Wednesday, August 27, 2025

Tussell: UK government contracts for AI-related projects have reached £573M in 2025 to July 15, up from £468M for the whole of 2024, as it seeks efficiency (Josh Gabert-Doyon/Financial Times)

Josh Gabert-Doyon / Financial Times:
Tussell: UK government contracts for AI-related projects have reached £573M in 2025 to July 15, up from £468M for the whole of 2024, as it seeks efficiency  —  Ministers hope technology can help streamline the civil service, reduce government waste and save billions



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...