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53 stories found
Oracle cuts thousands of jobs as Ellison doubles down on AI investment - oracle cuts
Business

Oracle cuts thousands of jobs as Ellison doubles down on AI investment

Oracle begins cutting thousands of jobs as it ramps up AI spending, with analysts warning up to 30,000 roles could be affected. Read more: Oracle cuts thousands of jobs as Ellison doubles down on AI investment

Mahdeehassan  |   |  4 mins read
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UK tech firm Sintela lands $200m US border security deal - tech firm
Business

UK tech firm Sintela lands $200m US border security deal

Bristol-based Sintela secures $200m US border contract using fibre-optic sensing and AI to detect threats across land and sea borders. Read more: UK tech firm Sintela lands $200m US border security deal

Mahdeehassan  |   |  4 mins read
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WHOOP raises $575m at $10bn valuation to scale global health platform - whoop raises
Business

WHOOP raises $575m at $10bn valuation to scale global health platform

WHOOP secures $575m in Series G funding at a $10.1bn valuation to expand its AI-powered personalised health platform globally. Read more: WHOOP raises $575m at $10bn valuation to scale global health platform

Mahdeehassan  |   |  4 mins read
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British Business Bank backs Dexory with £8.5m to scale AI warehouse tech - british business
Business

British Business Bank backs Dexory with £8.5m to scale AI warehouse tech

The British Business Bank has invested £8.5m in Dexory to scale its AI-powered warehouse intelligence platform and global logistics operations. Read more: British Business Bank backs Dexory with £8.5m to scale AI warehouse tech

Mahdeehassan  |   |  4 mins read
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Dyson hit by £440m sales drop as Trump tariffs bite - dyson sales
Business

Dyson hit by £440m sales drop as Trump tariffs bite

Dyson reports £440m sales decline due to US tariffs and weak demand, but profits rise after cost cuts and continued investment in innovation. Read more: Dyson hit by £440m sales drop as Trump tariffs bite

Mahdeehassan  |   |  3 mins read
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Next to invest £300m in UK logistics as new warehouse set to deliver £2.5bn boost - next invest
Business

Next to invest £300m in UK logistics as new warehouse set to deliver £2.5bn boost

Next will invest £300m in UK warehouses, including a new Yorkshire site, as it targets £2.5bn economic boost and accelerates online growth. Read more: Next to invest £300m in UK logistics as new warehouse set to deliver £2.5bn boost

Mahdeehassan  |   |  4 mins read
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Revolut posts record £1.7bn profit as it eyes UK credit card launch - revolut posts
Business

Revolut posts record £1.7bn profit as it eyes UK credit card launch

Revolut reports record £1.7bn profit and plans UK credit card launch after securing banking licence, as customer growth passes 70 million globally. Read more: Revolut posts record £1.7bn profit as it eyes UK credit card launch

Mahdeehassan  |   |  4 mins read
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Zevero raises $7m as demand for carbon data platforms accelerates globally - zevero raises
Business

Zevero raises $7m as demand for carbon data platforms accelerates globally

Climate tech firm Zevero raises $7m to scale its AI-driven carbon management platform as demand for ESG data and reporting intensifies globally. Read more: Zevero raises $7m as demand for carbon data platforms accelerates globally

Mahdeehassan  |   |  4 mins read
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Truro targets former Zipcar users with capital-light expansion in London - truro targets
Business

Truro targets former Zipcar users with capital-light expansion in London

Turo is expanding in London targeting former Zipcar users with a capital-light peer-to-peer model, as traditional fleet-based car clubs struggle with rising costs. Read more: Truro targets former Zipcar users with capital-light expansion in London

Mahdeehassan  |   |  3 mins read
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Uber commits up to $1.25bn to Rivian in major Robotaxi push - uber commits
Business

Uber commits up to $1.25bn to Rivian in major Robotaxi push

Uber will invest up to $1.25bn in Rivian to deploy 10,000 robotaxis globally, marking a major step in the race to scale autonomous ride-hailing. Read more: Uber commits up to $1.25bn to Rivian in major Robotaxi push

Mahdeehassan  |   |  4 mins read
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