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.
Marketing theory often highlights the inherent disadvantages faced by small brands. Firstly, customers’ brains naturally gravitate towards familiar names, equating well-known brands with trustworthiness. Secondly, advertising tends to be more cost effective for brands with wider availability, further reinforcing the dominance of larger players.
EIT Community RIS Hub in Ukraine and Sigma Software Labs, backed by the Ministry of Digital Transformation of Ukraine, have launched the Ukrainian leg of the Startup World Cup competition. The regional winner will advance to the global Grand Finale in San Francisco in October 2024, vying for a $1,000,000 investment prize.
The Consumer Technology Association (CTA), the owner and producer of CES, the world’s most powerful tech event, is announcing a new partnership with the European Commission’s European Innovation Council (EIC) for this year’s CES Unveiled in Amsterdam. This partnership will help identify breakout technologies from across Europe to be showcased at the event taking place in the Beurs van Berlage on October 15, 2024. The Dutch Ministry of Economic Affairs and Climate Policy has also renewed its long-standing partnership with CES Unveiled in Amsterdam to demonstrate the groundbreaking innovations from the Netherlands.
According to a recent market report, 68% of tourists value sustainability positively and want tools to make decisions about the environmental impact of their trips. This is just one sign that the travel industry is undergoing an unprecedented transformation with a focus on sustainability. This is reflected in hotels, which are integrating “green” technology in their rooms; the commitment to promoting the circular economy in travel; and an increase in travelers’ awareness of the care and respect for the places they visit.












