
Bezos bets on Cambridge as Cuspai’s AI materials hunt hits $2.6bn
Jeff Bezos has backed Cambridge materials-discovery start-up CuspAI through Bezos Expeditions, in a $400m round that lifts its valuation to $2.6bn.
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.

Jeff Bezos has backed Cambridge materials-discovery start-up CuspAI through Bezos Expeditions, in a $400m round that lifts its valuation to $2.6bn.

Canadian AI firm Cohere is tripling its London office at 100 New Oxford Street, betting on surging UK government and enterprise demand for sovereign AI.

Downing Street is lobbying the White House for a UK carve-out after Donald Trump banned foreign access to Anthropic's most advanced Claude models, citing security risks.

As MPs launch an inquiry into AI and the future of work, Business Matters asks what British firms really gain from artificial intelligence, and what is…

Irish fintech Trustap has raised $10m led by Aperture Capital to launch Trustap Index, making marketplace listings discoverable and transactable by AI shopping agents.

The CMA has ordered Google to give UK news publishers control over AI Overviews, opening the door to fairer content deals and a rebalanced digital economy…

Youth unemployment in the UK is on course to reach 17.8% by 2027 as AI, higher national insurance and minimum wage rises squeeze entry-level hiring, the…

Nvidia has unveiled the RTX Spark superchip at Computex 2026, bringing personal AI agents to Windows PCs from Asus, Dell, HP, Lenovo, Microsoft and MSI from…

Soaring adoption is failing to translate into bottom-line returns, fuelling fresh anxiety over inflated valuations across the AI sector

Britain and France ink landmark science and tech partnership using AI and supercomputing to transform women's health, speed diagnoses and fight drug-resistant infections.

Samsung's 78,000 semiconductor workers are in line for bonuses of up to £300,000 after a landmark profit-share deal, as the AI memory chip supercycle reshapes the…

OpenAI's Sam Altman concedes his predictions about AI eliminating white-collar jobs were "pretty wrong" — but with Standard Chartered, Meta and Amazon all cutting roles, UK…

Meta begins 8,000 global redundancies to bankroll a $145bn AI splurge, with 350 Dublin roles in the firing line as Zuckerberg chases ‘personal superintelligence’.

OpenAI is preparing a confidential IPO filing with Goldman Sachs and Morgan Stanley, paving the way for one of the most consequential AI listings on record…

AI tools such as Objector.ai and ChatGPT are helping residents flood councils with sophisticated planning objections, slowing UK approvals and putting the 1.5 million homes target…