News
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LDC, the private equity investor which is part of Lloyds Banking Group, has exited its investment in Hill Biscuits to Cerealto UK, a portfolio company of Davidson Kempner Capital Management and Afendis Capital Management, following a successful long-term partnership. Financial terms of the transaction are not disclosed. Hill Biscuits was founded in 1855 by Sarah…
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Sondrel, a leading provider of ultra-complex custom chips for leading global technology brands, has optimised its SFA 100 to make it ideal for battery-powered, AI at the Edge applications. The SFA 100 is one of the five architectural platforms in the company’s Architecting the Future chip design platform which provides a ready-made design baseline that…
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Image credit: Pixabay Increasing investment in and use of generative AI in the energy and utilities sector is revealed in new research from Capgemini. Of the organisations surveyed in the sector almost one quarter indicated they had enabled generative AI in some or all of their functions and/or locations in the current year, compared with…
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Image courtesy 123rf Schneider Electric has announced its training programme in the UK and Ireland, aiming to unify specialist academies, courses and digital campuses into a holistic offering. The tech major’s move is in response to the chronic skills gap in engineering and the vital role that training plays in addressing the growing complexities associated…
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Twinings is unveiling a vibrant new range of Fruit Coolers, launching in two flavours – Peach and Tropical. Harnessing 300 years of innovation and expertise at Twinings, the new Fruit Cooler range – specially crafted to be brewed hot and enjoyed chilled – provides a new way to enjoy Twinings’ infusions, offering delicious, caffeine-free summer…
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Image courtesy Star Catcher Star Catcher Industries, a Florida-based startup focusing on space-based energy generation, has closed a $12.25 million seed round to construct what they are calling the world’s first space-based energy grid. Once constructed, the Star Catcher Network will be a first-of-its-kind energy grid, says the startup in a release, able to beam…
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Despite the UK wasting approximately 9.5mn tonnes of food every year, the food and farming sector has placed 3rd out of 7 sectors for its AI-maturity, new data from government partner BSI reveals. Beating retail, built environment, healthcare and mobility. The study reveals that Chinese and Indian businesses are set to leave their UK counterparts…
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Image: Gas Networks Ireland Ireland’s gas network operator Gas Networks Ireland has set out plans to deliver a repurposed, resized and fully decarbonised gas network by 2045. The basis of the plan is to repurpose the existing gas network into two networks to transport 100% renewable gas, one dedicated to biomethane accounting for about one-third…
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UK antenna specialist Novocomms has commenced an R&D project to develop a next generation positioning, navigation and timing (PNT) antenna system for use in space. With a grant from UK agency Pivot into Space, the Birmingham-based antenna business will be leveraging its existing antenna know-how to develop a proof-of-concept demonstrator by the end of this…
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Seika Machinery, Inc., a leading provider of advanced machinery, materials and engineering services, is proud to introduce the Sayaka SAM-CT3SLA Semi-Auto Desktop Dry Slicer, designed to streamline operations with precision and efficiency. This state-of-the-art dry slicer is perfect for prototyping and high-mix/low-volume production needs, ensuring high-quality output and superior performance every time. The Sayaka SAM-CT3SLA…
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