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UK plans to buy AI chips from British firms to stop them leaving for the US

The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms at London Tech Week this week, the Telegraph reported. The initiative includes access to taxpayer-backed funding […]

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Bank of England governor warns AI may need to be rationed because of energy limits

Bank of England Governor Andrew Bailey warned on Friday that artificial intelligence may need to be rationed because the power supply cannot keep up with its capabilities. He said companies and governments face “very big social choices” as energy constraints force trade-offs between sectors. The question is not whether AI can do more, but whether […]

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UK forces Google to let publishers opt out of AI search results without losing their ranking

For months, publishers have faced a binary choice with Google: let AI Overviews summarise your content at the top of the search page, sending less traffic to your site, or disappear from Google entirely. As of Wednesday, that choice no longer applies in the UK. The Competition and Markets Authority has ordered Google to give publishers the […]

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UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds

GlobalData’s count puts the country well clear of the rest of Europe and inside the global top five, but more than 40% of the total came from just three companies: Nscale, Wayve, and Ineffable Intelligence. UK-domiciled companies raised $10.5bn of venture capital between January and April 2026, roughly double the figure for the same period […]

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UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds Read More »

Eighteen48 raises EUR175 million to back the private equity deals no one else sees

  Eighteen48 Partners, the London-based alternative asset manager co-founded by Julien Sevaux, Tarek AbuZayyad, and Edward Clive, has closed €175 million for the first tranche of its inaugural private equity fund. The fund is targeting €350 million in total and will back mid-market buyouts across Europe, sourced exclusively through independent sponsors, dealmakers who find and […]

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The recycling industry loses 40 per cent of its workers every year. A humanoid robot trained by VR headsets is the replacement plan.

The recycling industry has a labour problem that no amount of recruitment can solve. Staff turnover at waste sorting facilities runs at 40 per cent annually. The fatality rate is eight times the national average across all industries. Work-related injury and ill-health runs 45 per cent higher than other sectors. The work involves standing beside […]

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The recycling industry loses 40 per cent of its workers every year. A humanoid robot trained by VR headsets is the replacement plan. Read More »

UK Biobank’s 500,000 genomes were listed for sale on Alibaba. The breach came from inside the system.

Summary: Genetic, medical, and lifestyle data from all 500,000 UK Biobank volunteers was listed for sale on Alibaba after three Chinese research institutions with legitimate access violated their data-sharing agreements. The data was de-identified but includes genome sequences, hospital diagnoses, and biological measures that experts say can be re-identified. Alibaba removed the listings before any […]

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BT, Nscale, and Nvidia announce UK sovereign AI partnership

Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepens Nscale’s position as a central plank of the UK government’s national AI infrastructure strategy. BT Group and Nscale announced on 23 April 2026 that […]

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Spotify is selling physical books now, and it makes more sense than you think

In short: Spotify has launched physical book sales in the US and UK through a partnership with Bookshop.org, letting users buy print copies via affiliate links on audiobook pages within the app. The feature sits alongside Page Match, which now works in 30+ languages and lets readers scan a book page to sync with the […]

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UK startup Altilium bags £18.5m to build Britain’s first commercial EV battery refinery

In short: Altilium, a UK clean technology company, has secured £18.5 million in grant funding from the government’s DRIVE35 Scale-Up Fund to build ACT3, the country’s first commercial refinery for recovering critical minerals from end-of-life electric vehicle batteries. Located in Plymouth, Devon, the facility will process 24,000 EV batteries a year using Altilium’s proprietary EcoCathode™ process, […]

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