Cognizant has unveiled a companion analysis to its 2023 comprehensive study with Oxford Economics. The new report, “New Work, New World: Quantifying Global Gen AI Momentum,” highlights cautious optimism as a key driver for the current market adoption of generative AI across various industries and regions.
Aloha, a startup based in Cyprus, has unveiled its privacy-centric AI assistant, integrated directly into the browser and available across Windows, macOS, iOS, iPad, and Android platforms, thereby reaching millions of users globally.
Trend Micro Incorporated, a global cybersecurity company, has reached significant milestones in the expansion and growth of its cybersecurity platform, Trend Vision One. The platform now supports over 10,000 enterprise customers across the globe. Additionally, it has been extended to assist small- and mid-sized enterprises (SMEs) in managing their cyber risk more effectively.
A new report from the University of Northampton (UON) will scrutinise the economic strengths and weaknesses of Northamptonshire, aiming to harness the burgeoning startup scene in the county.
Hull-based healthtech company MediMusic, which has developed AI technology to prescribe music as medication to ease pain, anxiety, and stress for people with dementia, won the Startup of the Year award at a global music tech summit.
Eleven pioneering semiconductor startups, specialising in advanced AI and groundbreaking healthcare technologies, have been inducted into the ChipStart incubator, a government-endorsed support programme designed to commercialise their cutting-edge research.
Business for Health is collaborating with the Office for National Statistics (ONS) to enhance the ONS Health Index. This tool aids businesses, local authorities, Integrated Care Boards, and the government in making informed decisions that promote health and economic growth. Additionally, it provides the Treasury with crucial data on the economic benefits of preventive measures.
Fiverr recently revealed its acquisition of AutoDS, a platform offering a comprehensive subscription-based solution for dropshippers. AutoDS streamlines the dropshipping process with features like product research and sourcing, inventory management, and automated fulfilment.
Sage, renowned for its accounting, financial, HR, and payroll technology tailored for small and mid-sized businesses (SMBs), recently announced a new collaboration with Virgin StartUp, the arm of Virgin committed to aiding UK founders in their entrepreneurial journeys.
Adyen vs Stripe is a big question when selecting the right payment processing solution for startups and SMEs. These two prominent players both offer robust platforms designed to handle the complex needs of modern businesses.
Kallikor has launched, a new venture helmed by a team with a decade of expertise in AI, simulation, and virtual world-building, has been launched to revolutionise automation and robotics adoption in addressing supply chain complexities and productivity issues.
On 1st August, With Life Cultivator was launched as the world’s first incubator dedicated to supporting startups and established organisations through periods of substantial growth and transformation.
Meta and Startupbootcamp have joined forces to invigorate the MENA startup ecosystem with a focus on advanced AI technologies. Their collaborative initiative, Llama Design Drive, is tailored to meet the unique needs of startups in the region.
Streamkap, a real-time data streaming provider, secured $3.3 million in seed and pre-seed funding led by InReach Ventures, with contributions from TEN13, Haatch Ventures, and Begin Capital. The funding round also saw participation from angel investors with roles at Datadog, Anthropic, and Clickhouse.
Checkly, a company in synthetic monitoring powered by Monitoring as Code (MaC) and Playwright, has raised $20 million in a Series B funding round led by Balderton Capital. Notable contributions also came from existing investors Accel, CRV, and Paul H. Müller.
At an event in Paris, Alibaba.com announced its partnership as the first worldwide Olympic and Paralympic e-commerce partner to join the Athlete365 Business Accelerator programme’s fourth edition. This International Olympic Committee (IOC) led initiative aimed to aid athletes in their dual-career and career-transition phases by equipping them with entrepreneurial skills.
Thredd, a swiftly growing global payments platform, has reported significant industry-wide growth in fintech-driven digital payments. Adding to this positive outlook, Thredd has also renewed its partnership with Zilch, the pioneering ad-subsidised payments network (ASPN).
Cardiff-based travel platform Lovetovisit, which aids users in discovering and booking local attractions, experiences, and events, has secured £3.2 million in venture capital funding to facilitate its growth. Leading the funding round were Venrex and Redrice Ventures, with participation from Active Partners, Velocity Partners, and angel investors.
New analysis by the O3 platform, an AI-powered venture classification tool from the University of Oxford and OpenOcean, has uncovered surprising trends in the UK’s AI startup funding landscape. Contrary to popular belief, between 2012 and 2021, AI startups outside London received higher average funding than those within the capital.
The European Commission’s NGI TrustChain initiative has allocated an additional €1.8 million in grants to top European startups to combat online misinformation and identity fraud using blockchain technology. This latest funding round, dubbed ‘democracy grants,’ will support 15 startups from 10 different countries, each receiving up to €117,000. The selection process was highly competitive, with 162 startups vying for the grants.
