Tag: UK
UK insurtech Hyperexponential raises $73M and eyes US expansion
Image Credits: Hyperexponential Hyperexponential, a London-based insurance technology (insurtech) startup that serves the property-casualty (P&C) insurance industry with “decision intelligence” for pricing, has raised $73 million ...UK gov't touts $100M+ plan to fire up 'responsible' AI R&D
Image Credits: Ian Vogler / Getty Images The U.K. government is finally publishing its response to an AI regulation consultation it kicked off last March, when ...Early-stage UK VC Episode 1 closes $95M third fund
Image Credits: Episode 1 Early-stage European venture capital (VC) firm Episode 1 has closed its third fund at £76 million ($95 million), as the London-based investor ...Monzo, the UK challenger bank with 9 million customers, raises $430 million
Image Credits: Monzo London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a ...UK chips in $44M for a piece of Europe's $1.4B pot for semiconductors
Image Credits: Getty Images The U.K. has exited the European Union, but semiconductor development is emerging as one of the areas where it hopes to partner ...Google DeepMind CEO Demis Hassabis gets UK knighthood for 'services to artificial intelligence'
Image Credits: Toby Melville – WPA Pool / Getty Images Demis Hassabis, CEO and one of three founders of Google’s artificial intelligence (AI) subsidiary DeepMind, has ...Indian ride-hailing giant Ola quits UK, Australia and NZ in international pullback
Image Credits: MANJUNATH KIRAN / AFP / Getty Images Indian ride-hailing giant Ola is shutting down its operations in the U.K., Australia and New Zealand, six ...Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal
Image Credits: SOPA Images/LightRocket / Getty Images Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. ...OpenAI inks strategic tie-up with UK's Financial Times, including content use
Image Credits: Didem Mente/Anadolu Agency / Getty Images OpenAI, maker of the viral AI chatbot ChatGPT, has netted another news licensing deal in Europe, adding London’s ...Getir pulls out of US, UK, Europe to focus on Turkey — 6,000+ jobs impacted
Image Credits: Angel Garcia/Bloomberg / Getty Images True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in ...