Zack Hill

UK AI startup Fyxer AI secures $30 million Series B as it eyes $50 million ARR by year‐end

London‐based startup Fyxer AI has raised a $30 million Series B funding round led by Madrona Venture Labs, with participation from Lakestar and high-profile investors including Marc Benioff. The company, co-founded by Richard Hollingsworth,

October 22, 2025

by Zack Hill

Study finds humans still surpass advanced AI in real-world understanding

In the race to build artificial intelligence that truly “understands” how the world works, humans are still way ahead. A new study introduces a comprehensive evaluation framework called WorldTest, paired with a suite of interactive environments named AutumnBench, and the

November 7, 2025

by Zack Hill

McKinsey: Most firms stuck in AI pilot mode despite global surge

Three years after generative AI exploded onto the global stage, artificial intelligence has become a fixture

ScrubMarine: How this small UK startup plans to clean ship hulls and save billions?

A British maritime-robotics startup, ScrubMarine, has raised $1m (€849,000) in pre-seed funding to develop autonomous systems

Tesla loses global EV crown to BYD as sales slide for second year

Tesla just lost its position as the world’s top electric vehicle seller. In 2025, China’s BYD delivered more EVs than Tesla, marking a major shift in the global market. For a company

January 3, 2026

Business·EV

Up to 200,000 banking jobs at risk as European lenders turn to AI

European banks are heading into a major shake-up, and this time it is not because of a financial crisis. It is because of artificial intelligence. By 2030, more than 200,000 banking jobs

January 3, 2026

FinTech

Octopus Energy’s Kraken Technologies valued at $8.65bn in strategic spin-off

Octopus Energy Group has agreed to sell $1 billion in equity of its software arm, Kraken Technologies, valuing the business at $8.65 billion. The transaction, led by U.S.-based D1 Capital Partners and

December 30, 2025

Business

British artists form new early-stage investment fund

A group of well-known British actors, comedians and musicians, including Daniel Kaluuya, Jack Whitehall, Maya Jama, Roman Kemp and Tom Grennan, have quietly come together to launch a new fund aimed at

December 30, 2025

Business

Meta buys Singapore-based Manus to speed up its autonomous AI efforts

Meta has agreed to buy Manus, a Singapore-based startup that builds autonomous AI agents, in a deal announced on December 29. The acquisition brings Manus’s technology and engineering team into Meta’s growing

December 30, 2025

Trending

Why did Nvidia spend $20bn on Groq without buying the company?

Nvidia has reached a reported $20 billion agreement to license technology and hire key personnel from AI chip specialist Groq, in what is being described as the largest strategic transaction in its

December 27, 2025

Trending

Why Europe is quietly building its own stablecoin plumbing?

A startup called Nodu has raised $1.45 million in a pre-seed funding round led by Digital Space Ventures, as it aims to modernise Europe’s cross-border payment rails amid a global stablecoin market

December 21, 2025

FinTech

UK lifts £100 contactless limit, giving banks more control

The UK’s financial watchdog has decided to scrap the £100 limit on contactless card payments, allowing banks and payment companies to set their own limits instead. The change, announced by the Financial

December 19, 2025

FinTech

Fuse Energy’s $5bn valuation marks a growing threat to Europe’s traditional energy system

London-based Fuse Energy has reached a $5bn (£3.7bn) valuation after raising $70m (£52.3m) in a funding round led by Balderton Capital and Lowercarbon Capital, the company said this week. The fresh capital

December 19, 2025

Trending

Monzo board pushes out CEO after clash over IPO plans

Monzo’s chief executive TS Anil is stepping down after falling out with the fintech’s board over where the company should go next, according to reports. People familiar with the situation say tensions

December 16, 2025

Trending

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Zack Hill

UK AI startup Fyxer AI secures $30 million Series B as it eyes $50 million ARR by year‐end

Study finds humans still surpass advanced AI in real-world understanding

McKinsey: Most firms stuck in AI pilot mode despite global surge

ScrubMarine: How this small UK startup plans to clean ship hulls and save billions?

Tesla loses global EV crown to BYD as sales slide for second year

Up to 200,000 banking jobs at risk as European lenders turn to AI

Octopus Energy’s Kraken Technologies valued at $8.65bn in strategic spin-off

British artists form new early-stage investment fund

Meta buys Singapore-based Manus to speed up its autonomous AI efforts

Why did Nvidia spend $20bn on Groq without buying the company?

Why Europe is quietly building its own stablecoin plumbing?

UK lifts £100 contactless limit, giving banks more control

Fuse Energy’s $5bn valuation marks a growing threat to Europe’s traditional energy system

Monzo board pushes out CEO after clash over IPO plans

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