07 Aug, 2024
businesses, eu, Europe, funding, Government, Security News, startups, Tech Industry, UK, United Kingdom
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The number of tech startups being founded in the U.K. has suffered its first “marked decline” since 2022, according to accounting firm RSM UK. There were only 12,318 new tech incorporations in the second quarter of 2024 compared with 13,802 in the first quarter — an 11% decline. The number . . . Read more
06 Aug, 2024
ai, artificial intelligence, eu, funding, policy, regulation, Security News, UK, uk ai bill, United Kingdom
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The U.K. government has shelved £1.3 billion worth of funding that had been earmarked for AI and tech innovation. This includes £800 million for the creation of the exascale supercomputer at the University of Edinburgh and £500 million for the AI Research Resource — another supercomputer facility comprising Isambard at . . . Read more
