Wales tech roundup: AI shines but businesses remain sceptical – UKTN


Welsh innovation was on full show this month, with hundreds of people descending on Cardiff for the 2024 edition of the highly respected Wales Technology Awards. Held every year, the Wales Technology Awards is a glamorous affair and can be easily described as the Oscars of the Welsh technology industry.

This year’s ceremony was held on March 22nd at Mercure Cardiff Holland House Hotel & Spa and was hosted by BBC Wales news presenter Jennifer Jone. Given the continued hype surrounding AI, it’s no surprise that the coveted Sir Michael Moritz Tech Startup Award—named after Cardiff-born billionaire and iconic venture capitalist Michael Moritz himself—went to Optimise-AI.

The Cardiff-based company, founded by Nick Tune and Yacine Rezgui in 2023, uses AI and digital twin technology to lower the energy use and carbon footprint of non-domestic buildings. Other Welsh tech companies and entrepreneurs to pick up awards were Finalrentals, Matthew Davies of The Social Work Way, Sameer Rahman of DataMonet, Soulindata, Credit Canary, Animated Technologies, Butterfly Data, Clear_Pixel VR, and Electric Pocket….

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