If you are generally interested in technology, and are not aware by now of the meeting that took place yesterday between Rishi Sunak and Elon Musk during the UK’s AI Security Summit at Bletchley Park, you have probably been living under a rock. As others have already commented, the session more resembled a fan meeting, […]
Musk on how to turn the UK into a ‘unicorn breeding ground’ Leer más »
The UK today said it had selected Edinburgh to host its first exascale next-gen supercomputer, which will be 50 times faster than its current highest capacity system. The University of Edinburgh will house the country’s new exascale computing facility, which the government says will “safely harness its potential to improve lives across the country.” It
UK’s first exascale supercomputer project goes to Edinburgh Leer más »
While on a tour to woo UK lawmakers ahead of the adoption of the Digital Markets, Competition and Consumers Bill, Daniel Ek has taken a swing at big tech’s dominance. The Spotify CEO urged the UK to “show leadership” as it prepared to regulate big tech according to its own agenda outside of the EU.
Spotify ‘unfairly held back’ by Google and Apple, CEO says Leer más »
And thus, after months of anticipation and speculation, the day of Arm’s IPO is upon us. The SoftBank-owned chip design company will begin trading in New York today, Thursday, with shares priced at $51 (€47.51) apiece. This gives Arm a valuation of $52.3bn (€48.7bn). Japanese SoftBank intends to hold onto just above 90% of the
UK chip designer Arm valued at $50B ahead of today’s IPO Leer más »
Today, the Saïd Business School at the University of Oxford, along with early-stage VC OpenOcean, released what they call “the world’s most accurate open access startup insights platform” — the O3. The platform is the result of three years of research from Oxford Saïd and 13 years of experience of data economy investing from OpenOcean.
‘World’s most accurate’ startup data platform to identify gaps in AI ecosystem Leer más »
In an intensifying global battle for semiconductor self-sufficiency, the UK will reportedly spend £100mn of taxpayer money to buy AI chip technology from AMD, Intel, and Nvidia. The initiative is part of the UK’s intention to build a national AI resource, but critics say it is too little, too late. As reported by The Guardian,
UK commits £100M to secure AI chip components Leer más »
Quantum computing holds a lot of promise. The question is when the hyped and indeed potentially revolutionising technology will begin to deliver on it. According to UK quantum startup Phasecraft, it’s not that far off. The secret? Algorithms that can work on today’s “imperfect” quantum computers, without having to wait for the very tricky hardware
UK algorithm startup closes in on quantum advantage Leer más »
On Wednesday, US President Joe Biden unveiled an executive order banning new investments in certain tech sectors in China, citing security risks. The order is set to come into effect next year, and the US will be waiting to see if its closest ally will follow suit. However, for now, the UK says it will
UK may emulate US ban on China tech investments Leer más »
London-based startup accelerator Founders Factory has gained a new partner in the form of Mediobanca. The Milan-based investment bank is looking to increase its presence in the UK, and has pledged €12mn to the joint venture. Specifically, Mediobanca will be looking to back as many as 35 fintech startups that focus on technologies such as
Italy’s largest investment bank pledges to back UK fintech startups Leer más »
Hydrogen-powered planes are, essentially, nothing new. The USSR flew the alternative fuel testbed Tupolev Tu-155 on hydrogen (and liquid natural gas) more than 35 years ago. However, challenges associated with the technology meant that it was basically moth-balled for commercial aircraft operations (rocket fuel is another matter) — until now. With the future of the
Meet Europe’s hydrogen trailblazers on a quest for zero-emission air travel Leer más »
UK Finance, which represents more than 300 companies, has written to the chancellor, Jeremy Hunt, requesting that ministers make tech companies take responsibility for payment fraud on their platforms. Specifically, the lobby group is pointing the finger at Meta, which it claims is connected to over 60% of all push payment fraud. An Authorised Push
Meta platforms top the list of UK payment scams, finance group claims Leer más »
Story by Martin SFP Bryant Founder Martin SFP Bryant is the founder of UK startup newsletter PreSeed Now and technology and media consultancy Big Revolution. He was previously (show all) Martin SFP Bryant is the founder of UK startup newsletter PreSeed Now and technology and media consultancy Big Revolution. He was previously Editor-in-Chief at TNW.
Defying gravity: This UK-based startup is unlocking the potential of the space economy Leer más »
