Technology
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Huawei outlines chipmaking and computing roadmap
Huawei has unveiled its first full roadmap for chips. The Chinese technology group outlined upgrades to its Ascend processors and Atlas supercomputers, aiming to cut reliance on foreign suppliers and challenge Nvidia’s AI dominance. The plans extend to 2028 but face significant production hurdles.
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Lloyds Banking Group extends Broadcom partnership for cloud shift
Lloyds Banking Group has signed a new multi-year deal with Broadcom. The agreement expands its use of VMware Cloud Foundation and mainframe software to modernise private cloud and strengthen digital banking services for millions of customers.
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Nvidia allocates £11bn towards AI development in the UK
Nvidia has revealed a major investment of up to £11 billion into the UK’s AI ecosystem. This project aims to create the largest GPU cluster in Europe by 2026, utilising 120,000 of Nvidia’s most recent Blackwell Ultra chips in new data centres.
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Microsoft to invest £22bn in UK AI
Microsoft will invest £22 billion in UK artificial intelligence. The plan includes a national AI supercomputer, expanded cloud infrastructure, and thousands of new processors, with the government forecasting more than 5,000 jobs and major regional growth in the North East of England.
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LNER alerts customers after cyber-attack breach
LNER warns passengers after supplier breach exposes data. London North Eastern Railway (LNER) advises customers to stay alert following a cyber-attack on a third-party supplier, which revealed contact details and some journey history. No financial data or ticketing systems were compromised.
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Gartner maps AI finance technologies for CFOs
Gartner’s new hype cycle maps AI in finance. The research identifies nine technologies set to reach mainstream adoption within two years, including generative AI, responsible AI and hyperautomation, while cautioning CFOs against the risks of over-inflated expectations.
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AI not cutting jobs yet, but leaders urged to act
AI is not yet reshaping jobs, but leaders must prepare. The New York Fed reports rising adoption of artificial intelligence without widespread layoffs, with most firms retraining staff. History suggests disruption lags adoption, leaving leaders a crucial window to redesign roles, embed trust, and invest in future skills.
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UK fintech retains lead amid UAE challenge
UK fintech activity remains robust despite investment decline in 2025. The first half of 2025 saw significant acquisitions and partnerships in UK fintech, though investment fell by five per cent. Threats from emerging financial hubs continue to challenge the sector.
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Brits use VPNs to bypass Online Safety Act
The Online Safety Act faces significant evasion challenges. Nearly one-third of UK consumers bypass adult content checks, while VPN usage soars. Despite public support for age verification, concerns about censorship and the act’s effectiveness persist.
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Why ‘high IQ’ AI still needs human oversight
AI may seem highly intelligent but it still needs supervision. Treating large language models as autonomous decision-makers ignores a key truth: performance does not equal understanding. Tim Sears, Chief AI Officer at HTEC, argues that human oversight is not a constraint on innovation — it’s the foundation for responsible deployment.