Eight projects proposing ways in which AI can be incorporated into public sector work have been selected as semi-finalists in a government-sponsored competition. Run by digital business and technology service provider NTT DATA, the Civil Service AI and Data Challenge encouraged public sector workers to propose projects utilising the technology to improve services. Among the ... Read more ›
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London-based Fuse Energy has been valued at $5bn (£3.7bn) after securing a new $70m (£52.3m) investment round. Founded in 2022 by alumni from Revolut’s executive team, Fuse Energy was launched with the mission to offer cheaper and more abundant power than the competition. The company combines all aspects of the energy process into its activities, ... Read more ›
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As practically every sector adjusts to the present and plans for the future of an AI-orientated workforce, there remain many unanswered questions about how this technology will affect our lives. Among the most persistent concerns regarding AI is its potential to replace millions of workers, potentially creating a major employment crisis. While these questions were ... Read more ›
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London-based smartphone and consumer tech maker Nothing has announced the close of its recently announced “community investment round”, raising more than $8m (£6m) from more than 5,000 backers. Nothing announced the round earlier this month as a way to give its users the chance to invest in the company at the going rate per share. ... Read more ›
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Safeguards to ensure appropriate use of AI tools have “improved” but vulnerabilities remain, according to a comprehensive test from a government-appointed body. The AI Security Institute (AISI) tested the safeguarding features of the most advanced AI systems as part of its landmark Frontier AI Trends Report. The organisation found that while strides have been made ... Read more ›
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UK Research and Innovation (UKRI) has detailed how it plans to invest the record four-year £38.6bn allocated to it from the government. It has listed three key priority funding “buckets”, each in line with ambitions laid out in the government’s Industrial Strategy in June. The first is £8bn on targeted research and development addressing national ... Read more ›
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Former Conservative chancellor George Osborne has been appointed as head of countries by US giant OpenAI. Known for overseeing the austerity programme during the premiership of David Cameron, Osborne has now taken the role of managing director and head of OpenAI for countries, a role based in London. Osborne described the ChatGPT developer as the ... Read more ›
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Earlier this year, it was reported that up to 51,000 faces were scanned in a single day by live facial recognition cameras near London Underground stations. The Metropolitan Police described the initiative as an important step in public safety. Many Londoners, however, saw it differently – it shone a light on the concerns that some ... Read more ›
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Ankar, an AI startup developing technology to support patent protections, has secured a $20m (£15m) Series A investment. The company claims to have developed a unified platform to replace the fragmented process of securing patents. According to Ankar, its platform works across the entire lifecycle of a patent, from novelty and prior art analysis to ... Read more ›
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Monzo has secured a full banking licence to operate in the European Union, with plans to bring its fintech product to new markets in the continent. The digital bank has become on of the most successful in the UK since its launch in 2015, having amassed more than 12 million customers in its home market. ... Read more ›
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GreenScale, a London-based developer of hyperscale data centre campuses, has announced a strategic collaboration with critical digital infrastructure solution provider Vertiv to deliver factory-integrated data centre platforms in Europe that are engineered for AI workloads. As part of the strategic partnership, GreenScale will manage construction and site-wide infrastructure, while Vertiv will provide AI-ready data centre ... Read more ›
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Starling Group’s SaaS business Engine by Starling has opened its new London headquarters, which will be home to more than 300 engineering, delivery and client services experts following its latest hiring spree. Engine previously shared the Starling Group’s HQ at the Fruit and Wool Exchange in Spitalfields, where the company acquired more space in November ... Read more ›
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Bournemouth-based Ace High Sports has secured £600,000 to support its creation of video games for sports and playing card fans. The round is made up of £300,000 in equity funding from the British Business Bank’s South West Investment Fund via appointed fund manager The FSE Group, plus participation from private investors and grant funding from ... Read more ›
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Sheffield-based startup Future Greens, which builds bioreactors to convert unavoidable food and brewery waste into heat and power, has secured £500,000 in investment. The combination of £340,000 equity and a £160,000 government grant will be used to develop the company’s proprietary tenfold improvement to anaerobic digestion technology for its brewery customers. The funding will also ... Read more ›
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Technology Secretary Liz Kendall has announced the launch of the Women in Tech Taskforce to champion diversity in the UK tech sector and boost economic growth. With research showing women leaving tech leads to estimated loss of up to £3.5B every year, the taskforce will aim to ‘break down barriers’ that hold women back from ... Read more ›
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UK scale-ups are gearing up for a sharp rise in artificial intelligence investment, with new research showing UK businesses plan to increase AI spending by an average of 40% over the next two years. What was once enterprise-only technology, is becoming a central part of how scaling companies operate, compete and plan for the future. ... Read more ›
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London-based e-bike rental startup Forest has announced Octopus Energy as the official energy partner for its fleet of vehicles. From the month of December, Octopus Energy will provide zero-carbon electricity to the 20,000 Forest bikes across London, in line with the mobility firm’s goal of establishing a clean transport network in the UK capital. “Sustainability ... Read more ›
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The UK government has unveiled plans to bring in “firm and proportionate rules” governing cryptoassets to encourage both safety and growth. The new rules, which are expected to come into force from 2027, are an attempt from the Treasury to establish a comprehensive regulatory regime for cryptoassets and provide a sense of legal clarity, something ... Read more ›
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IVFmicro, a spinout company from the University of Leeds developing technology to improve the success rate of IVF treatments, has raised £3.5m. Founded in 2024, IVFmicro aims to make the medical practice more reliable by enhancing the quality and number of embryos included in an IVF cycle. Currently IVF treatment only results in a successful ... Read more ›
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The British Armed Forces have agreed to develop a new undergraduate degree in autonomous systems in partnership with the New Model Institute for Technology and Engineering (NMITE). The Hereford-based university will begin welcoming students to the new degree in September 2026. The programme has been launched in cooperation with the military to respond to international ... Read more ›
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Cambridge spinout PolyAI has raised $86m (£64.3m) in a Series D funding round that has included backing from the British Business Bank. The UK-founded firm has developed advanced AI voice agents that can mimic human conversation to handle complex customer service calls. The firm’s tech has been deployed by major brands including Volkswagen, FedEx and ... Read more ›
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06.03.2026 18:40
Last update: 18:35 EDT.
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