Category: TC
UK public sector failing to be open about its use of AI, review finds
A report into the use of artificial intelligence by the UK’s public sector has warned that the government is failing to be open about automated decision-making technologies which have the potential to significantly impact citizens’ lives. Ministers have been especially bullish on injecting new technologies into the delivery of taxpayer…
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UK’s Tiney raises $6.5M to source, train and connect childminders to improve early-years care
A shortage of good teachers and carers is an acute problem in the world of education. Getting smart people into the profession is hard when the pay is not great and the stresses coming from above and below are very real and very persistent. And it turns out that challenge…
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Arm focuses on AI with its new Cortex-M CPU and Ethos-U NPU
Arm today announced two new processors — or one and a half, depending on how you look at it. The company, which designs the chips that power the majority of the world’s cell phones and smart devices, launched both the newest Cortex-M processor (the M55) and the Arm Ethos-U55 micro…
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With $800M in new capital, Vantage Data Centers acquires Etix and expands to Europe
Data centers don’t come cheap, but once they are up and running, they can be quite lucrative. Vantage Data Centers, which provides data center capacity to cloud providers and enterprise companies, today announced that it has secured more than $800 million in new equity capital from its current investors and…
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Starling Bank raises another £60M from existing backers
Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised another £60 million from its existing investors, Merian Global Investors and Harry McPike’s JTC. The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led…
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Sony latest phone maker to pull out of MWC over coronavirus outbreak
Japanese electronics firm Sony is the latest phone maker to announce it’s withdrawing from the Mobile World Congress (MWC) tradeshow — citing concerns about the coronavirus outbreak. “As we place the utmost importance on the safety and wellbeing of our customers, partners, media and employees, we have taken the difficult…
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