UK-based autonomous vehicle startup Wayve's CEO Alex Kendall talks about the company's $1.05B fundraise, licensing plans, and the self-driving market.
Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. This is the U.K.’s lar
The ransomware attack that has engulfed U.S. health insurance giant UnitedHealth Group and its tech subsidiary Change Healthcare is a data privacy nightmare for millions of U.S. patients, with CEO And
Dan Purcell, the founder and CEO of Ceartas, recalls feeling devastated when he realized that a former partner had, unbeknownst to him, uploaded private, intimate videos of them onto a porn site. Over
Gideon Valkin's solo VC firm Andrena Ventures is raising $12 million from backers, including several VCs and entrepreneurs, and made its first investment into AI startup Nustom.
OpenAI, maker of the viral AI chatbot ChatGPT, has netted another news licensing deal in Europe, adding London’s Financial Times to a growing list of publishers it’s paying for content acc
Last week, the U.K. announced its largest ever military support package for Ukraine. The bill brings the U.K.’s total support for this financial year to £3 billion — not quite the $50 billion
Its latest version features avatars that provide more emotion, better lip tracking, and what Synthesia says are more expressive natural and human movements when they are fed text to generate videos.
The director general of the UK's National Crime Agency has targeted Meta over its planned expansion of end-to-end encryption to Instagram.
Following its first close with limited partners, including Eutelsat, the early-stage fund will build a global portfolio of 30 startups that will be backed at the seed and Series A stages.
TikTok Shop, TikTok’s social commerce marketplace, is launching a secondhand luxury category in the U.K., putting it in closer competition with The RealReal, Vestiaire Collective, Depop, Poshmark, a
Artificial intelligence has been in the crosshairs of governments over how it might be misused for fraud, disinformation and other malicious online activity. Now, a U.K. regulator wants to explore how
The UK's competition watchdog, the CMA, has sounded a warning over Big Tech's grip on the advanced AI market, with CEO Sarah Cardell expressing "real concerns" over how the sector is developing.
On Tuesday, the BBC reported that Uber Eats courier Pa Edrissa Manjang, who is Black, had received a payout from Uber after “racially discriminatory” facial recognition checks prevented hi
U.K. officials unveiled a hologram statue and threw a big party to celebrate the U.K. as the third $1 trillion tech economy.
A new study that zeros-in on the founders of so-called “unicorns” — companies worth over a billion dollars — has found most have “underdog” founders who are often drawn from th
It's the first time the United Kingdom has attributed the massive breach of millions of citizens' voter data since the cyberattack was first disclosed in 2023.
U.K.-based limited partners Venrex and Samos Investments are this week backing the launch of a new VC primarily aimed at investing in startups led by Ukrainians inside and outside the war-torn count
The U.K. has exited the European Union, but semiconductor development is emerging as one of the areas where it hopes to partner for better economies of scale — and much-needed funding. Today, th
Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round.
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