Tech news on Wednesday, October 14, 2026
In Tech on Wednesday, October 14, 2026: Free AI software substitutes, UK VC fund, smartphone slump. Also: Some AI apps now offer free alternatives to paid Big Tech software products; The UK's £500M sovereign venture fund invested in security startup Augur.
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Headlines
- The UK's £500M sovereign venture fund invested in security startup Augur.Tech.eu
- Kenyan space startup Satlyt raised US$8 million to expand its orbital AI network.The Kenyan Wall Street
- A London tech company received federal funding to develop AI diagnostics software.CTV News
- AI startup Parallel Loop raised $6.6 million in seed funding led by 3one4 Capital.Indian Startup News
- A new FedEx report finds software-defined cars are reshaping the auto industry.Ynetnews
- Global smartphone shipments in the third quarter were the weakest in 14 years, amid a memory shortage.The Indian Express
- An Israeli AI startup with six employees, founded a year earlier, was acquired for an estimated $100 million.CTech
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