Nikolas Kairinos is the co-founder and chief executive officer of RAIDS AI, short for Rogue AI Detection System, which monitors AI in real time to catch issues. In this week’s Founder in Five Q&A, Kairinos discusses focusing on good, solid research that builds working products rather than chasing trends or bowing to investor pressure. What advice ... Read more ›
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The UK’s financial regulator will focus more on cyber security, defence and technology amid rising threats. Addressing top figures from the City of London this week, the Financial Conduct Authority (FCA)’s chief executive Nikhil Rathi said his regulatory body had to direct its role of monitoring financial services in support of national security. “Conflict today ... Read more ›
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Apple has lost in the £1.5bn UK consumer claim after a tribunal found that its app store practices removed competition and forced developers to pay high fees. The case was brought to the Competition Appeal Tribunal by lead claimant Dr Rachael Kent, who previously told UKTN that iPhone users were forced to accept any terms set by ... Read more ›
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Mondra, a London-based tech firm that has developed a platform to track the environmental impact of supply chains, has received a £10m investment. Founded in 2020, Mondra uses digital twin technology to map supply chains, monitoring not only the carbon emissions but also climate-related risks and price volatility. The platform is used by major supermarkets ... Read more ›
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Cambridge is fast becoming a global hub for innovation, with its most notable promise in the deeptech and life sciences sectors drawing comparisons to Silicon Valley. The annual Cambridge Tech Week, held in September, celebrated the city’s culture of collaboration among academics, enterprise and government, shining a spotlight on its status as a powerhouse for ... Read more ›
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The UK is attempting to position itself as a global leader in cybersecurity as a number of countries announce they are adopting the British cyber protection standards. Singapore, Australia, Germany, South Korea and Japan are among the growing list of countries that have signed up to the UK’s cyber framework, which aims to encourage a ... Read more ›
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Wonder Studios, a startup and self-described “AI-native studio” has secured $12m (£9m) in a seed funding round. The London-based firm is developing technology to increase the involvement of AI in the creative process. Wonder’s chief executive Xavier Collins described the company as the “entertainment studio for the new era”. Having launched only half a year ... Read more ›
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Chancellor Rachel Reeves has announced an investment package worth half a billion pounds will be put towards delivering growth in the Oxford-Cambridge corridor as the government looks to position the region as the centre of global innovation. The funding will in part go towards expanding infrastructure in the area, including new homes and a reopened ... Read more ›
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Cambridge has been named the UK’s most “investible” hub for science, according to a new report from Beauhurst, Cambridge Enterprise, Innovate Cambridge and Cambridge Innovation Capital. According to new research, early-stage life sciences and deep tech companies from Cambridge have raised £7.9bn since 2015, with international investors now involved in almost 40% of deals – ... Read more ›
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ChatGPT maker OpenAI is expanding its partnership with the British government with the announcement of a new domestic data storage offering for UK businesses. Announced on Thursday by Deputy Prime Minister and Lord Chancellor David Lammy, the partnership agreement between the Californian tech giant and the Ministry of Justice (MoJ) will see OpenAI for the ... Read more ›
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Tech giant Google has slammed the decision from the UK competition regulator to designate its mobile platform as having strategic market status (SMS). The Competition and Markets Authority (CMA) has been slowly rolling out SMS designations to the world’s largest tech firms since the enforcement of the Digital Markets, Competition and Consumers Act. The designation, ... Read more ›
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The UK and Europe have built some of the most vibrant technology ecosystems in the world. But the number of companies operating between the traditional lines of a Series A, B, C, etc. investor or growth equity and private equity firms has also increased; they have specific situations and/or requirements for the capital, driving a ... Read more ›
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London-based autonomous vehicle technology group Wayve has adapted its embodied AI system to the roads of Japan, demonstrating the pace at which it can be brought to new markets. The company’s flagship AI system AV2.0, which allows the operation of self-driving cars, was tasked with adapting to Japan’s driving environment. Despite its complexity and the ... Read more ›
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Saturn, a startup claiming to use AI to broaden access to wealth management and financial advice, has announced a $15m (£11.25m) Series A round. Citing figures from the Financial Conduct Authority, the company said fewer than one in 10 people in the UK received financial advice last year, leaving millions of households without support. The ... Read more ›
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The government has committed £8.9m in funding to a series of projects aimed at removing regulatory barriers to creating new technology. The funding, which will be delivered by the Regulatory Innovation Office (RIO), will back projects including a licensing regime for street cleaning robots, an AI tool to improve flood risk assessments in planning applications ... Read more ›
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The government will be scrapping ‘pointless paperwork’ and speeding up planning to save businesses nearly £6bn per year and deliver on the prime minister’s 25% admin reduction target. The crackdown on paperwork will see over 100,000 firms qualify for simpler corporate reporting rules, freeing up businesses to focus on growth. Examples of businesses the change ... Read more ›
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The British Business Bank’s South West Investment Fund has driven almost £100m of investment into new and growing businesses across the region. Launched in 2023, the £200m fund is increasing the supply and diversity of early-stage finance for smaller businesses across the whole of the South West, offering loans from £25,000 up to equity investment ... Read more ›
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The UK fintech industry needs the government to “get behind” it to unlock the “full power of the sector”, according to Innovate Finance chief executive Janine Hirt (pictured). Speaking at the organisation’s Fintech as a Force for Good event, Hirt lauded the achievements of the industry, describing it as a tool to support “inclusion and ... Read more ›
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World-leading innovation, more new homes and better outcomes for patients are the targets for a new blueprint for AI regulation being announced by the UK government. At today’s Times Tech Summit, technology secretary Liz Kendall will unveil plans to look at how companies and innovators can test new AI products in real-world conditions, with some ... Read more ›
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This week’s podcast guest is Fi Sellick, head of UK strategy at Square, who discusses how macroeconomic challenges impact small businesses as well as their payment providers, how Square is implementing AI across different markets and cryptocurrency’s role in democratising finance. Square is a contactless payment system for businesses co-founded by Twitter creator Jack Dorsey. ... Read more ›
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07.03.2026 08:50
Last update: 08:40 EDT.
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