News

Tech sector news covering latest major IT contracts, people moves, product releases and updates, and company financial results.

NCSC releases guidelines for secure AI development

New guidance from the National Cyber Security Centre (NCSC) aims to help businesses securely innovate with AI and minimise risks

AI & Machine Learning

Major Contracts

Chancellor to launch quantum supercomputing scheme in Autumn Statement

"Moonshots" aiming to establish quantum supercomputing leadership, including a national machine, is among future plans outlined by Chancellor Jeremy Hunt

Major Contracts

Jeremy Hunt to announce science and tech VC programme

The Chancellor is looking to cultivate a group of investors specialising in AI, robotics and vaccines

AI & Machine Learning

$10m AI Safety Fund launched by GenAI consortium

The Frontier Model Forum, consisting of OpenAI, Anthropic, Microsoft and Google, announces new funding towards AI safety, and a new executive director

Major Contracts

Dawn Capital launches $700m fund for early-stage software start-ups

The new investment scheme — Europe's largest early-stage fund of its kind — comes as B2B software start-ups in the region maintain growth ambitions

Generative AI

Salesforce and Google expand partnership to drive GenAI productivity

The partnership extension between Salesforce and Google will see CRM and Google Workspace capabilities brought together, as GenAI demand continues to surge

Governance, Risk and Compliance

What unbundling Microsoft Teams will mean for EU customers

In the midst of an EU antitrust investigation, Microsoft Teams is now set to be offered to businesses separately from its Office suite

AI & Machine Learning

PwC partners bet £100m on AI, reducing payouts

Annual payouts to PwC partners have taken a hit in favour of investment in AI, as further research points to great disruption potential

People Moves

$10m AI Safety Fund launched by GenAI consortium

The Frontier Model Forum, consisting of OpenAI, Anthropic, Microsoft and Google, announces new funding towards AI safety, and a new executive director

AI & Machine Learning

Data Protection & Privacy

Ex-NVIDIA executive Ido Bukspan appointed new CEO of Pliops

The semiconductor veteran will lead all operations at data processor startup Pliops, as former CEO Uri Beitler shifts focus to strategy

People Moves

Advanced appoints Simon Walsh as new CEO

UK software and services vendor Advanced has turned to former NTT Americas CEO Simon Walsh to take the lead of all operations

Data Analytics & Data Science

AVEVA appoints Caspar Herzberg as CEO

Following its recent acquisition by Schneider Electric, UK industrial software company AVEVA has promoted from within to appoint Caspar Herzberg as chief executive officer

IT management

LogicMonitor appoints Taggart Matthiesen as chief product officer

SaaS observability provider LogicMonitor has hired former Lyft and Twitter executive Taggart Matthiesen as its new chief product officer

Disruptive Innovation

Pleo appoints Meri Williams as CTO

Releases & Updates

AI observability launched by New Relic to aid LLM monitoring

AI Monitoring (AIM) from observability provider New Relic will help business customers to monitor and mitigate LLM performance flaws.

AI & Machine Learning

Sam Altman reveals further Microsoft funding plans, to aid AGI development

In an FT interview, OpenAI chief Sam Altman said further investment from Microsoft is being explored, to back artificial general intelligence.

Education

£200m digital skills training scheme launched by UK government

Government funding is to be aimed at digital skills training across high-growth UK sectors including green energy and construction

AI & Machine Learning

AI Safety Summit: what to expect

Government officials and tech companies are set to come together for the world's first AI Safety Summit on the 1st and 2nd November

AI & Machine Learning

“Meaningful” AI regulation needed from UK government, says report

A University of Cambridge report states that “solid legal and ethical AI regulation” will be key to trust from UK industry and public

CIO and CTO

Forrester: defining and driving tech value for CIOs

Delivering true value for tech customers goes beyond offering a service, as explained during the opening keynote of the Forrester Technology and Innovation EMEA conference