UKs
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‘We’re bringing in time efficiencies that weren’t there before’: How NetApp is transforming data analysis for UK’s ‘Poseidon’ surveillance aircraft
The waters off the northern coast of Britain are unforgiving and critical in equal measure, with the North Sea a region of huge importance to the UK’s national security. During the Cold War, the North Sea and the skies above were the frontline in the UK’s decades-long tussle with the Soviet Union. It was not only a route for incoming…
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Osney Capital unveils UK’s first seed fund for cybersecurity startups
VC firm Osney Capital has launched the UK’s first specialist cybersecurity seed fund in a bid to drive funding for startups at the seed and pre-seed stage. A total of 30 firms will receive between £250,000 and £2.5 million, with the possibility of follow-on investments in Series A rounds. The fund is oversubscribed from its original target of £50 million.…
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Tech giants called in to help tackle UK’s AI energy concerns
The UK government is holding talks with Microsoft, ARM, Google, and Amazon in the first meeting of the new AI Energy Council. Announced in January, the aim of the AI Energy Council is to make sure that the country’s big AI push has the energy supply to power it. The meeting, which will also include the National Energy System Operator…
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Quantexa, one of the UK’s leading AI stars, just raised $175 million
Quantexa, one of the rising stars of Britain’s burgeoning AI sector, plans to accelerate international growth after securing $175 million in a Series F funding round. The investment round, led by Teachers’ Venture Growth (TVG), values the firm at $2.6 billion and saw participation from existing investors such as Dawn Capital, Evolution Equity Partners, AlbionVC, and HSBC. Quantexa specializes in…
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The UK’s AI ambitions face one major hurdle – finding enough home-grown talent
While government plans to create 13,000 jobs as part of its AI Action Plan have been welcomed, researchers have raised concerns over a potential lack of skilled labor to meet growing demand in the industry. AI positions are among the hardest for organizations to fill, according to a study from HR platform Deel, with nearly a quarter of enterprises revealing…
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UK’s new Cyber Monitoring Centre wants to create a digital Richter scale for cyber attacks
A new Cyber Monitoring Centre (CMC) has been launched in the UK to help measure the severity of cyber threats and their potential impact on organizations in the region. The CMC is an independent nonprofit organization set up by the UK insurance industry to boost trust in the cyber insurance market and improve the nation’s understanding and response to cyber…
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Public sector improvements, infrastructure investment, and AI pothole repairs: Tech industry welcomes UK’s “ambitious” AI action plan
The UK government has officially unveiled its AI Opportunity Action Plan, promising a greater focus on the opportunities of the burgeoning technology rather than the risks. Under the new industry focus, the Labour government plans to implement all 50 recommendations set out by Matt Clifford in his AI Opportunities Action Plan, commissioned by technology secretary Peter Kyle last year. Announcing…
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Guide to UK’s Digital Markets, Competition and Consumers Act
The Digital Markets, Competition and Consumers Act is designed to regulate the behaviour of major digital firms with significant market power in the U.K. The legislation grants the Competition and Markets Authority new powers to impose requirements on tech companies with “Strategic Market Status,” reminiscent of the “gatekeeper” organisations that must abide by the E.U.’s Digital Markets Act. However, while…
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Content creators wary of UK’s AI copyright consultation
Content creators are concerned about the use of their materials for AI training, following the launch of a government consultation that some say appears to favor AI firms. The government says the consultation aims to improve legal clarity for the creative and AI sectors over how copyright protected materials are used in model training. The proposals, lawmakers said, are intended…
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Why the UK’s “outdated” cybersecurity legislation needs an urgent refresh
Parliamentarians from both sides of the aisle have called on the government to modernize the UK’s “outdated” cybersecurity laws to secure the country from growing digital threats. The coalition, led by Lord Holmes of Richmond, said it wants to fix areas of the 1990 Computer Misuse Act (CMA), stating the legislation is not fit to govern the modern internet. The…
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