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This week’s UK tech funding deals include AI procurement and supply chain group Procure AI, automated deal negotiator Monq and more. UKTN tracked £32.91m worth of UK tech investment this week (24 November to 28 November), a 75% week-on-week decrease across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Procure ...
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Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO of Disruptive, which led the startup's latest financing round in September. From a report: Davis, whose firm has invested more than half a billion dollars in Groq since the company was founded in 2016, said the deal came together quickly. Groq raised $750 million... Read more ›
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What are you willing to do to get your hands on DDR5 memory these days? Whatever it is, it probably doesn't match the lengths these Russian modders are reaching by trying to build their own RAM. You can actually follow along with your own parts, along with a bit of time to solder the memory ICs to the PCB. Read more ›
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A new type of lidar is allowing physicists to study cloud tops at a resolution 100 to 1,000 times higher than before. Read more ›
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After growing up across countries, I knew I wanted my kids to be multilingual — fluent in Dutch, German, and English from birth. Read more ›
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The Trump administration has announced it would replace the lottery programme used to grant H-1B visas for skilled foreign workers with a system that prioritises higher-paid individuals. From a report: The Department of Homeland Security said it would begin to implement a "weighted" selection process to give an advantage to higher-skilled and higher-paid applicants from February, according to a statement posted on its website. Matthew Tragesser, Citizenship and Immigration Services... Read more ›
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The US military has some strange rules for its troops unlikely to be found anywhere else Read more ›
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AMD prepares EXPO 1.2 revision that could bring CUDIMM support to next-generation Ryzen processors. Read more ›
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Taiwan’s iPass has released a new custom payment card that looks just like a Floppy Disk. Read more ›
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Starlink satellite 35956 suffered from a serious anomaly on December 17. It has been pictured largely intact, tumbling in space, but it will be weeks before it burns up in the Earth's atmosphere. Read more ›
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The Midwest hasn't yet overthrown the Sun Belt as the next best region to move to. The 10 states that attracted more movers than they lost were largely in the Sun Belt. Read more ›
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Apple CEO Tim Cook bought $3 million in Nike shares, nearly doubling his stake in the company. Read more ›
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Jingle Bell Heist and Klaus are some of the holiday films on Netflix that audiences should see this Christmas. Read more ›
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Editor’s note, December 25, 8 am ET: This story is being republished for the holiday season. It was originally published in 2024. When I was about 7, Los Angeles public schools shifted to a “year-round” schedule. The effect, for my elementary school, was a shorter summer break (boo), and an extra-long winter break (also, it […] Read more ›
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The $418 Smartlet literally bridges the gap between your elegant analogy and your nerdy smartwatch. Read more ›
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When your kid starts showing a preference for one of their stuffed animals, you're supposed to buy a backup in case it goes missing. I've heard this advice again and again, but never got around to buying a second plush deer once "Buddy" became my son's obvious favorite. Neither, apparently, did the parents in Google's […] Read more ›
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Macy's, Kroger, and Carter's are leading 2026 US retail store closures, citing long-term strategy and shifting consumer habits. Read more ›
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After a successful 2024 election, Vice President JD Vance came into the White House ready to shake things up, support President Donald Trump at all costs, and post whatever he wanted online. But what does Vance — the former “never Trump” conservative who has maneuvered, at least for now, into the position of MAGA heir […] Read more ›
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ANNA Money, a London-based fintech offering business owners a full suite of financial services, has secured a £10m debt funding deal. Founded in 2017, ANNA Money’s platform offers business accounts, invoicing, payroll, taxes and administrative services to entrepreneurs. The new funding has been secured in preparation for a significant shift in the tax requirements of ... Read more ›
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StretchSense, a Scottish startup developing extended reality gloves for workplace training simulations, has received a £1.75m investment. Targeting industries including healthcare, education, aviation and defence, StretchSense said its data capture gloves allow organisations to immerse staff in detailed simulated environments. The company’s management, software and marketing teams are based in Edinburgh, while its hardware and ... Read more ›
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Existing limits on contactless payments could be raised or removed entirely, the UK’s financial watchdog has confirmed. The Financial Conduct Authority (FCA) has announced that banks and payment providers that demonstrate strong fraud controls will be allowed to set their own limit for contactless payments, giving way to greater flexibility in responding to consumer demands. ... Read more ›
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Hedgehog Lab, a digital product consultancy that has been backed by BGF, has acquired Label Sessions, a global innovation network based in Edinburgh. With the deal, Hedgehog Lab aims to create a full-stack innovation consultancy combining the firm’s expertise in AI, product design with Label Sessions network of more than 500 tech experts. “This acquisition ... Read more ›
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This week’s UK tech funding deals include AI customer service agent developer PolyAI, consumer tech firm Nothing and more. UKTN tracked £153.95m worth of UK tech investment this week (15 December to 19 December), a 25% week-on-week increase across nine funding rounds. Here’s your weekly roundup of UK tech startup funding deals. PolyAI – £64.3m ... Read more ›
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The UK is set for a sharp rise in demand for IT and technology professionals, according to new research from recruitment firm Robert Half. Looking into UK businesses, the firm has found that 56% of organisations plan to expand their permanent IT and technology teams in the first half of next year. “The rise in ... Read more ›
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Thames Valley Police have deployed two new live facial recognition vans in the city of Oxford as early use of the controversial technology kicks off. Used to compare individual’s faces against a police database, live facial recognition technology has been positioned by the Home Office as a powerful tool to catch wanted criminals and even ... Read more ›
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Venterra Group, a renewable energy firm specialising in wind power ventures, has secured a £40m investment. Founded in 2021 by Ayman Asfari, who formerly ran the multinational oilfield services firm Petrofac, Venterra has been acquiring specialist companies developing technology and solutions in the renewables sector. “This raise is a powerful endorsement of Venterra’s strategy and ... Read more ›
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Sofant, an Edinburgh-based developer of satellite communications and 5G and 6G technologies, has closed a £6.25m equity funding round. The Scottish firm specialises in the development of low-power RF MEMS beamforming solutions used for wireless satellite communications. It has been in an extended research and development phase and, with the new funds secured, is preparing ... Read more ›
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New partnerships between Chinese automotive firm Baidu and ride-sharing services Uber and Lyft could see autonomous taxis on UK roads next year. The Baidu Apollo Go self-driving taxi has been deployed extensively across China already, now the firm is seeking regulatory approval to test the vehicles in London through partnerships with the taxi firms. Lyft ... Read more ›
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25.12.2025 10:46
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