Oxford University retains No. 1 spot for spinouts

The 2023 Spotlight on Spinouts report once again underlines Oxford’s leading position in spinout creation. The report underlines Oxford Science Enterprises’ positive impact on Oxford’s spinout community, while investments into Oxford spinouts remain high, despite UK-wide downturn.

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Oxford spinout Lumai secures £1.1m grant to power optical computing revolution

Lumai, a spinout from the University of Oxford, has secured a £1.1m Innovate UK Smart Grant to develop all-optical neural networks for high-performance computing and machine vision. The grant will help Lumai develop its vision to build ONNs that could be the solution to the explosive increase in computational demand to support breakthrough AI models such as ChatGPT.

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