US Top News and Analysis | SoftBank has injected $450 million into this British AI chip company

AI generated summary, Read the full article for complete information.

SoftBank has injected more than $450 million into British AI‑chip maker Graphcore, which it acquired in 2024, to fund the development of artificial general intelligence (AGI) and bolster SoftBank’s broader AI‑infrastructure strategy. According to a Companies House filing, Graphcore issued a single share valued at $457 million on April 10, confirming the financing came directly from SoftBank. The infusion is part of a “portion” of the capital Graphcore expects from SoftBank this year and follows SoftBank’s heavy AI spending, including stakes in OpenAI and involvement in the $500 billion Stargate project. SoftBank aims to expand its AI footprint further, planning a standalone AI and robotics company in the U.S. and exploring a large AI data‑center project in France, while Graphcore is also investing up to £1 billion to open a new AI campus in Bengaluru, India.

Read more: https://www.cnbc.com/2026/05/12/softbank-graphcore-ai-chip-investment.html

#SoftBank #Graphcore #CNBC #CompaniesHouse #OpenAI #Oracle #Nvidia #Stargate #Bengaluru #

UK construction company with hundreds of employees falls into administration

https://fed.brid.gy/r/https://www.mirror.co.uk/news/uk-news/merit-holdings-administration-construction-jobs-36923840

Wow what a screw up from UK's Companies House discovered last week:

- Unauthorised access to any company’s dashboard
- Vulnerability existed since October 2025
- Bad actors could access non-public personal data
- Bad actors could file accounts and company/director changes

https://taxpolicy.org.uk/2026/03/13/companies-house-security-vulnerability-directors-addresses/

Is there anyone who can be trusted with PII?

#UK #Privacy #CompaniesHouse #PII

#UK’s #CompaniesHouse confirms security flaw exposed business data

https://www.bleepingcomputer.com/news/security/uks-companies-house-confirms-security-flaw-exposed-business-data/

#DataBreaach #cybersecurity #privacy

UK #Government Companies House confirms security #vulnerability exposed millions of UK companies' sensitive data including directors' dates of birth and residential addresses via a flaw introduced in October 2025:
#CompaniesHouse

https://www.bleepingcomputer.com/news/security/uks-companies-house-confirms-security-flaw-exposed-business-data/

A flaw in the UK’s Companies House WebFiling system allowed logged-in users to view directors’ private details and even submit filings on behalf of other companies before the service was shut down and fixed.

Demo: https://hackread.com/companies-house-webfiling-flaw-director-details/

#Cybersecurity #Vulnerability #Infosec #CompaniesHouse

browser cookies info page for dotgovdotuk Companies House (company registration filings)

((some of these cookies are for longer than my life expectancy! 😱))

#CompaniesHouse #DotGovDotUK

https://find-and-update.company-information.service.gov.uk/help/cookies