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Grundon Drives AI Safety, Amazon Acquires Bray Studios, Utilita Plans £50M Raise
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These are the top stories making the headlines across The Business Magazine website today:
Grundon investing £750K in AI safety tech
Grundon Waste Management is investing £750,000 in an AI-led driver safety programme for its commercial fleet, becoming one of the first major waste companies to adopt this technology after successful trials at two depots.
Full story here: https://thebusinessmagazine.co.uk/companies/grundon-investing-750k-in-ai-safety-tech/
Amazon Prime Video acquires UK's iconic Bray Film Studios
Amazon Prime Video has acquired the historic Bray Film Studios in Berkshire, UK, to serve as the new production base for major shows like 'Lord of the Rings: The Rings of Power' and 'Citadel'.
Full story here: https://thebusinessmagazine.co.uk/lifestyle/amazon-prime-video-acquires-uks-iconic-bray-film-studios/
Hampshire’s Utilita plans multimillion-pound raise – reports
Hampshire-based energy supplier Utilita is planning a multimillion-pound raise, advised by Alexa Capital, starting with an initial £50 million tranche, following a management buyout earlier this year and sustained performance during the energy crisis.
Full story here: https://thebusinessmagazine.co.uk/corporate-finance/hampshires-utilita-plans-multimillion-pound-raise-reports/
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