A London-based artificial intelligence company has been acquired by Accenture in a transaction valued at approximately $1 billion, or £740 million. Faculty, which provides AI tools and services to public
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Accenture has completed the acquisition of Faculty, a British artificial intelligence company valued at over 1 billion dollars, marking a significant strategic move for the New York-listed consultancy firm. The
A major row has erupted in the European semiconductor sector following allegations that a Chinese-owned technology conglomerate, Wingtech, misappropriated trade secrets from Britain as part of an intended offshoring of
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
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
Baidu, often referred to as ‘China’s Google,’ has announced plans to trial its self-driving Apollo Go taxis on UK and German roads in 2026. This expansion, in partnership with ride-hailing
CMR Surgical, a Cambridge-based robotics company, is reportedly exploring a potential sale of its business valued at approximately $4 billion. This development comes after a significant regulatory breakthrough in the
The UK’s first electric flying taxi has achieved a significant milestone, completing a cross-country flight through open airspace in Europe. The prototype VX4 aircraft, developed by Bristol-based Vertical Aerospace, is
The Labour Party’s ambitious strategy to position Britain as a leading artificial intelligence superpower is encountering substantial challenges, ranging from energy infrastructure constraints to data privacy concerns. Sir Keir Starmer’s
The sale of British chip designer Arm Holdings represents a significant strategic misstep that may have discouraged other technology firms from choosing London as their listing destination, according to prominent
The United Kingdom’s position in the global supercomputing arena faces a critical setback following the cancellation of an £800 million project, leaving the nation without representation in the world’s top
