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Major Contracts

News and updates on major contracts in the global digital and technology sectors.

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

AI & Machine Learning

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

Generative AI

Microsoft generative AI priced at $30 per month

Features include the coding copilot from Microsoft are set to see a 53-83 per cent price surge, as the corporation enters a generative AI partnership with Meta

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

Generative AI

Microsoft generative AI priced at $30 per month

Features include the coding copilot from Microsoft are set to see a 53-83 per cent price surge, as the corporation enters a generative AI partnership with Meta

Cloud & Edge Computing

Funding towards new cloud programming language reaches $20m

Wing Cloud, led by AWS and Microsoft veterans, has announced seed funding of $20m, which will help develop a new programming language for cloud computing

Disruptive Innovation

HSBC announces SVB UK acquisition rebrand ‘Innovation Banking’

The new HSBC Innovation Banking division, announced at the start of London Tech Week, will house SVB UK and new teams based in the US, Hong Kong and Israel

Cloud & Edge Computing

IBM starts work on European quantum data centre

IBM is looking to meet demand for provisioned quantum systems across the EU by planning a pioneering data centre facility in Germany

Major Contracts

Barclays Eagle Labs launches Digital Growth Grant for UK tech companies

A new government-funded two-year programme series dedicated to boosting regional innovation across the UK has been announced by Barclays Eagle Labs

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