UK-based fintech Cleo, known for its AI-powered budgeting app, has launched its most advanced product to date. Dubbed Cleo 3.0, the new version introduces features such as voice interaction, long-term memory, and improved reasoning capabilities. Barney Hussey-Yeo, Cleo’s founder and chief executive, said Cleo 3.0 is less chatbot and more “conversational AI money coach.” Users can now have real-time voice conversations with Cleo, which the company says makes financial help feel more natural and accessible. “Cleo remembers your goals, learns your habits, and delivers personalised financial guidance previously only available to the wealthy,” said Hussey-Yeo, who founded the fintech in…

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Proton VPN has become the UK’s most downloaded free app, as Britons rush to bypass a new law requiring users to verify their age before accessing websites hosting adult content.  Proton VPN reported a staggering 1,400% surge in UK sign-ups almost immediately after the Online Safety Act came into effect. It is now Britain’s most downloaded free app, overtaking ChatGPT, according to Apple’s App Store rankings. The Switzerland-based virtual private network (VPN) said in a post on X that the surge in interest has been “sustained.” This contrasts with recent short-term spikes, such as when people in France temporarily lost…

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For the first time, a satellite has used onboard AI to autonomously decide where and when to capture a scientific image — all in under 90 seconds, with no human input. The technology, called Dynamic Targeting, was tested by NASA’s Jet Propulsion Laboratory (JPL) earlier this month. It was installed aboard a briefcase-sized satellite built and operated by UK-based startup Open Cosmos, and carried a machine learning processor developed by Dublin-based firm Ubotica.   In the test, the satellite tilted forward to scan 500km ahead of its orbit and snapped a preview image. Ubotica’s AI quickly analysed the scene to check…

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Swiss startup Jua has launched an AI weather model it says outperforms leading systems from tech giants — potentially making it the most accurate forecaster in the world. Jua claims its model — dubbed EPT-2 — is faster and more accurate than both Microsoft’s Aurora and Google DeepMind’s Graphcast. In separate, peer-reviewed studies, both of those models were shown to be more accurate than the European Centre for Medium-Range Weather Forecasts (ECMWF)’s ENS forecast, widely regarded as the world leader. Jua backs up its bold claims with a new report, published today, that puts EPT-2 head-to-head with top-tier models — including…

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Swedish AI startup Lovable says it has surpassed $100mn in annual recurring revenue (ARR) just eight months after launch. This makes it the fastest-ever software company to reach the milestone — eclipsing the historically rapid growth rates of companies such as Cursor and Wiz.  Lovable’s rise stems from the popularity of its generative AI platform. The system allows non-technical users to build apps or websites based on simple text prompts.  The platform is the brainchild of Anton Osika, who co-founded Lovable in 2023. “I decided what we needed to do is build for the 99% who do not create software,” he…

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