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EPIC Centre, Torbay

Torbay firm raises $22m to reduce energy consumption of AI data centres

Oriole Networks , a member of Torbay's EPIC Centre, has raised an additional $22 million from leading investors to further scale its “super-brain” solution.

The company uses light to train large language models with a fraction of the usual AI energy consumption.

The investment round was led by Plural with all existing investors – UCL Technology Fund, XTX Ventures, Clean...

Nesti team

Nesti closes pre-seed funding round

Nesti, a UK-based sales tech AI startup, celebrates closing its pre-seed funding round early.

Nesti, a platform designed to equip sales development teams to exceed their targets with personalised outbound videos at scale, has secured £250,000 in a competitive pre-seed funding round, led by SFC Capital. This investment will help Nesti maintain its pace of innovation, build out its...

Bristol

UWE Bristol embraces AI technology to enhance feedback analysis

The University of the West of England (UWE Bristol) has modernised its approach to analysing student feedback by implementing Explorance MLY, an advanced AI-powered analytics tool.

This move aims to streamline the process of evaluating qualitative feedback from institutional programme evaluations, the National Student Survey (NSS), and the Postgraduate Taught Experience Survey (PTES...

Bristol

Angel Investors Bristol completes third deal with investment in distil.ai

Angel Investors Bristol (AIB), a leading angel investment group in the South West of England that launched in Autumn 2024, has announced its third deal in the space of just six months.

AIB’s latest investment is in Big Business Intelligence Limited (trading as distil.ai). distil.ai is an Exeter-based company that uses data science and AI to aggregate numerous and disparate data...

Plymouth Marjon University

Plymouth Marjon University adds AI-powered Studiosity+ to its student support service

Plymouth Marjon University has adopted Studiosity’s new AI learning technology to give students formative feedback on their written work within minutes, in a further enhancement to its 24/7 study skills service.

Studiosity+ , which launched in February, provides fast, ethical and equitable delivery of academic writing feedback to all students, supporting satisfaction, completion and...

conference

Shadow Minister for AI and Intellectual Property to deliver keynote talk at South West AI conference

The South West Business Council (SWBC) has announced that the Shadow Minister for Artificial Intelligence (AI) and Intellectual Property, Matt Rodda, will deliver the keynote address at their conference: ‘Harnessing the Power of AI: Meeting the Challenges’ on 16th February 2024 at the Great Hall, University of Exeter.

The event, co-sponsored by tech giants Microsoft, specialist law...

Pipeline

Revolutionising the Future of Energy: Klarian's AI and analytics tech redefines pipeline efficiency, paving the way for a low-carbon future

Leading innovator in pipeline technology, Exeter-based Klarian , has released details of its transformative AI solution, that has the potential to dramatically reduce carbon emissions associated with critical national infrastructure.

The solution takes a hybrid approach to pipeline condition monitoring and anomaly detection by combining physics-based insights with machine learning...

London

The UK’s AI strategy: South West tech leaders share their thoughts

The UK Government announced this month its intentions to host “the first major global summit on AI safety” in September.

SWTD has spoken to prominent AI experts in the South West to share their views.

“Breakthroughs from AI continue to improve our lives”, the Government announcement states, “from enabling paralysed people to walk to discovering superbug-killing antibiotics....

London

Membership organisation to support diversity in AI set for London launch

Diverse AI, a membership organisation dedicated to supporting and growing diversity in the field of Artificial Intelligence, is organising its launch event in London on 21 June at Curve Club, Westland Place, in the heart of London.

The event promises an interactive evening where attendees will hear from the organisation’s founder, Toju Duke, on Diverse AI’s vision for an inclusive AI...

Artificial intelligence has been revealed as the most significant tech trend in 2023

AI revealed as hottest tech trend of 2023

Artificial intelligence (AI) has been revealed as the most significant tech trend in 2023, according to a survey of over 100 business leaders in the South West.

The Tech From The Edge Report , published by Tech South West, reveals current trends, challenges and opportunities in the region’s tech sector.

According to the report, 68% of business leaders believe AI to be the...

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