Expensify Launches MCP for AI-powered Expense Management June 8, 2026 New integration connects Expensify to ChatGPT, Claude, Cursor, and other AI agents through the Model Context Protocol, enabling natural language access to expense data and approvals
Octus Signs Definitive Agreement to Acquire LevPro, Advancing Vision for a Market-Leading, Vertically Integrated Platform for CLO and Private Credit Managers June 8, 2026 Media Summary: Adding LevPro to Octus’ industry leading end-to-end platform unifies credit intelligence, research and portfolio management for CLO and private credit managers at every stage of growth.
Labour bets £1.1bn on Britain’s AI chip race June 8, 2026 Keir Starmer’s government has unveiled a £1.1bn package aimed at turning Britain into a global AI hardware powerhouse, with ministers backing domestic chipmakers and pouring capital into training the next generation of engineers. The new AI Hardware Plan, announced at London Tech Week by tech secretary Liz Kendall, includes £750m for a new national AI [...]
City law firm Shoosmiths invests extra £1m in firm’s bonus pot June 8, 2026 City law firm Shoosmiths has doubled down on its commitment to AI after setting aside a second £1m for its bonus pot to help staff become AI-fluent through its new internal accreditation programme, City AM can reveal. Last year, the firm exclusively told City AM that it set a “clear and ambitious annual target” of one million [...]
‘Walking stick daggers’ and ‘nunchucks’ return to London Tech Week banned list June 8, 2026 Before hearing the prime minister or mayor of London talk up Britain’s tech future, attendees of this year’s London Tech Week had an important task: make sure they had left their spear gun at home. The annual list of prohibited items returned to Olympia on Monday, featuring a 45-item catalogue of banned objects ranging from [...]
Private equity faces ‘sharp shock’ of triple threat stalling market momentum June 8, 2026 The global private equity market has stalled as it faces a triple-shock of issues which are contributing to a slowdown in market momentum, according to new figures from Bain & Company. The Big Three consulting firm said in its midyear report on private equity that the industry, “which was gathering momentum at the start of [...]
Blackstone looks to shed $2bn of stakes in private investment funds June 8, 2026 Blackstone is looking to offload over $2bn of stakes held in private investment funds, presenting a test of investors’ appetite for ageing private equity vehicles. The firm is promoting a so-called collateralised fund obligation (CFO), which will bundle more than $2bn (£1.5bn) of stakes in leveraged buyout funds into bonds to sell to investors and [...]
Britain’s first sovereign AI model secures blue-chip backing as Starmer unveils £400m plan June 8, 2026 Sir Keir Starmer’s push to build sovereign British AI capability has won backing from some of the country’s biggest companies, with BT, HSBC, Lloyds, Natwest and BAE Systems joining plans to develop Britain’s first sovereign frontier AI model. British AI startup Cosine unveiled a coalition of major banks, defence contractors and infrastructure firms who had [...]
Reply at VivaTech 2026: Making AI, Agents and Robotics Happen Across the Enterprise June 8, 2026 Reply [EXM, STAR: REY] is taking part in VivaTech 2026, Europe’s largest innovation and technology event, held from June 17 to 20 at Paris Expo Porte de Versailles. At the event, Reply will showcase its latest innovations around AI for software engineering, AI-powered experiences, data and AI, and industrial AI. This press release features multimedia. [...]
Nvidia chief brushes off tech sell-off as a buying opportunity June 8, 2026 Nvidia chief executive Jensen Huang brushed off a significant market wobble stoked by growing concerns surrounding AI, hailing the widespread sell-off as a buying opportunity for investors in a technology which is just “beginning”. Huang’s intervention came as Asian markets tumbled during Monday trading, following the Nasdaq’s 4.2 per cent plunge on Friday – its [...]