- Bloomberg Tech 2025 is underway in London. Speakers throughout the day will include the CEOs of CoreWeave, Helsing and OnlyFans.
- A key theme this year is the future of European tech sovereignty, as the region looks to boost home-grown investment.
- UK AI Minister says Europe needs to be strategic about technology.
- NatWest’s chair says the bank is aiming to have 12,000 engineers working on AI.
New Updates
3m ago05:17
Haythornthwaite is asked how he views the UK’s standing on the world stage — London’s reputation has taken a bit of a beating of late because of the city’s lackluster capital markets. He said the UK is still holding its own and he’s proud of the country’s universities for churning out startups and entrepreneurs.
“We can’t take this for granted,” he says, noting the country needs to focus on unlocking capital from pension funds in order to stay competitive. “International competition is growing very rapidly,” he said and “we’re in danger of losing the lead.”
9m ago05:12
Going back to the last panel, Narayan announced “AI growth labs,” effectively sandboxes for testing out the technology in real-world situations. The idea is to let companies experiment with AI without having to think too much about regulation. These growth labs will cover sectors such as health care – always a sensitive subject in the UK – transport, and manufacturing.
More detail in the announcement here.
Bankwatch 