News - AI

AI firm behind $800m fund backs Nexent, plots future UK investments

Artificial intelligence ecosystem builder Skymind has unveiled the first cohort of investments fro...

£2.1m investment for ‘brain-inspired’ AI start-up Mindtrace

AI software start-up Mindtrace has raised £2.1 million investment.  The Manchester-based firm...

AI-powered events tech firm Grip raises £9.3m

Grip has raised £9.3 million in Series A funding.  The London-based events platform is revol...

COO and CFO appointed at AI platform Builder.ai

AI-powered software development platform Builder.ai has appointed a COO and CFO after experiencing ...

AI scale-up Peak to create 130 jobs following £15.2m investment

Artificial intelligence scale-up Peak has raised £15.2 million in a Series B funding round.  Th...

Aunt’s multiple sclerosis struggle inspires AI glove

An entrepreneur was inspired to build a glove powered by artificial intelligence after witnessing hi...

Former videogame developer Codeplay agrees supercomputer deal with US government 

AI innovator Codeplay Software has agreed a landmark deal with the US government to enable its nex...

Pencil AI has generated 5m adverts for big brands

The blank page is a frustratingly familiar sight to anyone working in the creative industries.   ...

Chatbot platform born during COVID to expand to US

A Norwich start-up claiming to have developed the ‘world's most extensible chatbot infrastructure...

AI-based online business lender Outfund raises £37m

FinTech business lender Outfund has announced the close of a £37m late seed round of capital, inclu...

New data suggests UK leads Europe for AI investment

 Tech Nation has revealed new data which suggests the UK leads Europe for AI investment. It report...

Language processing firm Eigen appoints first CFO and new CRO

London- and New York based Eigen, a provider of natural language processing (NLP) tech, ...