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UK AI chip startup Fractile has raised a $220m (£162.8m) Series B round to accelerate the build of its next-generation inference hardware for AI. Inference hardware is designed to run pre-trained AI models and make real-time predictions, decisions or generative outputs. Fractile is developing chips and systems designed to make faster inference economically viable, working ...
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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It's one of the best times to snag yourself a Dyson device, whether it's a vacuum or a beauty tool. Read more ›
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Monument Technology, a UK-based cloud Banking-Platform-as-a-Service (BPaaS) provider, has raised £18m in seed funding. Founded in 2023, Monument provides banking and financial services customers with an end-to-end service that integrates Monument’s proprietary technology with existing components, such as Mambu, Salesforce and Nice Actimize, and combines core banking, payments and customer channels into a single managed ... Read more ›
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HSBC and Google Cloud have launched a multi-year partnership to build and deploy AI capabilities across the bank’s operations. The partnership will supply AI technology to support areas including “hyper-personalised” advice and financial crime risk management. HSBC said it will work alongside engineering teams at Google Cloud and DeepMind to collaborate on new AI tools ... Read more ›
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Recent headlines might suggest that seed funding has never been healthier. Over the past year, a growing number of AI startups including labs and companies founded by serial entrepreneurs – such as Ineffable Intelligence and Safe Superintelligence (SSI) – have raised unusually large seed and pre-seed rounds. In some cases, tens of millions of pounds ... Read more ›
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Fintech group Revolut is set to expand its Middle Eastern operations with the final approvals secured from regulatory authorities in the United Arab Emirates. Revolut received an in-principle approval from the central bank of the UAE back in September 2025 and has now announced it has officially secured its Stored Value Facilities (SVF) licence and ... Read more ›
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Conduct, a startup that has developed an “AI operating system” for managing complex software systems, has secured a $60m (£44.72m) Series A funding round. The idea behind Conduct is helping large enterprises continue to run on bloated systems that have had thousands of changes and customisations over the years. Changing or update critical processes regarding ... Read more ›
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Flagright has raised a $12.5m (£9.3m) Series A round to expand AI use cases across compliance operations and increase its US market presence. Flagright is an AI operating system for financial crime compliance. Its unified, risk-based platform centralises transaction monitoring, watchlist screening, investigations and governance so financial institutions can run modern compliance programs on a ... Read more ›
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Sage has partnered with Google and Multiverse on an event to help small businesses in the North East gain practical AI skills. The event, supported by techUK and hosted in the region’s AI Growth Zone, comes at a time when many small businesses are understanding how and where to use AI. Sage says while interest ... Read more ›
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The future rollout of self-driving vehicles across the UK has moved a step closer as the government seeks the public’s views on the safety rules that will let people own and use them on British roads. The government says the consultation will ensure the technology is rolled out safely and responsibly, giving people confidence in ... Read more ›
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The Competition and Markets Authority (CMA) has introduced two new conduct requirements for Google’s general search services under the UK’s digital markets competition regime. The first requires that Google improve transparency and fairness in how search results are ranked. The second requires Google to allow users to port their search data to authorised third parties, ... Read more ›
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FPE, a specialist private equity investor that focuses on B2B software companies, has secured a £40m commitment to its Fund IV from a UK state-owned investor. The British Business Bank, which previously committed £20m to FPE’s Fund II back in 2017, announced its latest show of support on Thursday. The bank said its cornerstone commitment ... Read more ›
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23.06.2026 22:16
Last update: 22:10 EDT.
News rating updated: 05:10.
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