Britain’s video games sector risks losing talent and IP to France, Ireland and Australia without urgent government action on tax reliefs and scale-up funding, warns Blick Rothenberg. Read more: Britain’s gaming industry needs a power-up or risks losing its crown to France, Ireland and Australia
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Regions across England and Wales will receive up to £20m each to boost innovation in sectors including AI, clean energy and advanced manufacturing. Read more: Regions from Teesside to Cornwall awarded up to £20m to boost innovation
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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
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Oxford spinout Stateful Robotics raises $4.8m to develop AI that enables robots to operate reliably in real-world environments across industry sectors. Read more: Oxford spinout Stateful robotics raises $4.8m to tackle real-world AI for robots
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Innovate UK will refocus its £1.1bn budget on high-potential startups, scaling back broad support to prioritise early-stage tech firms and drive UK economic growth. Read more: Innovate UK pivots funding to back high-growth firms and future ‘industry giants’
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Virgin StartUp has announced £20m in Start Up Loans funding for 2026/27 after surpassing £100m in total loans delivered, supporting more than 6,500 UK entrepreneurs. Read more: Virgin StartUp unveils £20m funding pot for UK founders after passing £100m Start Up Loans milestone
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The infusion will help OpenAI secure advanced AI chips and the computing capacity it needs to maintain its lead position in the AI industry The post OpenAI clinches $840 billion valuation with new funding from Amazon, Nvidia, SoftBank appeared first on Gulf Business.
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