The UK government is considering lowering the financial requirements for the global talent visa amid an extreme increase in cost from the US. Figures at Number 10 and the Treasury have even floated the idea of abolishing the associated fees altogether, according to reporting from the Financial Times. The global talent visa is a scheme ... Read more ›
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YASO, a London-based startup that helps consumer brands expand and grow in the Chinese market has raised £8.25m in a Series A funding round. The company provides an operating system covering payments, logistics, compliance, tax, analytics and storefront integrations for firms looking to grow their presence in the challenging to enter but highly lucrative Chinese ... Read more ›
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Planning approval has been secured by Latos for a new £100m data centre specialising in AI inference capabilities. The 18,836 sq ft centre will be located at Preston Farm Industrial Estate in Stocton-on-Tees and will house NVIDIA Blackwell GPUs. Latos, a neural edge infrastructure company, plans to open the site in early 2027. “From robotics ... Read more ›
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This week’s UK tech funding deals include smartphone challenger Nothing, restaurant software platform Nory and more. UKTN tracked £232m worth of UK tech investment this week (15 September to 19 September), a 125% week-on-week increase across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nothing – £148.2m Sector: Electronics HQ: London Round: Series ... Read more ›
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Muj Choudhury is the founder and chief executive of RocketPhone.ai, a tool that works within CRM platforms by taking customer conversations and turning them into actionable insights. In this week’s Founder in Five Q&A, Choudhury discusses being able to focus on skills and expertise over opinions, accepting when you need to adapt and why businesses that ... Read more ›
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Conduct, a London-based startup using agentic AI to provide insights to businesses on custom software, has closed a $12m (£8.89m) seed round. Launched by former staff at Palantir, the company’s aim is to modernise Enterprise Resource Planning (ERP) systems. Founded in 2024, Conduct is initially focusing on using its agentic AI to help companies understand ... Read more ›
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The advent of open banking has been one of the most transformative developments in the UK’s financial sector, paving the way for the thousands of fintech startups that have formed arguably the sturdiest pillar of Britain’s wider tech ecosystem. With open finance technology, managing, moving and understanding money has become far easier, but the economic ... Read more ›
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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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13.05.2026 17:01
Last update: 16:55 EDT.
News rating updated: 23:51.
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