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.
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.
Artificial Intelligence (AI) and Machine Learning (ML) are more than just trending topics, they’ve been influencing our daily interactions for many years now. AI is already deeply embedded in our digital lives and these technologies are not about creating a futuristic world but enhancing our current one. When wielded correctly AI makes businesses more efficient, drives better decision making and creates more personalised customer experiences.
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.
Weavr has announced the acquisition of a European e-money licence, marking a significant milestone for both the company and the embedded finance industry. This licence, granted by the Malta Financial Services Authority (MFSA) after an extensive review of Weavr’s unique operating model, is set to boost the adoption of embedded finance by B2B SaaS businesses.
NEC X, the Silicon Valley innovation accelerator backed by NEC’s advanced technologies, has announced the graduation of Chekable from its prestigious Elev X! Ignite venture studio programme, in addition to a new investment from NEC X to help scale Chekable’s transformative AI solution for inventors and patent professionals.
A recent survey by GRiD, the industry body for the group risk sector, revealed that 81% of employers assess how much employees value their benefits. Despite this, there is a stark disparity in perceptions: two-thirds (66%) of employers believe their staff highly appreciate these benefits, whereas only 21% of employees share this sentiment.
It’s tough being a startup at the best of times, and financial mismanagement is a death sentence. As a founder myself, and heading up a fintech that specialises in treasury management, I’ve seen my fair share of promising ventures crash and burn when founders neglect financial stability from day one.











