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ai firm

  • AI firms targeting London’s rare book shops in ‘dystopian’ hunt for training data

    AI

    London’s rare book shops appear to have been targeted by AI companies searching for books to train their models, after court documents revealed Anthropic bought, scanned and destroyed millions of physical books as part of a controversial project to feed an insatiable demand for training data. One London-based seller of rare books told Morning Wire [...]

    Bloomsbury has reported results ahead of consensus expectations
  • ‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

    Banking

    One of the world’s leading financial figures has warned AI will inevitably lead to a cut in jobs amid growing jitters around the impact the new tech will have on the banking sector. Jamie Dimon – the top boss of America’s largest bank, JP Morgan – said: “I think [AI] will reduce our jobs down [...]

    Jamie Dimon caution echoes a recent alert from the Bank of England’s Financial Policy Committee (FPC) on Wednesday, which highlighted stretched valuations in AI-focused tech companies.
  • Bezos AI lab eyes King’s Cross Silicon Valley hub

    Tech

    Amazon founder Jeff Bezos’s AI venture is in talks to expand in London, joining a growing cluster of AI giants around King’s Cross, which is increasingly being seen as the UK’s rival to Silicon Valley. Project Prometheus, the billionaire’s secretive AI lab, is in talks of taking up office space within the Jellicoe Buiding, the [...]

    City grandee and former BBC chair Sir David Clementi will step down as head of King's Cross Central, marking the end of a 16 year stint at the company.
  • Tech firms sign for 400,000 sq ft of London office space in a month

    April 22, 2026

    AI firms have signed for nearly 400,000 sq ft of London office space in under a month, in the biggest rush of tech leasing the capital has seen in a generation. Anthropic confirmed this week it has taken 158,000 sq ft at One Triton Square near Euston in a deal with British Land and Royal [...]

  • OpenAI investor calls for tax overhaul as AI reshapes jobs market

    March 29, 2026

    An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]

  • China ties force co-founder exit at UK AI startup Fractile

    February 5, 2026

    Co-founder of British AI chip startup Fractile left the company after concerns were raised internally about his links to China amid growing scrutiny of national security risks across the UK’s strategic tech sector. Yuhang Song, Fractile’s former chief technology officer, departed the business in May 2024 following questions over his academic background and earlier ties [...]

  • Accenture bets on British AI talent with Faculty buy

    January 6, 2026

    Professional services firm Accenture has announced the acquisition of London-based AI specialist Faculty, in a deal that cements the City’s role as a global talent hub. The Dublin-based US firm said the acquisition will bring more than 400 AI specialists into Accenture’s workforce, deepening its capabilities in applied AI, decision intelligence and AI safety. The [...]

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