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Paul Maker @ UK Tech News · 03/06/2025 02:00 EDT

How to stop AI widening your employee skills gap

Monday morning, and your new colleague is clocking in. They’re keen, obedient, incredibly fast – and they don’t need a lunch break. It’s 2025 and AI tools have transformed the workplace. According to McKinsey’s latest Global Survey, 72% of organisations have adopted AI in at least one business function and 65% are using generative AI ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/05/2025 08:40 EDT

AI-powered safety platform Notify raises £1.5m

A tech platform designed to support workplace safety practices has raised £1.5m in a fresh funding round. Newcastle-based Notify, whose clients include McDonalds, Siemens and the NHS, said it will use the funding to further enhance its platform with the addition of new AI-powered features and to step up its sales and marketing activities. The ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/05/2025 07:05 EDT

Northumberland Council approves plans for £10bn data centre 

Plans have been approved for a new £10bn data centre in Northumberland as the UK ramps up is compute infrastructure.  Northumberland County Council approved the plans on Tuesday for the 540,000 sq metre site, which was submitted by QTS, a data centre company owned by investment group Blackstone.  The centre, which will be built in ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/05/2025 06:09 EDT

Former London-listed VC Eurovestech to trade shares in private platform 

Shares in Eurovestech, a London-based venture capital firm that delisted from AIM in 2012, have been admitted for trading on the unlisted investment platform JP Jenkins.  Eurovestech specialises in early-stage software investments in the UK and Europe. Its previous investments include scheduling solutions platform Magenta and vehicle planning SaaS business MaxOptra.  The firm floated on AIM ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/05/2025 05:29 EDT

CAB Payments brings in turnaround expert as new CFO in latest boardroom reshuffle

CAB Payments has brought in a turnaround expert as its new CFO in the firm’s latest boardroom reshuffle. 48-year-old James Hopkinson, who brings decades of experience in business transformation, joins from Metro Bank, where he helped to execute a turnaround plan for the struggling high street firm. The University of Bristol graduate previously worked at ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/05/2025 05:12 EDT

Netcall bolsters AI cloud offering as sales rise  

Netcall is looking to accelerate growth in its cloud offering as the AIM–listed tech firm reported a rise in customer demand.  The Bedford-based business posted a 25% increase in turnover for the latter six months of 2024 to £23m, as higher subscription rates led to stronger recurring revenues.   The firm said there was a ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/05/2025 04:33 EDT

Quantexa valuation jumps to $2.6bn after fresh funding round

Quantexa has seen its valuation jump to $2.6bn (£2bn) after the London AI firm completed its latest funding round. The Series F round, which was led by Teachers’ Venture Growth alongside BNY, AlbionVC, and HSBC among others, raised $175m to grow the business. Quantexa said it would use the cash to deepen its presence in ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/05/2025 01:36 EDT

Snyk founder Guy Podjarny steps down from board

The founder of Snyk has stepped down from the company’s board almost a decade after the cybersecurity firm first launched. Guy Podjarny, who set up the business in July 2015 and became its first CEO, transitioned to the role of company president in 2019 before taking a less active role on the firm’s board in ... Read more

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UK Tech News
David Delfassy @ UK Tech News · 03/05/2025 01:31 EDT

Why carbon capture is the UK’s next best technological and economic bet

The UK is world famous for its wet, windy weather. Flanked by the Atlantic Ocean and the blustery North Sea, with its long coastline and small landmass, fast-moving jet streams and low-pressure systems can quickly engulf much of the country. And while this does often mean that in the winter you’re far more likely to ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/04/2025 10:38 EDT

Mini jumps up to 8th most popular EV brand as Tesla sales recover in February

Mini has seen a surge in sales of electric vehicles, propelling the carmaker to become the eight most popular EV brand so far this year, fresh data has shown. The firm registered 2,484 new EVs in the first two months of 2025, a sixfold increase compared to the previous year, according to figures from New ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/04/2025 10:25 EDT

