News
Capgemini has announced an agreement to acquire Syniti, a provider of enterprise data management software and services, including platform and migration solutions with a global presence. This acquisition will strengthen Capgemini’s data-driven offerings, particularly in large-scale SAP transformations, such as migrations to SAP S/4HANA.
GScan, an infrastructure deeptech startup, has launched its first international office in Cambridge, UK. The company specialises in advanced technology that utilises muons – subatomic particles akin to electrons – to detect and analyse defects within the built environment with remarkable precision, achieving accuracy down to 1 millimetre at depths of up to 10 metres.
Singtel and Nscale, an end-to-end AI Cloud platform, have unveiled a strategic partnership aimed at expanding GPU capacity across Europe and Southeast Asia. This collaboration seeks to address the surging global demand from enterprises for generative AI, high-performance computing, and data-intensive workloads.
Nine technology startups have been chosen to collaborate with four major train operators to drive innovation within the rail sector. Southeastern, Northern, LNER, and TransPennine Express have united under the Future Labs initiative to fast-track solutions to both longstanding and emerging challenges in the industry.
British FinTech, Lemon, which specialises in SaaS finance for SMB’s has announced a strategic partnership with WiserFunding, a pioneer in alternative data for credit risk assessment.
The Wall Street Journal has reported that OpenAI is in talks to raise a new funding round that would value the AI startup at more than $100 billion.
Latitude59, the premier startup and technology event in the Baltic States, is expanding its global footprint by hosting a satellite event in Nairobi, Kenya. This move comes after a record-breaking event in May that drew over 4,000 participants from more than 60 countries to Tallinn, Estonia.
House My Pet, a platform that has long been a trusted resource for pet owners seeking reputable pet care services, has announced its transformation into a non-profit organisation. This significant shift aligns with its deep-rooted commitment to animal welfare and reflects its mission to create a more compassionate, safe, and supportive environment for pets everywhere.
Crypto Quantique, a provider of quantum-driven security for the Internet of Things (IoT), has introduced a specialised randomness test suite for Physical Unclonable Functions (PUFs). Named TuRiNG, this suite tackles the unique challenges associated with testing PUFs, which are increasingly embedded in semiconductors to generate secure, regenerable random numbers.
hofer powertrain, a global company in efficient drivetrain solutions, has announced an initiative aimed at slashing electric drive design time by 80% using advanced AI and deeptech innovations.
Aghanim, a fintech company specialising in mobile gaming, has announced a strategic partnership with Adyen, the global financial technology platform favoured. This collaboration will enhance Aghanim’s direct-to-consumer platform, providing mobile game developers and publishers with robust payment processing capabilities worldwide.
Buy now pay later fintech Klarna has announced that it is planning on axing almost half of its employees in the coming years, attributing these cuts to efficiencies gained through its investment in AI.
The EMERGE International Tech Conference is now accepting applications for the annual EMERGE STARTUP CHALLENGE, designed to help emerging markets’ startup founders gain visibility with global investors and fundraise. Over the past six years, EMERGE startups have raised over €30 million, with notable participants such as Vochi (now part of Pinterest) and AI Factory (now part of Snapchat). The winners will be announced and awarded by Founder Institute GCC, the world’s largest pre-seed startup accelerator on the EMERGE Founders’ Stage during the conference, which will take place in Yerevan on September 25-26.
The business sector has the fifth lowest tenure in the UK, according to a new study into employee retention. The ‘Employee Retention Report’, compiled by equity management platform, Vestd, analysed a total dataset of 398,006 employees from 1,400 UK companies on LinkedIn to determine the average median employee tenure across 14 industries.
The Adaptavist Group, a global technology company with its North American headquarters in Toronto, Ontario, has announced the launch of its ‘Adapting for Tomorrow’ incubator programme.
Gen Z employees see business travel as a key career booster and are actively seeking more opportunities to travel for work, according to recent research by American Express.
A research report commissioned by Hewlett Packard Enterprise revealed that only 32% of IT leaders in the UK and Ireland feel their organisations are fully prepared to harness the benefits of AI, despite 96% having initiated or completed the establishment of AI goals. The report highlights significant strategic shortcomings, such as misalignment between processes and metrics, leading to a fragmented approach that could worsen implementation challenges.
Discovering Safety, a programme of work delivered by the Health and Safety Executive (HSE), Britain’s health and safety regulator, has started work with Safetytech Accelerator, a technology accelerator specialising in safety-critical industries, and a group of technology providers and construction organisations to help develop products that use its regulatory information to accelerate productivity and compliance in construction.
Recent research highlights the substantial impact of immigrants on the UK’s entrepreneurial landscape, revealing that 39% of Britain’s top 100 fastest-growing companies were founded by individuals born outside the UK.
Aurora Media Worldwide, a multi-award-winning production house providing content services across live and non-live channels, has just announced its expansion to Saudi Arabia and the opening of its new office, facilitated by AstroLabs, the Gulf’s leading expansion platform.
