Carbon3.ai, a recently-founded British tech firm, has pledged to invest £1bn in an effort to build the UK’s first “sovereign AI infrastructure network”. Incorporated earlier this year, Carbon3.ai wants to transform legacy industrial and energy infrastructure into sustainably powered AI hubs, which would include data centres, GPUs and energy capacity. The company is hoping to ... Read more ›
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Belfast-based compliance software group AuditComply has been acquired by Toronto-headquartered Nulogy. Founded in the Northern Irish capital in 2014, AuditComply has developed a quality management platform for manufacturers to perform tasks such as tracking suppliers. “We are excited about the next chapter for the business as part of Nulogy,” said Kevin Donaghy, chief executive of ... Read more ›
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Music icon Sir Paul McCartney has become the latest artist to join the track list of a silent album protesting unfair AI practices in entertainment organised by former Stability AI lead Ed Newton-Rex. Is This What We Want is a silent album initially released in February consisting entirely of silent tracks with artists including Damon ... Read more ›
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The deputy chief executive of the Financial Conduct Authority (FCA) Sarah Pritchard has said she would like to “strengthen” regulation on the tech service providers of the UK finance industry. Speaking to The Guardian, Pritchard, who was given the position earlier this year, said the watchdog is “ready” to supervise the role of web services firms ... Read more ›
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Edtech firm Multiverse and software giant Palantir have launched a partnership to upskill NHS staff with the goal of giving workers skills in AI and data practices. The tech firms will work with health service staff on the use of the NHS Federated Data Platform (FDP). Supplied by Palantir, the NHS FDP connects data from ... Read more ›
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This week’s UK tech funding deals include flexible payments fintech Zilch, green mobility insurtech Laka and more. UKTN tracked £169.06m worth of UK tech investment this week (10 November to 14 November), a 1,607% week-on-week increase across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Zilch – £134.2m Sector: Fintech HQ: London ... Read more ›
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James Eder is the founder of Student Beans, a student loyalty network that is now part of Pion. In this week’s Founder in Five Q&A, Eder discusses making the most of every opportunity from chance encounters to industry events, knowing when to move on from the startup you have created and why smartphones have become a ... Read more ›
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Laka, a green mobility insurtech, aims to accelerate its mergers and acquisitions strategy with a £6.5m debt facility from HSBC Innovation Banking. The group raised £7.7m in a Series B round earlier this year and has added the debt funding to support its strategic acquisitions and expansion plan. Laka has completed three acquisitions in the ... Read more ›
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Biotechnology group T-Therapeutics has secured a $32m (£24.3m) extension to its Series A round, bringing the total to £69.2m. The University of Cambridge spinout is developing T cell receptor therapeutics for cancer and autoimmune disease. New investors BGF and Tencent have joined the Series A round, which already includes Sofinnova Partners, F-Prime Capital, Digitalis Ventures, ... Read more ›
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Chancellor Rachel Reeves has ruled out imposing an exit tax on business owners moving their firm out of the country in the upcoming budget. Rumours had been circulating that the exit tax was being considered as a way to boost revenue without touching already ruled out tax increases as well as incentivise entrepreneurs to remain ... Read more ›
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Adclear, a London-based fintech compliance platform used by the likes of Plum and PensionBee, has raised a £2.1m seed round. Launched in 2024, Adclear has developed an AI-powered platform that automates compliance checks required of finance companies regarding their marketing content and product updates. Banks, fintechs, trading platforms and crypto organisations use the platform to ... Read more ›
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The government’s decision to designate a new AI Growth Zone in North Wales has come under criticism as it fails to address the key barrier of energy costs. The Department for Science, Innovation and Technology announced on Thursday that North Wales would become the next AI Growth Zone – a designation stemming from the department’s ... Read more ›
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North Wales will become home to the UK’s first small modular reactor (SMR), a form of nuclear power plant that the government claims is key to securing the UK’s energy and tech ambitions. The prime minister announced earlier this year that the government would reform planning rules to allow for the speedy approval and construction ... Read more ›
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AI is supposedly improving our productivity, with a myriad of tools now available to automate menial tasks such as calendar management, note-taking and email writing. It would be sensible to deduce then, that AI is reducing our workloads by taking some of these time-consuming activities off our plates. But it’s more complicated than that, because far more than simply ... Read more ›
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London remains the top choice for an initial public offering (IPO) among British tech businesses which look to be eyeing up the public markets despite a muted period, according to new research. In a survey of UK-based tech firms RSM UK found that just over three-quarters (76%) were considering listing publicly within the next five ... Read more ›
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Venture capital group Backed VC has closed its third fund, a $100m (£76m) vehicle targeting innovative European firms at the seed stage. Based in London, Backed leads pre-seed and seed stage rounds with investments between $500,000 and $5m. The Backed 3 fund will focus on three areas of frontier tech – AI therapeutics, blockchain and ... Read more ›
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London-based fintech group Zilch, known for its buy now pay later style flexible payment service, has secured an investment of $176.7m (£134.2m). The joint equity and debt round, led by investment group KKCG, follows the launch of new major products from the company – Intelligent Commerce, an AI platform that turns engagement data into real-time ... Read more ›
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Tech Secretary Liz Kendall is “deeply concerned” with Ofcom’s delays in implementing the next set of duties of the Online Safety Act. Writing to Ofcom’s chief executive Dame Melanie Dawes, Kendall stressed that the regulator must operate with an “urgent sense of momentum” in its implementation of certain duties of the act. Ofcom has already ... Read more ›
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Legislation announced by the government to protect the cyber resilience of critical services offers “no guarantee of security”, according to a tech-focused lawyer. The Cyber Security and Resilience Bill, if passed would establish a regulatory burden for the IT providers of essential services, including the NHS and energy grid. The bill was proposed amid a ... Read more ›
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The UK’s financial watchdog has launched a partnership with its Singaporean equivalent focused on supporting responsible AI innovation in finance. The Financial Conduct Authority (FCA) announced the new partnership with the Monetary Authority of Singapore (MAS) on Wednesday at the Singapore Fintech Festival. Alongside a remit of enabling innovative firms in the UK and Singapore ... Read more ›
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Business Insider
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24% 1 |
Wired
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10% 7 |
Gizmodo
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10% 0 |
Tom's Hardware
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9% 1 |
The Verge
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8% 5 |
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05.12.2025 05:34
Last update: 05:20 EDT.
News rating updated: 12:20.
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