Cambridge Aerospace has raised $300 million at a $3.4 billion valuation to expand its Skyhammer and Starhammer interceptors, two years after launch.
Category: Technology
Technology from computer hardware, computer software, Saas, voip, cloud computing, smartphones to help small and medium sized businesses grow
Amazon tops $3trn as AWS sales grow 36.7 per cent
Amazon’s market value topped $3 trillion on Monday after second-quarter results showed AWS sales up 36.7 per cent and a raised capital spending forecast.
Apple lodges fresh legal challenge over UK data access order
Apple UK encryption challenge returns to the surveillance court as the company files a fresh complaint over a Home Office demand for access to encrypted data.
Apple faces $32.5bn Illinois lawsuit over iPhone face scans
Apple biometric lawsuit covering up to 6.5 million Illinois consumers can proceed after a US appeals court rejected the company’s challenge to the class.
LinkedIn adds ‘AI slop’ button as 40% of long posts found AI-written
LinkedIn AI slop button: users can now privately flag posts they suspect are AI-generated, as the platform scraps its own AI ‘enhance your post’ tool.
Apple launches Klarna device leasing in US from $17.99 a month
Apple Upgrade, a device leasing programme provided by Klarna, launched in the United States on Tuesday with iPhone leases starting at $17.99 a month.
Bezos names Amazon chip arm as company’s next pillar
Jeff Bezos says Amazon’s chips business is lining up to be the company’s next pillar as it prepares to spend $200bn in capital in 2026, mostly on AI.
Mocean Energy raises £5m to put AI data centres out to sea
Mocean Energy is raising £5m to build floating offshore data centres powered by wave and solar energy, with a first pilot targeted for 2028.
Musk says AI will surpass human intelligence within five years
Elon Musk says AI may surpass human intelligence within five years. What the trillionaire’s forecast means for UK SMEs weighing whether to adopt now.
Harry Potter publisher lands £14m in Anthropic AI payout
Bloomsbury will bank about £14m from Anthropic’s $1.5bn AI copyright settlement. What the landmark payout means for UK SMEs that own valuable content.
Ministers hand UK space firms £62m to cut reliance on foreign tech
Ministers unveil £62m in UK space funding for satellite communications and innovation. How SMEs and start-ups can apply, plus key deadlines to note.
Burnham’s plan to scrap DSIT sparks tech industry revolt
Andy Burnham is weighing plans to close DSIT, drawing a backlash from tech leaders. What breaking up the department means for UK firms and founders.
Traders will pay to see Trump’s posts before you do
Trump Media’s Truth API will sell trading firms millisecond access to the president’s market-moving Truth Social posts. What it means for UK firms.
Whitehall’s AI playbook: train staff first, switch on tools second
The Department for Business and Trade paired specialist AI skills training with the launch of Ask DBT. What Whitehall’s playbook means for UK SMEs.
Ofcom investigates TikTok over ‘serious doubts’ its age checks work
Ofcom launches an investigation into TikTok’s child age checks, casting doubt on age inference tech. Why the clampdown matters for UK platform owners.
