Will Nvidia’s earnings justify its valuation August 22, 2025 Nvidia’s upcoming earnings report on 27 August will be a pivotal moment for a company that has become a proxy for the entire AI investment boom. While analysts are forecasting another quarter of exponential growth, the question remains whether the numbers can live up to a valuation has swelled to $4.4 trillion (£3.28 trillion), making [...]
TikTok sheds London staff in major AI push August 22, 2025 TikTok is set to lay off hundreds of staff in its content moderation and security team in London, a decision that has sparked concern just as the UK’s Online Safety Act comes into force. The company, owned by ByteDance, is centralising its “trust and safety” operations globally and plans to increasingly rely on artificial intelligence [...]
UK online SMEs confident despite economic headwinds August 21, 2025 A wave of online small and medium-sized enterprise (SME) entrepreneurs are showing confidence in their future, despite wider economic pressures, a new report from eBay UK suggests. The study found that nearly four in five, or 78 per cent, of online small businesses expect to see growth over the next 12 months, with a third [...]
Younger Brits turn to AI for financial advice August 21, 2025 Brits are increasingly turning to AI tools to access financial tips as the “advice gap” grows wider. Two thirds of people are either considering or already using AI tools to gather personal finance advice, new research from financial comparison platform Finder has found. Two in five people opted to use generative AI, such as ChatGPT [...]
UBS invests in AI data platform amid financial services shift August 21, 2025 UBS, the world’s largest wealth manager, has announced an expansion of its partnership with enterprise AI platform provider Domino Data Lab, which includes a new equity investment. The move signals the bank’s focus on scaling AI across its operations, though it emphasises the need for robust governance and risk management to ensure a responsible rollout. [...]
RFU backing of Red Roses can aid better English pro structure August 21, 2025 So it begins. Red Roses vs USA at the Stadium of Light. Friday night, BBC 1. That’s a USA fielding the rugby player with by far the biggest social media following on the planet, Ilona Maher. You won’t find a hotter ticket this year than the Women’s Rugby World Cup final at Twickenham on 27 [...]
GPT-5 is terrible – and that’s a good thing August 21, 2025 GPT-5 failed to wow users, but its less flashy delivery signals a positive shift for AI from at-all-costs advancement to actual use-case.
Trustpilot: Can reviews site really be trusted? August 20, 2025 Trustpilot’s CEO has insisted his reviews site “isn’t perfect” but wants to be “the universal symbol of trust”. Speaking on the latest episode of City AM‘s Boardroom Uncovered show, Adrian Blair defended the FTSE 250 business when asked whether Trustpilot could actually be trusted itself. Since being founded in 2007 by Peter Holten Mühlmann, the [...]
Law firm partners’ pay rockets past rest of UK workforce August 20, 2025 Partners at British law firms have seen their income rise over twice as fast as the rest of the UK workforce over the last five years. According to data shared with City AM by Bowmore Wealth Group, the income of law firm partners rose 42 per cent to an average of £307,000 over the last [...]
Databricks rides AI boom to $100bn after new funding August 20, 2025 Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series K Funding – a type of advanced, late-stage financing – which is expected to close shortly. Whilst details of the raise have not been disclosed [...]