UK-based AI startups are now worth $256bn, according to new data from Dealroom and HSBC Innovation Banking. They also account for 22% of the country’s innovation ecosystem value — up from 12% in 2019. In the first half of 2024, startups in the field raised $2.1bn. And this amount is…
UK-based Huma has launched today the Huma Cloud Platform, a “Shopify-like” tool for the healthcare ecosystem to design, build, and launch digital health services. “The digitalization of the healthcare ecosystem is a transformative force that is reshaping how we deliver and experience healthcare and how we conduct research,” Dan Vahdat,…
UK-based Naked Energy has raised £17mn in a Series B round to boost the global expansion of its solar tech solutions. Founded in 2009, Naked Energy set out to help decarbonise heat generation, which contributes over 40% of global CO2 emissions. The scaleup has developed a pair of modular solar…
If there’s one area where AI can truly have an unprecedented positive impact, it is healthcare — especially when it comes to the diagnosis and treatment of currently incurable diseases such as dementia. The condition affects over 55 million people worldwide, with nearly 10 million new cases every year. Dementia’s…
French startup AdCreative.ai has launched a new large language model build exclusively for advertising. Named AdLLM Spark, the system was built to craft ad text with high conversion rates on every major advertising platform. AdCreative.ai said the LLM combines two unique features: instant text generation and accurate performance prediction. Working with…
Among the many things that humans cannot do (without some fairly substantial modification) is shifting our body morphology around on demand. It sounds a little extreme to be talking about things like self-amputation, and it is a little extreme, but it’s also not at all uncommon for other animals to…
When Ariane 6 suffered a glitch on its first flight, the mishap felt strangely inevitable. Nearly half of all rockets fail on their first launches. After a troubled development and four years of delays, Ariane 6 looked like a prime candidate to join the list. The launcher was commissioned to…
Video Friday is your weekly selection of awesome robotics videos, collected by your friends at IEEE Spectrum robotics. We also post a weekly calendar of upcoming robotics events for the next few months. Please send us your events for inclusion.RoboCup 2024: 17–22 July 2024, EINDHOVEN, NETHERLANDSICRA@40: 23–26 September 2024, ROTTERDAM,…
Japanese tech group SoftBank has acquired yet another British chip player. This time it has snapped up Bristol-based AI processor developer Graphcore, whose very survival was in doubt over the past year. The acquisition comes as investors compete to back the next big thing in AI. Moreover, larger tech companies…