NVIDIA and Tech Mahindra launch AI Centre of Excellence

Tech Mahindra has announced the establishment of a Centre of Excellence (CoE) powered by NVIDIA platforms to drive advancements in sovereign large language model (LLM) frameworks, agentic AI, and physical AI.   

Wayve launches in US with San Francisco testing programme and office

Wayve, a startup in Embodied AI for the automotive industry, has expanded its US operations with the opening of a new office in Silicon Valley and the start of a driver assistance testing programme in San Francisco and the Bay Area.

UK SMEs face potentially catastrophic credit ‘down rating’

UK SMEs face a ticking time bomb as a result of the imminent effects of an account reporting standard change, according to national audit, tax, advisory, and consulting firm Crowe.

Slashed budgets and steep ambitions: British businesses strive to do more with less

Pleo, a European spend management platforms, has released a new report examining the current landscape of UK businesses. ‘The Finance and Business Synergy Report’ from Pleo, delves into the sentiments surrounding budget cuts, collaboration and growth in 2024, and how these dynamics are influencing business operations.

£2M unlocked to fuel female entrepreneurship

Birmingham-based venture capital firm Midven, in partnership with The 51% Club, has announced a new initiative that’s set to nurture the next wave of high-growth female-led startups. The Fortuna Fellowship is a first-of-its-kind accelerator and will see up to five female-led ventures potentially secure a share of £2 million investment.

Accountants call for tax reforms to support small businesses

Accountants are calling on the new Labour government to provide more support for UK small businesses by introducing legislative reforms and simplifying tax laws, according to new research by accounting software company FreeAgent.

Poor sales lead to Ai Pin’s price slash

Humane has dropped the price of its Ai Pin by $200 after experiencing poor sales for the gadget.

Finalists announced for 22nd everywoman Entrepreneur Awards

The UK’S most extraordinary female founders have been unveiled as the finalists for the 2024 everywoman Entrepreneur Awards, in association with BGF, the UK’s longest-running recognition programme for women in business. Now in their 22nd year, the awards set out to uncover and amplify the diverse array of female-led businesses, recognising them as influential role models for future generations, and celebrating their economic contribution.

CampusAI UK: a fresh take on the AI revolution

CampusAI, one of the fastest-growing AI education startups, has announced its expansion into the UK. This move aims to empower individuals, teams, and communities to embrace AI-driven transformation through its innovative platform, taking a human-centred approach to technology.

adCAPTCHA launches with £1m funding to tackle ‘bots epidemic’

adCAPTCHA, a newly launched security verification platform, has secured £1 million in funding to combat the growing challenge of automated bots and cyber fraud.

The Future of Audio Advertising: A Q&A with AudioStack

AudioStack is an end-to-end enterprise solution for AI audio production. Its proprietary technology connects AI-powered media creation forms such as AI script generation, text-to-speech, speech-to-speech, generative music, and dynamic versioning. This allows enterprises to build complex audio production workflows faster than real-time. AudioStack unlocks cost and time efficient audio that is addressable at scale, without compromising on quality.

Slow uptake of centralised data processes is preventing analytic maturity

Decentralised data and processes are commonplace in UK businesses, according to research from AI for analytics platform, Alteryx, leaving organisations unable to unlock their true potential from data.

How to master your startup exit
How to master your startup exit

Imagine yourself, a passionate entrepreneur, building your dream company from the ground up. You’ve poured your heart and soul into it, navigating the treacherous waters of the startup world. After years of relentless effort, you’re finally approaching an exciting milestone: the exit.

The Role of SMEs in Powering the UK’s Growth Economy

Amid ongoing global economic uncertainty, the UK and other nations are prioritising efforts to drive growth. Central to these efforts are SMEs, which play a crucial role in driving job creation, fuelling economic development, and serving as the backbone of our community.

Jordan Brompton: leaving the planet a better place than she found it

Business leader, tech entrepreneur, and sustainable investor, Jordan Brompton is the Co-Founder and CMO of myenergi – a global leader in eco-smart home energy technology. Alongside forging fundamental business relationships, Jordan is responsible for driving the day-to-day corporate strategy and fuelling long-term international expansion.

Why should all founders plan an exit strategy from the onset?
Why should all founders plan an exit strategy from the onset?

Based on research within our partner network, 90% of founders want to make an exit in the five to 10 years from their company creation.

NVIDIA: empowering the world’s cutting-edge startups

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, has established itself as a leading designer of graphics processing units (GPUs) for the gaming and professional markets. Renowned for its pioneering work in AI and deep learning, NVIDIA has expanded its reach beyond gaming into various sectors, including automotive, data centres, and healthcare. The company’s GPUs are integral to the development of high-performance computing and advanced visualisation technologies, making it a critical player in the evolution of the tech industry.

Ex-OpenAI CTO Mira Murati eyes $100M for new AI startup

OpenAI’s former Chief Technology Officer, Mira Murati, is reportedly raising funding from venture capitalists for her new AI startup. The news was originally reported by Reuters, who claimed it came from sources familiar with the matter.

NVIDIA and Microsoft double down on support for AI startups

NVIDIA has expanded its collaboration with Microsoft to support AI startups worldwide, initially targeting the healthcare and life sciences sectors.

Surge in bad debt piles pressure on SME supply chains

The value of bad debt suffered by small businesses has surged by a staggering 127%, according to a report by SME funder, Bibby Financial Services (BFS).