High-performance computing (HPC), AI, and high-performance data analytics (HPDA) present immense opportunities for innovation and competitiveness among European SMEs and startups. FFplus, with a budget of €30 million, is now inviting proposals from companies keen on conducting business experiments and innovation studies to elevate their products, services, and operations.
New insights from Sightline Climate’s intelligence platform reveal a concerning decline for climatetech in both the number of deals and their sizes, especially during later growth stages.
Colossal, the de-extinction startup, has announced a significant milestone: the administration of the first mRNA vaccine to an elephant in captivity, a result of its research support and funding acceleration.
Unlikely AI, the British startup founded by William Tunstall-Pedoe, has proudly announced key executive appointments and unveiled details about its generative AI platform.
New research from Amazon Ads revealed that UK SMBs are experiencing significant benefits from advertising, aiding their expansion both domestically and internationally.
Research from IT consultancy Zartis has highlighted potential overconfidence among UK tech executives regarding their organisation’s AI roadmap. A significant 85% of these executives rated their workforce’s AI knowledge and expertise as ‘skilled’, with over half (51%) considering it ‘highly skilled’. Despite this confidence, many executives expressed concerns about barriers to further AI adoption and were divided on the return on investment (ROI) of AI initiatives.
Synechron, a global digital transformation consultancy specialising in financial services and technology, has unveiled its Synechron Nexus Plus Accelerators Programme. This initiative introduced five AI-driven solutions aimed at addressing key business and operational challenges, enhancing capital raising, corporate development, and public ownership processes.
From AI-powered recommendation engines to reinforcement learning, the potential of AI seems limitless. However, according to Bartek Roszak, Head of AI at STX Next, the rush to implement these technologies without a well-thought-out strategy can pose significant risks in the long run.
Integrated Systems Europe (ISE), the pro AV and systems integration event, has unveiled its new Innovation Park for ISE 2025.
Web development is crucial for businesses that want to create a strong online presence, boost their brand, and increase customer interaction. To drive growth and achieve success it is essential to select a web development team that possesses the technical knowledge to create a user-friendly functional and optimised website.
British payments fintech, Ryft, has teamed up with digital pharmacy platform, Charac, to offer its marketplace payment system, slashing processing fees for independent pharmacies by over 30%. https://startupsmagazine.co.uk/article-ryft-partners-amex-drive-efficient-payments
There’s still time to grab a ticket to the much-anticipated Hustle Awards, which will be taking place next week (18th July) at The Steel Yard, honouring the achievements of startups, scaleups, and entrepreneurs from various sectors.
Swedish e-scooter startup Voi Technology has slashed its losses by 34% last year and is poised to turn a profit soon, despite a challenging year for the industry.
Textgain is set to develop CaLICO over the next 12 months, aiming to create the world’s first advanced Large Language Model (LLM) capable of recognising and processing hate speech in all official EU languages. The company aspires to become the market leader in multilingual AI-based hate speech detection.
Half of all M&A deals fail, largely due to the common practice of hiring an M&A banker and hastily marketing the business for sale. Instead, companies should start exit preparations earlier and proceed more deliberately, advises Victor Basta, CEO and Founder of DAI Magister.
At Quantum Korea 2024 in late June, five British companies showcased cutting-edge quantum technologies, igniting considerable interest.
Vizient has announced a strategic alliance with Greenly, a prominent carbon accounting platform provider. This partnership aims to enhance Vizient’s Climate Performance Solutions by integrating comprehensive greenhouse gas data collection, analysis, and reporting capabilities.
European data protection supervisory authorities imposed €107.3 million in fines for GDPR violations in the first half of this year. These cases highlight a significant need for increased awareness and compliance with data protection regulations among companies and public institutions, according to Krete Paal, CEO of GDPR Register.
Over half (52%) of CEOs believe their organisations lag in workforce diversity, with 37% of chief HR officers sharing this sentiment, according to research by The IN Group.
On 17th June, at the Drahi-X Novation Center, École Polytechnique’s hub for Entrepreneurship and Innovation, Greyn and INEN Robotics emerged as the winners of the Jean-Louis Gerondeau – Safran 2024 award. This 13th edition celebrated these startups for their pioneering solutions in construction and healthcare, each receiving a prize of €15,000.
