
Elon Musk’s xAI raises $20bn despite mounting backlash over Grok deepfakes
Elon Musk’s AI firm xAI has raised $20bn even as its Grok chatbot faces global backlash over sexualised deepfake images and regulatory scrutiny.

Elon Musk’s AI firm xAI has raised $20bn even as its Grok chatbot faces global backlash over sexualised deepfake images and regulatory scrutiny.

Gary Neville has sold a majority stake in The Overlap to Global as the sports media brand targets global growth.

A group of Britain’s most recognisable cultural figures has launched what insiders describe as a “cool, creator-led” alternative to Dragons’ Den, aiming to uncover and back…

The ambition to turn the Oxford–Cambridge corridor into “Europe’s Silicon Valley” is in danger of stalling unless the government accelerates delivery of long-promised infrastructure, business leaders…

ITV has agreed to invest up to £3m in Joe Wicks’ Body Coach fitness app, with the partnership including advertising across ITV and ITVX.

The UK remains last in the G7 for investment, with economists warning that rising public spending will not be enough to offset stagnating private sector investment.

Octopus Energy Group is spinning out its technology arm Kraken at an $8.65bn valuation following a $1bn investment round led by D1 Capital Partners.

A UK maritime robotics startup led by a 22-year-old founder has raised more than £750,000 to develop autonomous robots designed to clean ships’ hulls, reduce fuel…

The Apprentice winner Tom Pellereau has bought out Lord Sugar’s 50% stake in Styl Pro, returning the beauty-tech brand to full founder ownership 14 years after…

BGF has invested £16.6m in Workbooks to accelerate growth of its integrated ‘no-BS CRM’ platform across the UK and US, scaling product development and go-to-market expansion.

NatWest Group has opened applications for its 2026 Fintech Programme, inviting UK fintechs using AI to transform customer experience in financial services to apply.

Hello Vet has raised £15m to expand its veterinary clinics nationwide, promising clearer pricing as vet costs have risen 63% since 2016.

The British Design Fund has secured a £5m commitment from the British Business Bank to support early-stage UK product businesses, boosting regional access to equity finance…

GoCardless has agreed a £920m sale to Dutch payments firm Mollie, triggering a major payday for founders Hiroki Takeuchi and Tom Blomfield and marking one of…

US defence start-up Anduril plans to manufacture advanced autonomous fighter drones on the Isle of Wight with GKN Aerospace as part of a £100m British Army…