Decentralized AI Startups Experience Surge in Funding, Reaching $436 Million in 2024

As the demand for faster, more secure AI solutions intensifies, decentralized AI startups are becoming a major focus for investors, capturing a rapidly increasing share of venture capital. These startups, which leverage blockchain and cryptography to distribute AI workloads across a decentralized network of computing resources, have seen an impressive surge in funding. According to […]

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Five ways you might already encounter AI in cities (and not realise it)

Gorodenkoff/Shutterstock You’d probably notice if the car that cut you off or pulled up beside you at a light didn’t have a driver. In the UK, self-driving cars are still required by law to have a safety driver at the wheel, so it is difficult to notice them. But car companies have been testing automated […]

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AI that mimics human problem solving is a big advance – but comes with new risks and problems

Anggalih Prasetya / Shutterstock OpenAI recently unveiled its latest artificial intelligence (AI) models, o1-preview and o1-mini (also referred to as “Strawberry”), claiming a significant leap in the reasoning capabilities of large language models (the technology behind Strawberry and OpenAI’s ChatGPT). While the release of Strawberry generated excitement, it also raised critical questions about its novelty, […]

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Health tech firms set for innovation support – UKRI

A new business support centre is up and running thanks to the Liverpool City Region Combined Authority. The Health Tech Business Incubation Centre (Health BIC) will be based at the Science and Technology Facilities Council (STFC) Daresbury Laboratory thanks to £1.8 million of investment from the Combined Authority’s Innovation Zone Programme. Positive boost for health […]

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Governments Urge EU Commission to Strengthen Cybersecurity Agency ENISA

National governments across the European Union have called on the European Commission to enhance the capacity and mandate of the EU’s cybersecurity agency, ENISA, as part of ongoing efforts to bolster Europe’s cybersecurity resilience. The request comes as the European Commission prepares to review the EU’s Cybersecurity Act (CSA), a key regulatory framework that entered […]

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Why some countries are more likely to believe nuclear war won’t happen to them

The war in Ukraine has just edged up another notch. It has not been going well for Ukraine in recent months, and this week Joe Biden’s administration made the decision to allow Ukraine to fire US-supplied army tactical missile systems (Atacms) long-range missiles deep into Russia for the first time. The US policy reversal also […]

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First results from WEAVE reveal galaxy smashed up at 2m mph – UKRI

Results from WEAVE reveal the previously unknown dual nature of the shock generated by the galaxy NGC 7318b as it slammed into Stephan’s Quintet at over 2 million miles per hour (mph). Led by the University of Hertfordshire, the team combined WEAVE data with observations from other powerful instruments including the Low Frequency Array (LOFAR), […]

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AI Investment Soars: Business Spending on Generative AI Surges 500%, Reaching $13.8 Billion in 2024

In a major signal of AI’s accelerating adoption across industries, business spending on generative AI has surged a staggering 500% this year, climbing from $2.3 billion in 2023 to an impressive $13.8 billion in 2024, according to new data from Menlo Ventures. The explosive growth in AI investment reflects a broader trend of increasing reliance […]

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Navigating the Future of Work: Ensuring a Just Transition for Port Workers in the Age of Automation

Port workers play an indispensable role in global trade, handling approximately 90% of the world’s goods. As automation technologies advance, many are raising concerns about the potential for job losses and the future of these essential workers. In light of this, Allyson Browne, CEO of the High Ambition Climate Collective, calls for a thoughtful approach […]

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Australian HMC Capital Set to Launch Landmark £2bn Data Centre IPO on ASX, Eyeing Global Growth

HMC Capital, an Australian alternative asset manager, is preparing to unveil a significant initial public offering (IPO) for its data centre business, DigiCo Real Estate Investment Trust (REIT), with a valuation of £2.05 billion ($2.6 billion). This upcoming listing on the Australian Stock Exchange (ASX) will be the largest Australian IPO since 2021, marking a […]

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