Facebook is reportedly developing custom server chips

Elijah Nouvelage / reuters Add Facebook to the list of companies that could be trying to reduce its dependence on Intel and Qualcomm. According to The Information, the social media giant is developing a suite of custom chips for ...

Adobe adds AI-powered masking tools to Lightroom

Adobe has some new masking upgrades that are coming to , and Adobe Camera Raw (or ACR, Photoshop’s raw photo processing tool). The company calls it the “biggest change to providing control over selectively enhancing photos” since it released ...

Israel reportedly used a remote-controlled gun to assassinate an Iranian scientist

Majid Asgaripour/WANA (West Asia News Agency) via Reuters Countries have assassinated people with drones, but those attacks now appear to include robotic weapons on the ground. The New York Times sources claim Israel assassinated top Iranian nuclear scientist Mohsen ...

Apple Watch now syncs with Tempo's AI-powered home gym

Tempo Tempo has rolled out Apple Watch integration for its AI-powered home gym, giving users an easy way to track their heart rate during workouts without the need for a dedicated HR monitor. Upon syncing the wearable, users can ...

Google Meet will automatically adjust webcam brightness in your browser

Google will soon make it easier for you to see all of your co-workers or friends properly on video calls. The web version of the app can detect when someone is underexposed due to bad lighting. Meet will then ...

Google brings Smart Replies to comments in Docs

Tom Werner via Getty Images is bringing its handy Smart Replies to Google Docs comments . You’ll see suggested responses just underneath the reply box in comment threads. You can still type your own comments or edit a suggested ...

A Chinese EV startup wants to build a ridable robot unicorn for kids

Xpeng Robotics Never mind buying a robot dog for your kids — you might just get them a mythical creature instead. Chinese EV maker Xpeng has teased a robot unicorn meant for children to ride. As SCMP notes, the ...

Cambridge-based AI startup techspert.io secures $12M funding to expand into new verticals

There is a huge volume of online data, information and misinformation and it is growing exponentially at a great speed as the markets evolve consistently. Eventually, it becomes highly challenging and vital for businesses to get rapid insights that ...

Scottish vehicle rental platform Coastr picks up £1.4M funding; eyes to launch more products in 2022

Coastr’s is an Edinburgh-based all-in-one vehicle rental management platform, which enables independent vehicle rental businesses to become fully digitised. Today, the startup picked up £1.4 million funding from a London investor GroVentive. Ambitious plans for 2022 The proceeds from ...

2021: UK-based innovative tech startups fixing climate change

The UK is leading globally in climate tech with an increase of over 60 percent in the number of UK climate tech companies since last year. It is reported that the UK is leading the way for climate tech ...

Unleash live raises $8M in Series A to scale AI apps for enterprise analytics

Unleash live is one of the world’s leading AI video analytics platforms. Now, it announced that it closed an $8 million (nearly £5.8 million) in a Series A funding round led by SafetyCulture. Notably, SafetyCulture is a global operations ...

Belfast-based CattleEye bags £1.8M for its autonomous livestock monitoring platform

Belfast-based CattleEye uses advanced AI in video analytics to deliver the world’s first hardware-independent autonomous livestock monitoring platform. Today, the company announced that it has picked up $2.5 million (nearly £1.8 million) in a seed funding round led by ...

These flourishing tech startups from Scotland are ready to own 2021

When it comes to UK’s tech sector, Scotland has strengthened as a leading technology sector destination. While there are many clusters of ambitious tech companies across Scotland, these are mostly found in four largest cities such as Edinburgh, Glasgow, ...

10 homegrown AI companies building foundations for future growth of UK economy

Artificial intelligence (AI) is transforming the way we live, work, travel, and do business. It touches all aspects of modern life, from finance, national security, health care, criminal justice, and of course driverless cars. The expertise of British AI ...

With UK expansion plans, AI computer vision startup Mobius Labs raises £4.5M funding

Berlin-based Mobius Labs is a next-generation AI-powered computer vision startup that disrupts how the world works with visual content. In a recent development, the startup secured €5.2 million (nearly £4.5 million) in a Series A funding round. UK expansion ...

London AI engineering software startup bags £8.5M to fuel international growth

London-based Artificial Intelligence Engineering (AIE) software platform, Monolith AI uses the latest techniques in machine learning to help significantly improve the product development process. Now, the company has picked up £8.5 million in a Series A funding round. Utilisation ...

un:hurd, a London-based AI powered digital platform secures £250K to help independent music artists and record labels

Independent artists struggle to breakthrough in an industry dominated by major record labels. However, Un:hurd, a London-based digital platform, is set to change this.  The company will level the playing field, giving independent artists the level of music and ...

London-based Semeris scoops £600K to speed up legal documentation

One of the biggest challenges for legal professionals is coping up with high volumes of routine and cumbersome legal work. Attempting to solve this problem is London-based legal AI startup, Semeris. Designed to help financial services companies review, analyse ...

This Scottish-government project is making world’s first robot coach to play squash

Hiring a coach can be an expensive affair, especially if you are looking to ace the sport. This is where robots can change the game, like literally. Pushing the boundaries open and making sports accessible to all, robotics can ...

Scottish startup develops AI test that detects Covid-19 through cough sound

Cloudsoft is an Edinburgh-based company that specialises in applications, automation and the cloud. Now, it has collaborated with the UK government to bring an innovative AI-based COVID-19 test. The Scottish company will also play a crucial role in helping ...

