IT Industry stories - Page 15

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

ScotlandIS flags AI, skills, green data centres and cyber basics as critical to Scotland's digital economy amid 2026 uncertainty.

Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.

UK learning platform HowNow backs domain-specific AI agents to join teams as 'colleagues' by 2026, reshaping workflows and competition.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

NAVEX appoints SaaS veteran Joe Stubbs as UK country manager, tasking him with driving local growth amid rising regulatory complexity.

AI-driven demand is set to unleash up to USD $3 trillion in global data centre investment, doubling capacity to 200GW by 2030.

VOSS launches v25.3 of its workplace platform, boosting AI assistant Wingman, Microsoft 365 security, Teams insights and DEM capabilities.

Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.

Tech founders Julie Collison and Emma O'Brien top Tide everywoman awards as women-led firms eye growth despite tough UK backdrop.

Welsh tech consultancy de Novo plans to create 50 digital roles in Newport over five years under its new '50 in 5' hiring drive.

Leaseweb hires Jan Willem des Tombe as Global Strategic Relations Director to sharpen its sovereign and hybrid cloud push worldwide.

Mimeo has expanded UK production with a Canon varioPRINT iX3200 inkjet press, boosting speed, capacity and image quality for global clients.

AI growth is straining power grids and land as data centre deals soar past USD $10 billion, with the UK emerging as an AI infrastructure hub.

JFrog appoints former Udemy marketing leader Genefa Murphy as CMO to spearhead global growth in AI-driven software supply chain tools.

Nottingham tech startups and grads surge ahead, but the city trails rival hubs on Innovate UK cash, securing just GBP £6.1 million in 2024/25.

Manchester agency PushON marks 20 years with 40% revenue growth, tripled scale and fresh AI-driven, international eCommerce ambitions.

Craigslist founder Craig Newmark is funding Global Signal Exchange to expand its shared threat data network against rising online fraud.

Inefficient contract drafting is costing UK businesses an estimated GBP £12.2bn a year, dragging on productivity across key sectors.