Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment” May 7, 2026 Round co-led by DCVC and Kembara, with participation from the British Business Bank and Firgun, positions stealthy Quantum Motion as UK’s best-funded quantum computing company. Quantum Motion’s silicon transistor-based architecture produces quantum computers with 100-fold reduction in cost and space requirements as well as 1,000-fold reduction in energy consumption compared to other approaches.
Exclusive: Ajax tank maker handed £12m from MoD despite trial pause May 7, 2026 The company behind the failed Ajax tank was paid more than £12m in the period trials were paused, City AM can reveal, laying bare the scale of dysfunction inside national defence procurement. General Dynamics continued to receive taxpayer cash in the period between late November and this week, the time where the government intervened to [...]
Time to network the rail May 7, 2026 Five London stations are being redeveloped – let’s combine these projects to get London’s growth back on track, says Peter Hogg Railway stations define London. From the first family trip out of Euston to the countryside, to passing through the market at King’s Cross, for many Londoners they are as integral to life here as [...]
Is Mercedes-Benz’s $500m WTA Tour partnership value for money? May 7, 2026 With the deal between Mercedes-Benz and the WTA Tour well underway, Matt Hardy heads to Madrid to see if its value for money. The supermarket meal deal, the cost of an upgrade to business class, the Category A versus Category B match ticket; value for money is one of capitalism’s greatest dilemmas. It is a [...]
Revealed: The 2026 City AM Awards Winners May 7, 2026 Around 500 guests enjoyed a night of celebration at London’s Guildhall on Wednesday 6 May where the winners of the 2026 City AM Awards were crowned. From 60 finalists across 12 categories, the judges chose their champions. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of [...]
Expensify Named Expense Management Platform of the Year May 6, 2026 TravelTech Breakthrough, a leading market intelligence organization, recognizes Expensify as a standout company advancing next-generation travel technologies
Big Tech wants a slice of the fashion world. But why? May 6, 2026 From Amazon to Meta, Big Tech is snapping up Met Gala tables and Vogue covers, but why, asks Anna Moloney.
Griffin’s Citadel to swerve New York after mayor’s wealth tax campaign May 6, 2026 Hedge fund juggernaut Citadel has diverted investment earmarked for New York to its Miami headquarters, founder Ken Griffin has said, after the city’s socialist mayor filmed a video promoting a new ‘pied a terre’ wealth tax outside the billionaire’s $285m penthouse. Griffin told CNBC that because of mayor Zohran Mamdani’s social media clip, his $67bn [...]
Compass Pathways to Announce First Quarter 2026 Financial Results on May 13, 2026 May 6, 2026 Compass management will host a conference call at 8:00 am ET (1:00 pm UK)
Options Technology Appoints Larry Leibowitz as Chairman of The Board May 6, 2026 Options Technology, the leading managed IT services and technology solutions provider, today announced Larry Leibowitz to Chairman of its Board. Leibowitz, who joined the Board in June 2023 as an independent director, assumes the Chairmanship as Options continues to accelerate its growth across key financial centres worldwide. This press release features multimedia. View the full [...]