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Elite Dynamics strengthens leadership with strategic hires for expansion. The BGF-backed software firm aims to double its workforce by 2026, following the addition of a new CFO, operations director, and marketing director to support its growth in UK and international markets….
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AI-enabled European stocks fell sharply after major model launches. Market anxiety rose amid valuation concerns as investors questioned whether these companies can maintain their edge.
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HMRC confirms AI use in monitoring taxpayers’ social media accounts. The tax authority employs AI tools for analysing online posts in criminal tax fraud cases, raising concerns among MPs about potential errors due to automated systems.
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Blueskytec secures £1.5m to expand cybersecurity technology rollout. The funding from Maven Capital Partners will support the firm’s growth, focusing on scaling operations and enhancing its cybersecurity solutions for critical infrastructure sectors including defence and energy….
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Aspire Technology Solutions exceeds £50m revenue target two years early. Gateshead-based Aspire Technology Solutions achieved a 38% revenue increase to £50.9m, attributing success to technology investment and customer service, setting a new £100m target by 2030….
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Insurance generates data at an extraordinary scale every day. But for all its analytical muscle, most insurers remain constrained by legacy systems and siloed data environments. Rory Yates, Global Head of Strategy at EIS, argues that industry growth requires reimagining how data is managed, shared, and operationalised.
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OpenAI is in talks over a $500 billion valuation. The share sale could surpass SpaceX’s worth, involving employee shares and attracting investors like Thrive Capital. This move follows OpenAI’s competitive push in AI talent and product innovation.
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Wireless Logic completes its first US acquisition, targeting IoT growth. The purchase of Zipit Wireless marks a strategic expansion for Wireless Logic, adding advanced multi-tier billing capabilities and a direct North American footprint as enterprise IoT markets mature.
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US diplomats mount formal campaign against the EU’s digital law. A confidential directive from Washington has instructed American diplomats in Europe to push for changes to the Digital Services Act, arguing the rules burden US tech companies and threaten free speech. European authorities are standing firm as regulatory tensions grow.
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ASAPP launches new controls to balance AI and human oversight. The GenerativeAgent update gives companies more ways to monitor, test, and guide AI.