Swedish edtech startup Sana Labs bags £13M to redefine workplace training with AI

Sana Labs, a Stockholm-based online training platform, raised $18 million (approx £13.1 million) in a Series A round led by EQT Ventures. The funding round brings the total amount raised to $23 million (approx £17 million). The new funding will be used to invest more in technology R&D, sales-focused marketing, and people to make this happen.

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UK biotech startup Peptone grabs £1.84M to make drug discovery faster and more effective with AI

The global COVID-19 pandemic has unveiled a grave issue – the requirement to develop efficient drugs quickly. 2020 has been a tough year that has seen scientists heralded as heroes and the future of protein-based medicine has sat at the coalface of a pandemic. Several startups are looking to increase the pharmaceutical industry’s chances of developing future medicines quicker than ever before.

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The future is now: 7 expert tech predictions for 2021

Making predictions

This year was certainly a difficult one, but that shouldn’t dampen our spirits going into 2021. While most of the workforce was managing from home with an immense reliance on technology, next year, we can expect technology to find an even deeper way of integrating with our lives. 
To find out how this might happen, we reached out to some prominent companies in the tech space. With that in mind, here are some tech predictions for the coming year. 

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Chinese AI chipmaker Horizon endeavours to raise $700M to rival NVIDIA

AI chipmaker Horizon Robotics is seeking to raise $700 million in a new funding round. Horizon is often seen as potentially becoming China’s equivalent of NVIDIA. The company is founded by Dr Kai Yu, a prominent industry figure with quite the credentials. Yu led Baidu’s AI Research lab for three years, founded the Baidu Institute…

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This European AI startup wants to convert CCTV cameras in the world into smart devices

Tallinn-based Fyma, a computer vision startup formerly known as Visory was founded last year. It works with the mission to let businesses and institutions make better strategic decisions by converting cameras into sensors. This company has nowt secured fresh investment to get actionable data from every piece of footage.

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“Raising during COVID was not so difficult, I had to say no to other 2-3 investors” — Riccardo Osti, CEO, Wonderflow

Wonderflow, the European big data company — that helps companies by implementing their AI technology to analyse consumer feedback in electronics, HR, financial services and more — recently closed a £1.8 million investment. 

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Facebook is developing a news-summarising AI called TL;DR

Facebook is developing an AI called TL;DR which summarises news into shorter snippets. Anyone who’s spent much time on the web will know what TL;DR stands for⁠—but, for everyone else, it’s an acronym for “Too Long, Didn’t Read”. It’s an understandable sentiment we’ve all felt at some point. People lead busy lives. Some outlets now…

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EU human rights agency issues report on AI ethical considerations

The European Union’s Fundamental Rights Agency (FRA) has issued a report on AI which delves into the ethical considerations which must be made about the technology. FRA’s report is titled Getting The Future Right and opens with some of the ways AI is already making lives better—such as helping with cancer diagnosis, and even predicting…

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Former NHS surgeon creates AI ‘virtual patient’ for remote training

A former NHS surgeon has created an AI-powered “virtual patient” which helps to keep skills sharp during a time when most in-person training is on hold. Dr Alex Young is a trained orthopaedic and trauma surgeon who founded Virti and set out to use emerging technologies to provide immersive training for both new healthcare professionals… Read more »
The post Former NHS surgeon creates AI ‘virtual patient’ for remote training appeared first on AI News.

