This weekâs podcast guest is Jonathan Berry, Viscount Camrose and former Conservative AI minister, who discusses how artificial intelligence policy has changed with the Labour government, why the work it must do is difficult but necessary and why clarity on AI regulation is vital for businesses. Berry is a hereditary peer in the House of ... Read more âș
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Kondor AI has struck a deal to acquire fellow Aquis constituent Ora Technology in an all-share offer as the firms look to consolidate their tech to capitalise on the growing AI agent market. The proposed offer would entitle Ora shareholders to 0.9848 consideration shares in per Ora share sold. The deal would value Oraâs shares ... Read more âș
0
Two of the UKâs biggest listed semiconductor firms saw their shares rise today after striking fresh multi-million pound deals. EnSilica shares rose the fastest, up as much as 5% in early London trade, as the Oxford-based business unveiled a multimillion-pound design and manufacturing services contract with what it described as âa well-funded pioneering optical computing ... Read more âș
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The London Stock Exchange is the ânatural destinationâ for an initial public offering (IPO) the CEO of ClearScore has said, as the company considers its options for a flotation. Speaking to The Times, Justin Basini said while recent history has shown a lack of âhomegrown growth equityâ in London compared with the US public markets ... Read more âș
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The activities of three Frenchmen caught my eye this week. The first was a French space scientist who suddenly found himself expelled from the US. The researcher, who has not been publicly identified, was denied entry at a US airport after immigration officials reportedly found messages critical of President Trump on his phone, a move ... Read more âș
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Paddle has been accused of violating consumer protection laws as the London fintech reported a jump in losses. The London fintech said it had received a draft civil complaint and proposed settlement offer from a government agency alleging violations of consumer protection laws in connection with its oversight of two third-party software suppliers from September ... Read more âș
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It seems a lifetime ago that a rapid grocery delivery startup could pull in staggering investments to secure a billion-pound valuation months after launch. As it turns out, it was less than five years ago â which is not unlike a lifetime in tech. The Covid-fuelled era of low interest rates and a sudden need ... Read more âș
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This weekâs UK tech funding deals include inflammatory disease treatment developer Maxion Therapeutics, surgical device firm Eventum Orthapaedics and more. UKTN tracked ÂŁ67m worth of UK tech investment this week (17 March to 21 March), a 9% week-on-week decrease across five funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Maxion Therapeutics ... Read more âș
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One of the UKâs biggest IT suppliers has said itâs in âactiveâ M&A discussions after posting a more than doubling of profits. Bellshill-based Kick ICT, which offers IT solutions and network infrastructure services, recently acquired Microsoft Dynamics specialist C2 Software for an undisclosed fee, representing the firmâs ninth acquisition in eight years. âM&A continues to ... Read more âș
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An investor specialising in early-stage medtech startups, has secured ÂŁ27m towards its targeted ÂŁ50m fund. All-female general partner-led THENA Capital will target British startups developing digital healthcare solutions and medical devices. âThe UK is a key player in the global medical landscape generating game changing innovations,â said THENA Capital co-founder and general partner Esther Reynal ... Read more âș
0
Green VC firm Elbow Beach has secured ÂŁ63m in the first close of its new ÂŁ80m climate impact fund. Elbow Beach aims to back up to 36 early-stage British startups via the fund over the next four years, with a focus on technology enabling industries to transition to cost-effective low carbon operations. The firm will ... Read more âș
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Britain once led the world in industry. We invented the steam engine, built the railway, and pioneered the assembly line â British innovations that shaped the modern world and helped us win the Second World War. But the Industrial Revolution wasnât just about machines. It transformed lives, creating jobs that powered Britainâs rise. And it ... Read more âș
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The founder of EDX Medical has become the lead investor as it raised ÂŁ3m to accelerate its work on diagnostic test. Professor Sir Chris Evans, who founded the Aquis-listed Medtech in 2021, has invested ÂŁ740k into the round to acquire 5.3m shares, bringing the 67-year-oldâs total stake in the company to 36.6%. Evans was joined ... Read more âș
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A fintech run by two east London gospel church preachers is to enter liquidation after racking up losses. Crosspay, which provided cross-border payment solutions for individuals and companies, has been instructed to be wound up by a court order, with Simons Muirhead Burton LLP appointed as liquidator. The court order followed a petition by creditor ... Read more âș
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The Bank of London has filed for a name change on Companies House as its accounts hurtle towards being six months overdue. The company, formally known as The Bank of London Group Holdings Limited, last week changed its name to Oplyse Holdings. The rationale behind the name change is not clear, though a search of ... Read more âș
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Qlarifi, a real time buy now pay later (BNPL) credit database startup has raised ÂŁ1.4m as strict regulation of the payment type approaches. The Treasury said last October that legislation to tighten the regulatory burden on the BNPL industry would be coming in âearly 2025â. And while there is currently no bill in place, extensive ... Read more âș
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The British government is injecting ÂŁ9m into a semiconductor R&D facility in Scotland to boost the UKâs production capacity of critical chips. The development site, to be hosted in Inchinnan by the National Manufacturing Institute Scotland (NMIS), will provide an advanced packaging scale-upline for power electronic semiconductors to support faster chip production. NMIS said the ... Read more âș
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Full-fibre broadband is set to reach âalmost allâ homes and businesses by the end of 2027, the UKâs media and telecoms regulator has said, as it prepared to enter the âfinal phaseâ of the rollout of fibre optic connections. The UK has seen one of the fastest rates of roll out of full-fibre broadband in ... Read more âș
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British companies have a decade to shore up their digital defences to make way for a new wave of quantum-powered cyber attacks, the UKâs cybersecurity agency has warned. The National Cyber Security Centre (NCSC) â part of GCHQ â issued guidance on Thursday for organisations to prepare for and protect against upcoming threats posed by ... Read more âș
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Data has become a staple of doing business in the UK and beyond. A recent adage has declared it the new oil, and itâs not hard to see why. Data intelligence has been informing business decisions for years now, but as advancements in AI technology go further and further, the way companies can analyse and ... Read more âș
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Labourâs AI minister has accused the former Conservative government of turning public opinion against artificial intelligence by focusing on âdoomsday scenariosâ. Speaking to UKTN, Feryal Clark â the DSIT minister responsible for AI and cybersecurity â said that by concentrating on the âscariest stuffâ in its communications regarding the technology, Rishi Sunakâs Conservative government took ... Read more âș
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Most popular sources
Business Insider
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33% 2 |
Vox
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11% 7 |
Gizmodo
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7% 4 |
Tom's Hardware
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7% 5 |
Financial Times
|
7% 6 |
| View sources » | |
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25.04.2025 23:36
Last update: 23:30 EDT.
News rating updated: 06:31.
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