global data and tech operations drive growth January 15, 2025 Experian reported an eight per cent increase in total revenue for the third quarter of fiscal year 2025, as the firm stressed the strength of its global data and technology arms. According to a trading update published this morning, the consumer and analytics firm maintained outlook, as its organic revenue rose by six per cent, [...]
CMA launches probe into Google search dominance under new regime January 14, 2025 Google has been placed under investigation by the Competition and Markets Authority (CMA) to assess whether its search and advertising services deliver fair results within the UK. In a statement today, the watchdog announced the launch of its first “strategic market status designation investigation” under a new Strategic Market Status (SMS) regime, which was rolled [...]
Nvidia data centre opens in London Docklands as Starmer launches AI action plan January 14, 2025 London Docklands and Crawley will host some of Europe’s largest Nvidia AI platforms in two newly operational data centres, after Britain launched its’ AI Opportunities Action Plan this week New York-based cloud provider CoreWeave announced the opening of these sites as Keir Starmer’s government looked to pour more money into data centre infrastructure. Its London [...]
‘Don’t squander the scientific opportunity of a lifetime’, Lords warns UK January 14, 2025 The UK must take urgent action to reverse its declining leadership in engineering biology to avoid ‘squandering the scientific opportunity of a lifetime’. The House of Lords released a report today cautioning that without bold government intervention and increased private sector investment, Britain risks losing out on vast economic potential. Engineering biology, an evolving field [...]
Starmer positions the UK as a trailblazer in AI innovation January 13, 2025 Keir Starmer has thrown the weight of Whitehall behind AI in a bid to boost growth and position the UK as a world leader in the sector. On Monday morning, Keir Starmer revealed the UK’s ‘AI Opportunities Action Plan’, a transformative strategy to establish the UK as a global leader in AI. He said: “The [...]
Cera secures $150m funding for AI-led healthcare January 13, 2025 The UK’s largest HealthTech company, Cera, has raised $150m (£122m) to fuel its AI-driven home healthcare model, reducing strain on the NHS and improving nationwide patient care. The capital was raised through a funding round led by Schroders Capital and BDT & MSD Partners. The HealthTech leader uses AI to deliver preventative, in-home care, to [...]
Morrisons joins farmers in fight against Budget tax hike January 12, 2025 Morrisons shows its support towards the farming community, backing its call for urgent reforms to inheritance tax policies on farms following Rachel Reeves’ October Budget. In a LinkedIn video released on Saturday, Sophie Throup, the supermarket’s head of agriculture, emphasised the major Morrisons’ ongoing advocacy, reeling from the Chancellor’s sweeping inheritance tax levy. In October, [...]
