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Artificial Intelligence

UK puts £130m into AI cyber defence in a £600m+ AI package

The UK government will spend £130m on AI cyber defence, including a National Cyber Shield that uses agentic AI to protect critical infrastructure. The money is part of a package of more than £600m for AI that the Chancellor, John Healey, will put in this week’s Budget.

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Startups

Bending Spoons completes its $1.355bn Miro acquisition

Bending Spoons now owns Miro, the online whiteboard used by more than 250,000 organisations. The Milan group closed the all-cash Miro deal on Monday, it said in a statement on Business Wire. Bending Spoons agreed to buy Miro in September at an enterprise value of $1.355bn.

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