OpenOcean stories
UK's injects GBP £500 million into quantum computing
Tue, 24th Jun 2025
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openocean
The UK’s new Industrial Strategy pledges GBP £6.6bn to the British Business Bank and GBP £500m for quantum computing to boost tech innovation and growth.
NIST unveils first post-quantum cryptographic algorithms
Wed, 14th Aug 2024
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openocean
NIST has released its pioneering suite of post-quantum cryptographic algorithms, urging institutions to swiftly adopt these standards to safeguard against imminent quantum threats.
How will Labour address UK's innovation challenges?
Fri, 9th Aug 2024
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openocean
Experts are weighing in on how the UK Labour government might address the nation's innovation challenges, and what it means for businesses.
UK govt announces £32 million in funding for new AI projects
Thu, 8th Aug 2024
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openocean
In a move to bolster AI innovation, the government announced funding for 98 new AI projects, allocating £32 million to help drive efficiencies.
UK AI startups outside London secure higher average funding
Wed, 7th Aug 2024
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New data from the University of Oxford and OpenOcean challenges London's dominance in AI startup funding, revealing higher average funds per startup in South West England.
United Kingdom to introduce stricter AI Bill in King's Speech
Thu, 18th Jul 2024
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The UK government announced an AI Bill in the King's Speech, aiming to shift from flexible frameworks to binding regulations ensuring responsible AI use.
OpenOcean reveals 13 new unicorns with 2023 Automation Market Map
Thu, 26th Oct 2023
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openocean
New data shows private investment in enterprise automation firms has already exceeded 2022, as Europe continues to trail the US.