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The Value of Data | Silicon UK Tech News

The Value of Data | Silicon UK Tech News

    Data has become the cornerstone of modern business strategies in today’s rapidly evolving digital landscape. For business leaders, understanding and leveraging the value of data is paramount to maintaining competitiveness and driving innovation. Data is no longer just a byproduct of business operations; it is a critical asset that can unlock unprecedented opportunities...

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First tropical plants return to SS Great Britain in 150 years

First tropical plants return to SS Great Britain in 150 years

31 May 2024 By Richard Lawson, BBC News, West of England SS Great Britain Trust ‘Fern Fever’ returns to the SS Great Britain for the first time in 150 years Tropical plants that were once transported on board the SS Great Britain have returned to the Bristol-based ship, for the first time in more than a century....

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UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026 | TechCrunch

UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026 | TechCrunch

The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent — the final rubber stamp any legislation must go through before becoming enshrined in law. The government says that fully self-driving vehicles could be on U.K. roads within two years. “While this doesn’t take away...

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UPDATE 1-South Korea, UK to host AI summit in Seoul as risks mount

UPDATE 1-South Korea, UK to host AI summit in Seoul as risks mount

By Joyce Lee SEOUL, – South Korea and Britain will host a global AI summit in Seoul this week, as the breathtaking pace of innovation since the first AI summit in November last year leaves governments scrambling to keep up with a growing array of risks. “Risks such as large-scale labour market impacts, AI-enabled hacking...

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Northern Lights could be visible in the UK again in a matter of weeks

Northern Lights could be visible in the UK again in a matter of weeks

The Northern Lights could light up our skies again as early as next month. Skies over the UK turned pink and green last weekend as the Northern Lights produced incredible displays for skygazers. The spectacle came after the National Oceanic and Atmospheric Administration (NOAA) in the US issued its first severe solar storm warning since...

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Rollercoaster for UK AI scene as PolyAI bags M while Stability AI mulls sale

Rollercoaster for UK AI scene as PolyAI bags $50M while Stability AI mulls sale

The artificial intelligence scene in Great Britain feels a little bit like your weekly tv drama at the moment. Major funding rounds compete for attention with controversial CEO departures and outlandish government campaigns (“Unicorn Kingdom” and 3D statue holograms, anyone?).   London-based PolyAI today announced it had secured a valuation of $500mn following a successful fund...

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UK joins European super-computing scheme as world-class British researchers now able to bid for funding

UK joins European super-computing scheme as world-class British researchers now able to bid for funding

The UK joins a world-class European supercomputing eco-system and unlocks an enhanced share of the Horizon funded portion, worth £770 million from 2021-2027 EuroHPC brings together supercomputing resources from across 35 countries, boasting eight supercomputers based in every corner of the continent, from Portugal to Finland UK scientists can use the facilities to power the...

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Leading tech firms invest over £2 billion in the UK in one week

Leading tech firms invest over £2 billion in the UK in one week

Over £2 billion invested by world leading tech companies in the UK this week AI firm CoreWeave are investing £1 billion in the UK Comes as the Chancellor visits the Siemens Healthineers site, marked for a new factory supporting more than 1,300 skilled jobs The Chancellor has welcomed the “safe bet” world leading tech and...

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Wayve: Nvidia and Microsoft invest as UK AI firm raises bn

Wayve: Nvidia and Microsoft invest as UK AI firm raises $1bn

A UK firm developing artificial intelligence (AI) tech to power self-driving cars has raised $1.05bn (£840m) in funding. Microsoft and leading chip-maker, Nvidia, are among the companies investing in Wayve’s latest funding round, led by investment firm SoftBank. It is the largest known investment in an AI company in Europe to date. Wayve says the...