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.
Moon Surgical, a French-American innovator in the field of surgical technology, has received FDA clearance for the commercial release of its Maestro surgical system.
Staff from the Defence and Security Accelerator (DASA) and the Defence Science and Technology Laboratory (Dstl) have been recognised with Commendation Awards from the Vice Chief of the Defence Staff (VCDS) and Chief of the General Staff (CGS).
ICEYE, a player in Synthetic Aperture Radar (SAR) satellite operations for Earth Observation, has signed a Memorandum of Cooperation with the Ministry of Defense of Ukraine to enhance their collaboration in remote Earth sensing for Ukraine’s national security and defence.
Samsara Eco, an envirotech innovator, has announced it raised AUD$100 million in its latest funding round. The round was led by global investment firm Temasek and Australian deeptech investment fund Main Sequence, with participation from new and existing investors including Wollemi Capital, lululemon, Hitachi Ventures, Titanium Ventures (formerly Telstra Ventures), and DCVC. This funding brings Samsara Eco closer to its goal of eliminating plastic waste, ensuring it never ends up in landfill or incineration.
BetaDen, a Worcestershire-based organisation dedicated to supporting innovative tech businesses, has launched its new incubator programme. This initiative, BetaDen Incubate, is in collaboration with Barclays Eagle Labs and the Worcestershire Local Enterprise Partnership.
Liverpool-based EdTech company SupplyWell has unveiled a new app aimed at transforming the supply process for educators nationwide.
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.
Paladin Capital Group, known for its investments in cyber and AI technologies, has introduced four new signatories to its Investment Principles and Commitments for Trust, Safety, and Security.
A recent poll by specialist recruitment company Robert Walters revealed that 73% of professionals believe virtual meetings hinder their productivity, with over half (53%) reporting that their workday is regularly disrupted.
Sales training company Mentor Group has introduced a VR training solution designed to enhance essential sales skills for their clients.
Us&Co is a workspace provider that creates unique workspaces designed to reflect the way professionals actually work.
Imagine a commute where your car knows your favourite coffee shop, recommends a scenic park for a break, and even connects you with travellers along the way.
Swiss-Israeli fintech startup okoora has expanded into the Polish market, marking a pivotal step in its European Union (EU) growth strategy. Okoora’s Polish operations will eventually encompass sales, marketing, and customer support offices, along with a research and development centre to further its product innovation.
SmartCap Venture Capital Fund has invested €5 million in Antler’s Nordic Fund II, reinforcing its dedication to early-stage startups and innovative tech investment strategies.
