The UK and France have launched a supercomputing partnership as part of a raft of new agreements following President Macron’s state visit. Britain and France have agreed to collaborate on efforts to scale compute power capacity, a key element of growing the tech industries of both nations, as well as sharing best practices on AI ... Read more ›
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A series of “Prosperity Partnerships” designed to encourage businesses and universities to collaborate on technologies to support public good and economic growth have been backed by £97m of investment from UK Research and Innovation (UKRI) and the private sector. A total of 23 partnership projects have been agreed ranging from using AI to help examiners ... Read more ›
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The British Business Bank has announced a new £400m Investor Pathways Capital initiative to support those from diverse backgrounds entering fund management and investing. The goal of the initiative is to support new entrants entering the field by backing diverse fund managers, investing in microfunds to support small, early-stage funds and working with partners investing ... Read more ›
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The state of financial crime prevention among digital banks has been once again called into question this week after Monzo, one of the UK’s most popular examplars, was handed a £21m fine by the Financial Conduct Authority (FCA) for historical failings in their security. The FCA said on Monday that the bank, which serves more ... Read more ›
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EverGive, a new platform enabling donors to contribute to a central bitcoin reserve for long-term charitable funding, has launched. As charities cite stable income and long-term financial security as consistent challenges, EverGive chose a Bitcoin reserve due to it being “the best performing asset class of the last decade”, with the goal of securing sustained ... Read more ›
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Tech giant Meta will open a new £12m research lab in Cambridge focused on spatial audio technology for the company’s wearable AI product offering, in support of the government’s Oxford-Cambridge corridor plans. The company described the move as an investment in Meta’s “long-term commitment to innovation in the UK”, where it employs more than 5,500 ... Read more ›
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In the early 1980s, everyone was obsessed with how new information superhighways would change the world. We were promised instant access to all human knowledge, in ways that would transform the global economy and lead to the digital transformation of every industry. At the time, it was almost impossible to conceive how we’d interact with ... Read more ›
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Google Cloud will work with the British government to upgrade the technology used in public services and upskill up to 100,000 civil servants as part of a state push for AI and digital. The partnership includes a wide scope of services used in the public sector set to be upgraded by the cloud team of ... Read more ›
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15below, a Brighton-based firm specialising in automated passenger communications for the airline industry has acquired Airport AI as it looks to build a “unified communications solution” for air travel. Founded in 2016, Airport AI is a conversational customer service platform used in more than 85 airports globally, including London Gatwick. The company has been acquired ... Read more ›
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Welsh digital ID group Credas is aiming to simplify homebuying and other regulated purchases with the launch of the UK’s first ‘compliance wallet’. The product will be a reusable compliance solution across all regulated sectors, initially targeting the property market. The wallet carries the owners verified identity along with a compliance profile that includes sanctions ... Read more ›
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Neighbourly, a platform to support businesses making positive impacts, in collaboration with Microsoft and youth-focused non-profit OnSide, conducted an in-person training initiative across the UK to support over 150 charity representatives to gain essential digital skills. The events, which took place in Youth Zones in Manchester, Carlisle, Croydon and Dagenham in June, brought together local ... Read more ›
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The UK has become the fastest growing market in Europe for high-speed, fibre optic internet, with providers having connected 4.2 million new homes in the year ended September 2024. Despite this, the final phase of connectivity remains a difficult challenge as the UK looks to extend high-speed internet coverage to the estimated remaining five million ... Read more ›
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Wrisk, an embedded insurtech provider for the automotive industry, has successfully closed a £12m Series B funding round. Working with brands such as BMW, Volvo, Mercedes-Benz and Jaguar Land Rover, Wrisk embeds its digital insurance platform into its customers’ services. The firm has also built a propriety platform that tracks data directly from vehicles to ... Read more ›
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Theo Health, a Scottish sports startup specialising in smart clothing to provide elite athletes and conditioning coaches with lab-grade data in real time, has raised £1.2m. The startup has teamed up with Olympic gold medalist Xander Schauffele, who joins as both an investor and one of the founding ‘Alpha Athletes’ in Theo’s elite testing programme ... Read more ›
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The Queen of Greens initiative, which provides affordable fruit and vegetables to low-income areas in Liverpool and Knowsley, has been granted government funding to develop an advanced mapping tool. The tool would allow for targeted routing to ensure the initiative reaches residents in social housing who often find it difficult to access healthy food options ... Read more ›
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Digital bank Monzo has been fined £21m by the Financial Conduct Authority (FCA) for inadequate anti-financial crime prevention systems. According to the regulator, Monzo failed to scale its financial crime controls alongside the rapid growth in its customer base between 2018 and 2022, when Monzo grew from around 600,000 users to almost six million. The ... Read more ›
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Gradient Labs, a startup building AI customer service agents for the financial sector founded by three former Monzo employees, has secured a $13m (£9.5m) investment less than a year after closing its first seed round. Regulated industries such as finance and law are simultaneously ripe for AI adoption, characterised by large amounts of time-consuming administrative ... Read more ›
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Revolut has launched a UK-listed Exchange-Traded Funds (ETFs) offering as part of a suite of new investment product launches. The fintech will now offer investment opportunities in UK, European and US companies, from £1. Users will be able to diversify their holdings and gain exposure across a range of sectors and geographies to manage and ... Read more ›
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The Beauty Tech Group (TBTG) is more than tripling the size of its HQ at Glasshouse in Bruntwood SciTech’s Alderley Park campus in Macclesfield. The firm, which specialises in home-use beauty technology, has experienced four years of growth driven in part by the international success of their CurrentBody Skin LED mask. The group is increasing ... Read more ›
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Cumulus Neuroscience, a health tech company based out of Belfast, has secured a £3.25m investment to advance the commercialisation of its brain assessment technology. The company works with biopharma partners to provide a suite of tools to support the development of neurological treatments. Its flagship product is its EEG headset (pictured), used to scan and ... Read more ›
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Most popular sources
Business Insider
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32% 8 |
MacRumors
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9% 5 |
Gizmodo
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9% 1 |
Android Authority
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6% 2 |
Wired
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4% 2 |
| View sources » | |
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29.07.2025 23:16
Last update: 23:00 EDT.
News rating updated: 06:11.
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