Saltend Chemicals Park, located on the outskirts of Hull, has long stood as a testament to Britain’s industrial heritage. Once a thriving centre for the production of chemicals, fertilisers, and
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Saudi Arabia has intensified its ambitions in the technology sector by investing more than $1bn (£744m) into Magic Leap, a Florida-based firm developing mixed reality headsets designed to compete with
The Dutch government has taken the highly unusual step of seizing control of a Chineseowned microchip manufacturer, Nexperia, to protect European semiconductor supplies. On Sunday, officials invoked emergency powers under
Sam Altman, chief executive of OpenAI, stands at the vanguard of a technological upheaval poised to reshape our digital existence. Over the past month, Altman’s aggressive deal-making has seen the
Nikolay Storonsky, billionaire chief executive of Revolut and one of Britain’s wealthiest entrepreneurs, has moved his residency from London to the United Arab Emirates, underlining mounting concerns about an exodus
British firms are now at the forefront of the global anti-money laundering sector, a booming market propelled by ever-tightening regulatory pressure and advances in artificial intelligence. Recent industry figures estimate
Britain is making rapid strides towards a cashless society, with the use of coins and banknotes reaching a historic low last year. According to new data from UK Finance, just
The ongoing battle between Apple and the British Government over the privacy of users’ data has intensified, as the Home Office has issued a renewed demand for backdoor access to
A fund focused on supporting British software startup founders has drawn significant interest from American investors just two years after its inception. Concept Ventures, the early-stage venture capital fund, has
Tesco’s ambitions to cement its role as a leader in autonomous retail technology have run into major disruption after its key warehouse automation partner went bust. Earlier this year, the
The Financial Times has substantially written down its investment in Sifted, the publication dedicated to European start-ups, after a sharp downturn in technology funding across the continent. Recent company filings
A significant development has emerged in the ongoing negotiations over TikTok’s operations in the United States. The White House has revealed that the evolving agreement aims to secure American control
Nvidia, the world’s most valuable company, is set to invest $500 million in Wayve, the British self-driving car technology developer, in a move that highlights the soaring international interest in
The Chancellor, Rachel Reeves, is set to announce a review of Britain’s digital services tax (DST) as she prepares for her Autumn Budget. This decision comes at a time of
China orders tech giants to halt Nvidia chip use as drive for semiconductor independence accelerates
China has instructed its leading technology companies, including ByteDance and Alibaba, to cease use and testing of Nvidia’s artificial intelligence chips, according to new information reported this week. The directive
Nvidia, the US technology giant, has committed £500 million to Nscale, an AI infrastructure start-up based in London. The announcement, made during President Trump’s state visit, marks a significant step