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Algorithmia: AI budgets are increasing but deployment challenges remain

A new report from Algorithmia has found that enterprise budgets for AI are rapidly increasing but significant deployment challenges remain. Algorithmia’s 2021 Enterprise Trends in Machine Learning report features the views of 403 business leaders involved with machine learning initiatives. Diego Oppenheimer, CEO of Algorithmia, says: “COVID-19 has caused rapid change which has challenged our…

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State of European Tech: Investment in ‘deep tech’ like AI drops 13%

The latest State of European Tech report highlights that investment in “deep tech” like AI has dropped 13 percent this year. Data from Dealroom was used for the State of European Tech report. Dealroom defines deep tech as 16 fields: Artificial Intelligence, Machine Learning, Big Data, Augmented Reality, Virtual Reality, Drones, Autonomous Driving, Blockchain, Nanotech…

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Google fires ethical AI researcher Timnit Gebru after critical email

A leading figure in ethical AI development has been fired by Google after criticising the company. Timnit Gebru is considered a pioneer in the field and researched the risks and inequalities found in large language models. Gebru claims she was fired by Google over an unpublished paper and sending an email critical of the company’s…

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London-based IoT startup Infogrid raises £11.5M to make all buildings ‘smart’

Smart building startups are gaining ground in the commercial real estate sector, since building owners and operators are adopting to technologies like IoT and AI to achieve high operational efficiency, maintain low running costs and make buildings more comfortable to live/work. 

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AI helps patients to get more rest while reducing staff workload

A team from Feinstein Institutes for Research thinks AI could be key to helping patients get more rest while reducing the burden on healthcare staff. Everyone knows how important adequate sleep is for recovery. However, patients in pain – or just insomniacs like me – can struggle to get the sleep they need. “Rest is…

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Using Algorithms derived From Neuroscience research, Numenta demonstrates 50x speed improvements on Deep Learning Networks

Numenta has made some advances by applying a principle of the brain called sparsity. It compared sparse networks and dense networks by running its algorithms on Xilinx FPGAs (Field Programmable Gate Array) for a speech recognition task that used the Google Speech Commands (GSC) dataset.

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Top 20 Manchester tech startups to work for in 2021

The COVID-19 pandemic outbreak has left a dent in several businesses across the world causing a major economic downturn. As the world has started recovering from the pandemic and its onslaught, many tech startups are hiring for fresh talent. Likewise, there are numerous tech startups in Manchester, UK that are also hiring right now.
After extensive research and analysis, Tempo has now come up with the best 20 startups to work in Manchester for the year 2021. These companies have been carefully handpicked by Tempo by considering various parameters like company mission, employee reviews, career pages, and upfront information.
Tempo has specialised in driving online recruitment for young talent and works with a passion to get this generation to the workforce. Given the current situation, the company wants people to work at some of the best and young startups in the city of Manchester that were founded on or after 2013 with less than 400 employees.
According to Ben Chatfield, CEO of Tempo, “Now more than ever, job seekers are looking at the bigger picture when it comes to the companies they want to work for. It’s not just about topline growth and elaborate perks, it’s about the mission, opportunities for learning, and, crucially, how employees have been treated during the pandemic. With the Super Startups, we are delighted to recognise game-changing businesses that are also fantastic places to work.”
Without further ado, here we list these Manchester startups that are hiring right now.

How this Berlin-based employment platform wants to help UK companies hire talent overseas post-Brexit

Padoq
Founder/s: Mike AndersonFounded year: 2017
Image credits: Padoq
Funding: €964k
Padoq is behind some of the most used smartphone apps, and the company also makes apps for enterprises at an affordable price. The company has many job openings and it offers a good set of perks for the employees. If you want to work at a chilled out place, then Padoq might be the company.
Image credits: Peak
Peak
Founder/s: Richard Potter, David Leitch, Atul SharmaFounded year: 2014Funding: €19M

European marketing intelligence startup Objective Platform raises €2M funding

Peak uses machine learning and artificial intelligence to drive businesses to achieve more. The working environment at Peak is built around shared ownership, allowing employees to learn more and acquire newer skills. The company works with small companies to big brands and is currently looking for motivated people to work in a new-age company.
Image credits Airtime Rewards
Airtime Rewards
Founder/s: Adam Ward, Josh GrahamFounded year: 2014Funding: €1.2M
If you use a smartphone with a cellular network, then Airtime Rewards is an app that can give rewards. It uses already existing payment infrastructures like MasterCard & Visa and offers instant rewards to the users. If you are interested in working at a company that benefits users, then Airtime Rewards is looking for people like you.
Image credits: Street Group
Street Group
Founder/s: Thomson Staff, Heather StaffFounded year: 2015Funding: NA

