News
LYNEports has emerged as the victor of the Aerospace Xelerated (AX) Startup Pitch Competition at the 2024 Farnborough International Airshow.
According to recent research from Google, 61% of jobs in the UK could undergo significant changes due to the integration of AI, with only a minimal number facing complete elimination.
The ODI’s latest white paper, “Building a Better Future with Data and AI,” based on research conducted in early 2024, highlights critical flaws in the UK’s tech infrastructure that could hinder the expected benefits of the AI boom for society, the economy, and individuals. The paper also provides recommendations for fostering diverse and equitable data-centric AI.
New Native Inc’s platform, lablab.ai, dedicated to promoting AI innovation, has announced its support for AI71, an AI company launched by Abu Dhabi’s Advanced Technology Research Council (ATRC) and VentureOne. Together, they are organising a hackathon featuring the Falcon Large Language Models.
Sage, a pioneer in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), has announced an expansion of its partnership with Stripe, a financial infrastructure platform for businesses, to help improve cashflow management and payment processing for SMBs.
Hiya, a provider of global voice security services, has acquired Loccus.ai, an innovator in deepfake detection technology. Loccus.ai’s real-time identification of AI-generated voices sets a new industry standard for detection accuracy.
DeepL has expanded its platform by adding Traditional Chinese, increasing its total language offerings to 33. This addition enhances AI-driven, precise translations, specifically benefiting businesses and enterprises. Traditional Chinese, used by over 33 million people worldwide, marks a significant milestone for DeepL in its mission to enhance global communication.
The Feria del Campo 4.0 – Expo Agritech 2024 will debut in Malaga, Spain, from 26th to 28th November, introducing the inaugural AgriTech Startup Forum, a competition for entrepreneurs.
David Yeudall, a former principal mechanical engineer at a UK prosthetics company, has made notable advancements in developing upper limb prosthetics that are more comfortable, functional, and affordable. His work has been supported by Heriot-Watt University’s DeepTech LaunchPad programme.
Vanta, the pioneering trust management platform, announces that it has raised a $150 million Series C funding round at a valuation of $2.45 billion.
NEC X, the Silicon Valley innovation accelerator backed by NEC’s advanced technologies, has announced the graduation of Chekable from its prestigious Elev X! Ignite venture studio programme, in addition to a new investment from NEC X to help scale Chekable’s transformative AI solution for inventors and patent professionals.
Fireblocks, an easy-to-use platform for building blockchain applications and managing digital asset operations, announces the launch of Fireblocks for Startups, a suite of self-service tools designed specifically for startups to easily build blockchain-based products.
A recent survey conducted by workspace provider infinitSpace revealed significant trends among 250 UK office landlords.
Storyblok, the content management system (CMS) designed for all team types, recently revealed that Octopus Energy has adopted its platform to streamline content management and reduce reliance on developers.
The Sustainability Group, creators of the FuturePlus sustainability management and ESG reporting platform, has surpassed its funding targets in its latest 7-figure upround. This success comes through follow-on and new investments from Two Magnolias, high net worth individuals, and family offices.
The Hustle Awards 2024 brought the startup industry together to celebrate some of the brightest talent within the ecosystem.
Nine trailblazing British startups are set to collaborate with Digital Catapult, the BBC, and Amazon Web Services (AWS) to drive innovation in the UK’s creative industries. Each startup will receive £50,000 to develop AI-powered prototypes aimed at revolutionising creative production and addressing key industry challenges, ultimately boosting the UK’s creative economy.
Weavr has announced the acquisition of a European e-money licence, marking a significant milestone for both the company and the embedded finance industry. This licence, granted by the Malta Financial Services Authority (MFSA) after an extensive review of Weavr’s unique operating model, is set to boost the adoption of embedded finance by B2B SaaS businesses.
The Consumer Technology Association (CTA), the owner and producer of CES, the world’s most powerful tech event, is paving the way to CES 2025 with its robust fall event schedule, new exhibitors, updated CTA and CES branding—including a new CES website—and acclaimed programming.
The Consumer Technology Association (CTA), the owner and producer of CES, the world’s most powerful tech event, is announcing a new partnership with the European Commission’s European Innovation Council (EIC) for this year’s CES Unveiled in Amsterdam. This partnership will help identify breakout technologies from across Europe to be showcased at the event taking place in the Beurs van Berlage on October 15, 2024. The Dutch Ministry of Economic Affairs and Climate Policy has also renewed its long-standing partnership with CES Unveiled in Amsterdam to demonstrate the groundbreaking innovations from the Netherlands.
