News

Litera amplifies governance, risk and compliance offerings with FileTrail acquisition

Litera, a company in legal technology solutions, has acquired FileTrail, a renowned name in information governance and records management.

AI Act risks stalling innovation, says Oxylabs

In March, the European Parliament made history by adopting the Artificial Intelligence Act, establishing the world’s first comprehensive legal framework for AI.

Milton Keynes and Kerbo Charge expand electric car charging scheme

Milton Keynes City Council is expanding an electric car charging scheme following a successful trial, providing home charging solutions for motorists without driveways. In collaboration with Kerbo Charge, the council initially tested ‘through-pavement channels’ with six families lacking off-street parking.

Small Business Britain relaunches ‘Small and Mighty’ to boost microbusinesses

Small Business Britain’s ‘Small and Mighty Enterprise Programme’ is set to return this autumn to aid Britain’s smallest firms as the economy begins to recover.

It’s easier to become an Olympic medallist than a unicorn founder in Europe

Achieving unicorn status as a founder in Europe is more challenging than winning an Olympic medal. According to a study by Antler, a leading early-stage VC firm in Europe, there are four times more European Olympians than European unicorn founders.

AI and 6G: shaping the future of connectivity at Network X 2024

Network X, the world’s most comprehensive event for the telecommunications industry, will return this October to bring together industry experts to network, connect, and discuss some of the biggest issues and innovations in the field to date.

LYNEports wins Startup Pitch competition at Farnborough International Airshow

LYNEports has emerged as the victor of the Aerospace Xelerated (AX) Startup Pitch Competition at the 2024 Farnborough International Airshow.

London EV Show gains momentum with enhanced features and global participation

The UK’s premier electric vehicle (EV) event, the London EV Show, is set for an exciting comeback, focusing on startups and entrepreneurial innovation in the EV sector.

IBC2024 Primed to Lead Innovation, Explore Trends and Foster Collaboration across the Global Media Technology Community

IBC2024 is now open for registration, with the global media and entertainment (M&E) industry set to converge on the RAI Amsterdam on 13-16 September. The event will bring the content and technology community together to showcase game-changing innovations, address media’s most pressing trends, and enable collaboration during the four-day exhibition and three-day IBC Conference.

Lab designed to accelerate net-zero technologies opened by Prosemino

Prosemino, a venture builder dedicated to developing startups that address the net-zero challenge, has announced the opening of a 2,500 sq ft lab at British Land and AustralianSuper’s Canada Water campus. Supported by a developer and in partnership with Energy Revolution Ventures, Prosemino is pioneering a new approach to creating net-zero technologies.

AI could enhance two-thirds of UK jobs

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.

Sage partners with Stripe to give SMBs control over their cashflow

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 acquires deepfake voice detection company Loccus.ai

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 expands language offering with Traditional Chinese

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.

Fundamental issues like a shortage of high-quality data threaten the AI boom

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 platform lablab.ai partners with AI71 to launch an AI-focused event

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.

Storyblok’s CMS helps Octopus Energy use content to power future of green energy

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.

Sustainability Group surpasses funding goals and propels FuturePlus to global growth

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.

Exclusive insights from the winners of the Hustle Awards 2024

The Hustle Awards 2024 brought the startup industry together to celebrate some of the brightest talent within the ecosystem.

British startups secure AI grants to innovate creative industries

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.