Clim8 raises £2.4M: London-based app lets you invest responsibly so you can save the planet and make money

Street Group is a new-age company which is behind products like Spectre & Hello Again. The company is actively looking for like-minded people with various talents, and it offers £1,000 towards a holiday if one completes a year at Street Group. This company works with the mission to move real estate into the 21st century.
Image credits: Open Money
OpenMoney
Founder/s: Anthony MorrowFounded year: 2016Funding: NA
Open Money helps users to manage, invest, and plan money for the future in a smart way. The brand believes that financial advice should be accessible to everyone with ease and is built by a highly spirited team to make a real difference in the world. This company is touted to give a range of benefits for its employees.
Image credits: Push Doctor
Push Doctor
Founder/s: Eren Ozagir, Matt ElcockFounded year: 2013Funding: NA
Push Doctor takes health care to the next level by offering services like online consultation and video appointments with NHS-trained GPs, especially on patient’s terms. The company is looking for new employees who can make a difference in people’s lives. It is a pioneer in the digital healthcare industry, claims the company.
Image credits: Goodbox
GoodBox
Founder/s: Andrew O’Brien, Francesca HodgsonFounded year: 2016Funding: €5.5M
GoodBox uses the power of the internet to connect NGOs and charities with donations to help humanity. This is a fast-paced working place, and everyone loves challenges. If you like working in a competitive space that respects employees, then GoodBox is looking for you. To summarise, GoodBox uses technology to revolutionise the charity sector.
Image credits: Upside Energy
Upside Energy
Founder/s: Andy Molineux, Graham Oakes, Matt Fisher, Matt PottsFounded year: 2014Funding: €8.9M
Upside Energy has one aim, and it is to build a better future for the coming generation by reducing fossil fuels and using sustainable forms of energy. The company is actively looking for new employees, not just that, working at Upside Energy has additional benefits which will make them happy and healthy.
Image credits: Netacea
Netacea
Founder/s: Andy Still, Jeremy GidlowFounded year: 2018Funding: NA
Netacea is a company that offers services to protect mobile apps, websites, and APIs from hacks and malicious attacks. The company offers great career progression, and there is also a flexible working hour, allowing employees to work within their comfort zone. This company harnesses the power of AI to protect websites.
Image credits: Wakelet
Wakelet
Founder/s: Jamil KhalilFounded year: 2014Funding: NA
Wakelet is an all-in-one platform that helps users to curate content from various platforms. It helps users to organise content like video, article, news, Instagram posts, and much more on a single platform. The company is built by strong values, and it encourages team-play, which is a sign of a good working place.
Image credits: Zaptic
Zaptic
Founder/s: Richard MilnesFounded year: 2015Funding: NA
It looks like the company Zaptic was built to take on the COVID-19 outbreak, as the company offers a connected working platform. For the employees, the company offers above-average salary packages with flexible working hours. On top of that, working at Zaptic will also give your perks like a gym membership to keep employees healthy and fit.
Image credits: Tootoot
Tootoot Ltd
Founder/s: Kieran Innes, Michael BrennanFounded year: 2013Funding: NA
Tootoot is a platform for both children and adults to report mental health issues. It offers students a voice and offers a confidential reporting space on personal issues. Rest assured, the company also cares about the mental health of the employees, and the company is actively looking for new talents.
Image credits: TapTrip
Taptrip
Founder/s: Thomas Young, Jack TimblinFounded year: 2018Funding: €180k
Taptrip is all about making your next trip easy. It offers personalised travel plans with an automated expensive report. For the employees, the company offers flexible working hours, paid holidays, and even pays £500 towards employees’ holidays. So, your next holiday is on Taptrip.
Image credits: Housemates
Housemates
Founder/s: Lydia JonesFounded year: 2018Funding: €135k
