London Tech Week 2026: the AI billions, the US build-out, and a royal first
Artificial Intelligence
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Latest news
GOVERNMENT AND POLICY
UK tech secretary vows to push pension funds into British AI startups
Liz Kendall wants legal reforms to unlock institutional capital for domestic tech firms, but American companies keep winning the biggest contracts.
EUROPE
Thena Capital closes a £45M fund to back UK medtech, a first for an all-female GP team
The London firm is the first all-female general partner team to win British Business Bank backing. Its five medtech bets are already moving, one into the US with the Mayo Clinic.
ARTIFICIAL INTELLIGENCE
Meta signs its first India data-centre deal, leasing a 168MW AI facility from Reliance
Reliance will build and run the Jamnagar site on renewable power and desalinated seawater. Meta is the latest hyperscaler sending AI compute to India.
CHINA
China opens its first photonic computing lab as it bets on light to outrun US chip curbs
The Shanghai facility, a joint venture between a top university and the startup behind one of Hong Kong’s biggest IPOs this year, aims to build chips that use photons instead of electrons to power AI.
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