2026-07-10
From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn
First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round. It values the company at more than $1bn. Kraken announced the raise […]<br /> This story continues at The Next Web [...]
2026-07-10
UK shops are about to get a four-second line to the police, powered by your face
Walk into a shop with the wrong face on file, and the police could know within four seconds. That is the pitch, and the problem. A facial recognition system in more than 100 UK shops is about to start calling the police in real time. It will fire the moment it spots a flagged shopper. […]<br /> This story continues at The Next Web [...]
2026-07-10
The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system
Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial system, as Reuters first reported. The designation takes effect on 13 July. These are […]<br /> This story continues at The Next Web [...]
2026-07-10
The Singapore side door: OpenAI and Google are selling frontier AI to blacklisted Chinese giants
Three Chinese tech giants are on a US military blacklist. All three can still buy America’s best AI, as long as they buy it in the right country. Three of China’s biggest technology companies sit on a US military blacklist. All three can still reach some of America’s most advanced artificial intelligence. The trick is […]<br /> This story continues at The Next Web [...]
