The UK’s tech secretary is an avid user of ChatGPT, turning to the LLM for advice ranging from supporting businesses to which podcasts to appear on. Peter Kyle, head of Britain’s tech department, seems to have taken the prime minister’s calls for the public sector to embrace AI tools to heart. Kyle’s chatbot queries were ... Read more ›
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The boss of Shein has publicly confirmed plans for an initial public offering for the first time, but has yet to set out a timetable for a float. In an interview with the Financial Times, executive chairman Donald Tang did not offer a data or a prospective valuation for the e-commerce giant, but said “you’d ... Read more ›
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Atoa, a London-based fintech startup, has been approved as an Authorised Payment Institution by the Financial Conduct Authority (FCA), allowing it to take on the crowded open banking payments market. The startup was launched in 2022 by Sid Narayanan, a former banker at Standard Chartered turned tech entrepreneur who previously founded Singapore-based proptech firm Greyloft. ... Read more ›
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Zero Point Motion, a Bristolian sensor tech startup has emerged from stealth with £4m in pre-Series A funding. The company intends to scale up its team rapidly with the new funds as it attempts to build its positioning and navigation sensors for defence, space exploration and autonomous systems. Zero Point Motion’s sensor technology is based ... Read more ›
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A specialist doctor recently apologised for spending so much time typing up her appointments with my daughter, and the delay we’d see in the follow-up paperwork being sent through to us. She said she had so much admin to do and could only catch up in her own time, despite having her own family to ... Read more ›
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A Venture Capital Trust run by early-stage investor Fuel Ventures is now available through Hargreaves Lansdown’s online VCT investment service as it seeks to widen its appeal to a growing range of investors. The firm said the move will broaden access to exciting venture capital opportunities, supporting the growth of dynamic UK businesses and offering attractive ... Read more ›
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DeepSeek’s free-to-use open source AI models could be used by bad actors to generate dangerous malware whilst exhibiting lacklustre guardrails, new research has found. Governments and regulators have been warning of the possibility of LLMs like ChatGPT and Gemini being used to create dangerous code since the modern scale of generative AI was revealed to ... Read more ›
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For ambitious startups and small businesses, brand visibility is everything. A strong marketing strategy means you give your brand the best possible opportunity for ‘exponential growth’. That’s why the TV Star competition, hosted by All Response Media in partnership with us, Sky Media, Founders Factory, Transmission and Astus Group, is an opportunity no entrepreneur should ... Read more ›
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The government hopes to save as much as £45bn spent on public services through tech upskilling and the outsourcing civil service work to AI. In a speech made on Thursday, Prime Minister Kier Starmer said the state had grown larger but weaker and a digital transformation was required to “deliver for working people”. “If we ... Read more ›
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Shares in Deliveroo fell as much as 9% on Thursday despite the firm posting its first full year of profit. Deliveroo stock dipped to £1.14 as the London-based delivery app reported a swing from a £31.8m loss for the year ended December 2023 to a total profit of £2.9m at the end of last year. The ... Read more ›
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Trainline shares sunk as much as 15% in early London trade as the travel e-commerce firm warned it would have to compete with a new government superapp. The London-based business pointed to a clarification made by the government in its rail industry consultation published last month, in which it said it planned to combine the ... Read more ›
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While working in Singapore, I once openly challenged a fellow Western colleague during a business meeting. An hour later, we shared a friendly lunch as if nothing had happened. A Singaporean colleague was puzzled. “How can you two be so friendly after such a disagreement?” It highlighted an important cultural difference: Western management techniques like ... Read more ›
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Merx, the developer of a conversational AI tool for brand communications, has raised £1m as companies look to automation to meet customer demands. AI is increasingly being used in customer facing roles. From chatbots built into banking apps to AI-manned call centres to an automated hotel concierge, the allure of expanding customer support without scaling ... Read more ›
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Apple’s mobile browser is ‘holding back innovation’, the UK’s competition watchdog has warned in its latest Big Tech broadside. The Competition and Markets Authority (CMA) said the Californian firm’s Safari app determines what competing mobile browsers can do on iOS, the operating system of iPhones and iPads, limiting the extent to which competitors can differentiate ... Read more ›
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Spinout tech firms could see a funding boost as the investment arm insurance giant Aviva injects £15m into Oxford Science Enterprises. Oxford Science Enterprises, which invests in spinout companies via a partnership with the University of Oxford, will use the new capital to finance local startups as the government ramps up ambitions for growth in ... Read more ›
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The UK’s competition watchdog is to review its approach to merger decisions it responds to government pressure to be more pr-growth. The Competition and Markets Authority (CMA) said it will look at both process and how it can strike the right balance between different types of remedies, amid a wide-ranging call for evidence. Alongside this, ... Read more ›
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The UK payments regulator could be scrapped as the government doubles down on its commitment to slash red tape. City Minister Emma Reynolds said the government plans to bring the remit of the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA). Writing to Dame Meg Hillier, chair of the Treasury Committee, Reynolds said ... Read more ›
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The founding CEO of Immersive Labs is to step down after eight years at the helm of the cybersecurity firm. 44-year-old James Hadly, who founded the Bristol-based business in 2017, will retain his board seat as he transitions to the new role of Chief Innovation Officer. He will be replaced by Mark Schmitz, the former ... Read more ›
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Mimo, an SME financial management and payments platform, has raised $8.5m (£6.6m) less than year after closing a £15.5m seed round. The new funding will support the development of Mimo’s business-to-business payments solution as well as expand its headcount. “We’ve been continually learning from these conversations to iterate and improve the platform to help both ... Read more ›
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The majority of the UK does not trust AI to provide healthcare support, research has found, underscoring the challenge facing the government as it pushes for the sector to adopt automated solutions. Less than a third (29%) of people in Britain would trust AI to provide basic healthcare advice, and just 15% would feel comfortable ... Read more ›
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Most popular sources
Business Insider
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41% 10 |
Gizmodo
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19% 11 |
Eurogamer.net
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4% 2 |
The Verge
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4% 0 |
Tom's Hardware
|
4% 0 |
| View sources » | |
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11.04.2025 07:30
Last update: 07:25 EDT.
News rating updated: 14:21.
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