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London-based startup, which is vital to the government’s artificial intelligence ambitions, is now valued at $14.6bnBusiness live – latest updatesNscale, a UK company vital to the government’s AI ambitions, has raised $2bn (£1.5bn) in a funding round and appointed the former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors.It brings the […]
Oxford-based firm has raised $103m for commercial development of software for self-driving industrial vehiclesNvidia is investing in the British autonomous driving startup Oxa, alongside backing from the UK’s National Wealth Fund, in a boost to the country’s technology sector.The Oxford-based company, which has developed software for self-driving industrial vehicles, said it had raised $103m (£77m)
Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa Read More »
Dario Amodei questions if human systems are ready to handle the ‘almost unimaginable power’ that is ‘potentially imminent’Business live – latest updatesQuarter of Britons fear losing jobs to AI in next five yearsHumanity is entering a phase of artificial intelligence development that will “test who we are as a species”, the boss of leading AI
‘Wake up to the risks of AI, they are almost here,’ Anthropic boss warns Read More »
Synthesia makes digital presenters for clients to use in corporate videos and counts 70% of FTSE 100 as customersA British AI startup that makes realistic video avatars has almost doubled its valuation to $4bn (£3bn), in a boost for the UK technology sector.Synthesia was valued at $2.1bn last year and moved into new offices in
UK maker of AI avatars nearly doubles valuation to $4bn after funding round Read More »
OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOsYou’ve probably heard of “unicorns” – technology startups valued at more than $1bn – but 2026 is shaping up to be the year of the “hectocorn”, with several US and European companies potentially floating on stock markets at valuations
The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026 Read More »
