Stories from London · United Kingdom

Deutsche Bank will continue to provide capital for UK small business lending through Funding Circle's AI-powered platform. The agreement allows Deutsche Bank to purchase originated loans, providing institutional exposure to SME debt.

The UK regulator has stated that Google must allow journalists to opt out of having their work used for AI training. This decision follows a complaint filed by Foxglove. This decision impacts how Google can utilize data for its AI models. A UK regulator has mandated that Google must provide users with an option to opt out of AI-driven services.

Cheap goods from online marketplaces are causing deadly fires in the UK, but tech bosses are profiting due to a loophole that allows them to evade safety laws. The source implies this is a deliberate choice to increase profits.

A Royal Navy helicopter crash has caused concern for the families of those involved. The incident is described as a 'deeply worrying' time for families.

McLaren has secured a pre-construction services agreement for a new 14-acre data centre campus near the M25 motorway. Phoenix ME is the contractor and MEP specialist for the project.

This issue has been raised in Westminster multiple times. The source notes that this is a point of discussion.

A year-long project will document the lives of 16- to 25-year-olds in coastal communities across England and Wales. The project aims to explore how austerity, the pandemic, and cost-of-living pressures shape their experiences.

The United Kingdom has adopted SpaceX's Starshield for military operations, according to sources. SpaceX is targeting a $1.75 trillion valuation for its all-primary IPO scheduled for next week, according to sources.

Flok Health has raised $12.5 million in Series A funding to scale its AI physiotherapist service. The AI is designed to work unsupervised within the NHS.

The cost of AI tools for businesses has doubled in the last six months, with per-employee expenses now. The exact amount of impurities is a critical factor in managing these costs. European companies are paying up to six times more for energy than their American competitors. AI companies are experiencing significantly increased expenses, with monthly spending on AI coding and cybersecurity projected to double. Analysts predict smaller companies will be particularly affected by these rising costs. This surge in expenses is impacting profitability and investment strategies within the AI industry. This trend is occurring as AI infrastructure drives a rally in tech stocks, indicating a high demand for AI-related services and development. The specific factors contributing to the cost increase are not detailed.