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In short: Altilium, a UK clean technology company, has secured £18.5 million in grant funding from the government’s DRIVE35 Scale-Up Fund to build ACT3, the country’s first commercial refinery for recovering critical minerals from end-of-life electric vehicle batteries. Located in Plymouth, Devon, t
As the tech conference circuit grows more crowded, one SaaS event is making the opposite pitch: fewer people, fewer sales decks, and a lot less noise. SaaS on the Beach, a curated event for SaaS founders, will return to Barcelona between May 20 and 21 for its second edition, positioning itself as an
In short: Andy Jassy’s annual letter to shareholders, published on 9 April 2026, reveals that Amazon’s custom chip business, covering Graviton, Trainium, and Nitro, generates more than $20 billion in annualised revenue growing at triple-digit rates year-on-year. If sold on the open market like Nvidi
In short: Google Cloud and Intel have announced a deepened multi-year AI infrastructure partnership covering both CPU deployment and custom chip co-development. Google Cloud will continue adopting Intel’s Xeon 6 processors across its global infrastructure for C4 and N4 instances, while the two compa
In short: OpenAI has paused its Stargate UK data centre project, citing the high cost of industrial electricity in Britain and an unfavourable regulatory environment around AI copyright. The project, announced in September 2025 alongside Nvidia and Nscale, had planned to deploy 8,000 GPUs at sites i
In short: Meta has committed an additional $21 billion to CoreWeave for dedicated AI cloud capacity running from 2027 through December 2032, bringing the total value of the two companies’ infrastructure relationship to approximately $35 billion. The new contract will deliver early deployments of Nvi
In short: Matei Zaharia, the Berkeley computer science professor and Databricks co-founder who created Apache Spark, has won the 2026 ACM Prize in Computing for his foundational contributions to distributed data systems and AI infrastructure. The $250,000 prize, funded by an Infosys endowment, is on
The Milton Keynes startup, which tripled annual recurring revenue in the 12 months to July 2025, is using the new round to hire a Chief Revenue Officer and continue product development. Serve First, a British AI-driven customer experience platform, has raised €5.7 million (£5 million) in new funding
The Dutch startup is tackling one of construction’s most stubborn problems: the fact that most building materials lack traceability, making them impossible to reuse when a structure is demolished or renovated. Maeconomy, a Dutch startup, has raised €1.5 million to build a platform that turns buildin
The app goes live each night between 8 and 9pm, connecting verified users through 30-second video intros and instant live calls. It is currently available in Portugal and the UK. CEO Afonso Simão previously founded Miofar, a fitness brand he grew to over $1.2M in revenue. Eight, a Portuguese video-f
Revolut, the British virtual bank platform, has just launched its new AI financial assistant named AIR (AI by Revolut) to its more than 13 million customers in the UK. The new AI assistant allows customers to manage their finances through in-app chat, their spending insights, investment tracking, su
The plans are early-stage and Anthropic may still decide to only buy chips rather than design them. The exploration comes days after the company signed a long-term deal with Google and Broadcom for 3.5 gigawatts of TPU compute starting in 2027. A company spokesperson declined to comment. Anthropic i
The Dutch company, founded in 2016, has grown from a €1M seed in 2024 to a €4.4M follow-on as government and security operators accelerate drone fleet deployments across Europe and the Middle East. AirHub, a Dutch drone operations software company, has raised €4.4M in a new round led by Keen Venture
The Bristol-based company, parent of Narwhal AI, is building an operating system for autonomous customer conversations across voice, SMS, email, and WhatsApp. CEO Luke Sartain has previously led the Narwhal Media Group. Narwhal Labs, a Bristol-based AI infrastructure company, has raised €22.9 millio
Fund VI ($720M) targets early-stage companies in robotics, manufacturing, and energy. Early Growth Fund III ($591M) supports companies scaling toward Series A. Total AUM is now approximately $10 billion. Eclipse, the Palo Alto-based venture firm that backs companies rebuilding physical industries, h
In short: Uber has expanded its AWS contract to run real-time ride-matching infrastructure on Amazon’s Graviton4 processor and is piloting AI model training on Trainium3, joining Anthropic, OpenAI, and Apple on a customer list that is becoming the clearest evidence yet that Amazon’s custom silicon s
The London startup emerged from stealth on 7 April with a layered agentic security solution and a seed round backed by LocalGlobe and Cambridge Innovation Capital. Its co-founders include a Cambridge professor who was previously Amazon’s director of machine learning. Trent AI, a London-based agentic
In short: A former Meta engineer in London is under criminal investigation after allegedly building a program to extract around 30,000 private Facebook photos while bypassing the platform’s security checks, the latest in a series of privacy and security failures to emerge from the company over the p
PM Kyriakos Mitsotakis announced the ban in a TikTok video on Wednesday. It takes effect on 1 January 2027. Enforcement will rely on a state-mandated app on every device. Around 80% of Greeks support the measure, according to a February poll. Greece has announced it will ban children under 15 from a
The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister publicly called for the project to be reconsidered.
