2026-07-06
Spain’s Sherpa.ai raises $18M for AI that never touches your data
Everyone wants the power of AI. Few want to hand their most sensitive data to a foreign cloud to get it. A Basque startup thinks it has the fix. Sherpa.ai has raised $18m to build AI that never sees your raw data, tech.eu reported. The Spanish company sells to banks, hospitals and governments, the customers […]<br /> This story continues at The Next Web [...]
2026-07-06
A senior FCA official says Britain should weigh regulating AI models directly
Britain should consider whether large language models such as ChatGPT, Claude, and Gemini ought to be regulated as they increasingly influence how consumers make financial decisions, a senior official at the Financial Conduct Authority has said. Sheldon Mills, an executive director at the FCA, argued that the existing rulebook will have to evolve as firms […]<br /> This story continues at [...]
2026-07-06
Thought Machine crosses $100M revenue and delays its London IPO to 2028
Most tech founders chase a bigger valuation. Thought Machine’s boss would rather talk about revenue, and he has just crossed a milestone worth boasting about. The London core-banking company has passed $100m in annual revenue for the first time, tech.eu reported. It also took a fresh £30m ($41m) from a “tier 1” bank, and pushed […]<br /> This story continues at The Next Web [...]
2026-07-06
ITV sells its broadcasting arm to Comcast’s Sky for up to £1.6bn
ITV has agreed to sell its media and entertainment division to Sky, the Comcast-owned broadcaster, in a deal worth up to £1.6bn that redraws the map of British television. The transaction hands Sky the ITV channels and the ITVX streaming service, and leaves the seller as a pure production business, a split that arrives as […]<br /> This story continues at The Next Web [...]
2026-07-06
UK’s Cooper warns of an AI ‘Hiroshima’ and calls for global rules
Britain’s foreign secretary has a stark analogy for artificial intelligence. Do not wait for its Hiroshima moment before writing the rules. Yvette Cooper will warn that AI could become the “greatest security challenge of the next decade,” according to Bloomberg. She sets it out in an essay for the Chatham House think tank, published on […]<br /> This story continues at The Next Web [...]
2026-07-06
Japan’s Turing takes AMD money and AMD chips to loosen Nvidia’s grip
Nvidia powers almost every self-driving car project going. A small Japanese startup is quietly handing some of that work to AMD instead. Turing Inc. has added AMD Ventures to its backers and started running its AI on AMD chips, Bloomberg reported. The five-year-old Tokyo firm wants to put self-driving software in consumer cars and robotaxis […]<br /> This story continues at The Next Web [...]
2026-07-06
Taiwan’s Unimicron seeks up to $1.4bn as AI lifts the chip-substrate makers
Unimicron Technology is looking to raise as much as $1.4bn from a sale of global depositary shares, joining the long line of companies cashing in on investors’ appetite for anything tied to artificial intelligence. The Taiwanese firm is selling 50 million shares at $26.96 to $27.76 each, a discount of roughly 3% to 6% to […]<br /> This story continues at The Next Web [...]
