When AI’s taken all the work, what will we all do? June 12, 2026 The possible abundances of the AI-powered future mean that our lives won't be nasty, brutish and short – but will they be devoid of meaning?
COOCON Joins Global AI Agent Foundation AAIF to Advance AI Agent Payments and MCP-Based Data Business June 12, 2026 - Establishes a global collaborative network with more than 180 companies, including OpenAI, Google, Anthropic, and Microsoft - Joins discussions on AI agent payment and MCP data standards, accelerating its expansion into the global payment and data markets
SpaceX lands record $75bn raise as Wall Street braces for mega debut June 12, 2026 Elon Musk’s SpaceX is set to begin trading on Friday after pulling off the largest IPO in history, with investor demand reportedly topping $250bn (£186bn) and early trading indications pointing to a big first-day jump. The aerospace and AI giant raised $75bn at a fixed price of $135 per share, giving the company a valuation [...]
KPMG report on AI found riddled with AI hallucinations June 12, 2026 A new probe into Big Four KPMG’s report on agentic AI found that the majority of its references were flawed, amid the latest news of AI-hallucinated reports published by professional services firms. The investigation, conducted by GPTZero, focused on KPMG’s October 2025 report, ‘Total Experience: Redefining Excellence in the Age of Agentic AI’, which summarises [...]
As it happened: FTSE 100 rises as easing Iran tensions offset GDP blow; SpaceX set for blast off June 12, 2026 Welcome back to the City AM liveblog. Global equity investors are bracing for Musk’s record-breaking market debut SpaceX is set to begin trading on Nasdaq today after Elon Musk’s rocket, satellite and AI empire pulled off the largest IPO in market history. The company raised $75bn after pricing shares at $135, giving it a $1.77 [...]
Why do so many Gen Zs like me love the Pope? June 12, 2026 Pope Leo XIV is appealing to a new generation with TikTok memes, student saints and a firm stance against AI, says Maria Ward-Brennan When Pope Leo XIV was first elected, I’ll be honest: I wasn’t overly keen. Part of me believed the Pope should come from a Catholic country. But this US-born man has changed [...]
London Tech Week day four: Tech still cares about diversity June 11, 2026 Who gets to help shape the future? In London's tech sector, we know diversity is still our greatest strength, writes Russ Shaw from day four of London Tech Week.
eClerx Included in ‘The Business Process Outsourcing Services Landscape, Q2 2026’ Report by Independent Research Firm June 11, 2026 eClerx Services Ltd (ECLERX.NS), a global leader in AI-powered analytics, digital operations, automation, and business process management, today announced that it has been included in Forrester’s report on ‘The Business Process Outsourcing Services Landscape, Q2 2026’. The report says, “Business and technology leaders should use this report to understand the value they can expect from [...]
As it happened: Starmer dealt defence blow as investors react June 11, 2026 This was the City AM liveblog on Thursday 11 June. John Healey resigned as defence secretary over a lack of funding for the armed forces, heaping pressure on Sir Keir Starmer. Industry officials reacted with regret and paid tribute to Healey. The FTSE 100 also climbed on Thursday to defy fresh tensions between Iran and [...]
BT boss bags pay rise despite £3.7bn cost-cutting drive June 11, 2026 BT chief executive Allison Kirkby received a £5.6m pay package last year, more than double the £2.5m she earned a year earlier, as the telecoms giant accelerated a sweeping cost-cutting programme designed to strip billions from the business. According to the FTSE 100 group’s annual report, Kirkby was paid £5.58m for the year to 31 [...]