H&M wants to make clothing from CO2 using this startup’s tech
Rubi has developed an enzymatic process to turn carbon dioxide into cellulose that's ready to be spun into lyocell or viscose.
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Car Park Firm NCP Collapses, Nearly 700 Jobs at Risk
NCP, a major car park operator, has announced its collapse, putting nearly 700 jobs at risk. The company cites a failure to recover parking demand to pre-Covid levels as a key factor in its decision.
UK sets target to boost steel making and cut imports
Up to half of steel used in Britain should be made there, the government says, as it announces its steel strategy.
Iran Targets Key UAE Oil Port and Dubai Airport
Iran has targeted the port of Fujairah, a vital hub for global oil supplies, and Dubai airport. This escalation highlights the strategic importance of these locations in maintaining oil flow, especially when the Strait of Hormuz is blocked.
PM Says UK Collaborating with Allies to Reopen Strait of Hormuz
The UK government is actively collaborating with international allies to develop a strategy for reopening the Strait of Hormuz. This initiative follows President Trump's request for countries to send warships to safeguard this crucial shipping route.
Alcohol-Free Beer and Pet Grooming: New Measures of Inflation
Alcohol-free beer and pet grooming services are now part of the basket used to measure inflation. This addition reflects changing consumer preferences and the rising cost of living.
Firms to Receive Payments for Hiring Unemployed Youth
New proposals aim to address youth unemployment by offering firms £3,000 for each young person they hire. This initiative targets individuals aged 18-24 and seeks to boost job opportunities for the unemployed.
Ukraine's Urgent Fight on the Financial Frontline
Ukraine is actively seeking essential financial support from the IMF and EU to stabilize its economy. The country is also implementing tax increases as part of its strategy to secure funding during these challenging times.
Google and Accel India Accelerator Select 5 Startups, No AI Wrappers
Google and Accel India have chosen five startups for their Atoms cohort, emphasizing that none are merely 'AI wrappers.' This decision comes after reviewing over 4,000 applications, where they noted that around 70% of pitches were AI-focused but lacked substance.
PM to Unveil Support Plan for Rising Heating Oil Costs
Households have been significantly affected by the increase in heating oil costs linked to the ongoing US-Israeli conflict with Iran. The Prime Minister is expected to outline a support plan to assist those impacted.
Rebel Audio is a new AI podcasting tool aimed at first-time creators
Rebel Audio is a new all-in-one podcasting tool that allows creators to record podcasts, edit, clip content for social, and publish episodes, all without ever leaving the platform.
Pay growth at lowest rate in more than five years
Annual earnings grew at an annual rate of 3.8% in the November to January period, the Office for National Statistics says.
Littlebird raises $11M for its AI-assisted ‘recall’ tool that reads your computer screen
Littlebird is building an AI that reads your screen in real time to capture context, answer questions, and automate tasks, without relying on screenshots.
AI startups are eating the venture industry and the returns, so far, are good
AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share.
Startup Gimlet Labs is solving the AI inference bottleneck in a surprisingly elegant way
Gimlet Labs just raised an $80 million Series A for tech that lets AI run across NVIDIA, AMD, Intel, ARM, Cerebras and d-Matrix chips, simultaneously.
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