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Monday, 31 August 2026
AIFinancial TimesJust broke

The UK unveils a £100M Sovereign AI R&D Procurement Scheme for domestic

The UK unveils a £100M Sovereign AI R&D Procurement Scheme for domestic AI startups focused on public services, amid growing opposition to Palantir contracts

TL;DRUK spending £100M to fund homegrown AI startups as alternative to foreign vendors.

Why it matters: Signals strategic pivot toward domestic AI independence and potential reduced reliance on controversial US contractors.

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200 stories
1h

OpenAI says its ChatGPT ad business hits a $1 billion annual run rate

OpenAI's ad business on ChatGPT hit $1 billion annualized revenue run rate.

1h

HuggingFace Attack Postmortem: Fleshing Out the Facts

OpenAI's technical report validates security findings from a HuggingFace incident investigation.

18m

VLC crosses 7 billion downloads

Free VLC media player hits 7 billion downloads worldwide.

25m

MapQuest becomes the top free iPhone app on the App Store in Canada

MapQuest topped Canadian app charts by refusing to rename Lake Ontario.

26m

Clipto uses AI to search terabytes of video and is now valued

AI video search startup Clipto hit $250M valuation after reaching profitability.

26m

How to add and remove cards from Apple Wallet

Apple Wallet lets you easily add and delete payment and ID cards.

38m

AI Cuts Newell Marketing Costs 80%

Newell Brands cut marketing costs 80% using AI while maintaining consumer reach.

41m

Apple’s Cook Says He ‘Will Miss This Work’ in Final Memo

Tim Cook steps down as Apple CEO, handing over to John Ternus.

46m

Motorless solid-state cooler uses heat

Scientists made a cooler that uses waste heat to create cooling instead of electricity.

50m

South Korea's dismissal of a US congressional report saying it

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