MACHINE EARNER: Edinburgh’s Tomoro AI to play major part in OpenAI’s £2.9bn gambit
A fast-growing AI technology company – registered in London but with a head office in Edinburgh since 2023 – has been acquired by global player OpenAI as part of a...
CAPITAL GAINS: Standard Life makes £2bn agreed bid for Aegon UK
Standard Life has agreed a £2bn deal to acquire Aegon UK plc, which will have major repercussions for jobs in Edinburgh.Both companies have major operations in the Capital, with Aegon...
Under fire Baillie Gifford trust accused of selling-off lucrative SpaceX shares
The acrimonious battle over Baillie Gifford’s £831m Edinburgh Worldwide Investment Trust (EWI) took a fresh New Year twist today when Boaz Weinstein, founder of Saba Capital Management, accused the trust’s...