Nvidia’s $250m UK AI bet sparks warning over ‘foreign dependence’ Tech Nvidia’s $250m investment in the UK’s AI safety research risks deepening the country’s dependence on American tech unless ministers ensure researchers retain control over safety standards, analysts have warned. The world’s most valuable company has pledged $50m a year in computing power over five years to support British research into autonomous AI agents, alongside plans [...]
OpenAI-backed fintech raises $1.6m to tackle regulation Tech A London fintech backed by employees of OpenAI and some of the world’s biggest banks has raised $1.6m (£1.2m) to help financial firms navigate mounting regulatory requirements using artificial intelligence. Relace, founded by a former lawyer and an AI engineer, has secured the pre-seed funding in a round led by Boost Capital, with backing from [...]
AI doom headlines aren’t spooking all investors Opinion Retail investors' response to AI doom headlines disproves the common notion that they move as a herd, writes Finimize CEO Carl Hazeley.
Nvidia launches AI agent safeguards alongside record buyback September 28, 2026 Nvidia has launched new safeguards designed to stop AI agents breaking out of controlled environments, after a series of security incidents have fuelled calls for tighter oversight of the technology. The chip giant said its Open Agent Safety Platform could have prevented OpenAI agents from breaching Hugging Face earlier this year, when thousands of agents [...]
I’m an AI investor: here’s why I just deleted Claude September 23, 2026 Anthropic’s messianic pronouncements are no longer like a marketing strategy, but a religious playbook, says Lewis Liu I canceled my personal Claude subscription this week and deleted years of work. I don’t object to the technology (I’m an AI investor currently working at the sharp end of its capabilities) but I believe that tone and [...]
London AI infrastructure firm Nscale files for $35bn US listing September 20, 2026 Nscale has filed for an initial public offering in the US, as it looks to tap into AI’s growing demand for infrastructure. The Nvidia backed AI cloud provider is targeting a valuation of up to $35bn. The group will also launch a retail offering for UK investors, allowing them to purchase shares via Retailbook. The [...]
Musk skips King’s AI safety summit with world’s biggest tech chiefs September 17, 2026 King Charles will warn some of the world’s most powerful AI companies against letting humanity “lose control of our destiny” on Thursday, as he brings tech bosses together in Scotland amid escalating warnings about the new technology. The King will host executives from Nvidia, OpenAI, Anthropic and Google Deepmind at Dumfries House in Ayrshire to [...]
As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom August 27, 2026 Welcome back to the City AM FTSE 100 liveblog. The UK’s blue chip index suffered heavy losses on Thursday, as murky US inflation data overshadowed Nvidia’s sales triumph. While headline inflation fell back, the Fed’s preferred measure – the Personal Consumption Expenditures Price Index (PCE) – is still running hot at 3.7 per cent. Investors [...]
As it happened: Antofagasta leads FTSE 100 rally; oil falls as US-Iran deal ‘close’ August 26, 2026 Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index slipped on Wednesday morning, dragged down by oil majors BP and Shell, before recovering later in the day to be level with Tuesday’s close. Brent crude – the international benchmark – fell by more than two per cent on Wednesday to $86 [...]
Legora eyes $10bn funding valuation four months after last raise August 13, 2026 AI legal tech firm Legora is eyeing a new funding round as it aims for a $10bn valuation, nearly double the $5.6bn it raised in April. The Stockholm-based startup, which creates AI tools for law and professional services firms and corporate in-house legal teams to draft and review documents, is reportedly in the early stages of [...]