The boss of Britain’s national institute for artificial intelligence and data science is to leave the organisation later this year. Dr Jean Innes, CEO of the Alan Turing Institute, announced that she would be resigning from her role to coincide with the completion of the body’s “current transformation programme”. Her exit comes at a time ... Read more ›
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Quantinuum, the Cambridge and Colorado-based computing group, has hit a valuation of $10bn after securing a $600m (£445.6m) investment from backers including NVIDIA. Founded from a merger of Cambridge Quantum and Honeywell Quantum Solutions, Quantinuum has become one of the most advanced firms in the field. Described by its chief executive Raj Hazra as having ... Read more ›
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Many critics of AI technology rightly point to the enormous amounts of power required to train and run these systems. Even among those who accept how impactful AI could be for productivity, at a time when the world is already facing a catastrophic climate crisis, sceptics are understandably opposed to heavy investments into such an ... Read more ›
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The £13m refurbishment works on King’s House in Manchester City Centre to turn it into a modern working environment for innovative businesses have come to an end. The renovation project, led by property platform Bruntwood SciTech with the support of Bruntwood, L&G, and Greater Manchester Pension Fund, has generated 36,000 sq ft of modern office ... Read more ›
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A £360m joint investment package that will generate 180 new jobs has been signed by the UK and Saudi Arabian governments. The deal, unveiled by business secretary Jonathan Reynolds at the Great Futures Summit in London this week, focuses on clean energy and professional and financial services and will bring economic benefits to both countries. ... Read more ›
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A new industry body has been set up to showcase, support and accelerate investment in Britain’s automated aviation sector. The Airside Automation Group, revealed at the Cenex Expo 2025 in Bedfordshire yesterday, is the brainchild of the likes of Zenic, International Airlines Group (IAG), Heathrow Airport, Aer Lingus and Fusion Processing. The group has multiple ... Read more ›
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Tech Secretary Peter Kyle has called on investors and tech industry figures to “step up” and match the ambition of the government in AI, as investment figures are revealed. In a speech to City leaders and tech firms at Mansion House on Wednesday evening, Kyle celebrated government policy to advance AI, including efforts to cut ... Read more ›
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Government-funded tech startup KETS Quantum Security has appointed a new executive chair as it gears up for a Series A investment round and ambitious expansion plans. Stuart Woods, who has a background in bringing advanced technologies to market and strategic partnerships, will help the firm raise the funds needed to develop a quantum key distribution ... Read more ›
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A major cyber attack that resulted in the shutdown of production lines and retail outlets at Jaguar Land Rover highlights the growing risk that hacking poses to big British industry, according to cybersecurity experts. The British carmaker confirmed in a statement that the incident, which took place over the weekend, had “severely disrupted” its retail ... Read more ›
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The UK government has announced plans to invest £12.6m in agtech projects through two competitions. It’s partnering with national innovation agency Innovate UK to deliver these Farming Innovation Programme competitions, which have been dubbed a “Dragon’s Den for farming”. They aim to accelerate the research and development of technologies that can tackle some of the ... Read more ›
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The UK government will launch a campaign across Spain and Germany to promote the work of British researchers and innovators. The campaign will encourage researchers, businesses and academics in the two countries to collaborate with the UK through the Horizon Europe programme. Horizon Europe is a joint research programme between European nations, the largest initiative ... Read more ›
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Local universities are a leading source of international exports, knowledge sector employment, startup creation and community regeneration, according to new research from think tank Centre for Cities. It found that, in large cities and towns across the UK, higher education institutions are crucial international exports that attract inward investment from foreign students who typically pay ... Read more ›
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Fintech platform Soldo works with businesses to help them manage company-wide spending in real-time using the latest technology. Following a Series C funding round of $180m (£133m) in 2021, the solution has partnered with the likes of Sony, Warner Bros and Mitsubishi Electric. After two decades in payments and financial services, including a 14-year stint ... Read more ›
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AI photography startup Camera Intelligence has raised $2m (£1.4m) in a seed funding campaign that will help it continue developing its advanced camera and automated editing software. The funding includes £550,000 from Digital Catapult, along with investments from Betaworks, F4 Fund, Next Wave via Flybridge and 7pc Ventures. Born out of Digital Catapult’s AI innovation ... Read more ›
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British AI-focused data centre startup Nscale is expanding to its first physical location, a new office in Mayfair, London. Nscale launched in May 2024 and by the end of the year secured a $155m (£115.5m) Series A round. The company builds and operates infrastructure for AI workloads. It designs data centre cites to support large-scale ... Read more ›
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Challenger bank Zopa has acquired online payments platform Rvvup and will make it a subsidiary in a bid to expand its retail finance offering. Currently, Zopa offers point-of-sale lending on merchant checkouts. But through this acquisition, the bank will support even more payment options in a single, artificial intelligence-driven user experience. To do this, Zopa ... Read more ›
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Notion, the San Francisco-based workspace software group worth $10bn, is expanding rapidly across Europe with the launch of a handful of new offices, including in London. The Index Ventures and Sequoia-backed AI group is opening three new European locations, in London, Paris and Munich, that will serve as “EMEA hubs”. Notion launched its first European ... Read more ›
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This week’s podcast guest is Caroline Seton, co-founder of Forest, who discusses the cultural shift in perceptions of cycling brought in by bike hire services, the infrastructural barriers to encourage mass cycling and navigating the venture capital landscape. Forest, founded as Human Forest, is a London-based bicycle hiring service competing with the likes of Lime. ... Read more ›
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A major tech-focused European law firm has opened an office in King’s Cross, London, as it eyes up global expansion plans. This is the first international office for Berlin-headquartered YPOG, an acronym for You + Partners of Gamechangers. James Shaw, who previously co-founded law firm JAG Saw Baker and worked as a partner at global ... Read more ›
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A new ticketless rail app is to be trialed on England’s rail network for the first time over the next few weeks. The trial, commencing today and using almost £1m of government funds, will take place on the East Midlands rail network across Leicester, Derby and Nottingham. Similar trials will happen on Yorkshire’s Northern Trains ... Read more ›
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13.05.2026 19:37
Last update: 19:30 EDT.
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