Another UK snub: Cambridge spin-out eyes New York IPO as unicorn status beckons January 29, 2024 Life sciences startup Nuclera has said it is eyeing up a public listing in New York in the next five years as it approaches unicorn status.
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report January 29, 2024 Big tech companies Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week.
UK ‘complacent’ on data protection, OVH Cloud chief warns January 28, 2024 The UK is too complacent in its approach to data protection, the boss of French cloud provider, OVH Cloud, has said.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
UK data centre company raises £206m from Deutsche Bank to support AI ambition January 24, 2024 Kao Data has completed a £206m debt raise with Deutsche Bank as it looks to support the UK's increasing appetite for AI.
Embrace it or be left behind, says AI-driven business founder January 24, 2024 Scaling a start-up with the help of AI could be the newest trend in 2024, as small and medium enterprises (SMEs) across the UK are beginning to consider it their "gateway to growth".
Brace for the ‘techlash’ says FCA chief as he warns on future of financial services January 23, 2024 The chief of the Financial Conduct Authority (FCA) has said the UK's financial services may need to prepare for a "techlash".
Investors ready for Tesla update as Musk eyes bigger stake January 21, 2024 Elon Musk's Tesla is gearing up to release its fourth quarter results on Wednesday as Musk is vying for a larger stake.
Jeremy Hunt drops major tax cuts hint at Davos before March budget January 19, 2024 Chancellor Jeremy Hunt dropped another major hint about March’s much-anticipated budget, saying the “only direction of travel” is for the UK to embrace low taxation. Speaking at Davos in Switzerland, he said Britain should emulate other economies with low taxes, as the Conservatives gear up for an election later this year. Hunt, who will deliver [...]
‘Huge vote of confidence’: Sunak cheers Google’s £790m AI injection in Watford January 18, 2024 Google has announced plans to invest $1bn (£790m) to build a new UK data centre as it tries to gain a lead in the race for AI supremacy.