Corvera co-founder: Brits have it too comfortable May 5, 2026 The boss of Corvera has said Brits take a too comfortable, risk-averse approach after moving his AI startup from London to San Francisco. Corvera co-founder and chief executive Christopher Kong, an Oxford graduate who launched a fast-growing vegan food range before setting up the AI business in October last year, said he found it easier [...]
Trump officials claim Iran is ‘weaponising global trade’ May 5, 2026 The United States’ most senior military officer has warned that Iran’s sustained assault on commercial shipping threatens to destabilise the world economy, accusing the country’s leadership of deliberately weaponising the global supply chain. General Dan Caine, the former venture capitalist currently serving as chairman of the US joint chiefs of staff, made a stark intervention [...]
OpenAI listing plans hit as Altman scraps robotics spin-off idea May 5, 2026 Tech behemoth OpenAI internally shelved plans to spin off its robotics and consumer hardware divisions, as chief executive Sam Altman tightens focus ahead of a potential IPO that could value the company at up to $1 trillion (£737bn). The proposed restructure, as first reported by the Wall Street Journal, would have mirrored Alphabet’s model, separating [...]
Cloudflare Named a Leader in Edge Development Platforms Report by Independent Research Firm May 5, 2026 Cloudflare receives the highest possible scores in 12 criteria, including Vision, Innovation, Roadmap, and AI Application Development
Coinbase to slash 14 per cent of workforce amid AI impact and market volatility May 5, 2026 Crypto exchange Coinbase is planning to cut 14 per cent of its workforce just two days head of its next earnings report, citing a need to manage costs amid ongoing market volatility and advances in AI. Chief executive Brian Armstrong said on Tuesday that AI was speeding up certain processes meaning fewer employees were required [...]
D-Wave Announces Qubits Europe 2026 Quantum Computing User Conference May 5, 2026 Event will bring together leading quantum innovators, customers and experts to explore how quantum computing is delivering real-world impact Company to share latest technology roadmap and progress with annealing and gate-model quantum computing, hybrid-quantum software and quantum artificial intelligence (AI)
Volkswagen Financial Services Poland marks three years of strong ABS performance with BearingPoint May 5, 2026 Through a long-term partnership between Volkswagen Financial Services Poland and BearingPoint, VWFS Poland successfully launched its first STS-compliant ABS transaction, VCL Master Poland DAC, which has delivered nearly three years of robust performance. The transaction has improved transparency, enabled full regulatory compliance, and enhanced operational efficiency, setting a new benchmark for the Polish securitization market.
OCTO and Sedgwick Announce Strategic Telematics Partnership May 5, 2026 OCTO, a global leader in telematics and data analytics, today announced a strategic partnership with Sedgwick, the world’s leading provider of claims and risk management solutions. Together, the two companies will reshape the future of insurance and mobility by combining advanced telematics with claims management services. The collaboration aims to create a new model where [...]
The Moment of AI Truth for Property & Casualty Insurance: Trailblazers See 21% Higher Revenue Growth While Broader Industry Lags May 5, 2026 The 10% of insurers that have advanced AI capabilities are outperforming peers on revenue growth and share price Trailblazers are scaling beyond AI pilots through strategic implementation, comprehensive training and explainable AI tools
Gen Z don’t want meaningless work – but that might be a good thing May 5, 2026 Gen Z will not accept meaningless work, nor should they. The burgeoning industry of green jobs could be the answer.