News

Paladin Capital Group partners with NATO DIANA to enhance global tech investment security

Paladin Capital Group, an investor specialising in advanced cyber and AI technologies, has joined the Allied Capital Community of the Defence Innovation Accelerator for the North Atlantic (DIANA), an initiative by NATO to enhance dual-use innovation across member nations.

Crypto Quantique partners with Asia IP distributors for quantum chip security

Crypto Quantique, a provider of quantum-driven security for the Internet of Things (IoT), has announced new partnerships with three intellectual property (IP) distributors in the Asia-Pacific region: Kaviaz Technology for Taiwan, LoMicro for China, and KRM for Japan and Korea.

AMD acquires Silo AI to expand enterprise AI solutions globally

AMD has announced a definitive agreement to acquire Silo AI, Europe’s largest private AI lab, in an all-cash deal valued at approximately $665 million. This acquisition marks a pivotal move in AMD’s strategy to offer comprehensive AI solutions grounded in open standards and fostered through strong global partnerships.

Almost 20% of UK businesses avoid discussing future plans with staff

Digital staffing agency Coople surveyed 1,000 UK business leaders to understand how economic conditions have impacted their staffing practices.

Businesses switching to Part Time Offices save on rental bills

Recent data from Hubble, a flexible workspace platform, highlights a significant shift from full-time to part-time office models, with businesses saving nearly 70% on rent.

British AI chipmaker startup Graphcore acquired by SoftBank

UK chip company Graphcore has been acquired by Japan’s SoftBank. Under the agreement, Graphcore has become a fully owned subsidiary of SoftBank, and will continue its operations under the Graphcore name.

Changeblock acquires JustCarbon to scale carbon credit market

Changeblock, the company in carbon market facilitation using blockchain technology, has announced plans to acquire JustCarbon, a prominent marketplace for initiating high-integrity, gigatonne-scale carbon removal projects.

Wazoku joins Italian Open Innovation Lookout Observatory

Global innovation scaleup Wazoku has joined the Italian Open Innovation Lookout Observatory, an initiative from the School of Management at Milan Polytechnic. This programme aims to help companies explore and harness the potential of the Italian Open Innovation ecosystem.

Chorology sets new standard in compliance and data security posture management

CHOROLOGY, a pioneer in compliance and security posture management, has recently come out of stealth mode to offer innovative data governance solutions. Built on patented Deep Artificial Intelligence technology, CHOROLOGY aims to address the challenges of ineffective enterprise data compliance, security, and privacy solutions.

Students pitch e-waste recycling solution at global competition

A team of students from Nottingham Business School recently pitched an innovative solution to the mounting problem of electronic waste at a global entrepreneurship competition.

Digital Catapult drives sustainable innovation with Made Smarter Innovation Sustainability Accelerator

Digital Catapult has announced the inclusion of eight pioneering tech companies in the Made Smarter Innovation Sustainability Accelerator. This initiative aims to enhance resource and energy efficiency in UK manufacturing.

Demand for open banking grows as consumers prioritise security and privacy

Emerchantpay, a global payment service provider and acquirer, has released new research unveiling the key factors influencing consumer choices for online payments. Top concerns include security (60%) and privacy (41%), followed by speed (38%) and efficiency (34%).

Lawtech builder accelerator to drive legaltech innovation

LawtechUK has opened applications for its Lawtech Builder accelerator programme, aimed at helping current and aspiring founders in the UK turn their innovative ideas into successful lawtech products. This free programme will run from 17th September to 3rd December 2024, offering ten interactive online sessions led by industry experts and experienced founders.

Zoom unveils no-code Workflow Automation to enhance workplace efficiency

Zoom has introduced Workflow Automation in beta, aiming to enhance efficiency and minimise the time spent on repetitive tasks.

Innovate or stagnate: innovation consultancy urges government to revive UK business

Ayming, one of Europe’s largest innovation funding consultancies, has launched its first Manifesto for Innovation. This initiative aims to persuade the UK’s new Labour Government to revamp the nation’s lacklustre innovation strategy.

Unlikely AI announces senior hires and reveals first detail about its gen AI platform

Unlikely AI, the British startup founded by William Tunstall-Pedoe, has proudly announced key executive appointments and unveiled details about its generative AI platform.

UK tech executives confident in AI skills despite adoption challenges, divided on ROI

Research from IT consultancy Zartis has highlighted potential overconfidence among UK tech executives regarding their organisation’s AI roadmap. A significant 85% of these executives rated their workforce’s AI knowledge and expertise as ‘skilled’, with over half (51%) considering it ‘highly skilled’. Despite this confidence, many executives expressed concerns about barriers to further AI adoption and were divided on the return on investment (ROI) of AI initiatives.

“Synechron Nexus Plus” AI accelerator programme launches to propel corporate growth

Synechron, a global digital transformation consultancy specialising in financial services and technology, has unveiled its Synechron Nexus Plus Accelerators Programme. This initiative introduced five AI-driven solutions aimed at addressing key business and operational challenges, enhancing capital raising, corporate development, and public ownership processes.

DeepL Write now includes Spanish and French to enhance global business communication

DeepL, a global language AI company, has expanded its AI writing assistant, DeepL Write, to include Spanish and French. Initially supporting English and German, the addition of these two major languages enhances its service for global businesses, enabling them to maintain consistent, on-brand communication while retaining their unique voice.

Manchester tech entrepreneur awarded honorary degree

Scott Fletcher MBE, the Manchester-based founder and former chair of ANS Group, has been awarded an honorary degree by the University of Salford Business School.