Kanishka Narayan has become the first UK minister for artificial intelligence to sit at the cabinet table, a promotion that arrives as new prime minister Andy Burnham reshapes Whitehall around the technology. Narayan, the MP for the Vale of Glamorgan a…
Nearly three-quarters of the finance chiefs at Britain’s largest companies now say they are optimistic that artificial intelligence will improve business performance, a striking figure from a group not given to exuberance. In Deloitte’s latest quarterl…
The UK looked set to crack down on VPNs as it tightens the rules for children online. Instead it has backed off, and its own research is the reason why. Online Safety Minister Kanishka Narayan put it plainly on the BBC. “We decided not to limit VPNs,” …
The UK government has proposed a midnight curfew that would lock 16 and 17-year-olds out of apps like Instagram, TikTok, and YouTube, but the restriction can be switched off with just a few taps.
The UK government has proposed a midnight social media curfew for 16 and 17-year-olds, plus limits on infinite scrolling. The UK social media curfew would switch on by default, though teens could turn it off. The government set out the measures on Wedn…
London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds trea…
Britain wants to be an AI superpower. One of its flagship data centres cannot get the electricity to switch on. Nscale’s £2bn Essex site has the money, the planning permission, and a grid connection, but no power arriving in time. Nscale has the cash, …
Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of…
A London startup co-founded by a former Palantir executive has raised $50m to help governments and companies use American cloud and AI without letting America reach inside. The fear driving it stopped being hypothetical this year. Valarian, a London-ba…
The European Union and the United Kingdom have jointly sanctioned Russia’s cyber apparatus for the first time. The EU listed nine individuals and four entities, while the UK went further with 24, Politico reports. The language is what matters here. The…