News

Accelerate Estonia, a government-backed innovation lab with a mandate to remove regulatory barriers for entrepreneurs, has partnered with Oxford-based consultancy Oxentia to extend its support to UK tech companies.

UK travellers will soon benefit from the ability to automatically reclaim VAT on overseas purchases via their smartphones, courtesy of a breakthrough in AI technology.

Siemens has completed the acquisition of Inspekto, a startup specialising in high-performance visual inspection, which was part of the portfolio of venture capitalist D11Z. Ventures (previously known as Zukunftsfonds Heilbronn). This transaction represented a notable milestone in the evolution of Inspekto.

OpenAI, the brains behind ChatGPT, has completed a deal that has valued the AI company at $80 billion or more, reported by the New York Times, citing anonymous sources with knowledge of the deal.

UK based Jasper SME Hub’s founder and leading SME empowerment advocate – Emmanuel Olujobi has committed to training 50,000 African businesses by 2025 in a bid to support the growth of the SME sector through the Hub. This he noted during the Hub’s annual SMEFest, a gathering of entrepreneurs and industry stakeholders with the theme “Building To Scale”, held in Lagos, Nigeria recently.

PLATF9RM, Brighton & Hove’s most established independent coworking community, announces the return of Kickass Women with a new twist. Enter Kickass Collective.

This September, Cambridge Tech Week (CTW24) will return to Cambridge, Europe’s largest tech cluster. The event is set to attract tech leaders, innovators, and investors from around the world to showcase Cambridge and the UK’s global lead in tech innovations and advancement.

Lynne Franks and Dorset based Lawyer Lucy Lafferty-Brown mark a significant milestone in the journey of women’s empowerment with the launch of Grow Coin –  a new digital currency for women that will lead a new feminine driven economy.

Soul Padel, an ambitious padel operator in the UK, has bolstered its attractiveness to investors by securing seed investment status. Located in North-West England and established by Mark Hewlett, a former executive in retail and healthcare, the company has gained preliminary approval for the HMRC Seed Enterprise Investment Scheme (SEIS).

JumpCloud’s Q1 2024 SME IT Trends report indicates that in 2024, UK SMEs could be more vulnerable to cyber attacks than SMEs in other countries.

Revolut has announced the launch of an advanced scam detection feature to help protect customers from card scams.

Signal AI, a top-tier player in Reputation and Risk Intelligence, has acquired Social 360, a cutting-edge reputation intelligence firm with a global clientele in the USA, EMEA, and APAC.

Dassault Systèmes has unveiled trends that present significant opportunities for startups and small to mid-sized businesses (SMBs) to surpass larger corporations constrained by traditional processes and existing organisational structures.

Gong, a company in Revenue Intelligence, has unveiled new findings indicating that revenue teams significantly benefit from incorporating artificial intelligence into their processes.

In a significant development poised to transform the small and medium-sized enterprise (SME) sector, Autrix, an innovative company in robotic automation, has been established with the goal of democratising automation for SMEs throughout the UK.

A report focused on advancing gender equality through impact investing and sustainable finance was released.

Nory, the AI-powered operating system designed for the hospitality sector, formed a partnership with SumUp, a provider of electronic point-of-sale (ePOS) systems offering both hardware and software solutions for processing customer payments.

Cherish PR, a Wilful Group company, announces it has chosen to support social impact app, SuperFi with its inaugural Communications Accelerator Programme, an initiative to help young innovators scale their businesses through powerful communications.

UK-Ukraine TechExchange represents the first non-profit startup support initiative of its unique nature, focusing on DefenceTech and AgriTech sectors.

The top six most in-demand skills in the technology industry for 2024 have been revealed.