Artificial Intelligence

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,.

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,.

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.

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.

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.

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.

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.

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..

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.

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.