Tech billionaire Elon Musk will attend the UKās AI Safety Summit this week and host a conversation with Prime Minister Rishi Sunak on X, formerly Twitter, on Thursday evening. Muskās expected attendance will be seen as a major boost for Sunak after several world leaders ā including US President Joe Biden and French President Emmanual ... Read more āŗ
21
The UKās financial regulator is cracking down on āunfairā and āunclearā contracts for buy now pay later (BNPL) products as data reveals use of the alternative payment method has skyrocketed. The Financial Conduct Authority (FCA) has enforced a requirement for firms in the BNPL sector to present customers with clear, easy-to-understand contracts that inform people ... Read more āŗ
0
In the latest episode of the UKTN Podcast, Nigel Toon, co-founder and CEO of Graphcore, discusses all things AI safety ahead of the UKās inaugural summit. Toon ā who will be attending the AI Safety Summit ā explains the danger of letting commercial interests and Big Tech shape regulations, and why he believes the government ... Read more āŗ
0
The role of AI and how to regulate it has become a topic of increasingly fierce political debate. Predictions about how the technology will impact society have ranged from apocalyptic to utopian, and as such it was to be expected that this would be an issue at the forefront of tech agendas at this yearās ... Read more āŗ
0
Oxford University Innovation and Parkwalk Advisors have closed Ā£3m for its latest fund backing early-stage startups. Shared exclusively with UKTN, the University of Oxford Innovation Fund was initially set up in 2014 to back tech and science spinouts from the university. The close marks the sixth Innovation Fund to date. The fund ā known officially ... Read more āŗ
2
The chief executive of Nordic challenger bank Lunar has poured cold water on a rumoured merger with British bank Monzo. Lunar CEO Ken Villum KlausenĀ said the fintech is focused on its Nordic expansion and that speculation over a deal with Monzo in July was āoverhypedā. Speaking to Tech.EU, Klausen said: āWe donāt have any intention ... Read more āŗ
0
UK tech founders have called on the prime minister to embrace artificial intelligence products in the public sector, open up datasets and provide more incentives for startups ahead of the AI Safety Summit this week. The letter to Rishi Sunak ā signed by the founders of 25 startups including Faculty, Stability AI and Mind Foundry ... Read more āŗ
0
Prime Minister Rishi Sunak has announced Ā£100m in funding for an accelerator that will use AI to find treatments for previously incurable diseases. The AI Life Sciences Accelerator will be deployed over the next 18 months and target areas where artificial intelligence has the greatest potential to improve healthcare. āAI can help us solve some ... Read more āŗ
24
North of England venture capital firm Northern Gritstone has announced its final close of Ā£312m, with more than Ā£150m coming from local authority pension funds. The VC firm will use the funds to back tech spinouts and startups in Leeds, Manchester and Sheffield. āReceiving the endorsements of asset managers, mayors and pension funds shows the ... Read more āŗ
9
Venture capital firm NordicNinja has today revealed the appointment of former Tech Nation chief operating officer Row Knapp in the same role. Shared exclusively with UKTN, Knappās appointment to NordicNinjaās team follows the Helsinki investorās move to the UK in September along with the launch of its Ā£172m fund. āI think a good operator should ... Read more āŗ
5
The government must āinterveneā to ensure banks work with crypto firms after several financial institutions recently enforced bans, according to the UKās crypto trade body. Speaking to UKTN, Su Carpenter, director of operations at CryptoUK, called out banks for their ārisk averseā approach to cryptoassets. Last month, Chase UK announced the bank would no longer ... Read more āŗ
2
Banking software company Thought Machine has cut dozens of jobs in a ācost reduction exerciseā potentially affecting as many as 70 staff, UKTN has learnt. Thought Machine CEO Paul Taylor said in a company-wide email, seen by UKTN, that the fintech is ācurrently going through a cost reduction exercise and as part of the process ... Read more āŗ
2
The British Design Fund has invested Ā£150,000 into Holdson, which makes electrochemical polishing machines. Based in Huddersfield, the startupās electrochemical polishing machines are used to eliminate any contaminants or imperfections on the exterior of metals. Aaron Holt, CEO and co-founder of Holdson, said: āWhile existing solutions are costly and slow, our patented process is up ... Read more āŗ
25
Multifi, a London-based fintech that provides credit services to SMEs, has raised Ā£10m in loan capital. The fresh funds will go towards Multifiās credit facility offerings for small businesses. Multifi offers SME loans of up to Ā£200,000. āBusiness finance is overly complex, often leading to immediate rejection for enterprises needing funding. We aim to revolutionise ... Read more āŗ
0
Embedded finance startup Railsr has secured a Ā£20m funding boost from its existing investors months after it was rescued from collapse. Railsr, which supports the implementation of financial services for businesses, received the funding largely from previous backers such as D Squared Capital and Moneta Venture Capital, first reported by Sky News. The funding, confirmed ... Read more āŗ
16
The UK has long been an attractive destination for international job-seekers and despite concerns around declining immigration post-Brexit, it continues to attract vast numbers of foreign workers ā including for UK tech jobs. Thatās according to recent data presented by Indeed at a roundtable event held in its London HQ. The finding, led by analysts ... Read more āŗ
0
The UK subsidiary of the German-based Rocket Factory Augsburg AG has received a Ā£3.5m funding boost from the UK Space Agency to launch from the Shetland Islands. Rocket Factory UK has also been granted āexclusive accessā to launch its 30-metre tall rocket from SaxaVord Spaceportās Fredo launch pad. āWe are eagerly anticipating our inaugural orbital ... Read more āŗ
0
Jan Hauser is the co-founder and CEO of Applifting, a software and product development studio. Applifting was founded in 2014 by Hauser with Filip Kirschner and Vratislav Kalenda. It validates, designs and builds apps for companies, with clients including UK fintech startup Braid. Its main headquarters is in Level 39, a co-working space in Canary ... Read more āŗ
24
The Online Safety Bill, which sets tougher standards for social media companies, has become part of UK law after receiving Royal Assent. From today tech companies such as TikTok, Facebook and Snapchat will be legally required to āprevent and rapidly remove illegal contentā. The law is aimed at making the internet a safer place and ... Read more āŗ
4
Prime Minister Rishi Sunak has said he will address artificial intelligence fears āhead-onā as the government publishes a report committing to understanding the current and future risks of frontier AI. The government said its new report would āinform discussionsā at the AI Safety Summit, set to be held in Bletchley Park next week. The report ... Read more āŗ
0
Most popular sources
Digital Trends
|
0% |
VentureBeat
|
0% |
Tech Wire Asia
|
0% |
Startup News
|
0% |
ScienceDaily
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
10.06.2026 13:50
Last update: 13:41 EDT.
News rating updated: 20:40.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.