Technology
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London relinquishes its status as Europe’s tech capital to Paris
For the first time, Paris has surpassed London as the leading tech hub in Europe, igniting new worries about the UK’s ability to sustain its international competitiveness in the rapidly expanding technology industry. As per Dealroom’s recently published 2025 Global Tech Ecosystem Index, the French capital has established itself as the sole non-American city in…
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Nvidia CEO slams US export curbs as counterproductive
Jensen Huang warns that restrictions have backfired, accelerating Chinese innovation and costing US firms billions.
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UK SMEs may unleash £78bn through the utilization of AI.
Research has shown that small and medium-sized enterprises (SMEs) in the UK have the potential to generate as much as £78 billion for the economy over the next ten years through an increased use of generative artificial intelligence. Even with the swift progress of AI technologies like ChatGPT, Microsoft Copilot, and other large language models…
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XREAL unveils ‘Project Aura’ at Google I/O — an optical see-through XR device for Android XR
MOUNTAIN VIEW, Calif., 20 May 2025 – Augmented reality (AR) hardware manufacturer XREAL has announced a new strategic collaboration with Google aimed at growing the Android XR platform. The partnership, officially revealed at this year’s Google I/O developer conference, introduces Project Aura, a next-generation optical see-through extended reality (XR) device designed to support Android XR…
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M&S assault reveals lasting cyber repercussions for UK businesses
The enduring repercussions of cyber assaults are increasingly becoming evident—and costly—for businesses in the UK. Recent statistics from insurer Hiscox have highlighted the escalating long-term effects of cyber incidents, with damage to brand reputation and diminished customer confidence intensifying in a time when artificial intelligence is transforming the cybersecurity arena. In its most recent annual…
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Global food scanning technology market to reach $2.16 billion by 2030 with 7.3% CAGR, says Valuates Reports
BANGALORE, India, 16 May 2025 – The global market for food scanning technology is poised for significant growth, with its value projected to rise from USD 1.33 billion in 2023 to an estimated USD 2.16 billion by 2030, according to a new study by Valuates Reports. This represents a compound annual growth rate (CAGR) of…
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Government AI initiative hindered by obsolete technology
The public sector in the UK is encountering mounting pressure to adopt artificial intelligence (AI) and contemporary digital solutions, but a recent report indicates that numerous governmental departments are constrained by obsolete systems, isolated platforms, and persistent underfunding. A study carried out by customer experience company 8×8 alongside consultancy Cavell Group has shown that, despite…
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UK government trials AI tool to streamline public consultations
The UK government is piloting an AI tool named ‘Consult’ to automate the analysis of public consultation responses, aiming to reduce administrative workloads and enhance efficiency across departments.
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Future: GoCompare’s proprietor reveals share repurchase strategy
Future PLC withstands advertising challenges with solid margins and cash flow The London-based publishing and media entity Future PLC has reported a strong half-year performance, showcasing operational strength amid declining advertising markets and currency challenges. Even with a three percent decrease in revenue, the firm sustained impressive profitability, reflecting assurance in its long-term growth plan.…
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AI benchmarks highlight shift toward leaner, faster models
New benchmarks show smaller AI models delivering near-equivalent performance to GPT-4 — at a fraction of the compute cost.