London Tech Week day five: A week that gave me confidence in the UK tech ecosystem June 12, 2026 From the office to the climate, the conversations at London Tech Week point in a clear direction: UK tech is moving from potential to deployment.
London Tech Week was ‘complacency in conference form’ June 12, 2026 London Tech Week has been accused of masking some of the biggest structural problems facing Britain’s tech sector and of offering “complacency in conference form”. Adam French, partner at global venture capital firm Antler, said the flagship event highlighted a widening gap between the public narrative around UK tech and the realities facing founders trying [...]
London Tech Week sums up everything wrong with UK tech June 12, 2026 London Tech Week is complacency in conference form. We wheel out the same statistics about unicorns and call it a job well done.
Liz Kendall ramps up push to funnel pension cash into UK startups June 12, 2026 The government is stepping up efforts to channel more institutional money into British tech firms as ministers look to stop promising startups heading overseas for funding. Tech secretary Liz Kendall announced that Labour would pursue reforms to unlock pension fund investment into UK growth firms, adding Britain needs to become an “indispensable partner” in the [...]
When AI’s taken all the work, what will we all do? June 12, 2026 The possible abundances of the AI-powered future mean that our lives won't be nasty, brutish and short – but will they be devoid of meaning?
COOCON Joins Global AI Agent Foundation AAIF to Advance AI Agent Payments and MCP-Based Data Business June 12, 2026 - Establishes a global collaborative network with more than 180 companies, including OpenAI, Google, Anthropic, and Microsoft - Joins discussions on AI agent payment and MCP data standards, accelerating its expansion into the global payment and data markets
SpaceX lands record $75bn raise as Wall Street braces for mega debut June 12, 2026 Elon Musk’s SpaceX is set to begin trading on Friday after pulling off the largest IPO in history, with investor demand reportedly topping $250bn (£186bn) and early trading indications pointing to a big first-day jump. The aerospace and AI giant raised $75bn at a fixed price of $135 per share, giving the company a valuation [...]
KPMG report on AI found riddled with AI hallucinations June 12, 2026 A new probe into Big Four KPMG’s report on agentic AI found that the majority of its references were flawed, amid the latest news of AI-hallucinated reports published by professional services firms. The investigation, conducted by GPTZero, focused on KPMG’s October 2025 report, ‘Total Experience: Redefining Excellence in the Age of Agentic AI’, which summarises [...]
As it happened: FTSE 100 rises as easing Iran tensions offset GDP blow; SpaceX set for blast off June 12, 2026 Welcome back to the City AM liveblog. Global equity investors are bracing for Musk’s record-breaking market debut SpaceX is set to begin trading on Nasdaq today after Elon Musk’s rocket, satellite and AI empire pulled off the largest IPO in market history. The company raised $75bn after pricing shares at $135, giving it a $1.77 [...]
Why do so many Gen Zs like me love the Pope? June 12, 2026 Pope Leo XIV is appealing to a new generation with TikTok memes, student saints and a firm stance against AI, says Maria Ward-Brennan When Pope Leo XIV was first elected, I’ll be honest: I wasn’t overly keen. Part of me believed the Pope should come from a Catholic country. But this US-born man has changed [...]