The UK’s new industrial strategy must not forget London October 9, 2020 Science and technology is set to be at the heart of the UK’s new industrial strategy — to be launched, we’re told, latest this autumn as the government looks to find new ways to reset the UK economy after the worst recession in 300 years. Trailed news of the policy suggests that there will be [...]
Ecommerce platform Clearbanc injects £500m into British startups October 8, 2020 Ecommerce investor Clearbanc has announced its plans to invest £500m into British SMEs over the next year as part of its UK launch. The alternative capital platform, founded by Canadian Dragons’ Den star Michele Romanow, will use its AI platform to invest in British online startups to help with future growth. Clearbanc has already invested [...]
Citigroup fires employee who ran QAnon conspiracy website October 7, 2020 Citigroup has sacked an employee in its technology department after it emerged he ran a popular website dedicated to the QAnon conspiracy theory. Jason Gelinas, who worked as an information technology specialist, was identified by fact checking website Logically.ai as the operator of the website QMap.pub. He was initially placed on leave from the investment [...]
5 terrible ways for to apply Blockchain Technology in IoT and Cybersecurity October 6, 2020 Last week, my friend and colleague Monty Munford wrote as to how crypto would never take off until cybersecurity improves. And whilst I agree with the premise – It is going to take a whole lot more than ‘enhanced cybersecurity’ for crypto to become mainstream. When people write about cybersecurity and blockchain, they are usually [...]
Nvidia to build UK’s largest supercomputer after $40bn Arm takeover bid October 5, 2020 Nvidia today announced plans to build the UK’s largest supercomputer, just weeks after the US tech group tabled a controversial $40bn (£31bn) offer for British chip designer Arm. The £40m supercomputer — dubbed Cambridge-1 — will be made available to healthcare researchers using artificial intelligence to find cures for a range of medical challenges, including [...]
Crypto AM shines its Spotlight on UCROWDME October 5, 2020 Fusing together $25 billion dollar industries within the innovation and consumer insights space could well be what global consumers and businesses really need and demand, says Greg Griffiths identifying what our team sees as ‘a huge gap in the market that impacts global progression’. It was back in early 2014 that the raw concept for [...]
Tech Nation bolsters board as it seeks to help economy recover from Covid-19 September 28, 2020 Tech Nation has bolstered its board as it seeks to help the UK economy recover from the coronavirus pandemic. The tech entrepreneur network has appointed former Palamon Capital finance chief Annette Wilson, Impact X Capital Partners founder Eric Collins, Hoxton Ventures partner Hussein Kanji and Benevolent AI senior vice president Trecilla Lobo to its board [...]
Does Nvidia’s buyout of ARM signal the death knell for UK tech entrepreneurship September 18, 2020 Earlier this week, it emerged that the UK’s largest technology firm, ARM, was to be sold to US giant Nvidia. The deal, worth £31bn, led to cries from Arm founder Hermann Hauser that it would be an “absolute disaster” and would cost UK jobs. However Jensen Huang, Nvidia’s chief executive, said the deal would create [...]
Corporate Social Responsibility is over – but that is no bad thing September 17, 2020 I believe that Corporate Social Responsibility is over. That is not to say that CSR programmes do not deliver tremendous impact, many do. It is just that the impact is invariably nuanced for stakeholders. With today’s ever-growing trend of individualism, such nuance is ineffective. Businesses are under great stakeholder pressure to be more purposeful, to [...]
Nvidia to buy UK chip designer Arm for $40bn September 14, 2020 US tech giant Nvidia has announced it will buy UK-based computer chip designer Arm from Softbank for as much as $40bn. Nvidia has said the business will continue to be based in Cambridge and that it will invest in a new artificial intelligence research centre on site. It will also keep Arm’s branding and is [...]