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.
OpenAI will expand its London research centre to become its largest hub outside the US, intensifying competition with Google DeepMind for top AI talent.
UK proptech Dwelly has raised £69m to acquire and digitise letting agencies nationwide, using AI to streamline rentals, maintenance and rent collection.
AI startup Enginuity has secured £500,000 led by Fuel Ventures to commercialise dormant patents and connect global IP with live market demand.
UK job vacancies have fallen to their lowest level since 2021, with graduate roles dropping sharply as national insurance rises and AI adoption curb recruitment.
UKAI, the UK’s trade association for the AI industry, has appointed global communications agency Centropy PR as its agency of record.
Battery Ventures has closed a $3.25bn oversubscribed fund to invest in software, AI, cybersecurity and industrial tech across the US, Europe and Israel.
Alphabet plans to spend up to $185bn this year as it accelerates AI investment, reporting strong fourth-quarter results but facing investor scrutiny over soaring costs.
London-based Mozart AI has raised $6m in a seed round led by Balderton Capital as it accelerates growth of its AI-powered music creation platform and launches…
UK chip start-up Fractile is investing £100m to expand operations in London and Bristol, backing Britain’s push for sovereign AI hardware and more efficient inference chips.
London-based energy tech firm Tem has raised $75m in funding led by Lightspeed Venture Partners as it uses AI to cut business electricity bills by removing…
Barclays plans to cut £2bn of costs over three years and ramp up the use of AI as it targets more than £15bn of capital returns…
Innovate UK has awarded more than £300,000 to Exeter HealthTech Research Centre and Sanome to advance MEMORI, an AI platform designed to detect hospital-acquired infections days…
Bank of England governor Andrew Bailey says training workers in AI skills will be critical as artificial intelligence begins to disrupt jobs, vacancies and financial markets.
UK legaltech Lawhive has raised $60m in Series B funding to expand its AI-native consumer law firm across the US, surpassing $35m in annualised revenue.
UK-based AI voice company ElevenLabs has raised $500m in new funding, tripling its valuation to $11bn as demand for human-like AI voice technology accelerates.