
Reeves vows to stop UK tech ‘drifting abroad’ with £2.5bn AI and quantum push
Rachel Reeves unveils £2.5bn investment in AI and quantum computing to stop UK tech firms moving overseas and boost economic growth amid global uncertainty.
Artificial intelligence coverage with the Business Matters filter: not the hype cycle, but what AI adoption actually looks like inside UK firms – the tools, the costs, the failures, and the regulation heading down the track.

Rachel Reeves unveils £2.5bn investment in AI and quantum computing to stop UK tech firms moving overseas and boost economic growth amid global uncertainty.

UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Cebr as HSBC launches a £5bn AI productivity…

London biotech startup Ternary Therapeutics has raised £3.6m to scale its AI-powered platform designed to engineer molecular glue medicines targeting previously undruggable proteins.

Meta is reportedly planning sweeping layoffs that could affect up to 20% of its workforce as the tech giant ramps up AI investment and pursues greater…

Trinny London founder Trinny Woodall says artificial intelligence can help women advance their careers after training 150 employees in AI tools at her £70m cosmetics company.

US startup Anchr raises $5.8 million to build an AI-native operating system for food distributors, aiming to automate purchasing, inventory, sales and finance across the food…

AI company Anthropic has sued the US government after being labelled a “supply chain risk” following a dispute over military use of its technology and restrictions…

The number of companies paying ransomware demands rose sharply in 2025 as hackers used AI to launch more sophisticated cyberattacks, with payments averaging $296,000.

OpenAI has postponed the launch of ChatGPT’s “adult mode” as it prioritises improving AI performance, personalisation and safety features amid intensifying competition in the artificial intelligence…

Former UK deputy PM Nick Clegg and ex-Meta COO Sheryl Sandberg have joined the board of British AI infrastructure start-up Nscale following a $2bn funding round…

Mega has raised $11.5 million in Series A funding to scale its AI-powered marketing platform that replaces traditional agencies with automated growth tools for SMBs.

John Lewis plans to sell products through ChatGPT and TikTok Shop as part of a multimillion-pound AI-powered shopping strategy aimed at attracting younger customers.

New research from the Women and Work APPG warns AI systems risk reinforcing gender inequality in recruitment, promotion and pay unless women are better represented in…

Morgan Stanley plans to cut 2,500 jobs—around 3% of its workforce—despite reporting record revenues of $70.6bn, amid growing debate over AI’s impact on white-collar employment.

Cambridge ag-biotech Bindbridge has raised $3.8m to develop AI-designed molecular glues for next-generation herbicides and crop protection, targeting $70bn in annual crop losses.