Author: bibhuti

QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies. QuTwo’s name is a nod to quantum computing, but it hasn’t gone all-in on quantum. Its core product, QuTwo OS, is an orchestration layer that directs tasks to classical, quantum or hybrid architectures — with the idea that enterprise use cases are often best served by “quantum-inspired” computing, which uses classical…

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Kraken will allow customers to convert cryptocurrency into cash at MoneyGram locations across more than 100 countries, addressing a longstanding gap in the digital asset ecosystem, according to an exclusive report from Fortune. The partnership gives Kraken users access to nearly 500,000 physical locations worldwide, where they can exchange crypto holdings for local currency. The move targets a key friction point in crypto markets: while digital transfers settle with speed, converting assets into cash often involves multiple steps, limited banking access, or delays. The initiative reflects rising demand for reliable cash access, driven in part by Kraken’s expanding presence in…

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Audio Note UK, a high-end audio equipment manufacturer, has been featured in the new Scandi Noir crime series Sogn Murders, currently streaming in Norway, Finland and Denmark. The show’s main character, police investigator Ole Vik, is portrayed as an audiophile who appreciates analogue sound, prompting producers to select Audio Note UK for its shared philosophy. Peter Qvortorp, founder of Audio Note UK, said: “It’s a wonderful validation of our design philosophy. “It’s more than merely window dressing; like us, the character Ole Vik truly values handmade craftsmanship and the art of sound.” Sogn Murders will also be available in Sweden…

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Women are still a long way from equal representation at the very highest levels, even as more make it into the workforce and early management roles.Progress has been steady in some areas, but when it comes to CEO positions, the numbers still show a clear imbalance – and in many cases, not much has changed in years.A new study by Cognism reveals that CEOs named “David” exceed one-tenth of all female CEOs. And while the UK outperforms the rest of Europe for female representation in leadership roles, women still account for less than a quarter of CEOs across UK businesses…

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Volkswagen has pushed Amazon out of the top spot to become Rivian’s largest shareholder, new filings with the U.S. Securities and Exchange Commission show. VW Group’s increasing equity stake in Rivian, which has grown from 8.6% to 15.9% in less than two years, is tied to a joint venture with the EV startup. The Rivian and Volkswagen Group Technologies joint venture — officially formed in November 2024 — is focused on the development of electrical architecture and software. And that stake will continue to grow, as long as Rivian continues to meet its end of the deal. VW has committed…

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When iOS 27 is released later this year, iPhone users will reportedly have a lot of choice when it comes to which AI models they want to use on-device. A new report from Bloomberg says that Apple plans to give users their pick of a number of third-party large language models that will be capable of powering various functions within the iPhone’s operating system. The new feature, dubbed “Extensions” internally, will allow users to “access generative AI capabilities from installed apps on demand, through Apple Intelligence features such as Siri, Writing Tools, Image Playground and more,” reads a message reportedly shown…

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Gillingham are in need of a big striker and there’s a free agent on the market who some fans think could be the answer.Northampton Town’s relegation from League One has seen them release up to eight players, and one of them was a popular striker during a previous spell with the Gills.Tom Eaves in action during his Gillingham days – up against Gareth Ainsworth’s old Wycombe sideTom Eaves was the leading scorer for a struggling Northampton side that finished bottom of the table in the third tier.Eaves, 34, scored 10 of their goals, including eight in the league.Gillingham’s leading goalscorer, Bradley Dack,…

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Wednesday 06 May 2026 5:18 am  |  Updated:  Tuesday 05 May 2026 4:47 pm Wherever the fault lies following the departure of Sir Olly Robbins from government, it’s clear that this is another blow to the already damaged relationship between ministers and civil servants, says Joe HillThe things organisations say they value can differ a lot from the things they actually value. Enron – a company which went bankrupt in 2001 and whose C-suite went to jail for fraud and insider trading, listed their values as integrity, communication – respect and excellence. Most organisations don’t depart as far from their values…

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Residents in Cambusdoon Road, Craigend, were woken around 3 am on May 4, by a series of loud bangs echoing through their community car park. One local told the Glasgow Times they looked outside to see a van “heavily up in flames” and began filming just as another explosion was heard. Fire crews have tackled a dramatic van blaze in a residential Glasgow street in the early hours of the morning. (Image: Carly Pezeshki) They said multiple neighbours dialled 999 and emergency services arrived within minutes, with firefighters and police working at the scene for around 40 minutes until the…

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The PSNI has released a statement after a number of incidents involving ‘masked youths’ in the Bishop Street, The Fountain and Nailors Row areas of Derry over the past few weeks, amid ongoing Derry unrestTannur Anders UK & World News Reporter and Peter Hennessy UK & World News Editor04:16, 06 May 2026Damage after protesters threw petrol bombs, bricks and fireworks at police in Ballymena, Northern Ireland in June 2025 (file image)(Image: Conor McCaughley/Anadolu via Getty Images)The Police Service of Northern Ireland [PSNI] has issued a statement following a series of anti-social incidents involving masked young people across recent weeks in…

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