London-based Connectd completes $1M seed to develop matchmaking platform for founders

Connectd, a platform that brings together founders and potential investors to help maximise the chances of success without relying on connections, has announced the completion of a $1 million seed funding round.  The investment was led by Nigel Wray, ...

Elon Musk’s brain computer startup Neuralink scores $205M funding

Recently, Elon Musk’s Neuralink implanted a chip in a monkey’s brain enabling him to play video games using his mind. To reiterate, Neuralink is working on an ultra-high bandwidth brain-machine interface to connect humans and computers.  Now recently, Neuralink has raised ...

$6M Series A funding for blockchain startup that helps businesses improve their sustainability

We all know how big of an impact, companies can have on the world around us. ESG (Environmental, Social and Governance) reporting is a great way to assess this impact and traditionally, a few large organisations with budgets and ...

Skymind targets the UK with its $800M AI investment fund

Skymind, which bills itself as the world’s first dedicated AI ecosystem builder, is focusing on the UK with its $800 million AI investment fund. Although the fund is global, the restrictions of the Covid-19 pandemic meant that much of ...

London VC The Untitled Ventures raises €100M to invest in Eastern European tech startups

London-based early-growth VC, The Untitled Ventures has raised €100 million (around £85M) for their latest fund, which will focus on Eastern European breakthrough tech startups — especially those looking to relocate to Western Europe and the UK. The fund ...

London’s fraud prevention startup Quantexa rakes in $153M funding to fight financial crimes

In the new world of technology, financial crimes have become electronically sophisticated and hence, its detection has become even more difficult and cumbersome. This has led to the rise of startups that are taking on financial frauds with their ...

UK health startups that have joined the race to vaccinate the world against COVID-19

Covid-19 has been the harsh reality that brought the entire world to its knees last year and continues to do so until now. While scientists and big pharmaceutical companies work tirelessly to introduce a viable vaccine to counter the ...

Vaayu secures $1.6M in pre-seed funding to develop their world-saving product

Vaayu, a real-time carbon footprint tracker for retailers, has raised $1.6 million in pre-seed funding. The company plans to use the investment, which was led by Amsterdam-based female-led VC CapitalT, to support their expansion and product development ahead of ...

Diversifying tech: London-based Robin AI secures £1.75M funding to fuel AI-powered contracts

As technology evolves, it is aimed to be used for bettering our lives while making difficult tasks easier. Similarly, in the legal domain, there are multiple grinding or repetitive tasks that are time-consuming and take away from important matters. ...

UK biotech startup Kuano lands £1M for AI-driven drug discovery

With artificial intelligence (AI) geared up to transform the pharmaceutical industry, a growing number of biotech and pharma startups are harnessing cutting-edge AI technology for drug discovery and drug remodelling.  To shift the COVID-19 tide and get things back ...

How UK startups used their AI smarts to support govt fight COVID-19

For years, artificial intelligence (AI) has seemed to be the buzzword and yet there was something amiss. It had been on the cusp of becoming the next big thing in technology. However, reality never matched the hype. Until now. ...

British AI edtech startup, founded by female barrister-turned-entrepreneur, just raised $6.5M

Demand for cutting-edge education technology has soared during the pandemic while education has gone online. Among the companies that have mushroomed in this scenario is London-based AI edtech startup CENTURY Tech, which builds AI technologies to improve education and ...

Transparent AI stirs insurtech: Akur8 aims to grow in the UK with $30M funding

French insurtech Akur8 is revolutionising insurance pricing with transparent AI. In a recent development, the company secured $30 million (nearly £21.4 million) in a Series B funding round from BlackFin Capital Partners and MTech Capital. The investment round was ...

Tractable becomes UK’s first computer vision unicorn with £43M funding

Tractable is a London-based AI company that helps insurers with accident and disaster recovery. The company just announced a $60 million (nearly £43 million) in a Series D funding round led by Insight Partners and Georgian. UK’s first computer ...

AI enters debt collection: London startup Ophelos secures £1.6M funding

Personal debt has grown exponentially all over the world. Especially, in the UK, nearly 9 million people are over-indebted, which can create a debt spiral where households borrow more to service existing debt. The COVID-19 pandemic has taken this ...

Following London debut, enterprise-grade AI startup Cognify picks up £31M funding

German startup Cognigy which is a global leader in omnichannel Customer and Employee Service Automation with its Conversational AI platform Cognigy.AI has now pocketed $44 million (nearly £31 million) in Series B funding. The investment round was led by ...

Data acquisition and reporting startup from London bags £3.5M as growth funding

London-based Accelex is a data acquisition, analytics, and reporting solutions provider for alternative investors and asset servicers. In a recent development, the company secured $5 million (nearly £3.5 million) in seed funding. Global growth plans The investment round was ...

London AI startup Faculty picks £30M funding, eyes international expansion

Faculty, a leading AI startup from London, helps organisations that have the scale, data, and foresight to adopt AI into their business. Now, the company announced that it has raised £30 million in growth funding. International expansion of its ...

Orocco becomes first UK construction company to accept cryptocurrency as payment

Orocco, a Scottish construction firm has announced that it is accepting cryptocurrency as payment for projects as it continues to push industry boundaries. With this move, Edinburgh-based Orocco became the first building company in the UK to adopt such ...

YouTube co-founder backs £2.12M funding of next-gen knowledge hacking app from London

COVID-19 pandemic lockdowns forced people around the globe to stay at home. However, that didn’t stop us from learning and bettering ourselves. One of the options available for learning new things from anywhere is the next-generation learning app Uptime. ...