AI set to be Bigger than the Industrial Revolution

AI could have a greater impact on the UK than the Industrial Revolution and play a key role in accelerating government decisions, according to Deputy PM Oliver Dowden. Reports from earlier this year found that around the world, as many as 300 million jobs could be impacted, generating new ones or wholly automating them.

Robin AI Launches AI-Generated Legal Dictionary

Robin AI, the legal AI startup, has introduced The Legal Dictionary, a free tool available to anyone who needs access to high quality, common legal clauses for their commercial agreements. The Legal Dictionary was generated using a large language model (LLM), that has been fine-tuned with proprietary contract data, and then verified by Robin AI’s in-house team of legal experts.

Clean Food Group announces additional £2.3m funding

UK-based bio-tech business Clean Food Group has announced a further £2.3 million in funding to accelerate the commercialisation of its sustainable oils and fats technology. International investment has come from industrial food specialists Doehler Group and Alianza Team as the global food industry looks to invest in healthier and more sustainable food choices for future generations.

Techspace

Looking for a place where your tech obsessed brain can flourish? Enter: Techspace.

Zoom opens new London Engagement Hub

This week, Zoom Video Communications has opened its new London Engagement Hub to spearhead the shift from traditional office spaces to experiential working hubs, supported by its industry-leading technology. With the demand for hybrid and remote capabilities giving rise to unconventional ways of operating, Zoom has designed its new office to support the changing nature of the employee experience, marking a new era of modern work.

UK economy defies stagnation fears with 0.2% growth

The UK economy has avoided stagnation with 0.2% growth in Q2, showing a modest rebound between April and July, which includes a 0.5% growth in the month of June alone, significantly outperforming forecasts, the Office for National Statistics reports.

ULTRARAM Startup Wins Best of Show Memory Technology Award

Quinas Technology, the spinout from Lancaster University formed to commercialise ULTRARAM memory, has been named as Best of Show in the Most Innovative Flash Memory Startup category at the Flash Memory Summit in Santa Clara, CA, the world’s largest independent storage and memory conference.

Kuberno appoints industry heavyweight as first Chair

Kuberno, the global legal entity management SaaS provider for corporate secretariat, legal teams, and governance professionals, has announced the appointment of Naz Sarkar as Chair and Independent Non-Executive Director.

Carbominer Conducts Pilot Demonstration of 1 tonne DAC Machine

Carbominer, a startup with a novel Direct Air Capture (DAC) approach, has announced completion of a pilot demonstration of their innovative 1-ton Direct Air Capture machine in collaboration with a prominent corporate partner. The demonstration took place in Vienna, Austria, and showcased improved results.

The technological treatment for burnout

A recent Microsoft survey has confirmed the suspicions of the working world. Burnout among employees has reached the level of an international crisis, especially fast-paced, high-pressure roles like sales. Here, Ross Slogrove, UK and Ireland country manager at VoIP phone system provider Ringover, explains how using technology effectively can alleviate burnout and reduce pressure in target-driven business functions.

Free press release initiative reopens for UK charities and startups

An initiative that offered free press releases and PR to UK-based charities and startups has reopened for applications. One charity and one startup will be selected each month to benefit from the free marketing, along with advice on how to continue building momentum. 

Maximising Your Digital Marketing Budget

In the ever-evolving landscape of business, one thing remains constant: the sheer power of digital marketing.

Fibank’s Smart Lady programme continues support for female entrepreneurs

Back in 2018, Fibank (First Investment Bank) launched its special Smart Lady programme in support of Bulgarian businesswomen.

Experiencing a cyberattack: Why startups must not stay silent

In today’s digitally interconnected world, startups have emerged as promising ventures with innovative ideas and potential for rapid growth. However, they also face significant challenges, and one of the most threatening issues is cyberattacks.

Enterprise Nation Fund launches with TikTok to champion value-driven businesses

Small business support platform and membership organisation Enterprise Nation has today/August 10, launched its own annual fund in partnership with TikTok to offer financial assistance and mentoring to the brave businesses that are relentlessly driven by their values.

The risks of overlooking a robust PR strategy while scaling your business

PR is not always top of your list when founding a business but at some point, you’re going to need it if you want the world to know about you, and particularly to drive inbound traffic to your new website.

Online businesses calling out ‘hidden’ fees

A study of 500 businesses which sell on the web found they are being hit by fees of approximately 3% from traditional payment processing firms for each transaction.

3 reasons to get involved in the Santander X UK Awards 2023!

At Santander we’re committed to investing in the innovators of the future, connecting them with the right people to grow their business ideas. For the last 13 years we’ve run an annual entrepreneurship awards programme which is now recognised as one of the UK’s largest early-stage business pitching competitions.

Expand your brand: how to accelerate your business through diversification

Once they find a consistent and successful revenue stream, many small businesses ‘settle’ and become reluctant to look for new avenues to growth. While consistency is good, relying on one income stream comes with many risks –the Covid-19 pandemic is a prime example of how a business can become compromised overnight.

The end of shared workspaces?

Stocks of WeWork, the once widely acclaimed office space-sharing company, has experienced a sharp decline after it raised “substantial doubt” about its future.