Artificial Intelligence

The government is expected to double down on its support of the quantum computing sector with a £2.5bn investment programme. The quantum plan, which will be over the course of.

University College London spinout Intrinsic Semiconductor Technologies has secured £7m in an Octopus Ventures-led round create faster computer memory technology. Intrinsic is based on over 10 years of research carried.

Struggling EV vehicle startup Arrival is predicting losses as high as $1.01bn (£840.7m) in its 2022 full-year results. The unaudited accounts showed losses for the final quarter of 2022 are.

Though 2022 ended with talk of a “quantum winter”, the appetite VCs have for backing quantum startups hasn’t completely waned. So far in Europe this year: While investors are beginning.

The majority of equity funding continues to go to companies founded by men – particularly those at a later stage. In fact, just 9% of the UK’s tech unicorns –.

Munich-based Matterwave Ventures is today announcing a €75m first close of a new €150m fund to back European industrial deeptech startups. Matterwave’s investors include the European Investment Fund, LfA Bayern.

UK-based Unitary, which uses AI to assess the level of risk and harm in user-generated content uploaded to social media, has raised $8m in additional seed funding in a round.

The government has allocated £370m in funding to the newly established Department for Science, Innovation and Technology (DSIT) to invest in technology such as AI and quantum computing. Alongside the.

Nuclear energy is hot again. Amid an energy crisis spurred on by the twin crises of climate change and Russia’s war in Ukraine, countries are looking for new ways to.

Europe is far behind in the AI race; of the 10 best-funded startups in the space, none are European, while the biggest heavyweights in the space — Google and Microsoft.