Technology

Facebook's Meta explored the possibility of investing multi-billions in EssilorLuxottica as it intensifies its efforts to develop smart eyewear. Multiple people familiar with the company's thinking have confirmed that it has considered a…

Semiconductor shares listed on Wall Street have lost almost $500 billion in market value since Wednesday, amid fears that trade tensions between China and Taiwan could escalate. Nvidia shares dropped almost 7 percent, losing over $200…

Ocado's boss said that the company is committed to its London listing, even though it was relegated earlier this year from the FTSE 100. Tim Steiner said that he did not plan to take the online grocery group private or move its listing…

Goldman Sachs' chief executive hailed "the early innings of a recovery in capital markets and M&A" after the investment firm announced that its quarterly profit more than doubled from the previous year. The American Investment Bank,…

Elon Musk, Bill Ackman and other tycoons have publicly endorsed Donald Trump for the White House race in the wake of the attempted assassination at a Pennsylvania rally. Musk, the CEO of Tesla and the owner of X/Twitter posted his…

Envestnet, which sells specialised software for wealth management, has agreed to get acquired by an American private equity group, and a consortium consisting of traditional asset managers. The $4.5bn transaction shows how traditional…

Microsoft and Apple resigned from their board observers seats at OpenAI to quell global regulators' concern over the close relationship between big tech companies and a few powerful AI start ups. Microsoft, less than nine months after…

Ocado Group is planning to build a robotic third warehouse with its Japanese retail partners. The online supermarket group and technology company announced that it would expand its partnership with Aeon - Japan's largest grocery retailer…

Jeff Bezos is the founder and executive chair of Amazon and a multi-billionaire. He plans to sell shares worth almost $5 billion in the ecommerce group and technology. This will bring his total sales this year to over $13.4 billion. The…

The partnership between GSK CureVac that was formed during the pandemic is now restructured into a deal valued at up to €1,45 billion. The FTSE 100 drug company has acquired full rights worldwide to develop, manufacture, and…

Tesla's deliveries surpassed Wall Street expectations Tuesday, as its price cuts and incentives stimulated demand. Elon Musk's carmaker delivered 443,956 cars in the three-month period ending June. This is a 4.8% drop year-on-year, but…

The proposed Japanese takeover by Graphcore of the British artificial-intelligence company is being reviewed for national security reasons amid concerns that foreign investors are targeting UK technology. SoftBank, a Tokyo-based…

Auditors have warned that the British arm of Atos - the French technology firm which is a key supplier to the NHS and UK Government departments - faces "material uncertainty" about its ability continue as a running concern. Grant…

Vodafone's boss has warned that Britain's ambitions of becoming a leader in artificial-intelligence are at risk due to substandard mobile data networks. Margherita Dela Valle warned that the UK would be slower to adopt the technology and…

Jensen Huang, the Nvidia CEO, has been claiming for years that data centres around the world will have to undergo a complete overhaul to meet the needs of generative AI. He claims that $1tn will be needed over the next 4 to 5 years to train…

Mistral AI, a French artificial intelligence startup founded just a year ago by former employees of Meta and Google's DeepMind, has achieved an impressive 640 million in its Series B round, led by US venture capitalists General Catalyst,…

The enthusiastic response to the listing of a British tech company at the London Stock Exchange has given rise to hopes that UK markets will be able to recover ground lost against their international competitors. The shares of Raspberry…

Nvidia has surpassed Apple as the second-most valuable company in the world, thanks to a surge in its share price. Microsoft is the most valuable company in the world with a $3.15 trillion market value. Nvidia shares, which are used…