Finnish technology company Quanscient, working in cloud-based multiphysics simulation technology and quantum algorithms, has announced its new growth funding of €5.2 million.

The demand for specialised tech talent is rising sharply, with the International Data Corporation predicting that over 90% of companies will face IT skills shortages by 2026.

Microsoft has launched its new GenAI Accelerator programme, aimed at advancing AI-driven startups in the UK and positioning them for long-term success.

Romanie Thomas is the CEO of Chatsie. Chatsie was founded by ex-Tide founder George Bevis and led by CEO Romanie Thomas. The company offers premium smartphones and mobile network services designed specifically for seniors. Chatsie aims to enhance the quality of life for seniors while strengthening intergenerational connections in an increasingly digital world.

Blue Earth Summit arrived in London in October 2024,  located within a former machinery, manufacturing, and innovation quarter at Woolwich Works.

Neustark, a Switzerland-based, carbon removal specialist and one of the fastest growing companies in Europe, and UK-based building materials supplier, Aggregate Industries, are introducing a new technology that permanently removes carbon from the atmosphere and locks it into recycled concrete.

Virgin Media O2 has launched an all-new Small Business Partnerships initiative with leading brands Virgin StartUp, GoDaddy, and egg, to bring exclusive offers to small business customers. This initiative aims to equip entrepreneurs across the UK with the technology, resources, and networks to succeed.

According to a report by CB Insights, 35% of startups fail due to not solving significant market problems. Consequently, resources are spent on products that do not meet real consumer needs or, in simpler terms, are not wanted by anyone.

Startups often default to quick wins. It's how they survive the early days in business. 

The perceived lag between activity and results means that startups are typically reluctant to invest in SEO. They want gratification, and they want it now. 

Lloyd's Lab, situated in the heart of London, represents a pioneering initiative by Lloyd's of London to champion innovation within the global insurance sector. Established in 2018, this hub is designed to incubate and accelerate the development of cutting-edge technologies that can potentially transform the traditional insurance models and practices.

Novuna Business Cash Flow, a provider of financial solutions for small and medium-sized enterprises (SMEs), has reviewed the UK’s latest budget announcement, which introduces significant changes expected to impact businesses across the country.

Access to financing is critical for small and medium-sized enterprises’ survival. It’s been a challenge for years, with lenders less likely to risk significant sums on businesses with less of a track record or fewer assets for collateral.

Far from being a distant dream, AI's growing influence is a palpable reality, weaving its way through the fabric of content creation and management. From the nuts and bolts of research and editorial planning to the intricacies of creative composition, AI is increasingly playing the role of both the assistant and the innovator.

UK quantum technology company Aquark Technologies, in partnership with the Office of the Chief of Technology Officer (OCTO) for the Royal Navy, successfully demonstrated the capabilities of its novel cold atom technology on the Royal Navy’s HMS Pursuer vessel.

Augment Aero, a female-led aerospace technology company, has been awarded "Innovative Tech of the Year" at the South Coast Tech and Innovation Awards 2024, held at the Hilton Southampton on October 3 and hosted by The Business Magazine.

The UK National Quantum Technologies Programme (NQTP) is marking its tenth anniversary at the UK National Quantum Technologies Showcase 2024 on 8th November in London.

The integration of artificial intelligence (AI) solutions into front-line healthcare services in the UK is set to grow exponentially over the next decade, providing opportunities for faster, more accurate diagnosis and treatment. However, risks exist and there are concerns around patient data management, according to an expert group in Leeds.

DeepL, a global Language AI company, has announced it will be among the first to commercially deploy the NVIDIA DGX SuperPOD with DGX GB200 systems. The NVIDIA DGX SuperPOD, which is expected to be operational at DeepL by mid-2025, will be used to power research computation.

The Startup World Cup regional finals have crowned a new champion. Lithuanian startup Traxlo, with its platform “Tasku.app” – a short-term gig work portal offering flexible tasks in local stores, has won the opportunity to represent Central and Eastern Europe in Silicon Valley’s grand finale and compete for the $1 million prize. The event took place during the Engaged Investments conference, hosted by DEPO Ventures and J&T Ventures in Prague, Czech Republic.

The Access Group, a provider of business management software to mid-market organisations in Europe, USA and Asia Pacific, has announced that it has acquired HireAra, a UK based AI-powered candidate presentation platform that automates the process of formatting and presenting candidate CVs/resumes for recruiters.