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Macmillan Cancer Support, one of the UK’s largest charities supporting medical research and victims of cancer, has announced the launch of a venture capital firm to fund organisations developing medical innovations. Macmillan Ventures, backed by donations from various philanthropists and organisations, will target funding for innovators in cancer treatment. The parent group has already started ...
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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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Researchers have just created the world smallest scannable QR code, and its only about 50 atoms wide Read more ›
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Google is considering giving Samsung Electronics a crucial role in making a component of one of its most advanced future AI chips, as the ongoing manufacturing capacity crunch pushes chip firms to look for suppliers beyond Taiwan Semiconductor Manufacturing Co. The U.S. tech giant is in talks with Samsung to manufacture part of a next-generation tensor processing unit—Google’s specialized AI chip used in its cloud data centers—with Samsung’s 2-nanometer production... Read more ›
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Lloyds Banking Group has announced a new agreement with Microsoft to support its next phase of AI adoption. The multi-year agreement was made to help the bank scale its agentic capabilities across its operations within the boundaries of its security, identity and governance framework. Lloyds said the aim is to support simpler, faster and more ... Read more ›
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Revolut co-founder Vlad Yatsenko will step down as the fintech’s chief technology officer next month, according to a company statement. Yatsenko has held the role since the company’s launch in 2014 and in that time has helped see it to becoming Europe’s most valuable private tech firm and launch as a fully licensed UK bank. ... Read more ›
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AI is no longer an emerging capability in private equity. It is already reshaping how deals are sourced, assessed and executed – streamlining due diligence, accelerating investment cycles and enhancing the precision of value-creation planning across core financial and operational processes. One of the most significant yet under-reported recent developments is the ability for investors ... Read more ›
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The UK will expand its Global Talent visa fast-track route as part of its efforts to encourage researchers and tech workers to live and work in the country. From the start of June, the Global Talent visa will be expanded with the addition of 13 Association for Innovation, Research and Technology Organisation (AIRTO) members to ... Read more ›
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This week’s UK tech funding deals include record-breaking quantum computing group Oxford Quantum Circuits, Newcastle spinout Gnosis Health and more. UKTN tracked £480.1m worth of UK tech investment this week (1 June to 5 June), a 367% week-on-week increase across 12 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Oxford Quantum ... Read more ›
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The UK tech sector has reached a $1.6 trillion (£1.2 trillion) valuation according to The Tech Nation Report 2026, launched today on the AI stage at London Tech Week. Published by Tech Nation, part of Founders Forum Group, the report shows UK AI startups raised more than $11bn (£8.2bn) in venture capital in the first ... Read more ›
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UK-based Creator Fund, the pre-seed VC that finds and backs Europe’s scientific founders before they have a pitch deck, has closed its first European fund at $56m (£42m). Creator Fund’s Scientific Founder programme is the engine behind its European deal flow. Each year, 40 venture fellows are selected and embedded across 30 universities in 10 ... Read more ›
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AMD is to invest up to £2bn over the next five years in the UK to accelerate AI innovation and research and expand access to the compute resources needed for long-term economic growth and scientific leadership. Speaking at London Tech Week, AMD’s chair and CEO Dr. Lisa Su outlined a series of investments and strategic ... Read more ›
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European satellite manufacturer NewOrbit has closed a $18.5m (£13.9m) Series A to open near-Earth orbits to commercial space flights. NewOrbit is building satellites for Very Low Earth Orbit (VLEO), a band of near-Earth space at 200-300km above ground historically reserved for spy satellites and the International Space Station. By flying closer to Earth, NewOrbit’s satellites ... Read more ›
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11.06.2026 09:22
Last update: 09:16 EDT.
News rating updated: 16:13.
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