JP Morgan marks down private credit loans amid AI jitters March 11, 2026 JP Morgan has marked down the value of specific loans held by private-credit groups, tightening its grip on the sector as boss Jamie Dimon warns of a looming AI reckoning. The bank’s move specifically targets software companies, which it now views as highly vulnerable to being replaced by artificial intelligence. By devaluing these assets, JP [...]
Oil crisis: The answer isn’t panic, it’s power March 11, 2026 To be resilient to global shocks, Britain needs an era of energy abundance – and that means generating far more power at home and having the infrastructure to connect it, says Stuart George Every time the oil price spikes, the same uncomfortable truth returns: Britain is still far too exposed to energy markets we don’t [...]
AI minister defends billions amid ‘phantom funding’ scrutiny March 10, 2026 Britain’s multi billion-pound push to build sovereign AI capacity will inevitably include projects that are still taking shape rather than fully deployed capital, the UK’s AI minister told City AM, as scrutiny intensifies over the government’s headline investment figures. Kanishka Narayan, who was appointed as AI and online safety minister last September, said the scale [...]
Octus Unveils a Unified CreditAI Experience: The First-Ever, Compliance-Ready Generative AI Search for Both Public and Private Data Targeted Specifically for the Global Credit Markets March 10, 2026 New unified CreditAI is built on 12+ years of proprietary intelligence and data
Sound-proof booths are as important as AI for your office March 10, 2026 Your employees’ ability to concentrate is the biggest limiting factor on productivity, says Paul Armstrong Corporate leaders are pouring billions into artificial intelligence in pursuit of a long-promised productivity boom. Early evidence is suggesting the gains may stall for a surprisingly familiar reason: human attention. Research into what analysts now describe as ‘AI brain fry’ [...]
Ki Reply and Data Reply Lay the Strategic Foundation for AI Innovation at Siemens Healthineers with “Cerebra” March 9, 2026 Ki Reply and Data Reply, the Reply Group companies specialised respectively in AI-powered software development and data-driven solutions, have partnered with the “CRM Excellence” department of medical technology company Siemens Healthineers to develop “Cerebra“, an advanced AI platform designed to deliver rapid, relevant insights across marketing and sales. The concept proved so successful that “Cerebra” [...]
Nscale lands $2bn funding amid UK push to grow AI infrastructure March 9, 2026 London-based AI infrastructure firm Nscale has raised $2bn (£1.6bn) in funding, raising its valuation to $14.6bn as Britain seeks to get ahead of the global AI computing race. The series C round, led by Aker ASA and 8090 Industries, has been backed by heavyweight investors including Nvidia, Dell Technologies, Lenovo, Citadel and Point72. The funding [...]
Samsung on market for deals with AI giants March 8, 2026 Samsung is pursuing AI deals with tech leaders as it bets on artificial intelligence as the new front in its competition with Apple for dominance of the global smartphone market. The Korean tech giant’s consumer device chief has said the firm is “open to strategic co-operation” with AI companies like OpenAI. Samsung lost out against [...]
Blackrock fund limits withdrawals amid private credit fears March 7, 2026 The world’s largest asset manager BlackRock has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investors worries on the private credit industry grow. Blackrock’s shares tumbled 7.1 per cent on Friday following the announcement, closing at $955.45 (£713.37), amid a broader market sell off after worse than anticipated US [...]
University spinouts boom as startups pull in billions March 6, 2026 Academics are increasingly going on to start their own start-ups, with a surge in spinouts, patents and investment pointing to the growing commercial impact of Britain’s research base. New figures seen by City AM show the number of UCL academics seeking to commercialise their research has jumped by more than 25 per cent since the [...]