Nvidia has announced plans to invest over $100M in its Cambridge-1 supercomputer, as it seeks favour with UK regulators for its $40B takeover of chip designer Arm. The pledge marks an increase from the previous plans of $55M for the supercomputer, which will be located at Kao Data campus in Harlow and include 80 Nvidia DGX A100 systems, totalling 400 petaflops of AI computation power, or eight petaflops of standard Linpack.
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Fred Fullerton
28.06.2021
The pandemic has had a dramatic impact on all businesses. From companies having to shift their operations online, to workforces suddenly being made remote, all organisations and workers have been affected in one way or another. And these changes have had a significant knock on effect on workforce skills.
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Dan Tesnjak
25.06.2021
Every week, Maddyness brings you the latest investment news from the UK startup ecosystem. Here's a recap of this week's investments.
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Maddyness UK
25.06.2021
Future VC, an internship programme launched by Diversity VC, has launched in the United States. On the same day the US programme was launched, Future VC’s third cohort in the UK was announced. The newest group to participate is its most diverse yet.
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Abby Wallace
24.06.2021
As the world moved online, 2020 saw a surge in cross-border ecommerce. As the trend is set to continue, Checkout.com has launched a New State of Retail Report to help navigate emerging patterns in pan-European retail and payments.
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Maddyness UK
24.06.2021
The UK financial industry faces a wave of disruption. Customers are demanding digital, personalised and seamless client experiences. Meanwhile, regulators are driving best practice around data security and industry professionalism to ensure clients’ prized assets are kept in safe hands.
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Thomas Lowe
24.06.2021
Ecosystem builders are often the behind-the-scenes figures we do not see. But DEEP Ecosystems’ new Accelerator programme aims to combat this by providing builders with professional training and networking opportunities with their global counterparts.
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Abby Wallace
23.06.2021
Since 2015, the OVHcloud Startup Program has facilitated the growth of over 2,000 startups and scaleups. Maddyness is interviewing its participating founders, and today we speak to Dr Sarah Campbell, founder and CEO of Play Well for Life.
23.06.2021
Your initial fundraise should be treated and run similarly to any good sales process. Utilising both your personal and professional network, you can begin to fill the middle of your funnel quite quickly with warm leads. For the top of the funnel and colder leads, a good old fashioned outbound strategy will help you qualify investor leads and build momentum for your round.
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Maddyness UK
23.06.2021
‘I want my company’s name everywhere!’ This often-heard cry from CEOs of early-stage companies is guaranteed to strike fear into the heart of a newly installed PR lead. With such lofty, all-encompassing (and unfocused) PR goals, it is pretty much impossible to know where to start. This is especially true if a company is relatively new and struggling to be heard in a noisy business environment.
22.06.2021
Tech hiring has hit a five year high according to job search engine Adzuna, with 132,000 open vacancies per week in May. That means tech jobs now make up 12% of all open UK vacancies.
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Abby Wallace
22.06.2021
The UK tech sector has recently hit 100 unicorns. AI startup, Tractable secured enough funding in a Series D investment to push itself to £1B in valuation, simultaneously pushing the UK tech sector to its new milestone.
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Abby Wallace
22.06.2021
When my startup signed its first subscription customer, it was a good day. When my startup signed its 100th subscriber, it was a better day. But then I started thinking, now what?
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Joe Procopio
22.06.2021
A climate law that would introduce a higher surcharge on car fuels and a levy on flight tickets has been rejected by a majority of Swiss voters. In a national referendum, 51.6% of voters opposed the plan. The government, which supports the bill, said it would be difficult for the country to reach net zero emissions by 2050 and to comply with the Paris Agreement on climate change without the legislation’s measures. The government will continue to work with the public to develop climate policies, said the environment minister, Simonetta Sommaruga.
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Nick Jardine
21.06.2021
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