News

OpenAI to abandon non-profit model
OpenAI to abandon non-profit model

OpenAI, the company behind ChatGPT, is reportedly planning a significant restructure that will transform it into a for-profit benefit corporation.

Oxylabs Launches OxyCopilot: The First AI Assistant for Web Data Collection

Oxylabs, a leading web intelligence platform, has unveiled OxyCopilot, an AI-powered assistant designed to streamline web data collection. Integrated into the Oxylabs Web Scraper API, OxyCopilot simplifies the process of extracting public web data, helping users save both time and money on complex scraping tasks.

Kore.ai Launches RecruitAssist: AI Solution for Smarter, Faster, Inclusive Hiring

Kore.ai, a generative and conversational AI, has introduced RecruitAssist, an advanced AI recruitment platform aimed at helping organisations streamline their hiring processes. The solution is designed to enable hiring teams to make smarter, faster, and more equitable decisions, addressing several key challenges recruiters face today.

EISA launches ‘Ready Steady Grow’ roadshow to boost EIS awareness

The Enterprise Investment Scheme Association (EISA) has kicked off its annual ‘Ready Steady Grow’ roadshow, aiming to raise awareness about the Enterprise Investment Scheme (EIS) throughout the UK.

Lights, Cameron, Action: Stability AI casts James Cameron to lead AI media revolution

Stability AI, a startup focused on transforming visual media through AI, has announced that renowed filmmaker, technology innovator, and visual effects pioneer James Cameron has joined its Board of Directors. The announcement was made by Stability AI CEO, Prem Akkaraju.

Top 20 UK startups list 2024

LinkedIn has unveiled its annual list of the Top 20 UK Startups for 2024, highlighting the most promising and innovative startups that are reshaping industries across the nation.

Female Founder Office Hours 12th Edition unites 200 VCs to address gender funding gap

On Thursday, 7th November, 2024, Playfair will host a remote office hours event, bringing together over 300 female founders from across Europe with 200 of the world’s top venture capital firms.

SMEs reveal concerns over Capital Gains Tax revamp ahead of October Budget

BGF, one of the UK and Ireland’s growth capital investors, recently surveyed the CEOs and founders from its 400-strong investment portfolio ahead of the Government’s October Budget. The findings shed light on the concerns and outlooks of business leaders across various sectors.

Is democratising analytics the answer to the UK’s tech skills shortage?

Digital analytics has become an essential tool for businesses, but it remains notoriously difficult for many to implement and use effectively. While larger organisations with ample resources can overcome the hurdles of setting up and managing analytics systems, smaller companies and startups often find themselves struggling.

Paediatric HealthTech Accelerator Launches in South Yorkshire

UP Ventures has announced the launch of the Kids UP HealthTech Accelerator, a pioneering programme aimed at revolutionising paediatric healthcare through innovative medical technologies. Created in collaboration with Sheffield Children’s NHS Foundation Trust, the accelerator seeks to drive advances in children’s healthcare by fostering innovation with direct input from children and young people.

Zapp EV gains approval to launch i300 sales in Thailand

Zapp Electric Vehicles Group Limited, the British brand committed to transforming personal urban mobility, has announced that its operating subsidiaries have successfully completed homologation with Thailand’s Department of Land Transportation.

Three new life science startups thrive at Discovery Park

A group of former Pfizer employees have launched their own businesses, now thriving within the life sciences hub of Discovery Park in Kent. The newly established companies – Biowaived, Matheus Engineering, and Particology – are contract research organisations, each benefitting from initial support and contracts from Pfizer’s Pharmaceutical Sciences Small Molecule (PSSM) division.

Osmos launches matchmaking platform to address professional loneliness

Osmos has launched an AI-powered platform that facilitates meaningful, one-on-one connections, specifically designed for professionals seeking deep and purposeful communication.

AI Drone company Aerobotics7 winner of the Kluz Prize for PeaceTech

The Kluz Prize for PeaceTech was awarded in New York City on 20th September, with Aerobotics7 securing the top honour of the evening. Hosted by The GovLab at New York University, the event recognised trailblazing innovations in the field of PeaceTech.

Tech Happy Hours 2024

The goal of the newly established Tech Happy Hours technology event is to put Prague on the European startup map and create a flagship event based on Finland’s SLUSH or Estonia’s Tartu. Up to 400 participants from the CEE region consisting of startup enthusiasts, venture capital investors, leading corporations, and young people from technology universities, will gather in one place.

AI-powered emotii transforms multinational team collaboration

The communication app, emotii, is making strides as a trusted translation tool for businesses worldwide with its recent integration into popular platforms like Microsoft Teams and Slack.

UK small businesses see record revenue growth as costs ease

Small businesses across the UK are seeing revenue on the rise, driven by a notable surge in ecommerce, according to QuickBooks Small Business Insights – a quarterly report examining small business trends in the US, Canada, UK, and Australia.

FREEDOM BUSINESS SUMMIT 2024 BRINGS TOGETHER ENTREPRENEURS, FREEDOM SEEKERS AND GLOBAL CITIZENS FROM ALL OVER THE WORLD

Join us on 25-26 September 2024 for 2 powerful days of expert keynotes, workshops and panel discussions about Freedom Business, Global Citizenship and Freedom Lifestyle organised in official partnership with e-Residency Estonia, Incorp Indonesia and EC Holdings Singapore.

LG NOVA launches new partner alliance to accelerate innovation

LG Electronics has unveiled the LG NOVA Partner Alliance Program, a new initiative designed to foster collaboration between corporate partners and startups, driving innovation across industries. This platform focuses on facilitating the development of new technologies, business models, and partnerships to accelerate the pace of innovation.

New accelerator launches for female entrepreneurs in Harrow

London Business Partnership (LBP) has announced the launch of its new Harrow Female Startup Accelerator Programme, a free six-week course designed to equip local women with the tools to start their own businesses.