ThreatSpike appoints former Darktrace global head of sales as investor and advisor
London-headquartered cybersecurity company ThreatSpike has appointed Katie Newton, formerly the global head of sales at Cambridge-based Darktrace, as an investor and advisor. Newton joins the company following a £10.4 million Series A funding round and will work with ThreatSpike’s go-to-market teams to accelerate the startup’s global expansion. Newton has ten years of leadership experience, including […]
Self-driving AI startup Wayve doubles headcount amid massive boosts and tests globally
Wayve, the London-headquartered AI self-driving startup, has seen its workforce more than double in the past 12 months, growing to approximately 650 employees. This significant increase in headcount comes as the company expands its operations into new international markets. While some European tech firms are curbing hiring due to surging AI demands, Wayve is actively […]
UK’s most powerful AI supercomputer launched by the University of Bristol
The University of Bristol has officially launched what it boasts as the UK’s most powerful artificial intelligence (AI) supercomputer, Isambard-AI. This £225 million facility, a collaboration with Hewlett Packard Enterprise (HPE) and Nvidia, is capable of processing data at a speed that would take the entire global population 80 years to achieve in just one […]
Meta unveils £12m Cambridge audio lab for AI glasses push
Meta, the owner of Facebook and Instagram, has officially opened a £12 million audio research lab in Cambridge, marking a significant step in the tech giant’s ambitious push into AI glasses. Bosses from Meta met with Chancellor Rachel Reeves to launch the new facility. The opening comes amid reports that the Silicon Valley company has […]
Cambridge Enterprise opens first London office, in King’s Cross
Cambridge Enterprise, the tech transfer office for the University of Cambridge, is set to open its first-ever London office, in King’s Cross. The move is a strategic bid to strengthen collaborations and expand its influence among global investors and innovators, with the King’s Cross location prime, placing Cambridge Enterprise right next to the European headquarters […]
Govt pledge of £23m for telecoms research to boost AI and cloud connectivity
The UK Government has announced a £23 million investment in telecoms research and development, aimed at strengthening connectivity across key industries including meeting growing AI and cloud computing demands. The funding, part of Secretary of State for Science, Innovation and Technology Peter Kyle’s plans to accelerate the implementation of next-generation telecoms technologies, will be confirmed […]
Luminance secures £60M funding to fuel global expansion
London-based legal AI company Luminance has raised £60 million in a Series C funding round to expand its operations across the USA, Europe, and the Asia-Pacific region. This investment brings the total raised by the company in the past year alone to over £90 million. Developed by AI experts from the University of Cambridge, Luminance […]
Broadband speeds 20x faster than current UK services achieved in field test
London telecoms firm Openreach and Nokia, which has UK offices in Bristol, Reading and Cambridge, have announced a successful field test of new technology capable of delivering broadband speeds 20 times faster than the quickest services currently available in the UK. The trial, conducted at a residential property in Ipswich, saw the new technology achieve […]
Leading tech figure appointed Chair of Cambridgeshire Chambers of Commerce
Cambridgeshire Chambers of Commerce has appointed Faye Holland as its new Chair. Ms. Holland, who boasts a 30-year career in the technology sector, has regularly featured in Computer Weekly’s esteemed list of the ‘UK’s Most Influential Women in Tech’ and was nationally recognised last year as one of the ‘InspiringFifty’ women in tech at a […]
Apple pledges £18bn investment in UK engineering teams
Apple has announced an investment of over £18 billion in the United Kingdom over the past five years, which saw the tech giant double its UK engineering workforce since 2019. Apple’s UK engineering teams, located in London, Cambridge and other regions, are spearheading the development of technologies such as the upcoming launch of Apple Intelligence […]