Former DeepMind scientist Simon Kohl has raised $50 million for Latent Labs, a London-based AI startup aiming to transform drug discovery by designing proteins with generative AI.
Category: AI
Artificial intelligence coverage with the Business Matters filter: not the hype cycle, but what AI adoption actually looks like inside UK firms – the tools, the costs, the failures, and the regulation heading down the track.
Small businesses tell chancellor: action needed on funding, AI training, and tax relief
Small businesses are calling on the chancellor to improve funding access, subsidise AI training, and ease tax burdens. Entrepreneurs warn that rising costs and bureaucracy are stifling growth.
UK and US refuse to sign global AI declaration, citing national interests
The UK and US have refused to sign an international AI declaration at the Paris summit, citing national interests. The move puts them at odds with global AI regulation efforts.
Google reverses pledge against AI-driven weapons to champion ‘free world’ security
Google has dropped its pledge not to develop AI-enabled weapons, citing the need to protect free countries.
OpenAI nears record-breaking $40bn funding deal as valuation doubles
OpenAI is poised to secure nearly $40bn in new investment—doubling its valuation to around $340bn.
Prisoners could get ‘AI cellmate’ to help them learn
Prisoners in the UK may soon benefit from an artificial intelligence system designed to transform how they access and engage with education.
AI-fuelled job automation set to widen inequality in the UK, warns report
The rapid automation of millions of jobs through artificial intelligence could intensify economic inequality across the UK unless the government steps in with targeted support, according to a new study by the Institute for the Future of Work (IFOW).
Fuel Ventures and Oxford Capital join forces with $1M backing for Egregious to fight AI-driven deception
In a move reflecting mounting concerns about disinformation and cyber threats, UK-based venture capital firms Fuel Ventures and Oxford Capital have co-led a $1 million pre-seed funding round in Egregious.
UK to review visa system to entice top AI and science talent, says Reeves
Rachel Reeves unveils plans to reform the UK’s visa regime, targeting AI and life sciences talent to spur economic growth. Amid rising sponsor licence fees and tight compliance rules, experts warn UK businesses need assurances to attract overseas specialists.
Businesses using AI to file R&D tax claims risk HMRC rejection
Businesses using AI to file R&D tax claims risk HMRC rejection if there’s no human oversight, warn experts. Quality checks and adviser input remain crucial.
The Sky’s the Limit: The Future of Urban Mobility in Global Cities by Lord Kulveer Ranger, Vice-chair AI All Party Parliamentary Group
Lord Kulveer Ranger of Northwood believes that the future of personal mobility “will fundamentally transform the way we live, work, and move in our cities.
Starmer sets out new AI action plan to cement Britain’s global tech dominance
Keir Starmer launches the “AI Opportunities Action Plan” to position Britain as a global AI leader, pledging flexible regulations, major investments, and 13,000 new tech jobs.
Robok secures £1m in UKRI funding to revolutionise AI safety in UK ports and warehouses
AI spinout RoboK has secured £1m in UKRI funding to lead the PALLETS project, transforming safety and efficiency in UK ports and warehouses through AI-powered real-time hazard detection.
Why AI will never replace the human traits that make for effective mentoring
In a world that is becoming progressively digitalised, it is important to have a clear understanding on how industries can work collaboratively with the likes of AI to ensure they are not left behind.
Moonpig debuts AI handwriting tool to bring personal touch back to online cards
Moonpig unveils a new AI-based handwriting feature, letting users create a personalised digital font from their own pen strokes. The retailer’s boss says it bridges the gap between quick online convenience and heartfelt, handwritten notes.
