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UK Awards First Agentic AI Pioneers Prize to Boost Next-Generation AI Innovation

Innovate UK has announced the winners of its inaugural Agentic AI Pioneers Prize, a major step in the government’s strategy to make Britain a global leader in next-generation artificial intelligence. The competition, run in partnership with the Department for Science, Innovation and Technology, attracted over 200 applications from high-growth sectors across the UK, showcasing innovation in healthcare, advanced manufacturing, and the creative industries.

The prize supports the development of “agentic AI” systems, which can act autonomously, collaborate with humans, and manage complex workflows. The top award of £500,000 went to Danu Insights for its Agentic Digital Twin Builder for the Life Sciences platform. The technology enables researchers to simulate biological systems and identify promising experimental pathways, integrating modelling, validation, and experiment planning into a single platform. The judges noted its potential to speed up drug discovery and biomanufacturing while reducing costs and improving sustainability.

Two additional awards of £250,000 were granted to companies in advanced manufacturing and the creative sector. In manufacturing, Singular Machine was recognised for CoEngen, a multi-agent engineering platform that coordinates design processes across disciplines using shared data models. The system allows engineers to optimise complex systems quickly while ensuring traceability and safety standards.

In the creative sector, Tellme received an award for its solution that delivers real-time, personalised museum experiences via smartphones. Visitors can interact dynamically with exhibits and receive tailored information without additional hardware, transforming audience engagement in cultural spaces.

Agentic AI marks a shift from traditional automation toward systems that can take initiative, adapt to changing conditions, and collaborate with human users. Applications extend from industrial design and regulatory compliance to clinical decision-making and immersive digital experiences. The competition demonstrates how these technologies are moving beyond research labs into practical, real-world solutions.

Sara El-Hanfy, head of AI and machine learning at Innovate UK, said the prize aims to help promising companies transition from early-stage innovation to scalable deployment. “Our ambition is to support the companies set to shape the future of agentic AI and unlock its potential to drive growth across key sectors,” she said.

The initiative is part of a broader government strategy to position the UK at the forefront of AI development, particularly in sectors where advanced technologies can deliver economic and societal benefits. By targeting healthcare, manufacturing, and creative industries, the programme aligns with the UK’s industrial priorities, focusing on areas where research strength meets commercial potential.

The Agentic AI Pioneers Prize highlights how UK startups are beginning to translate cutting-edge research into practical applications. For Innovate UK, the challenge will be to ensure these early successes scale into competitive global businesses, reinforcing the country’s standing in the intensifying global race for AI leadership.

Business

Fraudsters are increasingly using AI-generated images and videos to trick people into handing over sensitive personal and financial information, according to FraudSMART, the financial crime awareness initiative operated by the Banking and Payments Federation Ireland (BPFI). The organisation has reported a rise in online adverts promoting fake, State-backed investment schemes. These scams often use fabricated images of well-known politicians and business figures to make the offers appear legitimate and encourage users to click on registration links. Niamh Davenport, head of financial crime at BPFI, said scammers are deliberately exploiting recent media coverage of a planned State-backed savings and investment scheme to give their frauds a sense of credibility. “They often claim the scheme is open to everyone, but that places are limited and being ‘snapped up’ fast, in order to pressure people to act quickly,” she said. “They typically promise guaranteed returns or a guaranteed monthly income.” FraudSMART said that while anyone can be targeted, people in their early 50s are particularly vulnerable to investment scams. This age group is often focused on retirement planning, making them more receptive to financial offers that appear secure or high-yield. According to the organisation, most scams follow a similar pattern. Victims are first directed to click a registration link and complete a short online form providing their contact details. They are then contacted by someone posing as a financial adviser, who urges them to make an immediate “security deposit” to secure participation in the scheme. Once a payment is made, the money is quickly moved through multiple accounts, often overseas, making recovery extremely difficult. Davenport warned that scammers are becoming more sophisticated in their use of technology, particularly AI tools that allow them to create realistic but entirely fake promotional content. These materials are designed to mimic legitimate financial advertisements and build trust with potential victims. Recent figures from An Garda Síochána show investment fraud rose by 20% last year, with losses exceeding €20 million. The scale of individual scams varies widely, ranging from smaller crypto-related frauds involving a few hundred euro to large-scale investment schemes where victims lose tens of thousands. FraudSMART is urging the public to remain cautious when encountering online investment advertisements, especially those promising guaranteed returns or requiring urgent action. It also advises consumers to avoid sharing personal information with unverified sources and to be wary of pressure tactics designed to rush financial decisions. Authorities continue to warn that fraudsters are adapting quickly, using advanced digital tools to target victims across multiple platforms.

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Business

Fraudsters are increasingly using AI-generated images and videos to trick people into handing over sensitive personal and financial information, according to FraudSMART, the financial crime awareness initiative operated by the Banking and Payments Federation Ireland (BPFI). The organisation has reported a rise in online adverts promoting fake, State-backed investment schemes. These scams often use fabricated images of well-known politicians and business figures to make the offers appear legitimate and encourage users to click on registration links. Niamh Davenport, head of financial crime at BPFI, said scammers are deliberately exploiting recent media coverage of a planned State-backed savings and investment scheme to give their frauds a sense of credibility. “They often claim the scheme is open to everyone, but that places are limited and being ‘snapped up’ fast, in order to pressure people to act quickly,” she said. “They typically promise guaranteed returns or a guaranteed monthly income.” FraudSMART said that while anyone can be targeted, people in their early 50s are particularly vulnerable to investment scams. This age group is often focused on retirement planning, making them more receptive to financial offers that appear secure or high-yield. According to the organisation, most scams follow a similar pattern. Victims are first directed to click a registration link and complete a short online form providing their contact details. They are then contacted by someone posing as a financial adviser, who urges them to make an immediate “security deposit” to secure participation in the scheme. Once a payment is made, the money is quickly moved through multiple accounts, often overseas, making recovery extremely difficult. Davenport warned that scammers are becoming more sophisticated in their use of technology, particularly AI tools that allow them to create realistic but entirely fake promotional content. These materials are designed to mimic legitimate financial advertisements and build trust with potential victims. Recent figures from An Garda Síochána show investment fraud rose by 20% last year, with losses exceeding €20 million. The scale of individual scams varies widely, ranging from smaller crypto-related frauds involving a few hundred euro to large-scale investment schemes where victims lose tens of thousands. FraudSMART is urging the public to remain cautious when encountering online investment advertisements, especially those promising guaranteed returns or requiring urgent action. It also advises consumers to avoid sharing personal information with unverified sources and to be wary of pressure tactics designed to rush financial decisions. Authorities continue to warn that fraudsters are adapting quickly, using advanced digital tools to target victims across multiple platforms.

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