Arāya Ventures, a London-based venture capital firm announced on Monday the completion of the second close of its Arāya Super Angel Fund at £18.2 million, with a £5…
Britain’s Information Commissioner’s Office (ICO) has launched a formal investigation into TikTok, Reddit, and Imgur over their handling of children’s personal data. The probe seeks to determine whether…
OpenAI, the pioneering artificial intelligence research organization, has launched GPT-4.5, codenamed Orion, as its most advanced large language model to date. Available initially to ChatGPT Pro subscribers and…
Lenovo has secured a major legal victory in the UK Court of Appeal, overturning a lower court’s decision to deny an interim license for Ericsson’s 5G patents. The…
US fintech giant Stripe has solidified its position as one of the most valuable private companies globally, announcing a $91.5 billion valuation following a tender offer to provide…
Napo, a London-based insurtech startup founded in 2021 by Jean-Philippe Doumeng and Ludovic Lacay, has secured £12 million in a Series B funding round led by Mercia Ventures.…
The U.S. government has opened an inquiry into whether the United Kingdom breached a bilateral data-sharing agreement by demanding Apple Inc. create a “backdoor” to access encrypted iCloud…
Amazon Web Services (AWS) today announced the development of Ocelot, a quantum computing chip designed to reduce the resources required for error correction by up to 90%, marking…
Canada’s telecommunications regulator announced Wednesday it will levy a fee on Google to cover the costs of enforcing a landmark law requiring tech giants to compensate news publishers.…
Alibaba Group, the Chinese tech powerhouse, made waves this week by announcing that it is open-sourcing its advanced text-to-video AI model, “Wan 2.1.” The move positions Alibaba as…
Ignota Labs, a biotechnology startup leveraging artificial intelligence (AI) to revive promising yet abandoned drug candidates, has raised $6.9 million (GBP 5.5 million) in seed funding. The round,…
Oxfordshire-based space tech startup Magdrive has raised £8.3 million ($10.5 million) in seed funding to advance its spacecraft propulsion systems, aiming to capitalize on the booming commercial space…
Anthropic, a leading artificial intelligence firm founded by former OpenAI executives, is poised to finalize a $3.5 billion funding round valuing the company at $61.5 billion, according to…
