Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment” May 7, 2026 Round co-led by DCVC and Kembara, with participation from the British Business Bank and Firgun, positions stealthy Quantum Motion as UK’s best-funded quantum computing company. Quantum Motion’s silicon transistor-based architecture produces quantum computers with 100-fold reduction in cost and space requirements as well as 1,000-fold reduction in energy consumption compared to other approaches.
FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance May 7, 2026 Good morning and welcome back to the City AM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
Revealed: The 2026 City AM Awards Winners May 7, 2026 Around 500 guests enjoyed a night of celebration at London’s Guildhall on Wednesday 6 May where the winners of the 2026 City AM Awards were crowned. From 60 finalists across 12 categories, the judges chose their champions. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of [...]
TACTICA AI Introduces Region’s First AI Platform for Mission-Critical, Real-Time Operational Decisions May 6, 2026 Built on deep tech developed by TII, TACTICA AI moves beyond dashboards to help decision-makers turn fragmented intelligence, sensor, and operational data into action Showcased during Make it in the Emirates 2026, the platform has already been validated through real-world deployments in mission-critical environments Built in Abu Dhabi, connected globally, TACTICA AI integrates partnerships with French-based Safran and Polish-based Satim
Expensify Named Expense Management Platform of the Year May 6, 2026 TravelTech Breakthrough, a leading market intelligence organization, recognizes Expensify as a standout company advancing next-generation travel technologies
Brightfin Launches Spend Clearly AI to Help Enterprise Tech Leaders Take Control of Growing IT and AI Costs May 6, 2026 New AI-powered optimization app delivers real-time visibility, cost reduction, and predictive forecasting as enterprise AI spending accelerates
Arm Holdings plc Reports Results for the Fourth Quarter and Fiscal Year Ended 2026 May 6, 2026 Arm Holdings plc (NASDAQ: ARM), the company that is building the future of computing, has today published a letter to its shareholders containing the company’s results for its fourth quarter and fiscal year ended March 31, 2026. The letter is available on its investor relations website (https://investors.arm.com/financials/quarterly-annual-results). The shareholder letter will also be furnished to [...]
Britain is using AI, but wants a human boss May 6, 2026 Brits are rapidly folding AI into everyday life, but remain wary of letting it make decisions on its own, according to new EY research that points to a trust problem at the heart of the UK’s AI push. EY’s AI recent sentiment index found 74 per cent of UK consumers have used AI in the [...]
Nitro Releases MCP Connector for Claude AI, Introduces Document Automation Solution May 6, 2026 Nitro offers early access to its MCP connector for Claude AI ahead of marketplace availability—with a full document automation solution to follow.
Big Tech wants a slice of the fashion world. But why? May 6, 2026 From Amazon to Meta, Big Tech is snapping up Met Gala tables and Vogue covers, but why, asks Anna Moloney.