Gartner forecasts that by 2028, three out of four enterprise software engineers will use AI code assistants – a significant increase from less than 10% in early 2023. AI and Generative AI are challenging the traditional software development process, but the integration of this rapidly advancing technology is imminent.
Oriole Networks, the company pioneering the use of light to power Large Language Model (LLM) training with significantly reduced energy consumption, has secured an additional $22 million in funding from leading investors. The round, led by Plural, saw reinvestments from existing backers including UCL Technology Fund, XTX Ventures, Clean Growth Fund, and Dorilton Ventures.
Armalytix, a fintech specialising in financial data solutions for compliance and affordability, has announced its strategic move into family law, aiming to streamline financial discovery processes for legal professionals. By offering bespoke tools and financial insights, Armalytix hopes to address key pain points in family law cases, making it easier and faster for lawyers to access the financial information they need.
Throughout my 20 years working in and around European startups, I’ve always looked to the UK market for inspiration, collaboration, and, of course, investment. At Ryte, we successfully raised funds from UK-based Octopus Ventures. Led by their partner Paul Davidson, we experienced firsthand the immense value that cross-border collaboration can bring.
There were many reasons The King’s Speech could have been draped with discern, doubt and incredulity, as the cracks in the creaking NHS continued to deepen and wild election-based promises faded into insignificance. Yet, that address, even without Colin Firth’s involvement, instilled a surprising level of optimism. For the first time, it seemed genuinely plausible that the words broadcast across the country from the new monarch actually held some promise.














