Enterprise
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Tungsten connects invoice automation with banking infrastructure
Tungsten Automation has integrated 10x Banking’s real-time ledger into its forthcoming Pay+ platform, connecting business invoice processing with payment orchestration and reconciliation. General availability remains planned for 2027.
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Connexin finances the network behind smart water
Connexin has secured a financing package of up to £35m for its UK smart water connectivity network. The funding supports planned deployment for existing utility customers as the industry expands remote meter readings and leakage monitoring.
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Pure DC’s Brent Cross power milestone
Pure DC has installed the final major transformer at its Brent Cross data centre campus, bringing the site’s installed substation capacity to 150MVA. Energisation remains planned for later in October.
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Cambridge’s quantum centre begins before computer arrives
Cambridge and IonQ have opened a dedicated research centre and funded nine quantum projects. The planned 256-qubit Superion computer and on-campus networking infrastructure remain future installations.
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Financial watchdog puts human oversight back into AI
The Financial Stability Board has finalised 12 voluntary practices for AI in finance, covering board accountability, model evaluation, human oversight, cyber risk and dependence on technology suppliers.
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Ireland takes AI policy onto the factory floor
Ireland plans sector-specific AI strategies, a national literacy taskforce and ten industry champions as it seeks to turn enterprise AI policy into practical support for businesses.
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Infineon secures larger silicon carbide wafer supply
Infineon has expanded its access to larger silicon carbide wafers. A multi-year agreement with Wolfspeed supports its manufacturing transition as demand grows across electric vehicles, renewable energy, and AI infrastructure.
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AI infrastructure drives Schneider’s record quarter
Data centre investment drove Schneider Electric’s record third-quarter revenue growth. The French group has increased its annual outlook as electrical equipment, cooling systems, and prefabricated infrastructure benefit from expanding computing demand.
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Microsoft faces a new UK competition test
Britain’s competition regulator has proposed designating Microsoft’s business software ecosystem with strategic market status. Copilot competition, security product bundling, interoperability and cloud licensing are among the issues under scrutiny.
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The rise of the token economy: Why AI is changing enterprise finance
Scott Grossman, chief financial officer at Ensono, argues that agentic AI is changing how enterprises incur technology costs, making workflow-level budgets and cost per successful business outcome essential to financial oversight.
