InstaDeep raises $100m to ramp up development of ‘real world’ AI technology January 25, 2022 London-based AI firm InstaDeep has today announced $100m funding injection which it will use to fuel a global expansion and ramp up development of AI technologies.
AI-driven fintech MDOTM bets on game theory January 24, 2022 MDOTM, a London-based fintech providing AI-driven investment strategies, has acquired the team of Mercurius Betting Intelligence, a company specialized in betting models and sports prediction with artificial intelligence. Following the €6.2m (£5.1m) Series-B round raised in September 2021 – which brought MDOTM’s total funding to €8.2m – the agreement will incorporate Mercurius’ skills in AI [...]
AIM’s market cap hits £150bn amid IPO boom January 24, 2022 London's Alternatives Investment Marketplace (AIM) grew by 33 companies in 2021, its biggest increase since 2007.
Peer-backed technology firm Sensyne Health plots FTSE departure as financial issues escalate January 23, 2022 Bosses at Sensyne Health (Sensyne) are now plotting the company’s departure from the London Stock Exchange, according to The Telegraph.
ICAS launches new thought leadership series Finance + January 20, 2022 New from ICAS for 2022, the Finance + insight series puts you in the bigger picture, exploring the key issues and opportunities for today’s finance professional. You + the big picture Recent events have revealed the need for resilience and the readiness to grasp new ways of thinking, living and working. They have also shown [...]
UK businesses face large digital skills gap, reveals study January 20, 2022 UK employers struggle to find talent across the digital, culture, media and sports (DCMS) sectors according to a government survey.
Personetics announces $85m funding injection to boost banking personalisation January 19, 2022 Personetics has announced an $85m funding injection as it looks to accelerate the roll-out of its banking personalisation solutions.
Bain Capital close to $2.27bn takeover of French IT firm Inetum January 19, 2022 Buyout giant Bain Capital is close to finalising a deal to buy French IT firm Inetum in a deal worth around $2.27bn, according to reports.
Pearson ups profit expectations as it gears up for new offerings January 19, 2022 Pearson raised its full year guidance this morning, following a strong financial performance in 2021, with group sales up eight per cent.
City Moves: Who’s switching jobs in the Square Mile this week? January 19, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Standard Chartered Standard Chartered has appointed a new group general counsel who will be based in London. Dr Sandie Okoro, who has been senior vice president and World Bank group general counsel for the past five years, [...]