‘Safe’ version of Anthropic’s Mythos model hits market Tech Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution. Fable 5 is being rolled out via Anthropic’s interace, but the launch comes with strict limitations. The San Francisco-based AI titan [...]
‘AI is not killing all these jobs’: LinkedIn boss on UK hiring slump Tech Hiring in the capital is down 32 per cent from January 2019, a steeper fall than in any other region tracked by LinkedIn, as higher interest rates and corporate cost-cutting weigh on firms that dominate London’s labour market. Across the UK, hiring has slowed by 24 per cent on pre-pandemic levels and 10 per cent [...]
IBM’s consulting chief warns AI will ‘implode’ unprepared rivals Consulting IBM Consulting, under Mohamad Ali, claims to have surged ahead in AI by pioneering a human-plus-digital workforce and transforming its own operations before selling innovative solutions to clients, leaving less-prepared consulting rivals scrambling to keep up, writes Maria Ward-Brennan. IBM’s consulting chief, Mohamad Ali, warns that AI will “implode” unprepared rivals, claiming the group has [...]
From mild to wild: What impact will AI have on banking jobs? June 10, 2026 Top banking bosses have issued their AI verdict after Standard Chartered stunned the sector with plans for sweeping job cuts last month. In this week’s column Samuel Norman looks at whether a reckoning could be on the horizon. The big-name banker must have known how the conversation would go when he arrived for lunch with [...]
Molten Ventures shares surge as it offloads Revolut stake June 9, 2026 Shares in Molten Ventures surged on Tuesday morning after the startup investor confirmed it had sold down its stake in Revolut. The FTSE 250 firm said it made £63m from the share sale, adding that it still had a stake in the company worth more than £100m following the disposal. Molten was an early investor [...]
OpenAI files to go public as the race between tech giants heats up June 9, 2026 OpenAI has confirmed plans for an initial public offering as it looks to beat fellow artificial intelligence giant Anthropic to Wall Street. The artificial intelligence firm, led by chief executive Sam Altman, submitted paperwork to the US Securities and Exchange Commission for an IPO on Monday. OpenAI did not disclose the size or terms of [...]
‘We’ve got lots of things going for us America doesn’t’: Sadiq Khan on competing with Silicon Valley June 8, 2026 Sadiq Khan has claimed that shifting political dynamics in the US are actively driving tech talent and venture capital to the UK, arguing that London possesses structural and cultural advantages that “America doesn’t” as he seeks to position the capital against Silicon Valley. The Mayor of London announced a new £12m investment programme on Monday [...]
Starmer: Britain must ‘not stick its head in the sand’ on AI June 8, 2026 Sir Keir Starmer has said Britain must not “stick its head in the sand” on artificial intelligence, with the technology set to fundamentally reshape the UK economy. The Prime Minister used his speech at London Tech Week to unveil a major sovereign computing push, new AI skills programmes and a vision for keeping Britain’s fastest-growing [...]
City law firm Shoosmiths invests extra £1m in firm’s bonus pot June 8, 2026 City law firm Shoosmiths has doubled down on its commitment to AI after setting aside a second £1m for its bonus pot to help staff become AI-fluent through its new internal accreditation programme, City AM can reveal. Last year, the firm exclusively told City AM that it set a “clear and ambitious annual target” of one million [...]
Nvidia chief brushes off tech sell-off as a buying opportunity June 8, 2026 Nvidia chief executive Jensen Huang brushed off a significant market wobble stoked by growing concerns surrounding AI, hailing the widespread sell-off as a buying opportunity for investors in a technology which is just “beginning”. Huang’s intervention came as Asian markets tumbled during Monday trading, following the Nasdaq’s 4.2 per cent plunge on Friday – its [...]