Allianz tech blitz dethrones AXA to claim Europe’s insurance AI crown June 16, 2026 Allianz has officially overtaken French insurer AXA to claim the top spot in global AI maturity, capitalising on a massive talent hoarding strategy. The German insurance giant, Allianz, has amassed an AI workforce 28 per cent larger than its closest rival, resulting in a staggering 900 active AI use cases worldwide and putting pressure on [...]
Adobe and LinkedIn target AI skills gap in marketing roles June 16, 2026 Adobe and LinkedIn have launched a new AI training programme for marketers as businesses accelerate their adoption of AI and demand for AI-skilled workers surges. Together, the firms are rolling out a free programme through LinkedIn Learning, Fortune reported, offering role-specific courses covering digital marketing, content creation, social media, communications, data and analytics. The launch [...]
Trump to reject UK plea over Anthropic ban as AI ‘kill switch’ fears grow June 16, 2026 The White House is poised to reject Keir Starmer’s attempt to restore British access to Anthropic’s most advanced AI models, in a move that has exposed how dependent the UK has become on a handful of American Big Techs. Downing Street has spent recent days lobbying Washington for an exemption after the Trump administration blocked [...]
Former KPMG chief joins £10m funding round for AI-powered audit challenger June 16, 2026 A Berlin-based audit AI firm has raised over £10m in a fundraising round, including from Dawn Capital, to expand into the UK market as a solution to the skilled labour shortage in the audit industry. Cortea, founded in 2024 by Valentin Neumann and Philipp Hovelmann, pitches itself as an answer for firms under pressure to [...]
The EU has regulated itself out of the AI race but the UK is still in the game June 16, 2026 After months of debate and final negotiations that stretched long into the night, EU officials were jubilant when, as 2023 came to a close, the European Parliament reached an agreement on what would become the EU’s AI Act; a sprawling legal framework designed to regulate artificial intelligence across all member states. The EU’s top officials [...]
Late payments costing UK economy £11bn as SMEs struggle to invest June 15, 2026 Late payments are costing the UK economy an estimated £11bn a year and leaving small businesses (SMEs) waiting almost a month to be paid, amid growing concerns over blocked cashflow across the economy. Research from Sage shared with Morning Wire found that 49 per cent of SME invoices are paid late, with businesses waiting an [...]
Fraud losses surge as scammers use AI to manipulate victims June 15, 2026 Fraud losses from people being tricked into transferring money to scammers surged by nearly a fifth last year, as criminals turn to AI to manipulate victims. More than half a billion was stolen in 2025 after artificial intelligence created a “lower barrier for entry” for criminals, according to UK Finance. Criminals managed to trick victims [...]
Elon Musk becomes world’s first trillionaire after SpaceX mega float June 13, 2026 Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire. The 54-year-old’s net worth was estimated at 982.6bn US dollars (£733bn) before the float, according to Forbes, which has swelled [...]
Trump ban on AI access to foreign users forces Anthropic to suspend models June 13, 2026 President Trump has banned non-American nationals from accessing Anthropic’s newest AI model, forcing the company to suspend the model for all users. Anthropic, which is the maker of Claude, said the US government cited national security for its banning order before it pulled Fable 5 and Mythos 5 from use. The decision has raised concern [...]
London Tech Week day five: A week that gave me confidence in the UK tech ecosystem June 12, 2026 From the office to the climate, the conversations at London Tech Week point in a clear direction: UK tech is moving from potential to deployment.