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Tech
British Steel welcomes more than 50 new apprentices
Tech
The new starters will work at the firm's manufacturing headquarters in Scunthorpe, as well as at its operations on Teesside
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Nvidia and OpenAI chiefs to join Trump in º£½ÇÊÓÆµ as questions mount over tech partnership
By City AM
Nvidia's Jensen Huang and OpenAI's Sam Altman will travel with Trump when he arrives on Wednesday, and Apple boss Tim Cook has also been invited to attend a state banquet hosted by King Charles, Sky News has reported.
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Baltic Ventures backs 10 ‘mission-driven’ tech firms in areas from climate to property
Technology
Latest Accelerator round announced as syndicate praises Liverpool's tech strengths
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Tesco Mobile returns to profit in 2024 'thanks to Samsung Galaxy'
By City AM
The provider, which is a joint venture between supermarket giant Tesco and Virgin Media 02, has posted a pre-tax profit of 1.2m for the year
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Accountancy automation venture Bots for That eyeing growth on seven-figure equity investment
Tech
It has been backed by the equity element of the British Business Bank's £130m Investment Fund for Wales
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FinTech Wales reveals new chief executive
Tech
Sarah Jones take up the top role from chief marketing officer
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Leading Welsh tech firm IQE could be sold
Technology
It comes as IQE has confirmed a tough trading position in an update to the City
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Opinion: Upping the pace of AI adoption is critical to the North's economic growth
Opinion
Liz Scott MBE, executive director at the Turing Innovation Catalyst Manchester, on the North's tech landscape
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Tech firm launches new Birmingham HQ
West Midlands
TXP says it plans to create 100 new jobs in the region over the next three years
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Uber warns of threat to º£½ÇÊÓÆµ profitability despite record breaking 1bn surge in sales
By City AM
The giant ride-hailing and food delivery company said it may need to 'increase revenue substantially to achieve profitability' in the º£½ÇÊÓÆµ
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Tech company helping people with musculoskeletal conditions secures investment
Technology
Good Boost primarily works with community and leisure centres across Bristol and the º£½ÇÊÓÆµ
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Sheffield technology firm MOPO boosted by Norwegian investment
Technology
The company has secured a £5m investment from Norfund, which is backed by the Norwegian government
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Bristol quantum computing company secures $34m
Technology
The business was spun out of UCL and Bristol University in 2019 and also has an offices in London and Washington DC
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Sainsbury’s to use facial recognition technology in shops
Retail & High Street
The supermarket said the move is part of efforts to identify shoplifters and curb a sharp increase in retail crime
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Spotify º£½ÇÊÓÆµ boosts job creation following significant workforce reductions
By City AM
The division of the Swedish audio streaming giant cut its workforce from 1,039 employees during its latest financial year, according to new accounts filed with Companies House.
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Funding deal for software firm Nimbus
West Midlands
Loan will be used to develop its mapping technology and hire five new staff
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Lab grown meat innovator CellRev calls in administrators with jobs lost
Insolvency and Administration
The cell culture specialists had attracted more than £4m of investment since spinning out from Newcastle University in 2018
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Payments tech firm Modern World Business Solutions to create 100 jobs in Newcastle
Technology
The Cambridgeshire-based firm says it is 'laying foundations' for its growth with the launch of new Byker premises and plans to hire 100 people this year
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Newcastle life sciences firm AMLo Biosciences collapsed owing £1.89m, documents show
Insolvency and Administration
Administration documents show an investment round at the end of April was unsuccessful, after a new lead investor pulled out
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Nvidia earnings report will test if its valuation holds up and market has AI wrong
By City AM
Nvidia holds a unique position as a proxy for the entire AI investment boom, but its upcoming earnings report could test whether the stock market's bullish narrative holds up
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TikTok to lay off hundreds of London staff in major AI push
By City AM
TikTok is centralising its 'trust and safety' operations globally and plans to increasingly rely on artificial intelligence to moderate content.
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Newcastle's Aircards secures £3m investment to ramp up º£½ÇÊÓÆµ and global expansion
Deals
The company has secured the investment from Foresight Group
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º£½ÇÊÓÆµ-based Databricks surges to $100bn valuation after new funding round
By City AM
The San Francisco-based firm has sealed a new funding round that is set to increase its valuation by 61 per cent to over $100bn, making it one of the world's most valuable companies.
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Number of tech firms in South West rises amid 'thriving ecosystem'
Technology
There were hundreds of new companies incorporated in the second quarter of the year
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