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Digital banks’ share of primary banking relationships fell in 2024, a survey has found, as traditional high street banks ramped up incentives and fine-tuned their tech offering to attract and retain customers. Neobanks accounted for 5% of primary banking relationships in the UK in 2024, down from 6% in 2023, according to a survey of ...
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UK Tech News
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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Shadowfax Delivers Profits In Q4 Shadowfax finally turned profitable in Q4. The logistics major swung to the black on the… Read more ›
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Brent Mayo, head of data center capital markets at advisory firm Newmark, has left the firm and told people he is joining investment firm DigitalBridge, according to two people with knowledge of the move. At Newmark, which specialized in commercial real estate, Mayo was a part of its digital ... Read more ›
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vivo has collaborated with world-renowned filmmaker Sam Kolder to create a short film that was shot entirely on the company's latest camera flagship, the X300 Ultra. The short film is called The Garden Route, and you can see it in its entirety below. The film celebrates South Africa's natural beauty, and captures "a journey shaped by movement, friendship, and discovery", according to vivo's press release. Sam Kolder said: "I thought... Read more ›
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It's true. You can cook almost anything in the air fryer, but these are my favorites. Read more ›
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Retail investors testified in the fraud trial of Andrew Left, with one saying he lost most of his 401(k) in stocks the short seller criticized. Read more ›
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The Melo-D is a smart guitar that comes with useful AI features. It looks particularly good for beginners but I have a few concerns. Read more ›
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Dragoneer, Greenoaks, Sequoia Capital and Altimeter Capital have agreed to co-lead a $30 billion round of funding into Anthropic at a $900 billion valuation before the money, according to a person with knowledge of the discussions. The investment nearly triples its last valuation of $350 billion ... Read more ›
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A federal jury is now deciding whether Elon Musk will win his lawsuit against OpenAI and Sam Altman—but the trial has made everyone look bad. Read more ›
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Doug Ellin, creator of HBO's "Entourage," attended Andrew Left's securities fraud trial on Thursday and called the short seller a "friend." Read more ›
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Fayette County declined to fine QTS after hidden water usage surfaced following complaints about weak residential water pressure locally. Read more ›
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AI lab has tapped Dragoneer, Greenoaks, Sequoia Capital and Altimeter Capital to lead new round Read more ›
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Amazon isn't always the cheapest place to shop, but a few home improvement finds can still beat Home Depot alternatives on value and usefulness. Read more ›
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The Moto G37 and Moto G37 Power were unveiled in global markets last month, and the two smartphones are now headed to India. While the Indian variants retain most of the spec of their global counterparts, they are powered by the Dimensity 9400 chipset. Motorola India has confirmed that the Moto G37 and G37 Power will launch in the country on May 19. Both smartphones will be available through Flipkart,... Read more ›
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Lawyers for Elon Musk, OpenAI and Microsoft delivered closing statements Thursday in their courtroom battle, setting the stage for jury deliberations next week. A lawyer for Musk argued that it was OpenAI’s 2023 deal with Microsoft that violated OpenAI’s charitable mission, in part by taking on ... Read more ›
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Law firms are developing their own systems, sometimes with an eye to selling them to clients Read more ›
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A 4GB file called weights.bin may be sitting on your hard drive right now, put there by Chrome without your knowledge. Read more ›
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This was quite the day. OpenAI is jumping up and down about its unhappiness with Apple (it’s doubtful Tim Cook is shaking in his boots). Big telecom threw down the gauntlet to Elon Musk and Amazon (not that they should worry). We get to both news items lower down. But first…the AI trade on Wall Street is booming, as demonstrated by today's public debut of AI chip design upstart Cerebras... Read more ›
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Earlier this morning we published exclusive returns on some of the biggest investors in AI chip designer Cerebras, whose shares surged in their first day of trading. The offering represents welcome cash for investors after they’ve seen initial public offerings get delayed year after year. Tiger Global Management, for instance, bought shares in September 2025 and earlier this year, when it led a $1 billion investment priced at $89 a... Read more ›
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UK Tech News
The City of London Corporation is calling on tech firms to build stronger digital verification services as fraud continues to wreak havoc on the financial sector. The organisation has launched a digital verification initiative that through it has urged the tech industry to support the development of these services on behalf of the financial sector. ... Read more ›
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Seraphim Space Investment Trust has raised £137m from its recent issuance of C-shares announced late last month. The group, which primarily invests across the space technology sector, announced on 27 April that it was looking to raise up to £350m through the offering of C-shares. The decision was made in part to take advantage of ... Read more ›
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Shashwat Patel is the founder and chief executive of Perry AI, an AI-based legal tech platform that automates tasks including document reviews and compliance checks. In this week’s Founder in Five Q&A, Patel discusses the importance of understanding who your customers are before you build your product, the practice of ruthless prioritisation and his passion for ... Read more ›
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CodeWords, a London-based startup aiming to provide firms with fully autonomous AI agents, has secured a $9m (£6.6m) seed investment. Founded in 2023, CodeWords is aiming to take agentic AI use among businesses to a deeper level. Instead of deploying agents that receive instructions and complete tasks, CodeWords aims to have agents that learn the ... Read more ›
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This week’s UK tech funding deals include quantum computing group Quantum Motion, cultured meat company Meatly and more. UKTN tracked £234m worth of UK tech investment this week (4 May to 8 May), an 86% week-on-week decrease across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Quantum Motion – £117.5m ... Read more ›
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Arãya Ventures and Sie Ventures have partnered to launch the Arãya Sie Fund, announcing a £7.5m first close to back female founders building in AI, deeptech, fintech, healthcare and sustainability. The new fund will invest in up to 40 pre-seed and seed-stage companies over the next four years, writing initial cheques of £100k to £300k ... Read more ›
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Mobile gaming analytics, forecasting and user acquisition (UA) startup Kohort has closed a $7m (£5.1m) Series A round to build UA agents for mobile game studios using AI. Kohort’s machine learning-based predictive analytics platform is built for the gaming and consumer sectors, helping mobile game studios, operators, finance teams and investors optimise user acquisition spend ... Read more ›
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Edinburgh-based global entertainment tech company Esk has raised £2.6m in a round led by Maven Capital Partners. Esk produces live experiences for blue-chip brands such as Netflix, Paramount and BAFTA. The business specialises in licensing IP from rightsholders and transforming it into live entertainment formats, providing services to promoters and venue operators on an international ... Read more ›
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Kaizan has raised £2.5m to develop its AI platform that helps client-centric firms detect client risk, automate service delivery and grow revenue. Kaizan strives to turn fragmented client signals into insights and automations that help companies grow their existing relationships. The platform unifies and analyses communications and account data across emails, calls, chat and internal ... Read more ›
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London-based AI data centre group Nscale’s meteoric rise continues with a new $790m (£580m) investment. Nscale has raised the additional financing to support the development of an AI data centre in Narvik, Norway. The injection comes just two months after the company was valued at $14bn following a £1.5bn Series C funding round. “Together, these ... Read more ›
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14.05.2026 22:43
Last update: 22:35 EDT.
News rating updated: 05:31.
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