News

The Enterprise Investment Scheme Association (EISA), the official body for the Enterprise Investment Scheme (EIS), has applauded the Chancellor’s decision to retract the January amendments to the definitions of High Net Worth and Sophisticated Investors in the Spring Budget 2024. This reversal is seen as a pivotal signal of support for entrepreneurs and early-stage investors.

SMEB, a banking and fintech company dedicated to supporting small business, has secured critical approvals and certifications ahead of its planned launch to help Britain’s small businesses and towns.

Phlux Technology, a manufacturer of avalanche photodiode (APD) infrared sensors, has announced that it has won a six-figure (GBP) value export contract and is now shipping production quantities of its 1550 nm InGaAs avalanche photodiode sensors.

Snowflake, the Data Cloud company, and Mistral AI, a European provider of AI solutions, has announced a global partnership. This collaboration aims to bring Mistral AI’s most powerful language models directly to Snowflake customers in the Data Cloud.

Purple Transform, an innovative AI developer focused on enhancing human outcomes, has joined forces with the Olive Ridley Project (ORP) to bolster sea turtle conservation efforts in the Maldives.

Up!Rotterdam, alongside over 50 public and private collaborators, is set to host the fifth Upstream Festival on 28th and 29th May 2024.

Outsight, the innovator in 3D LiDAR-Based Spatial AI Software Solutions, has announced that it is joining GATE – The Airport Technology Network, an alliance dedicated to fostering innovation and advancement in airport infrastructure.

The OurCrowd AI Fund announced its intention to offer selected artificial intelligence startups a direct path into the NVIDIA Inception programme, in collaboration with NVIDIA.

Recent findings from Novuna Business Finance indicate that 75% of small business owners experiencing sleepless nights, with market volatility being their top concern for the second consecutive year.

International Women’s Day (IWD) is a globally celebrated day dedicated to celebrating the social, economic, cultural, and political achievements of women, and 2024 is shining a light on ‘Inspire Inclusion’.

SEON, an end-to-end fraud prevention and Anti-Money Laundering (AML) platform, has announced the publication of its Fraud Trends 2024 guide.

Vitrue Health, the digital musculoskeletal (MSK) health platform for workplaces, has raised a further $4 millon (£3.2 million) in funding, taking their total raised to $7 million (£5.56 million), to improve the way employers assess, prevent, and treat MSK conditions at work.

For a stellar end to the month, London Excel saw a congregation of thousands of professionals working in the white-label products sector. From product manufacturers to representatives from leading multinational sellers, the event attracted names and faces from every corner of the industry.

Companies who are part of SETsquared Bristol, the acclaimed University of Bristol tech incubator, created 300 new jobs in 2023.

Technology which harnesses lightning’s nitrogen-fixing properties could revolutionise fertiliser production and supply, cut carbon emissions and support soil health.

The advertising landscape is undergoing significant changes. Recent data indicates a staggering growth in digital advertising spending, with estimates suggesting it will reach $38 billion in 2024, nearly triple pre-pandemic levels.

In celebration of International Women’s Day, a chatbot that answers questions on workplace sexual harassment is now free for all to use.

Synthesia AI has launched a new feature to its product offering, Live Collaboration, to give teams a new way to work together on video content.

Chancellor Jeremy Hunt is set to enhance the UK’s artificial intelligence sector with a significant increase in funding for the Alan Turing Institute, the nation’s premier institution for data science and artificial intelligence, aiming to boost national security.

AI in the workforce is akin to Aladdin’s genie – its power equal to its potential risks – with the ideal scenario being a human-led partnership between AI tools and the person using them, to strike a balance between efficiency and trust.