London-based legal tech startup Lawhive has successfully raised $40 million in its Series A funding round, marking a significant milestone in an already record-setting year for venture capital in the legal technology sector. The round, led by GV and TQ Ventures, follows a £9.5 million seed funding round completed just seven months ago, which was […]
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Tada Images / Shutterstock Businesses are already being radically transformed by artificial intelligence (AI). Tools now exist that offer instantaneous, high-quality results in improving certain operations without the burden of high costs or delays. In fact, generative AI could completely upend the traditional ways that we measure success in business. Generative AI refers to programs […]
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'Who are you calling fake?' Stokkete I have a vivid memory of the moment I realised Santa didn’t exist. I was around six years old, it was the height of summer, and I was sitting on the step outside our back door, thinking about God. The existence of God, back then, was something that annoyed […]
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STFC, part of UK Research and Innovation, has scooped the prestigious 2024 Sir Arthur Clarke Awards, winning the industry-team project category for outstanding support for space tech start-ups. This year’s award celebrates the achievements of the STFC Innovation Clusters team and the European Space Agency Business Incubation Centre UK (ESA BIC UK) team. Empowering space […]
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Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly on the brink of finalizing an agreement to manufacture Nvidia’s cutting-edge AI chips in the United States, with production expected to begin in 2025. According to sources familiar with the matter, TSMC would produce Nvidia’s Blackwell chips at a newly established factory in Arizona, marking a significant step […]
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Intel has appointed two prominent figures from the semiconductor industry, Eric Meurice and Steve Sanghi, to its board of directors, following the unexpected departure of CEO Pat Gelsinger earlier this week. The move underscores Intel’s strategic shift as it seeks to navigate ongoing challenges in the highly competitive semiconductor sector. Meurice, who served as president […]
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Microsoft is facing a major legal challenge in the UK, with a £1 billion ($1.2 billion) lawsuit accusing the tech giant of using its dominant market position to overcharge small businesses. The lawsuit, filed by Dr. Maria Luisa Stasi, Head of Law and Policy for ARTICLE 19, claims that Microsoft imposed higher fees on UK […]
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Nebius, an Amsterdam-based AI infrastructure company, has raised £550 million ($700 million) in private investment to accelerate its growth and expansion. The funding comes from high-profile investors including NVIDIA, Accel, and Orbis, and is valued at £16.50 ($21) per Class A share in the sale. This strategic investment will help Nebius enhance its technological capabilities […]
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The UK Ministry of Defence (MoD) has suffered a significant data breach, with hackers believed to be linked to Russian cyber groups stealing personal information from nearly 600 personnel. The breach, which exposed sensitive data such as passwords, email addresses, and login credentials, occurred over the past several years, since 2020. The compromised data was […]
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OpenAI, the artificial intelligence (AI) pioneer behind ChatGPT, has set an ambitious goal to reach 1 billion users by 2025. Currently, the company boasts 250 million weekly active users, reflecting the growing demand for AI-driven solutions. OpenAI’s growth strategy hinges on expanding its user base through strategic partnerships, innovative product offerings, and significant infrastructure investments. […]
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