London AI car firm records surge in revenue on demand for driver-tracking software August 11, 2026 Car tech firm Seeing Machines has accelerated into profitability after new European safety legislation triggered a surge in demand for its driver-tracking software. The AIM-listed group, which builds camera and AI software that tracks drivers’ eyes and heads in real time, reported a 45 per cent jump in revenue to $76.3m, up from $52.8m the [...]
Holiday Inn owner suffers Middle East slowdown as Iran war hits tourism August 11, 2026 The owner of Holiday Inn has suffered a slump in revenue at its Middle Eastern business as the Iran war knocked the region’s tourist economy. Intercontinental Hotels Group (IHG) said its revenue per available room in the Middle East slipped by 19 per cent in the three months to June. This followed a two per [...]
As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran August 11, 2026 Welcome back to the City AM liveblog. Oil prices are marching higher for the fourth consecutive session, supported by new uncertainty between the US and Iran and continued agitation over the reopening of the Strait of Hormuz. Brent crude – the international benchmark for oil prices – was holding above $87 per barrel on Tuesday [...]
Just Eat takes UK AI ordering tool across Europe August 11, 2026 Just Eat Takeaway is rolling out out its AI voice ordering tool across Europe after launching the feature in the UK earlier this year, as food delivery firms look for new ways to keep customers on their apps. The company has expanded the assistant to Poland, Spain, Austria, Italy, Belgium and Switzerland, alongside its existing [...]
Going on holiday as Prime Minister comes at a cost August 11, 2026 Prime Ministers too deserve a holiday, just maybe not while your party's still fighting for survival, writes Michael Martins.
Point2 Completes $136M Series B Funding with Arm, LB Investment, and Maverick Silicon August 10, 2026 New Funding Further Solidifies Point2’s e‑Tube Technology Platform as the Foundation for Next-Generation AI Data-Center Interconnect
Brightfin Appoints Preeti Shukla as Chief Product and AI Officer August 10, 2026 Enterprise AI SaaS leader to accelerate Brightfin's AI-Native platform for IT financial management
The World’s Largest AI Companies Built Deployment Arms This Year. Harbor Built One for Law August 10, 2026 Harbor Deploy is the first AI deployment offering built exclusively for law firms and corporate legal departments, bringing the embedded-engineering model now reshaping enterprise AI to the industry where confidentiality, professional judgment, and duty to the client are non-negotiable.
Battery Ventures Promotes Brandon Gleklen to Partner August 7, 2026 Gleklen, who invests in AI-application companies, joins new principal Jason Mendel and eight other investors globally promoted to new roles
Sia Accelerates Its Expansion in Australia with the Acquisition of Seven Consulting August 7, 2026 Sia continues its international expansion with the acquisition of Seven Consulting, an Australian management consulting firm known for its expertise in Business Transformation, serving many of the country’s largest Banking, Government, Transportation & Postal, Retail & Consumer Goods, and Energy & Utilities organisations. Founded in 2002, Seven Consulting brings together a team of over 100 [...]