The U.K. government has opened a consultation to explore ways to protect the rights of artists, writers, and composers when creative content is used to train AI models. The goal is to give creators control over their copyrighted material while fostering technological innovation. A proposal has been put forward to mandate transparency from AI developers,...
Category: Tech
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Netcompany invests to support Ahead Partnership with inclusion in tech
Netcompany UK has pledged support for digital skills inclusion and gender inclusivity initiatives. The programmes provided by Ahead Partnership are set to reach thousands of young people across the country. Ahead Partnership is a purpose-led organisation that drives inclusive growth, bringing together public and private sector partners through the design and delivery of bespoke skills and employment programmes...
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Volume secures £4.7 million Seed Investment led by United Ventures
Having found product-market fit, payments fintech Volume will use the seed round to reshape how businesses and consumers pay and get paid globally Companies using traditional payment providers like PayPal, Apple Pay, and Stripe face transaction fees of 2% to 8%, often passed on to end users, costing businesses $135 billion annually Volume leverages...
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IDOX And 2 Promising UK Tech Stocks With High Growth Potential
The United Kingdom’s stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices slipping due to weak trade data from China, highlighting concerns about global economic recovery and its impact on commodity-dependent sectors. In such a fluctuating environment, identifying high-growth tech stocks like IDOX and others can offer potential opportunities for...
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Which AI Skills Does Your Business Need? | Silicon UK Tech News
Artificial intelligence (AI) is no longer a futuristic concept; it’s an essential tool for businesses striving to remain competitive in a rapidly evolving world. But as organisations integrate AI into their operations, a critical challenge emerges: determining which skills are necessary to fully harness its potential. From technical expertise to ethical considerations, the answer lies...
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Apple announces £18 billion investment in UK, reveals British engineering teams have doubled in size
Apple — the most valuable company on the planet, worth in excess $3.7 trillion — has announced an investment of more than £18 billion in the United Kingdom over the past five years. The Californian company confirmed that its UK engineering teams have doubled in size since 2019, reflecting its growing presence in the country...
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British Army successfully tests new drone-destroying laser
A high-energy laser weapon has been fired by the British Army from an armoured vehicle for the first time and successfully destroyed flying drones. It works by directing an intense beam of infra-red light in the form of energy towards its target using advanced sensors and tracking systems which maintain lock-on and accuracy in real time. Unlike...
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Google reveals 2024’s most searched-for topics and questions in the UK
Google has revealed the UK’s most searched topics in 2024. After Oasis announced they were reuniting for a UK tour back in August, they instantly became the most searched musicians of the year, with ‘how to get Oasis tickets’ the second top trending ‘how to’ question of the year. Loads of us also asked when...
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UK & Switzerland deepen science ties with £16 million backing
UK and Switzerland update science and research partnership to focus on some of today’s most pressing challenges, from healthcare to green energy £16 million joint funding includes backing to support UK-Swiss clinical trials that could help unlock new treatments and diagnoses for a range of diseases Funding also supports UK-Swiss work on novel joint replacements...
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UK tech funding roundup: This week’s deals from Zopa to Lawhive – UKTN
It’s been a big funding week for London tech firms. This week’s deals include digital bank Zopa, Legal AI tool Lawhive, crypto firm Argo Blockchain and more. UKTN tracked £147.7m worth of UK tech investment this week (2 December to 6 December), a quadrupling of funds raised on last week, across five rounds. Here’s your weekly...
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UK Cyber Risks Are ‘Widely Underestimated,’ Warns Security Chief
In his first speech on Tuesday, the new head of the U.K.’s National Cyber Security Centre warned that the country’s cyber risks are “widely underestimated.” Richard Horne, who took the position in October, says that hostile activity has “increased in frequency, sophistication and intensity,” largely from foreign actors in Russia and China. He highlighted the...
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Morgan Stanley-backed payments firm Sokin expands to EU via acquisition
Sokin, a British payments firm backed by Morgan Stanley and former footballer Rio Ferdinand, will expand into the European Union (EU) through the acquisition of Norwegian fintech Settle. The acquisition of Settle will give Sokin access to its European EMI licence – regulatory approval to provide payment services in Europe. Settle, which launched in Oslo...