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Kraken Technology, a Fareham-based maritime defence technology company that specialises in uncrewed autonomous maritime platforms, has raised a $175m (£130m) Series B round. The funding will support Kraken’s continued development of its uncrewed surface vessels and payload capabilities, in addition to expanding localised manufacturing facilities around the world. The Series B round follows a successful ...
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UK Tech News
Surging data centre power demands are intensifying pressure on transformer supply chains Read more ›
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The BBC wanted to launch a UK-wide streaming service with ITV and Channel 4 in 2007... and again in 2017... will the third time be the charm? Read more ›
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Meta's rumored AI glasses could ditch the recording light for always-on sensing. Read more ›
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HMD has quietly announced a successor to its HMD Arc, but while boasting a new name and paint job, it does not bring many noticeable upgrades. Arc 2 still boots Android 14 Go and is built around a 6.52-inch IPS LCD with HD+ resolution and a 60Hz refresh rate. It is equipped with the Unisoc T603 chip, which is a more capable revision of Unisoc SC9863A from the first-generation HMD... Read more ›
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Federal AI minister on why he considers AI a foundational technology, and why Canada needs sovereign digital alternatives. Read more ›
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An MSG database tracked and categorized hundreds of celebs, famous Knicks superfans, and even some of Taylor Swift’s wedding guests. Labels included “LGBTQIA,” “DO NOT HOST,” and low to high “risk.” Read more ›
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For the past month, one name has dominated discussions of the 2028 Democratic primary: Georgia Senator Jon Ossoff. Though Ossoff is running for reelection in a crucial swing state, his consistent polling lead is prompting national observers to leapfrog all the way to 2028. Features in both the New York Times and Politico have touted […] Read more ›
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When you ask people when they knew Covid was going to be a huge deal, they give a range of answers. “When Tom Hanks got sick” is a popular one. So is “when the NBA suspended the season.” The most plugged-in people will sometimes cite early rumblings from Wuhan in December 2019/January 2020. For me, […] Read more ›
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Last week, Sony announced that in January 2028, large-scale production of physical discs for new games would cease. This sent waves throughout the industry, raising questions about what it meant for other console manufacturers, game preservation, and more. Read more Read more ›
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After a six-year absence, Netflix is reportedly looking into the return of its beloved free trial scheme. Read more ›
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A Reddit user named u/Slawrfp shared on the r/pcmasterrace subreddit that Chinese courts have allowed heirs to inherit games and other digital assets after the original user has since passed on. While Chinese inheritance law hasn't explicitly covered digital properties, multiple rulings have already set precedent. Read more ›
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Alchemab Therapeutics has extended its Series A financing with £25m from the British Business Bank, marking the Bank’s largest investment in a life sciences company to date. Founded in 2019, Alchemab is a clinical-stage biotechnology company that discovers and develops novel antibody therapeutics by identifying naturally occurring protective antibodies in individuals who show resilience to ... Read more ›
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Valve has released official drivers so you can put Windows 11 on the Steam Machine, but some users are worried they'll see a repeat of the Steam Deck’s disappointing support. Read more ›
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Donald Trump thanked Shotwell for her and her husband's "extreme generosity" after they gifted 2 million SpaceX shares to Trump Accounts. Read more ›
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AI agents won’t replace SaaS, they’ll fuel its evolution into the enterprise execution layer. Read more ›
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A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODLing strategy to forex. Read more ›
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UK Tech News
StirlingX has raised a $20m (£15m) Series A just eight months after closing its seed round. StirlingX is building a sovereign intelligence and autonomy platform that lets defence and critical national infrastructure customers capture, secure, fuse and act on high-value data in complex and contested environments, from surveying and monitoring infrastructure to detecting and countering ... Read more ›
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The UK government’s £298bn Defence Investment Plan promises to improve the nation’s security and support what could represent a key area of economic growth. According to the plan, it will “energise the transformation of our armed forces” and “rebuild warfighting readiness” at a time when the state of geopolitical security is genuinely alarming. Highlights of ... Read more ›
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Common Ventures has launched its Common Path programme, which is designed to help talented graduates from lower-income backgrounds build a career in startups. The programme is designed to identify graduates with the drive, resilience, self awareness and mental agility to thrive in startups, regardless of where they went to school or who they know. Through ... Read more ›
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London-based AI visibility startup geoSurge has raised $12m (£9.4m) in an oversubscribed seed funding round. Founded in 2025, geoSurge provides tools to help businesses track and manage how their brands are represented within generative AI systems like ChatGPT, Gemini, and Claude. According to the firm, instead of focusing on real-time search citation tracking—a practice often ... Read more ›
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Culture Secretary Lisa Nandy as announced she and her department will no longer use the social media platform X, claiming that “it isn’t healthy for our democracy”. Announced in a final post on the Elon Musk-owned platform, Nandy said: “I’ve decided to leave this platform and my Department will too. “A platform originally designed for ... Read more ›
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Digital bank Starling is set to cut more than 100 jobs as it looks to deploy automation to simplify its operations. Staff were told this week that a major restructuring would take place with the goal of removing duplicate roles, first reported by Financial Times. According to the bank, the downsizing was needed following the completion ... Read more ›
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Cross-border financial platform LemFi has secured approval from the Financial Conduct Authority (FCA) to acquire UK-based investment platform Wealth8, marking its official entry into the wealthtech sector. The acquisition allows LemFi to integrate long-term wealth-building and diversified investment portfolios into its existing product ecosystem. Originally launched as a remittance specialist, LemFi has steadily evolved into ... Read more ›
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This week’s UK tech funding deals include battery energy intelligence company Gaussion, digital biomarker platform Neuronostics and more. UKTN tracked £60.1m worth of UK tech investment this week (29 June to 3 July), a 64% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Gaussion – £21m Sector: ... Read more ›
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Worldmodeldata, a Cambridge-based startup building a database of video game-generated training data for next generation AI, has raised £7m in seed funding as it emerges from stealth. The startup says world models – an AI system’s internal understanding of how the world works – will form the backbone of the next generation of AI. Rather ... Read more ›
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UK startups and scaleups raised $17bn (£12.7bn) in venture capital funding during the first half of 2026, marking the strongest opening to a year since 2022 and a 102% increase on H1 2025, according to new analysis from HSBC Innovation Banking UK and Dealroom. Growth was driven by record levels of AI investment, renewed momentum ... Read more ›
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09.07.2026 06:24
Last update: 06:15 EDT.
News rating updated: 13:11.
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