UK now puts AI’s 2030 boost at £120bn, not the £400bn from a Google report
The UK government now expects AI to add £55bn to £140bn to the economy by 2030. Its central estimate is £120bn. Its AI Opportunities Action Plan put the gain at £400bn, and AI min…
Underdog shows off a 32MB speech model in new demo
Despite its small size, Underdog's new model can generate both speech and music.
Sequoia closes its London office, saying it can back Europe from California
Sequoia Capital is closing its London office six years after opening it, and several people will leave the firm. The Silicon Valley investor announced the move on Wednesday in a m…
Physicl raises $10M to make the digital world real enough for robots
Physicl is trying to solve the sim-to-real gap with a pipeline originally built to market goods online.
Waymo’s co-CEO tells Bloomberg the Uber tie-up was a ‘crapshoot’ for riders
Waymo co-chief executive Tekedra Mawakana says partnering with Uber was “a little bit of a crapshoot” for riders. On the same day, Uber told investors that robotaxis earn more on …
Meta pauses new business terms that would let it crawl publishers’ websites
Meta has paused planned changes to its rules for businesses and advertisers. Among other things, the new rules would have let it crawl the websites of firms that use its apps. The…
IonQ’s revenue quadruples to $173.8M as it lifts its 2026 forecast to $515M
IonQ now expects revenue of $505M to $515M this year. The quantum computing company raised the outlook on Thursday as third-quarter revenue more than quadrupled to $173.8M. Its ea…
Cloudflare posts its fastest growth in nearly 4 years and lifts its outlook
Cloudflare’s third-quarter revenue rose 39% from a year earlier to $782.5M, taking its annualised revenue past $3bn. The company reported the results on Thursday and raised its fo…
Alphabet discloses $548M stake in chipmaker Qualcomm
Alphabet, Google’s parent company, owned nearly 3 million shares in chipmaker Qualcomm at the end of September, a stake worth $547.9m, Reuters reported on Friday. The figures come…
CesiumAstro raises $730M at over $4.5bn to build a 737-satellite network
CesiumAstro has raised $730M in a Series D round that values it at more than $4.5bn. The Austin-based maker of satellites and space communications systems announced the round on T…
Tesla will stop making the Cybertruck in 2027
Elon Musk said the company will use the factory space to make more Cybercabs.
European VC investment hit a record €11.5bn in the first half of 2026
Venture capital investment in European companies hit a half-year record of €11.5bn in the first half of 2026, according to preliminary data from Invest Europe. That is 11% more th…
Protesters break into Microsoft data centre construction site in Amsterdam
Protesters broke into the construction site of a large Microsoft data centre on the edge of Amsterdam on Friday, during a demonstration against the project. About 100 people made …
Nvidia H200 chips pile up in Hong Kong as Beijing holds back, Reuters says
About 600,000 of Nvidia’s H200 AI chips are being stored in Hong Kong because Beijing has not approved large-scale imports into mainland China, Reuters reported. The news agency c…
AI stocks suffer their biggest sell-off in months as data centre backlash reaches Washington
US stocks suffered their sharpest one-day decline in months on Thursday, November 5, as investors pulled back from the chipmakers, cloud providers and power companies that have dr…
At least 10 local governments have moved to drop Flock’s surveillance cameras since summer
The concerns range from privacy to how data is shared (and with whom) to procurement concerns.
Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M
Clutch, backed by Lightspeed and SignalFire, was last valued at $85 million, according to a source.
The New York Times reportedly in talks to buy Letterboxd for $330 million
Letterboxd, an online platform for movie lovers, has grown dramatically in recent years.
Meta, Google, and TikTok sue California AG over teen social media law
If it goes into effect next year, this California law would restrict social media access for children under 16.
Airbnb says it’s launching an AI travel agent in the first half of 2027
Airbnb says its upcoming AI agent will help travelers plan trips, compare options, manage bookings, and get assistance throughout their stay.
Instagram launches free Edits video editor for Mac with 4K exports
Instagram announced on Thursday that it is bringing Edits, its short-form video editing app, to desktop on Mac.The app is free to download, but it works only on Macs with Apple Si…
Serve Robotics launches new business to become the AWS for robots
Serve Robotics announced alonsgside its third-quarter earnings that it will launch a new business line called Physical AI Services to offer customers its connectivity and data too…
Meta adds real-time voice chat and animated avatars to its Muse app
Meta has added live voice conversations to Muse, its personal AI agent, so users can talk to it instead of typing. The update also gives Muse an animated avatar that reacts as the…
Omar Hamdi says AI will test whether PR firms can really scale
City A.M. reported on 6 October that the share of UK firms spending on public relations and management consultants fell to 4.2% in September, even as overall business spending ros…