News
CommuterClub, a London, UK-based provider of financing for commuters to buy rail travel cards, raised £2.3m in funding. According to reports, the round was led by Indian financial services firm Wadhawan Global Capital (WGC), with participation from existing investors including Peter Jackson, Gavin Casey, Chris Adelsbach and Andy Murray. If you would like to read more on CommuterClub's raise, click here.
Advanced digital technology could give UK manufacturing a huge boost and create hundreds of thousands of jobs, a new report claims.
The independent review, chaired by the head of Siemens UK, highlights the benefits of robotics, 3D printing and artificial intelligence.
To read more, click here.
A comprehensive, data-driven look at global financial technology investment trends, top deals, active investors, and corporate activity. To download the report, click here.
Marketplaces help demand and supply connect and transact, and in return, they extract some value from the transaction. One of the biggest levers that marketplaces have to acquire and retain demand is pricing. When the supply is still scaling and the low price — high demand flywheel hasn’t yet kicked in, pricing is typically hacked and has no correlation with reality.
To read more, click here.
The CEO of Nvidia, Jensen Huang, today boldly announced fully autonomous vehicles will be on the road in “no more than four years.” This may shock some, but there’s an ever-expanding list of companies in agreement. At this point, anyone who doesn’t see driverless cars as imminent is in denial. To read more on how autonomous cars will be taking over the roads, click here.
This week Sophia stood on stage at the Future Investment Initiative summit in Riyadh, Saudi Arabia, and announced she’s been awarded Saudi citizenship. It’s undoubtedly a PR stunt, and one which comes with a dose of sad irony given the robot citizen made its announcement unsupervised and without a headscarf, in a country where millions of women would be locked up doing the same. To read more on robot Citizenship, click here.
1aim, a German startup, is building a “ground up” AI platform for offices that combines physical security with artificial intelligence. From securing the actual locks in the doors, to optimizing conference room usage, the company intends to turn any building into the kind of place Marvel’s Tony Stark might work. To read more, click here.
To read ASOS PLC's full annual report and accounts for 2017 click here.
Dubbed "Piccadilly Lights", the billboard is now actually one giant screen and holds the record as Europe’s largest single digital screen. It also has cameras integrated within it using facial recognition technology than can detect the age, gender and mood of the millions of passers by. The billboard then reacts to that data to display ads accordingly. To read more, click here.
In APAC, Amazon lags behind Alibaba- owned Taobab, which receives 42% of all visitation over a month as compared with Amazon's 34%. Alibaba dominates in China specificially but Amazon has managed to sneak in with 1 in 5 internet users now visiting its site. To read more, click here.