CBPE Capital LLP has successfully closed its latest fund, CBPE Fund XI, at £714 million, surpassing its predecessor by 27%. The fund was oversubscribed and closed within four…
Isomorphic Labs, a London-based spinout of Google DeepMind, has raised $600 million (£464.6m) in its inaugural external funding round. Led by Sir Demis Hassabis, the Nobel Prize-winning co-founder…
Alibaba Cloud has launched its latest AI model, “Qwen2.5-Omni-7B,” as competition in China’s AI market intensifies. This new multimodal model can process text, images, audio, and videos while…
Paid, a startup revolutionizing financial infrastructure for AI agents, has raised €10 million in funding led by EQT and Sequoia Capital, with participation from GTM Fund, Exceptional Capital,…
Google has introduced Gemini 2.5, a new family of AI reasoning models designed to pause and “think” before responding to queries. The first in this series, Gemini 2.5…
Burbank, a Welsh fintech company, has secured £5M in seed funding to launch its groundbreaking Card-Present over Internet (CPoI) technology, which brings in-store payment security to online transactions.…
OpenAI announced a major leadership restructuring on March 24, 2025, positioning COO Brad Lightcap to lead global expansion, strategic partnerships, and infrastructure while CEO Sam Altman shifts his…
Microsoft marked its 50th anniversary this week by celebrating its evolution from a startup revolutionizing personal computing to a global leader in cloud and AI technology. The company…
Jessica Lennard, Chief Strategy Officer of the UK Competition and Markets Authority (CMA), took the stage at the Tech.eu Summit 2025 today to unveil a bold vision for…
Tech & Innovation Update: Apple, Amazon, Atoa In today’s video, we break down four major stories shaping the future of technology: 📌 Apple vs. UK Government – A…
German software giant SAP has overtaken Danish pharmaceutical company Novo Nordisk as Europe’s largest company by market capitalization. As of March 24, 2025, SAP’s market value reached $340…
Elbow Beach, a UK-based climate impact seed investor, has launched its second fund, the £80M Climate Impact Fund 2, securing £63M in commitments, including up to £50M from…
Browser Use, a startup focused on making websites more accessible for AI agents, has raised $17 million in a seed round led by Felicis’ Astasia Myers, with participation…
By LionHerald · March 24, 2025
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