Perk Secures $300 Million Credit Facility to Accelerate Global Growth of Its AI-Native Platform June 3, 2026 The $300m facility backed by top-tier lenders reflects strong conviction in Perk's vision to build a leading AI-native platform for travel and spend management Perk enters its next phase of growth on the back of a 48% revenue growth in 2025, best-in-category gross margins, and a platform built for global scale The new credit facility upsizes and replaces Perk’s prior facility on materially improved terms, while increasing available capital to further strengthen an already strong balance sheet
I’m an AI founder – here’s why I agree with the Pope about AI June 3, 2026 Pope Leo XIV’s has produced the most profound piece of writing on AI – critiquing how extreme capitalism uses AI to homogenize knowledge and concentrate power, says Lewis Liu When I was 18, I took a religious philosophy course as part of the core curriculum at Harvard. When we dove into the Tower of Babel, [...]
Staff burnout soars in professional services due to inefficiencies and outdated IT June 3, 2026 More than a quarter of client-facing staff at professional services firms are wasting a large portion of their working week on manual administrative tasks rather than core client work, according to new research by Unit4. The report, commissioned by Pierre Audoin Consultants (PAC), on global mid-to-large professional services firms, including those in the UK, revealed [...]
Neo4j Acquires GraphAware to Launch Intelligence Analysis Alternative to Palantir Gotham June 3, 2026 Graph intelligence leaders will join forces to deliver a customer-proven, open-standards intelligence analysis platform that ensures data sovereignty
The Quantum Effect: 41% of Large UK Enterprises Surveyed Expect Quantum Computing to Unlock More Than £100 Million in Value in as Little as One Year June 3, 2026 Two-thirds (65%) of UK businesses surveyed are already adopting or piloting quantum computing, signalling a shift from whether enterprises should explore quantum to how quickly they can put it to work
Gambit Cyber Launches Vizier AI – An Autonomous Security Intelligence Workspace for Continuous Exposure Management June 3, 2026 Next-Generation Agentic Security Workflow Automation Platform Transforms How Security Teams Detect, Respond, and Manage Cyber Risk at Scale
Space X bumps back to earth as analysts slash value June 3, 2026 Morningstar analysts have valued Space X at $780bn (£579.9bn), a figure less than half of what the company is reportedly aiming for in its upcoming initial public offering. The valuation comes roughly 48 per cent below its private market valuation, with Elon Musk’s company looking for a valuation between $1.7 trillion and $2 trillion. The [...]
Why Britain needs a defence innovation engine June 3, 2026 Britain must follow the US by aligning government demand, private capital, and entrepreneurs to leverage its technological talent against modern national security threats, says Simon Pavitt Britain has spent years celebrating entrepreneurs who changed how we shop, bank, travel and work. From Deliveroo and Revolut to Wise, British founders have shown they can build world-class [...]
Is ‘disinformation’ really one of the biggest challenges facing London? June 3, 2026 All power to the Lady Mayor and her newly assembled team of City leaders who want to shout from the rooftops about the strengths and assets of our great capital city. Dame Susan Langley will tonight launch a new campaign, Team UK, backed by some of the Square Mile’s biggest business and industry groups, with [...]
Tony Blair has issued a call to arms – but will Labour listen? June 3, 2026 Tony Blair’s blockbuster intervention is a reminder of a time when the government believed business was part of the solution to Britain’s problems, says Steve Rigby For entrepreneurs, looking back can be anathema. Everything is about the future – the next customer, the next acquisition, the carefully-plotted route towards a big-money exit. But for those [...]