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AI INVESTMENT IN LONDON
Physical security startup Coram AI raises $35 million co-led by Ansa Capital, Battery VenturesThe San Francisco-based company was cofounded by Ashesh Jain, formerly head of autonomy at Lyft's self-driving division, and Peter Ondruska...- LSEG slowly sheds 'AI risk' tag with drive to show growthLSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models li...
- UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
- SpaceX seeks a record $75 bn in stock market debutSpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-b...
- SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
- AI bubble debate gets real as chip stocks rallyChipmaker stocks are soaring, leading to a debate about an artificial intelligence bubble. Demand for AI data center chips is driving price...
- What is oil price prediction for Monday? Oil prices fall as US-Iran ceasefire talks support market sentimentWhat is oil price prediction for Monday? Oil prices ended lower on Friday as investors reacted to signs of progress in talks between the Un...
- Not at bars, not online: How Gen Z is finding love and friends at gyms and fitness classesDriven by a desire for genuine community, younger consumers across the UK and US are increasingly trading traditional nightlife for premium...
- How to travel in the summer of chaosThe travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increasingly spending more, often financ...
- Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Peak XV joins UK infrastructure startup Primer’s $100 million funding roundPeak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Inside India’s biggest banking and financial services tech hubsStandard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office ...
- StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
- Bill Gates Foundation fully exits Microsoft, sells final $3.2 billion stakeAfter over 25 years, the Bill & Melinda Gates Foundation has divested its final 7.7 million Microsoft shares, valued at $3.2 billion. This ...
- Air India's challenges 'largely external', transformation a long game: Singapore Airlines CEOAir India's transformation is a long journey with no quick fixes, according to Singapore Airlines CEO Goh Choon Phong. The Indian carrier f...
- Copper up 9% since Iran war, near January peak. Will AI boom, shortage propel red metal to new highs?Copper prices are surging, driven by a confluence of factors including geopolitical tensions, structural supply shortages, and booming AI-d...
- Google’s Isomorphic Labs to raise over $2 billion in new fundingAlphabet's AI drug discovery firm, Isomorphic Labs, is reportedly close to securing over $2 billion in new funding, led by Thrive Capital. ...
- LBSIM earns AACSB accreditation - Joins the 6% of elite business schools globallyLal Bahadur Shastri Institute of Management (LBSIM), New Delhi, has achieved prestigious AACSB accreditation, a global benchmark for busine...
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