E-wallet card issuer PassEntry rakes in £5.2m ahead of international push 

PassEntry, a startup that issues Apple and Google Wallet digital passes for brands, has secured a £5.2m investment.  The company said it expected the new investment to help scale its customer base by 300%, with plans to expand into five additional international markets, notably in North America and Asia Pacific.  Founded in 2019, the Fulham-based ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/04/2025 09:00 EDT

Oxford University to roll out ChatGPT Edu in new partnership with OpenAI

The University of Oxford has been named in a new $50m partnership between OpenAI and 15 top universities to roll out AI tools and accelerate research breakthroughs. Under a five-year programme, students and faculty staff will gain access to research grant funding, enterprise-level security and AI tools to enhance teaching, learning and research. The initiative ... Read more

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UK Tech News
Konstantin Sidorov @ UK Tech News · 03/04/2025 06:17 EDT

Revolut’s rumoured $60bn valuation highlights hunger for secondary share sales

Revolut’s rumoured $60 billion valuation in a potential secondary share sale reveals both the extraordinary scale the UK venture capital industry has achieved and the profound liquidity challenge facing investors. While the fintech giant represents a British success story of global proportions, the speculation around this secondary offering exposes a fundamental tension in the ecosystem: ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/04/2025 05:42 EDT

Cloudsmith secures £18m in one of Northern Ireland’s biggest-ever fundraises 

IT firm Cloudsmith has closed one of Northern Irelands’s biggest-ever venture capital rounds, securing $23m (£18m) for its Series B.  The Belfast-based software supply chain company secured the funding from California’s TCV, which led the round that also saw backing from Insight Partners and existing investors.  The new investment represents the fourth-largest funding round for ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/04/2025 04:46 EDT

‘We need domestic production for security’: UK tech secretary urges chip independence 

The UK Technology Secretary Peter Kyle has called for support from central government for domestic chip production to ensure Britain’s “resilience and security”.  Speaking to UKTN, Kyle, who was visiting the semiconductor manufacturing hub of Newport, Wales, said the technology is “underpinning the growth of the economy” and the “transition of the government towards a ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/04/2025 04:36 EDT

Oxford Nanopore warns of ‘risks to US federal funding’ as shares slip

Shares in Oxford Nanopore sunk as much as 12% in early trade as the biotech business warned of the potential knock to sales of a cut in US federal funding. The London-listed firm, based in the Oxford Science Park, said there “remains material uncertainty and risk” to funding to the US National Institutes of Health ... Read more

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UK Tech News
UKTN @ UK Tech News · 03/04/2025 00:00 EDT

Podcast: Standardising AI – Susan Taylor Martin, CEO, BSI

This week’s podcast guest is Susan Taylor Martin, the CEO of the British Standards Institution, who discusses the need to offer businesses meaningful standards of how to use AI ahead of any binding legislation and the unenviable challenge of coordinating AI regulation across international borders and changing administrations.  The British Standards Institution (BSI) is a ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/03/2025 05:35 EDT

Crypto criminal handed four-year sentence in landmark judgement 

Crypto criminal Olumide Osunkoya has been sentenced to four years in prison in a landmark UK conviction for the illegal operation of cryptourrency ATMs.  The 46-year-old, who pleaded guilty last September in Southwark Crown Court, has been sentenced for operating crypto ATMs – physical kiosks used to buy and sell cryptoassets – at 28 different ... Read more

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UK Tech News
Simon Hunt @ UK Tech News · 03/03/2025 05:24 EDT

Argo Blockchain shares jump on $40m debt financing

Shares in Argo Blockchain jumped as much as 16% in early trade on Monday as the London-listed cryptocurrency miner said it had secured $40m in debt financing. The initial tranche of the Financing would be $15m with follow on tranches of up to $25m advanced over the next 18 months, the firm said. The proceeds ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/03/2025 04:56 EDT

Wayve drives ahead its ‘year of global expansion’ with Germany launch 

Autonomous driving software group Wayve is pushing ahead with what its CEO called a “year of global expansion” as it sets up shop in Germany.  Wayve, one of the UK’s largest AI companies with a valuation of $3bn, is launching an on-road testing and development hub in Stuttgart, securing a base in one of the ... Read more

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22.12.2025 08:57
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