News

AND Digital partners with Google for Startups Cloud Programme

AND Digital has formed a partnership with the Google for Startups Cloud Programme to provide robust support for emerging retail startups.

LG announces fourth annual InnoFest

LG Electronics has commenced registration for the fourth annual LG NOVA InnoFest, scheduled for 25th-26th September at the Palace of Fine Arts in San Francisco.

Employers and staff optimistic about impact of new technologies

A YouGov survey, commissioned by the British Safety Council and involving 4,018 UK employers and employees, has unveiled optimistic views on the impact of emerging technologies like artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) in workplaces.

Manchester’s bus network first in UK to use AI optimisation

CitySwift, one of the leaders in performance optimisation for the public transport sector across the globe, has partnered with Transport for Greater Manchester (TfGM), a local government body responsible for transport in the Manchester region. This partnership looks to power the future of Manchester’s public transport network through the use of AI and data.

Adtech scaleup Aryel targets strategic acquisitions an expansion in France and Germany

Aryel, the Italian AdTech scaleup specialising in augmented reality, has unveiled its ambitious plans to expand into France and Germany. The company aims to secure significant acquisitions within the AdTech sector.

Labour Government likely to usher in cautious AI policy

A comprehensive analysis of parliamentary and social media mentions of AI by politicians over the past 18 months indicates a potential shift towards a more cautious approach to AI policy under the new Labour government.

Jeff Hoffman, Ida Tin, Uri Levine and John Elkington, protagonists of the second season of the South Summit podcast ‘Deep Dive’

South Summit, the benchmark meeting for the entrepreneurial and innovative ecosystem, premieres the second season of its podcast ‘Deep Dive’, in which the main leaders and experts in innovation and entrepreneurship worldwide reflect on the trends that condition entrepreneurs and startups.

Sinch unveils Sinch AI: transforming customer engagement with intelligent solutions

Sinch, a leader in global communication via its Customer Communications Cloud, has unveiled Sinch AI, a cutting-edge innovation designed to empower forward-thinking businesses with the tools needed to create smarter, safer, and more efficient conversational experiences. This enhancement is poised to give businesses a competitive edge in a crowded marketplace.

TechMarketView identifies ‘GenAI Dividend’ in a strengthening UK Software and IT Services market

TechMarketView, an industry analyst and advisory firm, has released its highly anticipated Market Trends & Forecasts 2024 report. The latest research highlights a strategic shift among organisations towards foundational efforts essential for future generative AI programmes.

Qflow Integrates with Building Transparency’s EC3 for real-time as-built carbon reporting

Qflow has unveiled a partnership with nonprofit Building Transparency’s Embodied Carbon in Construction Calculator (EC3), set to revolutionise the tracking and reporting of as-built carbon data in the construction industry.

AI test engineer company to recruit for over 80 new positions

BlinqIO, the pioneer behind the first AI test engineer, has unveiled plans to recruit 80 new employees as part of an ambitious US expansion strategy.

Microsoft faces CMA probe over recruitment of Inflection AI staff

Tech giant Microsoft is being investigated in the UK by The Competition and Markets Authority (CMA), over whether its recruitment of staff from startup Inflection AI constitutes a merger.

It’s AI or bust for UK SMEs

JumpCloud’s Q3 2024 SME IT Trends Report has revealed significant concerns among UK respondents, with 64% acknowledging that AI threats are surpassing their ability to defend against them – a notable rise from the previous report. Furthermore, 81% (up from 70% in Q1 2024) of participants agreed on the necessity for their organisations to invest in AI initiatives, highlighting a growing unease about filling security gaps.

Minter Hormone Health wins Femtech and Women’s Health competition

Discovery Park has announced Minter Hormone Health as the winner of the Discovery Spark FemTech and Women’s Health Prize, following a rigorous pitch process evaluated by three expert panels.

One third of UK SMEs urgently need financial support to survive economic pressures

A recent survey by Novuna Business Cash Flow, involving 500 SMEs, has uncovered that 33% of small and medium-sized enterprises in the UK urgently need financial support within the next year to sustain their operations. As these businesses face mounting economic pressures, it’s crucial to explore funding options beyond personal borrowing and traditional bank loans.

UK fintech Altery launches first digital payment bot on Telegram

Altery, a UK-based fintech startup, has unveiled its digital payment bot on Telegram. This bot is designed to provide an intuitive and secure payment experience, streamlining financial transactions on one of the world’s fastest-growing messaging platforms.

Open Innovation AI and Nscale form strategic alliance to deliver AI GPU Cloud Services

Open Innovation AI, a provider of GPU orchestration platforms with AI and data science tools, has partnered with Nscale, an AI cloud service provider, to deliver advanced AI cloud services and optimised AI workloads globally.

5dVR expands to Saudi Arabia with AstroLabs to Fuel Growth of the VR and AR sectors.

5dVR, a virtual reality content and production studio, has expanded to Saudi Arabia with AstroLabs, the Gulf’s leading business expansion platform. The move aligns with 5dVR’s mission to enable a wider range of businesses across multiple industries to adopt and make use of augmented reality (AR), mixed reality and virtual reality (VR) technologies.

Visa reports 22% average income increase for Gen Z side hustlers over the past year

Visa has unveiled the strategies behind the flourishing side hustles of Gen Z, individuals born between 1996 and 2010, and their evolution in helping young people enhance their financial game.

EU AI act adopted: implications for businesses and individuals

On 12th July, the European Union adopted the Artificial Intelligence Regulation (EU AI Act), scheduled to take effect on 1st August, 2024. Although most obligations will not be enforced for another two years, businesses and individuals should start familiarising themselves with the new requirements, advises Toomas Seppel, attorney-at-law at Hedman Law Firm.