Paul Sawers

Another week and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation;…

Google is preparing to build what will be the first subsea fiber-optic cable connecting the continents of Africa and Australia. The news comes as the major cloud hyperscalers battle it…

Humane, the company behind the hyped Ai Pin that launched to less-than-glowing reviews last month, is reportedly on the hunt for a buyer.

Scale AI has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors including Amazon and Meta.

London-based fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR.

Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis…

The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent — the final rubber stamp any legislation must go through…

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…

Strava announced a slew of features, including AI to weed out leaderboard cheats, a new ‘family’ subscription plan, dark mode and more.

Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by the likes…

AWS has confirmed its European “sovereign cloud” will go live by the end of 2025, enabling greater data residency for the region.

Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline…

Squarespace is being taken private in an all-cash deal that values the company on an equity basis at $6.6 billion.

CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.

Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S. The new round comes just two months…

Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest. The…

Microsoft and OpenAI have announced a $2 million fund to combat the growing risks of AI and deepfakes being used to “deceive the voters and undermine democracy.” This year will…

WSO2, a company that provides API and identity management services for enterprises, has been acquired by EQT for more than $600M.

Peloton, the exercise equipment maker, said it is laying off 15% of its workforce as part of cost-cutting measures.

Digital fraud detection company BioCatch has a new majority shareholder in the form of U.K private equity firm Permira.

Ofcom is investigating OnlyFans for failing to prevent children from accessing pornography through the platform.

Jeff Lawson, co-founder and recently departed CEO of Twilio, is the proud new owner of satirical online newspaper The Onion.

Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. 

The UK is launching initial enquiries into Amazon and Microsoft over partnerships with AI companies Mistral, Anthropic, and Inflection.