Arrow Electronics played a pivotal role in the creation of the world’s first 7nm Network Addressable Processing Unit (NR1 NAPU), now powering NeuReality’s NR1-S AI Inference Appliance. This technology offers significant advantages in cost and energy savings compared to traditional CPU-centric systems.
Cosine, a human reasoning lab focused on developing artificial general developers, has announced a significant achievement: a 30% score on the SWE-Bench, the industry’s standard for evaluating AI-driven software engineering skills.
Definely, a legaltech startup, has unveiled Definely Vault, an AI-driven knowledge management tool poised to revolutionise how legal professionals tap into and utilise their firm’s collective wisdom.
Collo, a Finnish tech startup specialising in IoT analysers for industrial liquid processes, has secured €5 million in growth funding. This latest investment round was co-led by SEB Greentech Venture Capital from Sweden and the Dutch deep tech investor FORWARD.one, with additional backing from existing investor, Danish deep tech firm Scale Capital.
Trustly, a scaleup in open banking payments, is solidifying its foothold in the UK as it forges stronger ties with pivotal partners amid a surge in payment volumes and the widespread adoption of open banking technologies.
The Joy Club helps businesses attract, engage, and retain customers in later life through providing its life-changing community and content platform as a benefit and digital channel. The Joy Club Founder, Hannah Thomson, felt inspired after losing her Granny Jean, as she wanted to find a way to pay tribute to such an important person in her life.
Small Business Saturday has unveiled plans for its upcoming national roadshow, set to shine a spotlight on small businesses across twenty-one towns and cities throughout the UK.
Gaussion, a spinoff from University College London (UCL), has introduced an approach that significantly improves battery performance. By applying an external magnetic field during charging and discharging, Gaussion’s technology guides ions more efficiently within existing battery cells. This not only enables faster charging but also reduces cell degradation, thereby extending battery lifespan.
A recent survey of 250 UK office landlords, commissioned by workspace provider infinitSpace, has shed light on the growing trend of converting traditional office spaces into flexible or coworking environments.
MVision AI has announced that its MVision AI Segmentation (Contour+) application has received approval from the Central Drugs Standard Control Organization (CDSCO) under the “Image Segmentation Application Software” category. This milestone enables the integration of its cutting-edge image analysis algorithms into radiation therapy planning workflows across India.
Smart Pension, a prominent workplace pension provider in the UK, announced a new commercial agreement with STM Group. This deal involves the bulk transfer of members from the Options Workplace Pension Trust (OWPT) to the Smart Pension Master Trust.
First AML, a rapidly growing player in the anti-money laundering (AML) sector, has announced its latest integration with 3E, the cloud-native financial management and business operations platform designed for law firms by Elite.
According to a recent report by Nasscom and the Boston Consulting Group, a striking 90% of women view generative AI as vital to their professional advancement, recognising these tools as essential for career development. Despite this strong interest, only 35% feel adequately prepared to utilise these technologies, with the gap in readiness particularly pronounced in non-technical roles.
Userled, an AI-powered startup revolutionising B2B personalised marketing at scale, has secured £4 million in a pre-seed funding round led by LocalGlobe, with participation from Dig Ventures. This funding will fuel the company’s mission to recruit top-tier talent and develop cutting-edge martech solutions.
Insurance brokerage firm Jensten has partnered with Manchester-based RegTech startup RiskSmart to enhance its risk management capabilities. After closing 2023 with 12 strategic acquisitions, including its largest yet, East Anglian-based One Broker Group, Jensten has continued its growth trajectory by announcing four more acquisitions this year, with further expansion plans in the works.
Cog ADHD, a new support app now available on iOS and Android, aims to provide relief to over 2.5 million Britons struggling to access ADHD treatment. Founded by Dom Longford, who has ADHD himself, the app connects users with a vast network of qualified therapists and clinical experts, offering an immersive platform to help manage ADHD on a daily basis.
A recent survey by monday.com, the multi-product platform that manages core work functions, revealed that the excitement surrounding the Olympics has significantly boosted workplace productivity in the UK. The poll of 2,000 UK workers showed that nearly two thirds (61%) felt inspired by the games to deliver more creative and innovative work.
Litera, a prominent provider of legal technology, unveiled a range of substantial updates and new features to its software suite, now incorporating more advanced integrations and user-friendly generative AI (GenAI) tools.
Impactpool, an AI-powered career platform, has secured $4 million in Series A funding, led by Mediahuis and Fort Knox. This investment will bolster Impactpool’s advanced AI matching technology and further its mission to connect one billion professionals with organisations focused on impactful change.
Following the recent OECD revelation that the UK might plummet to the bottom of the growth league by 2025, Aramex UK, a global logistics specialist, has called on the new Labour government to enhance support for SMEs aiming to expand internationally.
