The head of safety at a top London AI firm has said generative AI businesses should not be left to solve ethical problems alone amid greater scrutiny of how platforms keep consumers safe. Aleksandra Pedraszewska, who joined audio generation business ElevenLabs in February, suggested that commercial motivations could obscure ethical decision-making by individual companies. She ... Read more ›
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A London-based generative AI startup backed by Octopus Ventures has been allowing users to create “potentially harmful” content without restrictions, UKTN can reveal, amid heightened scrutiny over the efficacy of guardrails used by AI firms to protect consumers. Tests conducted by UKTN show that Haiper AI, an image and video generation platform founded by ex-Google ... Read more ›
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The Buy Now, Pay Later (BNPL) sector has seen huge growth in the last decade. With what is thought to be a simple operating model and no hidden fees, services like Klarna and Monzo offer a clear alternative to traditional credit options and aregaining social acceptance and popularity. BNPL is also becoming interwoven in the ... Read more ›
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Two crypto fraudsters who illegally pulled in £1.5m have been convicted following prosecution from the UK’s financial watchdog in the latest effort of its crackdown on bad actors in the nascent digital assets market. Raymondip Bedi and Patrick Mavanga defrauded at least 65 investors between February 2017 and June 2019. The pair were part of ... Read more ›
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Shares in London-listed CAB Payments dropped around 20% at the opening of trading on Thursday, following US payments firm StoneX’s withdrawal of interest in acquiring the group. According to regulatory filings, StoneX, worth around $2.7bn, made multiple non-binding proposals to CAB to take over the business. The first proposal was made in July, when StoneX ... Read more ›
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What does a Trump win mean for American AI Policy? This is a question that I have been asked by policymakers time and time again over the past months. With the results of the election now clear, I thought it would be prudent to write up some of the main points. During Trump’s first term ... Read more ›
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Shares in Auto Trader slipped as much as 5% on Thursday despite a jump in turnover as the online car marketplace said vehicles had “sold faster than at any point in our recent history.” The Manchester-based business said the used car market was continuing to see hot demand despite an apparent slump in sales of ... Read more ›
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The UK tech sector is weighing the impact of a landslide Trump presidential victory at the end of one of the most dramatic election periods in US history. Crypto, blockchain and Web3 businesses have sounded a note of optimism about the future under a second Trump term, but others in the sector have expressed fear ... Read more ›
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Shares in Argo Blockchain have been among the biggest risers on the London stock market as crypto businesses rally on the back of an expected Trump presidential victory in the US. The firm’s shares soared as much as 17% to 11p in the first hour of trade in London in one of their largest single-day ... Read more ›
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Auto Trader has unveiled a new platform for retailers called Co-Driver, UKTN can exclusively reveal, as the online car seller turns to AI and machine learning to improve efficiency and drive growth. The firm will release the software in a multi-part rollout, aimed at slashing the time it takes to make detailed car and van ... Read more ›
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In a world where many of the most famous and wealthiest people in the world are tech founders, you would assume that society recognises entrepreneurship as one of the most valuable and important pursuits anyone can follow. However, when I left a successful career in banking to become the co-founder of a startup, that couldn’t ... Read more ›
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Shares in EnSilica sunk as much as 12% after markets opened on Tuesday as the British chipmaker warned on its survival without further funding. The Oxford-based business has said that it would not be able to continue trading for another twelve months unless it continued to receive funds from existing customers as well as seek ... Read more ›
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Not content to simply champion the artificial intelligence industry, the British government is entering the chatbot market with the launch of a business support AI assistant. Announced by the Department for Science, Innovation and Technology (DSIT), GOV.UK Chat has launched in a limited trial to be tested by up to 15,000 businesses. UKTN and other ... Read more ›
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This week’s podcast guest is Aron Gelbard, co-founder and CEO of Bloom and Wild. Gelbard discusses why flower delivery has been a surprisingly difficult practice to perfect, how the Covid-19 pandemic massively boosted his firm’s popularity and how he went from management consultancy to founding a startup. Bloom and Wild is an online flower delivery ... Read more ›
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A Silicon Valley-based property giant has announced a £500m investment into a British research campus, following the chancellor’s pledge to bring private investment into fast-growing UK businesses. Property developer Prologis, valued by Dealroom at $140.4bn, will fund a 115,000 sq ft expansion to the Cambridge Biomedical Campus. The development will bring new lab space, which ... Read more ›
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As the UK government holds firm on its commitment to supporting carbon capture and storage technology, it is presenting itself as an “ideal” location for climate tech startups. In last week’s Autumn budget, Chancellor Rachel Reeves confirmed the Treasury would be putting billions into green technologies, with a clear emphasis on hydrogen power and carbon ... Read more ›
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GitHub has seen its UK user base surge past 4 million in 2024 as the developer platform turns to a host of new AI tools to turbocharge its future growth. The Microsoft-owned business has seen a 19% jump in the number of UK developers on the platform, up from 3.4 million last year. Britain currently ... Read more ›
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This week’s UK tech funding deals include medical provider management platform Semble, cybersecurity consultancy CybaVerse, AI surgical operations startup Scalpel AI and more. UKTN tracked £26.5m worth of UK tech investment this week (28 October to 1 November), a 38% week-on-week decrease across four funding rounds. Here’s your weekly roundup of UK tech startup funding ... Read more ›
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As quantum technology rapidly develops, use cases are being tested to see how the novel research can make real impacts in society. One such use case could support the British Armed Forces, keen to gain any international advantage available from new technologies. The Royal Navy has tested ‘cold atom’ technology developed by Southampton quantum startup ... Read more ›
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Google has won a legal challenge that could have forced the tech giant to drop the branding of ‘shorts’ from its TikTok-inspired platform. Google, which owns YouTube, was brought to a UK court by London-based short film distributor Shorts, which argued that YouTube’s branding of its shorter-form video scrolling platform – also called Shorts – ... Read more ›
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11.03.2026 04:05
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