A select group of Welsh tech startups is being offered a chance to receive rare support from the Massachusetts Institute of Technology (MIT). The Welsh Government and co-working space operator TownSq will fly out the lucky few to the States to visit the world-renowned technology institution later this year. The trade mission to Boston, Massachusetts, ... Read more ›
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The boss of food delivery app Deliveroo is set to exit the company after its takeover by American counterpart DoorDash is completed. Will Shu – who founded Deliveroo in 2013 and has led it to nationwide success ever since – confirmed his departure from the online food company today. His announcement comes as American takeaway ... Read more ›
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A Manchester-based venture capital firm has ploughed more than £1.1m into several artificial intelligence startups. The investment package from EHE Ventures targets tech firms using AI to solve “real-world” problems in areas ranging from health and agriculture to publishing and consumer technology. It comes under the firm’s new SEIS AI Growth Fund, which is part ... Read more ›
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Former deputy prime minister Nick Clegg has slammed the billions of pounds’ worth of American tech investment into the UK announced during the US president Donald Trump’s historic second state visit. The Guardian has reported that, during a Cambridge-based Royal Television Society event, Clegg described a recent spate of US-UK tech trade deals as Silicon ... Read more ›
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Octopus Energy will spin off Kraken, the AI technology platform created by the firm, into a standalone company led by new senior appointments. One of the largest energy providers in the country, Octopus in part made its name off the back of Kraken, an end-to-end platform that automates much of the energy supply chain. Though ... Read more ›
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The second state visit to the UK from US President Donald Trump has included a flurry of major announcements from American tech firms putting significant capital into Britain, largely in support of its AI infrastructure. Among the top announcements were an £11bn commitment from NVIDIA, a $30bn commitment from Microsoft, an additional £1.5bn from CoreWeave ... Read more ›
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Global tech firm NVIDIA will inject as much as £11bn into the British AI sector, months after chief executive Jensen Huang criticised the UK’s limited infrastructure. Announced on Tuesday evening alongside the arrival of President Trump in the UK, NVIDIA is increasing its position as a major partner and benefactor of Britain’s AI ambitions. A ... Read more ›
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EvoluteIQ, an AI company based in London with operations in India, Sweden and the US, has secured a $53m (£38.8m) growth capital investment round. Founded in 2019, EvoluteIQ provides agentic AI software to automate complex business processes for customers in industries including banking, insurance and healthcare. EvoluteIQ’s platform, EIQ, can automate decision-making, repetitive tasks and ... Read more ›
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A new AI Growth Zone planned for the North East could create over 5,000 new jobs and bring in £30bn in investment to the region, according to government projections. AI Growth Zones are areas designated by the government as hubs for the technology that can benefit from increased investment and simplified planning regulations to expedite ... Read more ›
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Tech giant Microsoft will invest $30bn in the UK’s AI infrastructure in one of the latest announcements from US firms during the state visit of the president. Announced in a blog post by Microsoft vice-chair and president Brad Smith, the investment, to be made over the next four years, marks the largest financial commitment made ... Read more ›
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US hyperscaler CoreWeave has announced the next £1.5bn phase of its investment in UK AI data centre capacity. The New Jersey headquartered company has been investing heavily in UK compute capacity in support of the country’s AI Opportunities Action Plan which laid out plans for international partnerships with the private sector to scale UK AI ... Read more ›
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Reading-based tech firm Oxford Quantum Circuits (OQC) has teamed up with global hyperscaler Digital Realty to open a New York City-based data centre powered by quantum computing and artificial intelligence. The partnership between OQC and Digital Realty forms an integral part of a UK-US tech trade partnership to coincide with US President Donald Trump’s State ... Read more ›
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Nory, which offers restaurant management software, has closed a Series B funding round totalling $37m (£27.1m) as it looks to help the industry cope with issues like staff shortages and increased costs using artificial intelligence. The round, which was supported by investors such as Kinnevik, Accel, Base10, Triple Point and Samaipata, follows Nory’s May 2024 Series ... Read more ›
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Artificial intelligence-powered customer service platform Clarity has closed a $12m (£8.8m) funding round. Led by Prosus Ventures, the round included backing from Google’s TV Al Fund, Sukna Ventures, Wamda Capital, Neo, Oraseya Capital, Phaze Ventures, Propeller, Tech Invest Com. Angel investors OpenAI and Google also took part in the round, funds of which Clarity will ... Read more ›
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Independent smartphone maker Nothing has raised $200m (£146.7m) in a Series C funding round that values it at $1.3bn. Tiger Capital led Nothing’s latest fundraise, along with participation from previous investors such as GV, Highland Europe, EQT, Latitude, I2BF and Tapestry. New backers include Nikhil Kamath and Qualcomm Ventures. Nothing previously raised $96m in 2023, ... Read more ›
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Google has opened a data centre in Hertfordshire as part of a two-year £5bn investment in the UK. Opened by Chancellor Rachel Reeves, the data centre in Waltham Cross aims to help meet the growing demand for Google’s AI-powered services, such as Google Cloud, Workspace, Search and Maps. The multi-billion pound investment includes Google’s capital ... Read more ›
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This week’s podcast is Lisa Haycox, chief executive of Explore Learning, who discusses the technologies that should and should not be used in children’s education, how perceptions of digital learning changed after the pandemic and how AI represents the future of edtech. Explore Learning is a tuition provider for young students via its digital platform. ... Read more ›
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British computing company Quantum Motion has delivered the industry’s first full-stack quantum computer built with standard silicon chips in a major step towards mass production viability. Deployed at the UK National Quantum Computing Centre (NQCC), the government-owned national lab for the technology, the new computer is the first of its kind to use mass manufacturable ... Read more ›
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US investment giant BlackRock plans to invest £500m into enterprise data centres across the UK as part of a major funding allocation to its British operations. BlackRock said it aims to improve the digital infrastructure of the UK amid rising demands in computing power and data storage as businesses look to new technologies such as ... Read more ›
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A new 254,000 sq ft drone manufacturing facility will open in the English town of Swindon in 2026 as part of a UK expansion from European defence tech group Tekever. The Lisbon-headquartered firm already has a handful of operating locations in the UK, with the new Swindon site said to be the company’s largest in ... Read more ›
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07.03.2026 15:22
Last update: 15:15 EDT.
News rating updated: 22:12.
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