Raoul-Gabriel Urma is the founder and CEO of Cambridge Spark, an edtech business that works with companies to provide AI and data upskilling. In this week’s Founder in Five Q&A, Urma discusses trusting your own instincts, the innovative power of education and founders getting distracted from their clients by focusing too much on tech and operations. ... Read more ›
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The UK government has struck a partnership with Silicon Valley AI firm Anthropic to support the integration of artificial intelligence into public services. The deal marks one of the first private partnerships for the UK’s Sovereign AI unit, formed following the release of the tech department’s AI Opportunities Action Plan in January. The partnership will ... Read more ›
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Donald Trump is a very quotable man. Despite his ostensible dislike of the media, America’s new president has done about as many press conferences in his first two weeks as Biden managed in his entire period in office. Often he is quotable for the wrong reasons. When an American Airlines flight crashed in Washington last ... Read more ›
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The UK competition watchdog is reviewing how it can approve more deals amid increasing government pressure to fall in line with its push for economic growth. The Competition and Markets Authority (CMA) said it was delivering a package of reforms that will address the pace, predictability, proportionality and process of its regulatory activities. The CMA ... Read more ›
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The UK government will quickly “follow” the €109bn investment announcement from France’s President Emmanuel Macron, AI Minister Feryal Clark has said, in signs Downing Street is keen not to lose ground to Paris in the global AI race. Speaking at the opening of the London AI Hub – an AI-focused co-working space from Tech Nation, ... Read more ›
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As many as nine senior managers of PrimaryBid have left the retail investor tech company, jumping ship to rival RetailBook amid a ‘strategic shift’. PrimaryBid’s co-founder, managing director, legal counsel and six others have departed the fintech after it scaled back its services to UK consumers in favour of transitioning to becoming a pure-play technology ... Read more ›
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British Business Investments (BBI), a subsidiary of the British Business Bank, has extended its commitment to SFC Capital to £25m with the goal of backing an additional 100 regional startups. BBI said on Wednesday that it was committing an additional £10m to the investor through its Regional Angels Programme, designed to reduce regional imbalances in ... Read more ›
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XPeng has become the latest EV firm to set up shop in the UK as Chinese carmakers increase their market share. The Alibaba and Foxconn-backed business, which delivered 190,000 vehicles worldwide, has set itself a target of doubling that number for 2025, with Europe seen as a key growth driver — in which the UK ... Read more ›
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London-based embedded loan fintech SteadyPay has been reprimanded by advertising regulators for promoting “irresponsible” lending practices. An ad for SteadyPay that featured on Meta platforms depicted a woman holding a wad of cash saying: “Do you want something from the Black Friday sales, but worried you can’t afford it? You need to get CashWave by ... Read more ›
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Welsh semiconductor manufacturer IQE is looking to raise £18m through the issuance of convertible loan notes to a consortium of existing backers. The AIM-listed chip firm entered into a subscription agreement with the consortium of IQE investors and senior executives led by its largest shareholder, the Swiss bank Lombard Odier. The Cardiff-based company said it ... Read more ›
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Moore Kingston Smith’s ‘M&A in the UK IT services sector report’ shows that the sector demonstrated remarkable resilience and growth in M&A, outperforming many other industries. The year concluded with a total of 641 deals, marking a 3% increase from the 620 transactions recorded in 2023. This upward trajectory was particularly evident in the fourth ... Read more ›
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The tech industry is never one to shy away from grand declarations and the ushering in of new eras. When the launch of ChatGPT opened the world up to the possibilities of artificial intelligence, many proclaimed society was approaching its next industrial revolution, a fundamental change in the way humans live and work. That was ... Read more ›
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Deliveroo boss Will Shu is set to step down as CEO of the company, just under four years since its tumultuous London IPO, according to a report by Sky News. Chief Business Officer Marco Mocci has been tipped as the leading candidate to replace Shu. This is an evolving story, more to follow. Read more ›
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There is growing pressure on the Bank of London to release its hotly-anticipated annual report, with the fintech’s financial figures hurtling towards to being 150 days overdue. A spokesperson for the company was unable to give an update on the timing of the publication of the accounts, which were due to be submitted in September ... Read more ›
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Smart machines, from intelligent dishwashers to robotic surgeons, could open up £150bn of gross value added (GVA) to the UK economy, according to a government-commissioned report. The Smart Machines 2035 strategy paper from the government-appointed Robotics Growth Partnership committee claimed that with industry support, the value of automated machinery to the British economy could increase ... Read more ›
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Dunelm has unveiled plans to roll out self-serve checkouts across its store estate as retailers up and down the country turn to tech solutions to help mitigate impending rises in labour costs. The furniture store said the move, which follows a “successful trial”, will see the technology installed across more than 100 stores over the ... Read more ›
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OpenAI CEO Sam Altman has celebrated the UK as “pivotal” in the development of artificial intelligence as the Microsoft-backed firm shares data on Britain’s use of ChatGPT. The San Francisco giant revealed that the UK was in the top three countries for developers building through OpenAI’s technology, as well as for users paying for business ... Read more ›
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This week’s podcast guest is Dame Dawn Childs, CEO of Pure Data Centres Group, who discusses the significance of the government’s decision to designate data centres as critical national infrastructure, the potential for the green energy transition to be supported, not hindered, by the power demands of AI and why Britain needs more engineers. Pure ... Read more ›
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The declaration to be unveiled as part of the Paris AI Action Summit is “not strong enough”, according to the artificial intelligence research group Ada Lovelace Institute. The group warned the summit’s agenda lacked the “safety commitments of previous summits”, notably the AI Safety Summit held in the United Kingdom in 2023 that saw the signing ... Read more ›
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Intelligent self-driving cars got a step closer to hitting the UK’s streets on Monday as Wayve, the UK’s biggest autonomous driving technology company, names its new VP of product and delivery. Simone Fabris has joined the European leader in driverless vehicle software, tasked with heading up the development and delivery of its ‘Embodied AI’ technology. ... Read more ›
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10.03.2026 16:48
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