Claude was the nice guy of AI – what changed? May 20, 2026 The narrative around Anthropic’s Claude, initially perceived as the “ethical AI company,” has recently shifted due to concerns over perceived hypocrisy, aggressive ambition, model degradation, platform restrictions, and vendor lock-in risk, causing customers and developers to seek alternatives, says Lewis Liu “You really feel like Claude is a real person that you are interacting with [...]
Bank of England’s Breeden: Digital gilt will bring down borrowing costs May 20, 2026 The Bank of England’s plans to help launch a digital gilt will make Britain’s sovereign debt more appealing to a wider pool of investors and help bring down government borrowing costs, its deputy governor has said. Speaking to City AM at the City Week conference, Sarah Breeden hailed the central bank’s efforts to help the [...]
Mustafa Suleyman-founded Inflection AI to return to London May 20, 2026 Silicon Valley startup Inflection AI is marking a return to London as the company forges ahead with its expansion plans, City AM can reveal. The artificial intelligence business was launched in 2022 by Deepmind co-founder Mustafa Suleyman and attracted early backing from Linkedin founder Reid Hoffman. It released its own large language model, Pi, and [...]
Data centres to consume tenth of global power by 2050 May 20, 2026 The AI boom is set to drive one of the largest increases in electricity demand in modern history, with data centres expected to consume a tenth of the world’s power by 2050. Global data centre electricity demand will more than double from 500 terawatt-hours (TWh) last year to 1,114TWh by mid-century, according to BloombergNEF data, [...]
John Lewis, Debenhams censored over Black Friday ads May 20, 2026 John Lewis, Debenhams and Boots have been censored over “misleading” Black Friday ads after being accused of overstating the discounts on offer to shoppers. The three retail giants have had their adverts banned by the Advertising Standards Authority (ASA), which monitors ads using an AI-powered tool. The watchdog has been cracking down on retailers’ pricing claims [...]
Canva Brings On-Brand, Editable Design into Google Gemini May 19, 2026 With the addition of the Canva Connected App for Gemini, the Canva Design Engine now enables seamless creation in every major AI Assistant. Turn AI-generated images from Google’s Nano Banana model into editable designs with Canva’s Magic Layers AI tool. Connect to team context and brand intelligence stored on Canva to create on-brand designs from the first prompt.
Global Millennial Capital Closes USD 100 Million IPO Opportunities Fund Focused on AI, Decentralized Financial Infrastructure, and Climate Technologies May 19, 2026 Global Millennial Capital Ltd. (“GMCL”) today announced the final closing of its inaugural IPO Opportunities Fund at USD 100 million. Raised through a private placement with institutional and professional investors, the fund targets late-stage and special opportunities investments across mid-cap technology companies operating in high-growth sectors, including artificial intelligence, decentralized finance infrastructure, cybersecurity, digital infrastructure, [...]
Deloitte set to boost UK staff bonuses and promotions May 19, 2026 Big Four giant Deloitte’s UK staff are set to be given higher bonuses and larger salary increases over the course of the year as the firm is set to surpass its profit targets. The firm’s UK chief executive, Richard Houston, said today that bonus funds would be upped by 14 per cent, while salaries would [...]
Echodyne and Moog Successfully Demonstrate Reconfigurable Integrated-weapon Platform (RIwP®) at U.S. Army Exercise May 19, 2026 Demonstration showed how combining advanced radar, sophisticated control systems, and AI can turn existing kinetic weapons into highly effective C-UAS effectors
Cloudflare Brings Secure, Scalable Sandboxes to Claude Managed Agents May 19, 2026 New integration combines Anthropic’s intelligence with Cloudflare’s global network to provide a highly secure and scalable foundation for autonomous AI