Latent Labs, a UK drug discovery startup launched by former Google DeepMind scientist Simon Kohl, has launched its first AI model, with claims it can outperform top competitors. AI drug discovery is quickly becoming an intensively competitive market, with dozens of startups pulling in tens of millions â and in the case of DeepMind spinout ... Read more âș
0
US-based tech giant OpenAI is expanding its relationship with the British government with plans to heavily invest in UK AI infrastructure as the firm prepares to increase its office space in London. The ChatGPT developer on Monday evening signed a strategic partnership with the UK government committing it to support the expansion of essential AI ... Read more âș
0
Goldman Sachs-backed German AI company osapiens is expanding its UK operations, with plans to invest âŹ35m (ÂŁ30.3m) in the region. The Mannheim-headquartered group, which specialises in AI solutions for sustainable growth, said it will create more than 150 new high-skilled jobs in Britain as part of its âlong-term commitmentâ to the UK. The firm, valued ... Read more âș
0
Despite the barriers presented by Brexit, firms still identity Europe as a fruitful market for expansion, but the reams of red tape have motivated many startups to broaden their reach globally. This was a key topic of discussion for participants invited to the latest UKTN roundtable, hosted at Lloydsâ HQ in London. Great minds from ... Read more âș
0
This weekâs podcast guest is acclaimed British astronaut Tim Peake, who discusses his experience on his mission on the International Space Station and how modern space exploration is changing with the advent of private companies like SpaceX. A British European Space Agency astronaut, Peake flew to the International Space Station in 2015 and has spent ... Read more âș
0
The Alan Turing Institute, the UKâs national centre for AI and data science, must be âdismantled and rebuilt from the ground upâ, according to a new report. Think tank the Centre for British Progress has argued that if the institute is to play a âcredible roleâ in support of the UKâs AI, data and national ... Read more âș
0
Representatives of the British cryptoasset sector have urged Chancellor Rachel Reeves to not sell the UKâs Bitcoin holdings, calling for long-term support over an immediate windfall. Reeves is looking at the possibility of selling off at least ÂŁ5bn worth of Bitcoin, held by the Home Office after seizing the assets from criminals, according to reporting ... Read more âș
0
Korra Ventures, a London-based investment group targeting âunderrepresented foundersâ, has launched with the aim of deploying ÂŁ50m over the next decade. The group launched based on the theory that the next crop of ÂŁ100m+ businesses will be built by entrepreneurs outside of the mainstream, tackling sustainable development goals. Korra Ventures will therefore centre its focus ... Read more âș
0
Skaala Investments OĂ, a major shareholder of Wise owned and run by company co-founder Taavet Hinrikus is âdeeply troubledâ over the terms of an upcoming vote that will confirm the fintechâs plans to establish a dual listing in New York. Hinrikus, who served as chief executive of the company from its launch until 2017, later ... Read more âș
0
Sunsave, a London-based energy startup offering a solar subscription service, has bolstered its coffers with a ÂŁ113m round, split between an equity investment and debt facility. Founded in 2022, Sunsave aims to become an âall-in-one home energy platformâ that would include software, hardware and financing. The company was formed to address the market of UK ... Read more âș
2
The UK government has been urged to overhaul the startup accelerator industry by establishing clear standards and classifications for support schemes. In a new report from The Entrepreneurs Network, the group called for the requirement for programmes such as accelerators and incubators to have minimum standards and defined features, enforced by an accreditation scheme. Britain ... Read more âș
0
This weekâs UK tech funding deals include digital health platform Numan, AI hotel concierge developer Inntelo and more. UKTN tracked ÂŁ77.5m worth of UK tech investment this week (14 July to 18 July), a 142% week-on-week increase across seven funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Numan â ÂŁ45m Sector:Â Health ... Read more âș
0
Londonâs High Court of Justice will next week hear the legal challenge of the Wikimedia Foundation, the organisation that operates Wikipedia, against the UK governmentâs Online Safety Act. The case will take place on 22 and 23 July, following Wikimediaâs announcement that it was taking legal action against the government in May. The non-profit is ... Read more âș
0
Juha BerghĂ€ll is the co-founder and chief executive of ONEiO, a cloud-based integration operations platform that helps IT and technology service providers connect their systems and applications. In this weekâs Founder in Five Q&A, BerghĂ€ll discusses the value of learning and growing through observation and the problems that come from underestimating the scale of a challenge. ... Read more âș
0
UK fintech Paddle has secured $25m (ÂŁ18.6m) of funding from CIBC Innovation Banking to fuel its international expansion plans. The Merchant of Record services provider is preparing for a period of significant growth with a handful of executive hires made and upcoming plans to open an office in Austin, Texas. The new funding comes three ... Read more âș
0
Stark, a prominent Berlin-based defence tech startup, has announced it will open a major drone manufacturing facility in South West England. The new 40,000 sq ft factory, set to open in Swindon, Wiltshire, is expected to create over 100 high-skilled jobs in the area. It will mark the German startupâs first internationally based facility. âThe ... Read more âș
0
Consumers using buy now pay later (BNPL) services will benefit from key protection measures already in place for other types of lending under new proposals from the UK financial regulator. The proposals from the Financial Conduct Authority (FCA) include requiring BNPL providers to perform affordability checks before granting loans and to offer support to consumers ... Read more âș
0
The UKâs most powerful supercomputer, Bristol-based Isambard-AI, is now fully operational and launched. Isambard-AI, run by the University of Bristol, will give researchers in the UK access to much greater levels of computing power, a significant requirement for training complex generative AI models. With the new machine, applications ranging from more accurate cancer diagnostic research ... Read more âș
0
The UK and German have agreed to partner on a number of tech projects ranging from quantum computing to clean energy as part of Chancellor Friedrich Merzâs first official visit to London since taking office. As part of the agreement, a project has been launched to accelerate the development of clean energy battery technology, backed ... Read more âș
0
Two individuals have been arrested on suspicion of running illegal crypto ATMs and money laundering in joint operation by the Financial Conduct Authority (FCA) and Metropolitan Police. During the operation, four premises across southwest London were searched, during which seven illegal crypto ATMs were found and seized. âIf youâre operating a crypto ATM or exchange ... Read more âș
0
Most popular sources
ScienceDaily
|
0% |
Irish Tech News
|
0% |
ArcticStartup
|
0% |
ReadWrite
|
0% |
Mashable
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
13.05.2026 23:27
Last update: 23:20 EDT.
News rating updated: 06:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.