John Reynolds

US semiconductor giant AMD today pledged a £2bn investment into the UK while neocloud Nebius committed £1.7bn to build out AI capacity in the UK.

Turkey’s startup investment deal volume jumped 423 per cent on the year to $2.6bn, new figures show.

Generation Tech Partners will use an AI roll-up strategy to acquire German owner-managed service companies during succession planning and revamp them with AI.

Theker is building AI-native generalist robots for industrial environments.

Those impacted by the cuts held engineering and data roles.

The round sees new investors Index and Iconiq join the cap table.

DeepL has acquired San Francisco-based Mixhalo for an undisclosed sum, as it looks to improve its AI translation offering.

Frontier Health s leveraging AI to carry out administrative tasks which burden the NHS.

The $320m raised will be deployed across two Seedcamp funds- Seedcamp VII and its Select fund.

Nearfield Instruments said the funding round was the largest ever deepdech funding round in the Netherlands.