ReturnBear’s network gives brands access to package free, label free, instant refund locations (backed by human return verification to protect retailers from returns fraud). Starting with ten locations in Canada in 2022, it has expanded to offer brands access to 1,000+ Canadian locations, with two processing hubs in Canada and the United States, respectively. Its...
Category: Tech
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Quantum Technology Could Open The Way to Economic Advantage For The UK, Academy Reports
At a minimum, the review recommends that the UK upgrades and improves access for industry to existing infrastructure as many of the current facilities are based in universities. This requirement is particularly relevant across a range of technology development stages that underpin most quantum technologies: design; nanofabrication prototyping; packaging, advanced packaging, and heterogeneous integration. In...
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Intelligent Machines: AI and Manufacturing | Silicon UK Tech News
Integrating AI in manufacturing is an incremental improvement and a revolutionary shift. Traditional manufacturing relied heavily on manual labour and mechanical processes, which, although practical, were often limited by human error and inefficiencies. Today, AI-powered machines can perform complex tasks with a level of precision and speed unattainable by human workers. However, manufacturers’ adoption...
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Luffy AI secures Series A investment from Momenta
Momenta leads Investment in Luffy AI, Adaptive AI for Industrial Optimization ZURICH and CAMBRIDGE, United Kingdom, June 3, 2024 – Momenta, the leading Industrial Impact® venture capital firm, has announced its latest investment in Luffy AI, a Cambridge, UK-based leader in adaptive AI for industrial control. This strategic funding aims to advance industrial processes and enhance operational outcomes. Luffy’s Adaptive Intelligence...
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Would face scanning technology keep Australian kids off social media? The UK regulator doubts it
The face scanning technology used to verify people’s ages online is fallible on young teenagers, the boss of the UK’s online safety regulator has warned, throwing doubt on a key method Australia’s opposition believes can stop children from accessing social media. Peter Dutton, the opposition leader, has said he would seek to force social media...
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Century-Tech (CENTURY Tech) secures Series A investment from Hambro Perks
London, 8 February 2024 – Hambro Perks today announces its tenth investment from its Growth Debt Fund, providing funding to Century-Tech Limited (“CENTURY”), a leading AI Edtech platform for schools, colleges and universities. CENTURY was founded by Priya Lakhani OBE in 2013 and is headquartered in London (with close to 100 employees). The company has developed...
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AccessPay secures £18.9 million investment Led by True Ventures
Manchester-based bank integration solution AccessPay will use investment to further propel momentum and expansion Manchester, UK – 21 March 2024 – AccessPay, the leading bank integration provider, today announced that it has closed its strategic funding round at $24 million with a combination of equity and debt. The round was led by True Ventures,...
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Travel chaos at UK airport amid confusion over 100ml liquid rules
New 3D scanners could spell the end of frustrating liquid limits at airports but there have been major delays in installing the new tech in the UK. ADVERTISEMENT The UK’s Birmingham Airport saw major delays this weekend amid confusion over new rules about liquids in hand luggage. Photos on social media showed queues that stretched...
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Ayora Technologies (t/a ayora) secures £1.27 million Pre-Seed investment led by J12
ayora has built a first of its kind solution transforming revenue management for professional services by leveraging the power of AI to help busy professionals avoid significant revenue leakage. The $1.6m round was led by specialist data and AI fund J12, with participation from Twin Path Ventures and a group of high-profile angel investors with...
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Most news consumers suspicious of AI in journalism, survey shows
News consumers most opposed to use of AI for sensitive topics such as politics, report finds. Most news consumers in the United States and the United Kingdom would be uncomfortable with journalism produced mainly by artificial intelligence (AI), a survey has found. Only 23 percent of respondents in the US and 10 percent in the...
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Make tech creative, not destructive: PM Modi at G7 Summit
The global community must ensure the benefits of technology reach all sections of society in order to eliminate inequalities and lay the foundation of an inclusive society, Prime Minister Narendra Modi said on Friday as he met a galaxy of world leaders on the sidelines of the G7 summit in Italy. Prime Minister Narendra Modi...
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AI candidate running for Parliament in the U.K. says AI can humanize politics
An artificial intelligence candidate is on the ballot for the United Kingdom’s general election next month. “AI Steve,” represented by Sussex businessman Steve Endacott, will appear on the ballot alongside non-AI candidates running to represent constituents in the Brighton Pavilion area of Brighton and Hove, a city on England’s southern coast. “AI Steve is the...