Artificial Intelligence

Artificial Intelligence

Virgin Orbit lays off 85% of staff

Virgin Orbit said it will lay off 85% of its workforce after Richard Branson’s embattled rocket company failed to secure further funding. It is the latest blow for Virgin Orbit,.

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Artificial Intelligence

This German soldier built a battlefield robot company — while on the army’s payroll

Many tech founders come from surprising backgrounds. But one rare profile, even by tech’s eclectic standards, is the soldier-turned-entrepreneur. Marc Wietfeld, a German officer based at the Munich army base,.

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Artificial Intelligence

Broadcom’s VMware deal gets further CMA scrutiny

The UK’s competition regulator is conducting a deeper investigation into Broadcom’s $61bn acquisition of VMware. Broadcom had five working days to come up with revisions that satisfy the Competition and.

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Artificial Intelligence

Fintech startup Paytrix lands £15m funding

Payments provider Paytrix has landed $18.3m (£14.8m) in Series A capital led by Unusual Ventures, Motive Partners and Bain Capital Ventures. The London-headquartered fintech’s payment API is used by businesses.

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Artificial Intelligence

Investors drop £1.8m into Cambridge gravity sensor company

A group of investors have deployed £1.8m into a gravity sensor company as part of a wider £2.8m financing round. Cambridge-based Silicon Microgravity is developing gravity and inertial sensors, more.

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Artificial Intelligence

We’re too obsessed with spinouts. Here’s what Europe should be focused on

We all know that Europe has difficulty commercialising the innovation that takes place in its universities. That’s true across the region. Spinouts represent only 0.03% of the UK’s overall company.

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Artificial Intelligence

‘We are super, super fucked’: Meet the man trying to stop an AI apocalypse

Sometimes it takes a maverick to stand up to the power of big corporations. In the case of then-24-year-old self-taught coder Connor Leahy it took “a bunch of Ritalin” and.

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Artificial Intelligence

On the quest for qubits: Different types of quantum startups, explained

With hundreds of European startups working on quantum and plenty of fresh cash being injected into the sector, the race to build a fully fledged large-scale quantum computer is on..

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Artificial Intelligence

Starting to take off: German rocket maker Isar Aerospace raises $165m

Rocket maker Isar Aerospace today announced a $165m Series C — 2023’s biggest spacetech round globally so far — which confirms the company as the fastest-growing private launch service in.

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Artificial Intelligence

OneWeb satellite launch allows for global internet coverage

OneWeb has launched 36 internet satellites, allowing the company to expand its internet coverage worldwide later this year. The 36 OneWeb satellites were launched by NewSpace India Limited from the.

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