UK AI investment hits record £8.3bn as London tightens grip on tech boom May 18, 2026 Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]
Britain’s data centres are eating the grid – and we underestimated the damage May 14, 2026 UK data centre emissions forecasts have been revised upward 100-fold. London’s server farms already consume more power than all its households combined. So why did it take this long to do the maths? Data centres are consuming six per cent of all UK electricity, while government emissions forecasts have been revised upward by a factor [...]
Cisco’s ‘record highs’ face AI earnings reality check May 13, 2026 Cisco is set to report its quarterly earnings after the bell on Wednesday, and Wall Street is looking for evidence that the software giant’s AI-fuelled rally still has legs. Investors expect the Silicon Valley group to post third-quarter revenue of roughly $15.56bn (£11.52bn), up from $14.15bn a year ago, with earnings per share forecast at [...]
Google to teach small publishers how to use AI amid copyright row May 12, 2026 Google has launched an AI training programme for small publishers to teach them how to benefit from AI, as the technology continues to reshape how audiences access news. The announcement follows a similar scheme launched by the Mag Seven firm last year, which had targetted bigger players in the industry, with names like Tindle Newspapers [...]
Big Short guru: Nasdaq about to resemble a ‘bloody car crash’ May 12, 2026 The investment guru depicted in the Big Short has warned that New York’s Nasdaq resembled “the scene of a bloody car crash, minutes before it happens”, accusing Wall St of overinflating the bumper Big Tech earnings that have carried US indexes to a string of all-time highs. Michael Burry, whose decision to bet against the [...]
NHS gives Palantir wider access to patient data amid growing backlash May 11, 2026 NHS England has expanded access to sensitive patient data for external contractors working on its controversial Palantir-backed data. The move has sparked concerns over privacy for such sensitive data, and the growing influence of American Big Techs inside the UK’s health service. According to the Financial Times, internal briefing documents show NHS officials approved new [...]
Lime races SpaceX and OpenAI to IPO as revenues soar May 11, 2026 Lime, the Uber-backed e-bike giant, filed for a Nasdaq listing over the weekend, joining a growing cohort of tech giants racing toward public markets this year. The Silicon-Valley based micromobility titan, known for its ubiquitous green bikes, plans to list on Nasdaq this year, following revenues jumping 29 per cent to $886.7m (£665m) in 2025, [...]
Meta can read your Instagram DMs from today May 8, 2026 Instagram users are waking up to a major privacy rollback after Meta officially switched off end-to-end encrypted direct messages, giving the tech giant far greater visibility into private conversations shared across the app. From today, users who previously enabled Instagram’s optional encrypted chats will lose access to the feature entirely, with all messages reverting back [...]
Samsung workers threaten strike over AI profits as market value hits $1 trillion May 7, 2026 Samsung Electronics is facing the threat of a major worker walkout, after unions demanded a bigger share of the company’s AI-fuelled semiconductor profits. Two Samsung unions are pushing for a seven per cent pay rise and a bonus scheme worth 15 per cent of each division’s operating profits, with workers threatening an 18-day strike later [...]
OpenAI listing plans hit as Altman scraps robotics spin-off idea May 5, 2026 Tech behemoth OpenAI internally shelved plans to spin off its robotics and consumer hardware divisions, as chief executive Sam Altman tightens focus ahead of a potential IPO that could value the company at up to $1 trillion (£737bn). The proposed restructure, as first reported by the Wall Street Journal, would have mirrored Alphabet’s model, separating [...]