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      Musk and Anthropic seek to temper AI backlash with billion-dollar giveaways

      Tech billionaire Elon Musk has been asked to serve in Donald Trump’s cabinet. (Photo by Apu Gomes/Getty Images)

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  • Gambit Cyber Launches Vizier AI – An Autonomous Security Intelligence Workspace for Continuous Exposure Management

    June 3, 2026

    Next-Generation Agentic Security Workflow Automation Platform Transforms How Security Teams Detect, Respond, and Manage Cyber Risk at Scale

  • Space X bumps back to earth as analysts slash value 

    June 3, 2026

    Morningstar analysts have valued Space X at $780bn (£579.9bn), a figure less than half of what the company is reportedly aiming for in its upcoming initial public offering. The valuation comes roughly 48 per cent below its private market valuation, with Elon Musk’s company looking for a valuation between $1.7 trillion and $2 trillion. The [...]

  • As it happened: Stocks jitter on stalling US-Iran talks; OECD unemployment warning

    June 3, 2026

    Welcome back to the City AM liveblog. Markets are being pulled in countless directions from the conflicting information emerging around the conflict in the Middle East. The FTSE 100 managed to shrug off some of these jitters yesterday and secure a finish 0.3 per cent higher as the price of oil slipped. But this morning [...]

  • Is ‘disinformation’ really one of the biggest challenges facing London?

    June 3, 2026

    All power to the Lady Mayor and her newly assembled team of City leaders who want to shout from the rooftops about the strengths and assets of our great capital city. Dame Susan Langley will tonight launch a new campaign, Team UK, backed by some of the Square Mile’s biggest business and industry groups, with [...]

  • XFolio AI Acquires Absolute Payment Solutions to Unify Treasury and Payments for UK Corporates

    June 2, 2026

    XFolio AI (xfolio.ai), a Paris-based treasury and cash management technology group, has acquired Absolute Payment Solutions (APS) (https://www.absolutepayments.com/), one of a select number of Pay.UK-accredited Bacs service providers in the UK. This acquisition creates an integrated platform spanning Bacs and all payment types, open banking, risk management, and treasury—giving UK corporates of all sizes the [...]

  • Music bosses pass Tory blame to Labour over ticket tout row

    June 2, 2026

    When Labour announced plans last November to cap ticket resale prices, many in the live music industry thought a campaign that had dragged on for nearly two decades was finally approaching a conclusion, writes Saskia Koopman. The government pledged to make it illegal to resell tickets above face value, cap fees charged by resale platforms [...]

  • Blue Cloud Ventures Announces Final Close of Blue Cloud Ventures V

    June 2, 2026

    With over $1B in assets under management, Blue Cloud Ventures strengthens its commitment to the next generation of AI-driven enterprise software companies

  • Londonmaxxing: Queen’s start of top tennis year for capital

    June 2, 2026

    The capital is going through a period of Londonmaxxing, where the much-loathed Gen Z social media tribe is, surprisingly, bigging up London amid online hatred for the city.  They’re strutting with their coffees, diving into thousands of years of history and realising that London really is at the centre of much of the sporting universe. [...]

  • AMCS Group Appoints Eric S. Walsh as Chief Executive Officer

    June 2, 2026

    New CEO to lead global growth and strengthen customer partnerships worldwide

  • Patagonia faces PR backlash over trademark lawsuit with drag queen

    June 2, 2026

    Patagonia is in hot water over its legal action against a drag queen, but as lawyers suggest, businesses face a double-edged sword when it comes to protecting their trademarks. A drag queen artist and environmentalist, Wyn Wiley, was sued by the US outdoor retailer Patagonia, which alleged the performer violated its trademark by going professionally [...]

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