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Washington may tie AI chip exports to investment at home. The proposed framework would extend export-control scrutiny to allies, raising fresh questions for companies planning data centre buildouts, sovereign AI capacity, and long-term access to advanced compute.
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UK startup Memorify raises £420k as investors back memory technology. A pre-seed round led by private investors exceeded its original £200,000 target, supporting development of a platform designed to organise digital memories into structured personal narratives.
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Morgan Stanley cuts 2,500 roles as revenues hit record highs. The 3% reduction spans banking, trading, wealth, and investment management, excluding financial advisors. The bank has touted internal GPT-4 tools that automate research and meeting notes, raising questions about how productivity gains are reshaping staffing.
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CloudPay launches new global payroll control platform for enterprise teams. The company says CloudPay Navigator gives payroll teams a unified operating environment with real-time oversight of global payroll and payments, replacing fragmented batch-processing systems with automation and AI-driven insights.
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Immutable storage customers offered direct payout protection against destructive cyberattacks. Scality has introduced a $100,000 cyber guarantee for ARTESCA customers whose immutable backup data is destroyed or encrypted by an external cyberattack.
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CISOs must link cyber risk to business performance and profit. Thom Langford, CTO EMEA at Rapid7, argues that security leaders must translate technical metrics into financial and operational terms, helping boards understand how cyber incidents affect revenue, resilience, and long-term strategic decision-making.
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Research commissioned by Alliance Manchester Business School finds 73% of UK senior decision-makers say their roles have become more complex since 2020, with artificial intelligence, cybersecurity risks, economic conditions, regulation, and shifting workplace expectations all contributing to the growing demands placed on leaders.
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Nvidia says its OpenAI and Anthropic investments may stop now. At a Morgan Stanley conference, CEO Jensen Huang called a $100bn OpenAI cheque “probably not in the cards,” confirming a $30bn investment instead. He added Nvidia’s $10bn Anthropic stake “probably will be the last as well.”
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GH05T is expanding its reputation offer with a Reddit focus. The agency says peer-led discussions increasingly shape brand perception as AI tools summarise the web. Its approach will track sentiment, spot misconceptions, and advise response strategy. Data shows rising Reddit usage and Google referrals, reinforcing the platform’s role in discovery.
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Revolut Business launches its Titan corporate card for UK businesses. The £65+VAT per-user monthly card pairs premium travel perks — including lounge access, 10GB global data, and £4,000 in subscriptions — with real-time expense tracking, automated receipt matching, and 1:1 RevPoints for business spend.