Industry News

A Manchester-based venture capital firm has ploughed more than £1.1m into several artificial intelligence startups. The investment package from EHE Ventures targets tech firms using AI to solve “real-world” problems in areas ranging from health and agriculture to publishing and consumer technology. It comes under the firm’s new SEIS AI Growth Fund, which is part […]

DealsFinTech Acuity Knowledge Partners has agreed to acquire a Bristol- and Munich-based provider of AI-powered digital transformation services in a deal set to complete at the end of the month. Ascent, which was founded two decades ago and now works with over 170 businesses across Europe and North America, will now look to build a

Databricks is launching an accelerator for AI startups. CFOTO/Future Publishing via Getty Images Databricks, the $100 billion-valued AI data storage and analytics company, wants to help nurture fledgling companies. On Thursday, the company said it’s launching an accelerator program for seed and pre-seed stage AI startups that use Databricks’ tools and platform. The company will

OpenAI’s leaked usage report just dropped a goldmine of insights about how people actually use AI – and more importantly, where they don’t. AI entrepreneur Michel Liebenspotted something huge in this data: the biggest business opportunities aren’t where everyone’s looking, they’re in the gaps nobody’s filling yet. What 700 Million Conversations Actually Look Like The

Nvidia has said it plans to invest £2bn into UK AI startups, in the latest big money funding announcement into the country from a US tech giant during President Donald Trump’s state visit. Earlier this week the UK government announced it had struck a £31bn deal with US tech companies including Google, OpenAI and Nvidia

A Google Cloud logo outside the Google Cloud data center ahead of its ceremonial opening in Hanau, Germany, on Friday, Oct. 6, 2023. Microsoft Corp., Alphabet Inc.’s Google and ChatGPT maker OpenAI use cloud computing that relies on thousands of chips inside servers in massive data centers across the globe to train AI algorithms called

Google Cloud announced Thursday it has added fast-rising AI coding startups Lovable and Windsurf to its roster of customers. Both companies have chosen Google Cloud as one of their cloud computing providers, the latest sign of Google’s rising prominence against larger rivals like AWS and Microsoft Azure. Google Cloud tells TechCrunch that it handles a

ByTony O. Lawson Returns cost fashion brands billions. As online shopping has exploded, apparel return rates have soared—20–30% for most retailers, with some categories hitting as high as 64%. Not only is this bad for the bottom line, but 66% of shoppers using AR or virtual try-on say they’re less likely to return items —and