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Transformation Nation: AI Innovation in UK Financial Services
Aveni’s report explores AI adoption in UK financial services, revealing uneven maturity, operational gains, and the need for governance, explainability, and regulatory alignment to scale AI responsibly across wealth, insurance, advice, and consultancy sectors.
Chargebacks911 Warns of Rising Romance Scams Ahead of Valentine’s Day
Chargebacks911 warns romance scams are rising ahead of Valentine’s Day, with UK losses exceeding £106M and reports up 35% in early 2025. Victims face low recovery rates, highlighting the need for vigilance across dating apps and social platforms.
Unbox Robotics Raises $28m Series B to Scale Warehouse Automation Globally
Unbox Robotics has secured $28 million in Series B funding led by ICICI Venture to expand its robotics platform, strengthen engineering teams, and scale intelligent warehouse automation across India and international markets.
Datawave Partners with Cerberus to Develop Singapore–India–Gulf (SING) Subsea Cable System
Datawave secures majority investment from Cerberus to develop the SING subsea cable system, linking the Middle East, South Asia, and Southeast Asia. The 16-fibre-pair network will deliver high-capacity, low-latency connectivity to support AI, cloud, and hyperscale infrastructure growth.
Middle East Poised for 5G-Advanced and AI Growth
Huawei’s Allen Tang outlines how 5G-Advanced, Standalone networks, and mobile AI can drive telecom growth in the Middle East. Operators can unlock new revenue, immersive experiences, and AI-driven operations, positioning the region as a global leader in 5G innovation.
d-Matrix Secures $275M to Scale AI Inference Chips
Silicon Valley chipmaker d-Matrix raised $275M in Series C funding, backed by Qatar Investment Authority, to scale its in-memory AI inference platform. The company aims to cut latency and power costs as global demand shifts from training to large-scale AI deployment.