Housemates offer new ways of finding your next home. The company operates in transparency, helping students with services like online agreement and online payment for a hassle-free experience. Working at Housemates will definitely get you some brownie points from students across the world.
Image credits: Fractory
Fractory
Founder/s: Joosep Merelaht, Martin Vares, Rein TormFounded year: 2018Funding: €455k
Fractory is a new-age cloud manufacturing company. It connects engineers to the production houses using an automated platform. They can offer services like metal sheet fabrication with guaranteed shipping across the UK within 9 days. When the team is not mending a metal sheet, they will be participating in an axe-throwing competition.
Image credits: Nivo
Nivo
Founder/s: Michael CommonFounded year: 2017Funding: €2.4M
Nivo helps businesses to operate during the COVID-19, and the company helps people to understand finances with ease. The company works with various institutions like brokers, banks, and credit unions to cater to their financial needs. From helping them to reduce load approval period to reducing application drops, Nivo offers all.
Image credits: Yumi Nutrition
Yumi Nutrition
Founder/s: Sebastien Vanderlinden,Founded year: 2017Funding: NA
Yumi Nutrition is all about making your supplements like Vitamins fun and candy-like. Working at this place has perks like early finish Fridays, free breakfast, and the company is even generous about holiday allowance. We bet the company might even give you a complimentary vitamin (Yumi) with your breakfast and definitely sounds like a fun company to work for.
Image credits: Dr Fertility
Dr Fertility
Founder/s: Kobi McCardle, Lucy BuckleyFounded year: 2017Funding: €1.2M
Dr Fertility is all about helping and supporting people with the fertility journey. It services like fertility education, video consultations, and fertility clinicians to help people who are thinking of trying to get pregnant or who have tried and failed. Considering the ever-growing market, the company is looking for staff and is actively hiring.
Image credits: TickX
TickX
Founder/s: Sam Coley, Steve PearceFounded year: 2015Funding: €4.8M
TickX makes booking tickets for a movie or a play easy and accessible. It could be a blockbuster cinema from your favorite studio or a theatre shows from a small festival, TickX has it all. The founders of the company have a knack for art and creativity, and the company is looking for people with a similar mindset.
Image credits: Culture Shift
Culture Shift
Founder/s: Stuart Bradley, Gemma McCall, Carl SaddFounded year: 2018Funding: €1.6M
Culture Shift aims to empower leaders and senior teams from top-tier organizations with skills that can drive a change at the workplace. The company already has clients like British Council, Equality and Human Rights Commission, and the Law Commission. The company is all about making a workplace happy and safe for every employee, by offering platforms to identify and prevent harassment and bullying at workplaces.

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Embold: Static Code Analyzer uses AI to help Developers analyze and improve their code

Embold is a simple but efficient AI-based static code analyzer that can help developers analyze and improve their code. The feature that truly makes it stand apart is its ability to analyze source code across four dimensions: code issues, design issues, metrics and duplication, and surface issues that impact stability, robustness, security, and maintainability.

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Sony has a new ‘AI robotics’ drone division called Airpeak

Sony’s latest division, Airpeak, is described as being “in the field of AI robotics” and will focus on next-generation drones. Despite incidents of reckless flying, drones unlock huge opportunities. We regularly see beautiful photography and videography shot using drones—but, of course, they can do so much more. Sony has built a stellar reputation in media…

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NVIDIA: Monitoring GPUs in Kubernetes with DCGM

Monitoring GPUs is critical for infrastructure or site reliability engineering (SRE) teams who manage large-scale GPU clusters for AI or HPC workloads. GPU metrics allow teams to understand workload behavior and thus optimize resource allocation and utilization, diagnose anomalies, and increase overall data center efficiency.

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