News

Latest AI tech can save households up to 30% on electricity bills

The average UK household could save an average of £285 next year on their electricity bills using the latest home energy monitoring sensors, says UK-based energy startup Voltaware.

SMEs owners have a “good understanding” of AI – but major barriers still exist

New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have a good understanding of AI, the majority are nervous about how it will impact their business.

$15,000 startup pitching competition announced for Newconomics Lisbon

Newconomics, the brand new web3 event in Lisbon this November is running an exciting startup pitch competition where participants can win a share of $15,000 to get their business off the ground.

Neteera raises an additional $6.7M Series B Extension

Neteera Technologies, an Israeli-based startup disrupting the contactless patient monitoring market, has announced the successful closing of a $6.7 million Series B extension. The round was led by Aescuvest, a healthcare investment firm, alongside Foxconn Technology Co (FTC), an associate of Hon Hai Precision Industry, a large electronics manufacturer globally.

Robin AI Plugs AI Contract Copilot Directly into Microsoft Word

Robin AI, which enables businesses globally to harness the power of AI for legal work, announced that its large language model (LLM)-powered contract copilot can now be added to Microsoft Word as a free add-in.

Funding into Mental HealthTech startups takes a hit

The quality of mental health, both at the individual and community level, has become a matter of global concern. According to the World Health Organization (WHO), 15% of working-age adults were estimated to have a mental disorder in 2019. It is also estimated that $1 trillion is lost every year due to depression and anxiety among workers.

AI wearables at Fashion Week
AI wearables at Fashion Week

Humane, a startup founded by ex-Apple design and engineering team Imran Chaudhri and Bethany Bongiornio, revealed its first AI device, the Humane AI Pin, at Coperni’s Paris Fashion Week show, ahead of its official unveiling on November 9th.

AI Summit a ‘moment of critical importance’ for UK

Tech Nation and a group of tech leaders have labelled the AI Safety Summit on November 1st and 2nd a ‘moment of critical importance’ for the UK in an open letter addressed to Rishi Sunak.

Small business Saturday’s nationwide roadshow launches

A national roadshow to support and raise the profile of small businesses all around the country is being launched by Small Business Saturday to help firms cope with persistent economic challenges.

Small businesses linking carbon reduction to business benefits

New research from Novuna Business Finance indicates encouraging signs in small business attitudes, revealing a substantial shift towards prioritising sustainability and a growing recognition of the business benefits it brings.

HD Hyundai to Keynote CES 2024

The Consumer Technology Association (CTA) announced that HD Hyundai, the world’s largest shipbuilder, will keynote at CES 2024 to share tech-first strategies which employ technology for building a more sustainable future. HD Hyundai, a global company also known for specialised construction equipment and energy solutions, further excels in developing eco-friendly infrastructure technology, as well as retrofitting carriers and shipyards.

Elevance Health’s Gail Boudreaux to Keynote CES 2024

The Consumer Technology Association (CTA) announced Gail K. Boudreaux, president and CEO of Elevance Health, will headline a keynote session to discuss how the company is implementing an innovative whole-health approach to care. It complements the Digital Health Summit, which returns to CES 2024, and will focus on the outlook for health care in the U.S. and beyond.

Siemens CEO to Deliver Keynote at CES 2024

Emphasising the power of interconnecting our tangible world with digital advancements, the Consumer Technology Association (CTA) announced Roland Busch, President and Chief Executive Officer of Siemens AG, as a keynote speaker for CES 2024.

Nasdaq’s Adena Friedman to Keynote CES 2024

Nearly 70 startups, plus hundreds of attendees and media from around the globe convened yesterday for CES Unveiled Amsterdam. The event highlighted tech innovation from European startups that will solve global challenges and conference programming addressing sustainability, healthcare, climate change, and tech trends—including digital health, enterprise, AI, and a look toward using tech for good.

Generative AI Distorts Human Sentiment, according to academics

Generative AI and the deployment of Large Language Models (LLMs) leads to unintended alterations in the sentiment of original text, according to leading academics from the Gillmore Centre for Financial Technology at Warwick Business School.

Coventry Building Society Arena announces new partnership with SKOOT

Coventry Building Society Arena, one of the Midlands’ premier event venues, has unveiled a new partnership with sustainability platform, SKOOT.

Government launches cyber-resiliency inquiry

The government has opened an inquiry into the UK’s critical national infrastructure (CNI) to assess its cyber-resiliency as the UK is highlighted to be the third most targeted globally for cyber-attacks, following the US and Ukraine.

Gillmore Centre for Financial Technology launches Crypto Dashboard

The Crypto Dashboard, created by the Gillmore Centre for Financial Technology at Warwick Business School, has been launched to revolutionise monitoring capabilities for various cryptocurrency assets, providing users with enhanced real-time insights and advanced analytics.

Positive growth overshadowed by late payments for UK small businesses

Despite tentative jobs growth, small businesses experienced slow sales growth and rising late payment times in the three months to September, according to the latest data from global small business platform Xero.

New study shows farmed fish grow better with fungi produced from Nordic forestry by-products

Finnish biotech startup Enifer has contributed to a new study on farmed salmon that was done in collaboration with the Norwegian University of Life Sciences (NMBU). The study utilised Enifer’s PEKILO®Aqua mycoprotein, and it was conducted by a group of researchers led by Professor Margareth Øverland.