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GBG to join London Stock Exchange’s main market Thursday. GBG, an identity technology company, plans to transition from the AIM market to the main market of the London Stock Exchange. The move does not require shareholder approval and aligns with trading expectations….
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Nvidia will invest $100 billion in OpenAI. The two companies announced a letter of intent for Nvidia to provide hardware and capital as OpenAI builds 10 gigawatts of AI data centres. The agreement marks a major escalation in the AI arms race, with first deployments expected in 2026.
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Zilch secures £30m loan facility, favouring debt over equity. The London fintech, based in Victoria, has agreed a £30m facility with US Bank. This follows a £100m debt facility with Deutsche Bank last year and £20m Series D funding in 2023.
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TikTok’s U.S. ownership deal raises more questions than answers. A framework struck between Washington and Beijing promises to put American investors in charge of the app’s U.S. operations, but control of its algorithm and data remains unresolved.
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US and China reach framework for TikTok ownership shift. A draft agreement would see American investors take control of the app’s US business, extending a deadline for divestment and easing fears of a nationwide ban while leaving key questions unresolved.
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Manchester startup zally relocates headquarters to San Francisco. Following a £2.8 million funding round, zally is moving its base to San Francisco to enhance its presence in the AI ecosystem. Manchester remains a key operational hub for the company….
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One in four organisations faced AI data poisoning this year. IO’s latest State of Information Security Report reveals how rushed adoption and shadow AI are exposing companies to sabotage, fraud, and compliance risks across the UK and US.
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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 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 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.
