ICT sector stories - Page 2

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.

Mphasis appoints tech and banking veteran Punit Sood as independent director to bolster its AI-led push into global finance clients.

UK learning platform HowNow backs domain-specific AI agents to join teams as ‘colleagues’ by 2026, reshaping workflows and competition.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

January Capital raises over USD $130m for an Asia-Pacific growth credit fund targeting sponsor-backed technology companies.

Nearly half of US small firms have suffered cyber attacks in five years as many still rely on untrained staff and weak defences to cope.

Australian businesses are turning cost optimisation into a permanent strategic mandate, reshaping technology, talent and operations for efficiency.

Cisco Systems Capital’s New Zealand branch lifted profit in FY2025, supported by lower costs, currency gains and higher assets.

Linux Foundation unites Anthropic, Block and OpenAI in new Agentic AI hub to standardise tools and protocols for autonomous AI agents.

Manchester’s FourNet has scooped Palatine’s inaugural Leadership in Social Value award after generating GBP £2,660,194 in social value.

AI-powered cyber attacks are outpacing thinly staffed security teams, as firms prioritise defence but starve programmes of people and budget.

Snowflake will run Google’s Gemini 3 AI models natively in Cortex, keeping enterprise data in-platform while deepening Google Cloud ties.

Tech founders Julie Collison and Emma O’Brien top Tide everywoman awards as women-led firms eye growth despite tough UK backdrop.

Welsh tech consultancy de Novo plans to create 50 digital roles in Newport over five years under its new ‘50 in 5’ hiring drive.

India, Vietnam and South Korea are set to be the fastest-growing markets for UK tech in 2026, a leading consultancy has forecast.

Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.

Perth’s Norwood Systems has claimed a major Asia-Pacific AI honour for its Open Span Call Protect industrial communications platform.

Virtus Data Centres has named industry veteran Adam Eaton as chief executive to spearhead its next phase of UK and European expansion.

Devoli becomes first to appear five years running in Deloitte New Zealand’s Masters of Growth Index, capping a 478% revenue surge.