Nine trailblazing British startups are set to collaborate with Digital Catapult, the BBC, and Amazon Web Services (AWS) to drive innovation in the UK's creative industries. Each startup will receive £50,000 to develop AI-powered prototypes aimed at revolutionising creative production and addressing key industry challenges, ultimately boosting the UK's creative economy.

Weavr has announced the acquisition of a European e-money licence, marking a significant milestone for both the company and the embedded finance industry. This licence, granted by the Malta Financial Services Authority (MFSA) after an extensive review of Weavr’s unique operating model, is set to boost the adoption of embedded finance by B2B SaaS businesses.

The Feria del Campo 4.0 – Expo Agritech 2024 will debut in Malaga, Spain, from 26th to 28th November, introducing the inaugural AgriTech Startup Forum, a competition for entrepreneurs.

David Yeudall, a former principal mechanical engineer at a UK prosthetics company, has made notable advancements in developing upper limb prosthetics that are more comfortable, functional, and affordable. His work has been supported by Heriot-Watt University's DeepTech LaunchPad programme.

The Consumer Technology Association (CTA), the owner and producer of CES, the world’s most powerful tech event, is paving the way to CES 2025 with its robust fall event schedule, new exhibitors, updated CTA and CES branding—including a new CES website—and acclaimed programming.

The Consumer Technology Association (CTA), the owner and producer of CES, the world’s most powerful tech event, is announcing a new partnership with the European Commission’s European Innovation Council (EIC) for this year’s CES Unveiled in Amsterdam. This partnership will help identify breakout technologies from across Europe to be showcased at the event taking place in the Beurs van Berlage on October 15, 2024. The Dutch Ministry of Economic Affairs and Climate Policy has also renewed its long-standing partnership with CES Unveiled in Amsterdam to demonstrate the groundbreaking innovations from the Netherlands.
 

Starting today, UK businesses can take advantage of Lightyear's new business accounts, enabling them to earn interest and invest their cash through the platform.

A recent SME insights report by Dojo, a specialist in card payments for independent and enterprise businesses, has highlighted a concerning trend: approximately 110,940 SMEs are at risk of insolvency due to depleted cash reserves.

According to a recent market report, 68% of tourists value sustainability positively and want tools to make decisions about the environmental impact of their trips. This is just one sign that the travel industry is undergoing an unprecedented transformation with a focus on sustainability. This is reflected in hotels, which are integrating “green” technology in their rooms; the commitment to promoting the circular economy in travel; and an increase in travelers' awareness of the care and respect for the places they visit.

Wiz, a cybersecurity startup, has turned down a $23 billion (£18 billion) takeover offer from Google’s parent company, Alphabet, opting instead for a stock market flotation. This deal would have marked Alphabet's largest acquisition to date.

Global gaming and esports brand GIANTX (GX) has announced the acquisition of UK startup iTero Gaming, known for its AI coaching solutions for competitive gamers. This acquisition marks a significant milestone for the gaming and technology industries, emphasising the integration of AI in esports.

EIT Community RIS Hub in Ukraine and Sigma Software Labs, backed by the Ministry of Digital Transformation of Ukraine, have launched the Ukrainian leg of the Startup World Cup competition. The regional winner will advance to the global Grand Finale in San Francisco in October 2024, vying for a $1,000,000 investment prize.

The UK's recent governmental shift has ushered in significant changes and pledges across various sectors. The Labour party has committed to embracing fintech, aiming to inject £330 billion into the UK economy over the next five years.

New research indicates that 57% of the UK population fears the rapid adoption of AI in personalised medicine is outpacing the necessary training for safe system use. Additionally, 49% are worried about health data protection in this context.

An advanced airborne 5G connectivity system has been successfully integrated into a Britten-Norman Islander aircraft, completing a series of demonstration flights. Developed by Stratospheric Platforms Limited (SPL), a Non-Terrestrial Networks telecoms developer, in collaboration with Britten-Norman, this cutting-edge technology promises to revolutionise wide-scale high-performance 5G coverage.

Axevil Capital, an international digital venture ecosystem facilitating investments in top-tier global tech companies, introduced Claudia, an AI-powered investment advisor.

New research by SoSafe revealed that 85% of UK security professionals believe the current threat landscape is the toughest it has been in five years, with only 44% hopeful for improvement in the next 12 months. The alarming rise in cybercrime is overwhelming organisations.

Alibaba International Digital Commerce Group announced that around 500,000 merchants had integrated its generative AI toolkit, "Aidge", into over 40 e-commerce scenarios. Launched last November, the toolkit’s daily application programming interface (API) calls have consistently doubled every two months, now surpassing 50 million.

The Sustainability Expo Europe, hosts 500+ sustainability professionals for a two day in person event at the RAI Amsterdam, 1st - 2nd October 2024!

The collaboration between ACE Money Transfer, an international financial service provider, and Trustly, a company in global open banking payments, has transformed the remittance landscape. Customers have benefited from this partnership through personalised remittance experiences featuring competitive exchange rates, low transfer costs, and enhanced security.