Online auctioneer ATG posts revenue growth as Brits unlock value of art and antiques April 16, 2024 Online auction marketplace ATG recorded total revenue of $86m (£69m), up 6 per cent year-on-year and up one per cent on an organic basis.
Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’ April 15, 2024 Tesla boss Elon Musk said: “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry."
Samsung steals smartphone crown from Apple as Chinese rivals Huawei, Oppo and Xiaomi eat into market April 15, 2024 Apple's iPhone sales sagged 10 per cent in the first three months of 2024, while Samsung shipments also fell, but only by 0.7 per cent.
Health tech group to expand in UK amid booming private healthcare demand April 15, 2024 The provider of 'at home' healthcare services is eyeing a £3m funding round, aiming to add seven new sites to its existing three locations.
Google backs £9.5m London legal tech firm which ‘combines AI with human lawyers’ April 15, 2024 Google Ventures (GV) has led a seed round worth £9.5m to fund legal tech company Lawhive, along with participation from Episode 1 Ventures.
UK government set to speed up regulation of AI models like ChatGPT and Google Gemini April 15, 2024 New legislation would likely limit the production of large language models such as ChatGPT and Google's Gemini.
Kainos: Key NHS supplier warns of lower revenue amid shaky demand for software services April 15, 2024 Software firm Kainos had projected revenue of £395.4m to £404.1m, while the consensus revenue estimate is £400.7m.
Fintech boards lack AI skills needed to drive future growth, survey finds April 15, 2024 Company boards of the UK’s top fintechs lack the necessary skills and experience in artificial intelligence, a new survey has suggested, which could hold back future growth for these firms.
Hollywood strikes ‘groundbreaking’ AI agreement with Sony, Universal, Warner and Disney April 14, 2024 The deal includes Warner Music Group, Sony Music Entertainment, Universal Music Group and Disney Music Group.
AIM-listed biotech firms face crunch votes on London Stock Exchange exits April 14, 2024 Redx Pharma and C4X Discovery have scheduled general meetings this week to vote on proposals for delisting from the London Stock Exchange.