News

Arrow Electronics Engineers drive success for AI startup NeuReality

Arrow Electronics played a pivotal role in the creation of the world’s first 7nm Network Addressable Processing Unit (NR1 NAPU), now powering NeuReality’s NR1-S AI Inference Appliance. This technology offers significant advantages in cost and energy savings compared to traditional CPU-centric systems.

YCombinator’s Cosine unveils AI 22x more advanced than GPT-4

Cosine, a human reasoning lab focused on developing artificial general developers, has announced a significant achievement: a 30% score on the SWE-Bench, the industry’s standard for evaluating AI-driven software engineering skills.

Small Business Saturday hits the road with nationwide tour

Small Business Saturday has unveiled plans for its upcoming national roadshow, set to shine a spotlight on small businesses across twenty-one towns and cities throughout the UK.

Flexible workspaces most popular choice for office conversions

A recent survey of 250 UK office landlords, commissioned by workspace provider infinitSpace, has shed light on the growing trend of converting traditional office spaces into flexible or coworking environments.

MVision AI secures CDSCO approval to transform cancer treatment planning in India

MVision AI has announced that its MVision AI Segmentation (Contour+) application has received approval from the Central Drugs Standard Control Organization (CDSCO) under the “Image Segmentation Application Software” category. This milestone enables the integration of its cutting-edge image analysis algorithms into radiation therapy planning workflows across India.

Litera boosts legal workflows with GenAI features and Microsoft integration

Litera, a prominent provider of legal technology, unveiled a range of substantial updates and new features to its software suite, now incorporating more advanced integrations and user-friendly generative AI (GenAI) tools.

Smart Pension secures agreement with STM Group PLC

Smart Pension, a prominent workplace pension provider in the UK, announced a new commercial agreement with STM Group. This deal involves the bulk transfer of members from the Options Workplace Pension Trust (OWPT) to the Smart Pension Master Trust.

First AML integrates with Elite’s 3E to streamline compliance processes for law firms

First AML, a rapidly growing player in the anti-money laundering (AML) sector, has announced its latest integration with 3E, the cloud-native financial management and business operations platform designed for law firms by Elite.

GREENTECH FESTIVAL’s GTF Connect returns to London this September

GTF Connect, the international event series run by Europe’s leading sustainable tech event GREENTECH FESTIVAL (GTF), returns to London this September.

Jensten teams up with RiskSmart to further strengthen risk management framework

Insurance brokerage firm Jensten has partnered with Manchester-based RegTech startup RiskSmart to enhance its risk management capabilities. After closing 2023 with 12 strategic acquisitions, including its largest yet, East Anglian-based One Broker Group, Jensten has continued its growth trajectory by announcing four more acquisitions this year, with further expansion plans in the works.

Cog ADHD promises to “reset the UK’s relationship with ADHD”

Cog ADHD, a new support app now available on iOS and Android, aims to provide relief to over 2.5 million Britons struggling to access ADHD treatment. Founded by Dom Longford, who has ADHD himself, the app connects users with a vast network of qualified therapists and clinical experts, offering an immersive platform to help manage ADHD on a daily basis.

Jobs with flexible hours tripled over the last year, as Labour backs ‘family-friendly’ work

The latest Flexible Working Index – a report that analyses data across the flexible jobs market to track the biggest work trends now, and those set to shape the future of work – shows that demand for and supply of jobs offering flexible working hours is on the rise. 

The findings come as the new Labour Government throws its support behind more family-friendly jobs, with plans to give workers the right to flexible working hours as standard. 

Blue Skies Space sets launch date for first science satellite

Blue Skies Space, a startup specialising in space science data for the global research community, has announced the upcoming launch of its Mauve science satellite in October 2025.

Aramex UK calls on Labour Government to boost SME international expansion

Following the recent OECD revelation that the UK might plummet to the bottom of the growth league by 2025, Aramex UK, a global logistics specialist, has called on the new Labour government to enhance support for SMEs aiming to expand internationally.

Future Ticketing looks forward with Ryft partnership

Innovative payment solutions provider Ryft has announced a new partnership with Future Ticketing, a next-generation software solution for ticketing companies.

Government pumps £32M into AI Innovations to transform Public Services

The UK government has unveiled a £32 million funding initiative targeting advancements in AI technology to mitigate train delays, expedite NHS prescription deliveries, and enhance training for construction workers.

Roboteam announced a new AI-powered acceleration program for startups

Roboteam is launching the second batch of its acceleration program for tech startups in September 2024. This program is free and designed for sole non-developers and even developers themselves who want to establish their own business but lack funding and co-founders. The first batch took place last year and helped founders from 5 different countries to launch their ideas.

Mindstone and Templar Advisors collaborate to address AI skills gap in financial services

Mindstone, an AI training platform and global community focused on practical AI applications, has partnered with Templar Advisors, a communications coaching and training firm specialising in financial services. This collaboration will grant Templar’s extensive client base access to Mindstone’s AI Competency Programme.

OpenAI co-founder John Schulman leaves for Anthropic

John Schulman, a key figure in the creation of OpenAI’s ChatGPT, has announced his departure from the company to join Anthropic, OpenAI’s primary competitor. Schulman’s exit marks the latest in a series of high-profile departures from the prominent AI company in recent months.

Zoom launches AI-Powered Zoom Docs to revolutionise workplace collaboration

Zoom has introduced Zoom Docs, an AI-first collaborative document solution designed to enhance productivity and seamless teamwork within Zoom Workplace. Powered by the generative AI assistant, Zoom AI Companion, Zoom Docs is available at no additional cost to help streamline various work processes.