Tech
Competition to give AI SMEs access to £7m funding pot
The government has launched two AI innovation competitions, offering UK SMEs the chance to draw funding from a £7m pot. Announced on Friday, the competitio
Darktrace agrees takeover by US private equity firm Thoma Bravo
London-listed cybersecurity giant Darktrace has agreed a deal to be acquired by US private equity firm Thoma Bravo at a valuation of $5.3bn (£4.2bn). The 6
Veristyle founder: Hire a social media strategist to outsmart the…
Ria Chakrabarti is the founder and CEO of Veristyle, a consumer app that uses AI to help young women discover the clothes that match their body type. Users uplo
UK tech funding roundup: This week’s deals from CN Bio…
This week’s UK tech funding deals include drug discovery company CN Bio, AI forest mapping platform Treefera, generative AI insurtech assistant Peppercorn
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion…
LONDON — British cybersecurity firm Darktrace on Friday announced it had agreed a sale to U.S. private equity giant Thoma Bravo, for an all-c
Deadline to apply for startup chip funding on the horizon
The tech minister is urging semiconductor leaders to apply for funding through the soon-to-expire Chips Joint Undertaking. UK semiconductor companies and re
West Midlands tech ecosystem gets £1m boost
The West Midlands tech ecosystem is set to benefit from a £1m investment across sectors including AI, green tech and digital skills. The funding will be de
Bitdefender launches venture unit to back cyber startups – UKTN
Romania-headquartered cybersecurity company Bitdefender is launching a venture division to invest in early-stage cyber and AI startups. Bitdefender Voyager
British Patient Capital commits £40.6m to cybersecurity fund – UKTN
British Patient Capital, a venture capital investment subsidiary of the UK government-owned British Business Bank, has committed £40.6m to a new cybersecur
Microsoft’s and Amazon’s AI partnerships draw UK watchdog scrutiny
Britain's competition watchdog said on Wednesday it was seeking comments on the AI partnerships between Microsoft and Mistral AI, as well as between Amazon and
Next London mayor given 8 policy ideas to keep city’s…
The next mayor of London should prioritise digital skills, increasing the attractiveness of public listings and improving industry diversity to boost the ci
Construction technology strategy is key to making the UK a…
If the UK wants to be serious about becoming a global tech powerhouse, it must place a construction technology strategy at the heart of innovation eff
