As generative AI continues to evolve at a rapid pace, programmers face a new challenge: mastering meaningful artificial intelligence. It seems that every workplace is pushing towards leveraging the technology — some with more consideration and ethics than others. From task forces to entirely new teams, everyone from scrappy startups to tech behemoths wants a piece of the AI action. A quick look around reveals why: while global stock market... Read more ›
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A group of six entrepreneurs and angel investors have announced today the launch of their first fund, aiming to support Dutch early-stage tech startups. Named the Dutch Operator Fund I, it has raised €2mn in capital. The amount is provided by the team itself, as well as a loan from the Seed Business Angel scheme of the Netherlands Enterprise Agency (RVO). Investments will range between €75K and €200K, with the... Read more ›
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The Dutch data protection authority (DPA) has hit Uber with a €290mn fine for transferring personal European driver data to the US. According to the DPA, the transfers constituted a “serious violation” of the EU’s GDPR, as they failed to provide the necessary safeguards for data storage outside the block. Following an investigation, the DPA found that, between August 2021 and November 2023, Uber was transferring and storing sensitive data... Read more ›
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What’s your work from home situation like these days? For Andriy Klen, co-founder and CFO of smart device startup Petcube, it is not only email notifications popping up on his laptop screen, but also incoming missile alerts. He pauses our conversation to follow the rocket’s calculated trajectory, before being notified that it has disappeared from the radar. We continue our call, he from Kyiv, and I from our office in... Read more ›
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In recent years, there have been several attempts at building a hydrogen boat. But UK startup Drift is navigating new territory with a vessel that isn’t hydrogen-powered, but hydrogen-producing. Drift is developing an autonomous yacht capable of making green hydrogen at sea. It could offer a quicker, more efficient way to produce and transport the fuel, especially in remote regions. “One of our main advantages is that we can service... Read more ›
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Meta’s CEO Mark Zuckerberg and Spotify’s CEO Daniek Ek have taken aim at European lawmakers for enforcing “stifling” and “inconsistent” regulation that hampers the growth of tech companies. “Instead of clear rules that inform and guide how companies do business across the continent, our industry faces overlapping regulations and inconsistent guidance on how to comply with them,” wrote the pair in an op-ed Wednesday. “Without urgent action, Europe will miss... Read more ›
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Today, divers recovered the body of tech entrepreneur Mike Lynch from the wreckage of his family’s superyacht Bayesian, which sunk off the coast of Sicily on Monday. Lynch — sometimes referred to as “Britain’s Bill Gates” — was holidaying in Sicily with his family and friends when disaster struck. An intense storm caused the Bayesian to capsize, plunging it to the bottom of the Mediterranean within minutes. Of the 22... Read more ›
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Space has become a crowded place. Astronomers estimate that over 10,000 active satellites were in orbit last month — four times as many as just five years ago. The surge in launches has ignited excitement about a new space race. But the cosmic traffic may be heading for a catastrophic crash. Back on Earth, the UK’s Space Operations Centre is tracking the threats with growing alarm. In July alone, the... Read more ›
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The bodies of British tech entrepreneur Mike Lynch and four others have been recovered from the wreckage of the superyacht Bayesian, the Financial Times reports, citing Italian officials. Lynch, his 18-year-old daughter Hannah, and four others have been missing since Monday, after an intense storm struck the Bayesian, causing it to sink off the coast of Sicily. A total of 22 people were on board, 15 of whom were rescued,... Read more ›
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Up Catalyst has closed a €2.36mn seed extension round to accelerate the development of an industrial pilot reactor that turns CO2 emissions into carbon materials. According to the Tallinn-based startup, the reactor will be able to produce 100 tonnes of CO2 per year. These can deliver 27 tonnes of advanced carbon materials, such as carbon nanotubes and graphite — a key component of EV batteries. The company’s technology isolates CO2... Read more ›
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Dutch philosopher Baruch Spinoza’s ideas on religion, ethics, and human freedom laid the foundation for many of the basic morals and values of modern society. And now you can tap some of the 17th century philosopher’s old-school wisdom straight from your smartphone. Today, the Dutch Humanist Association launched a WhatsApp chat where a Spinoza-inspired chatbot can provide answers to your most pressing questions. Is humanity doomed? Are we alone in... Read more ›
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Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Ioanna and Andrii talk about the international expansion of Bolt, the benefits of Europe’s big tech regulation, the recent blue moon appearance, electric vehicles in Norway, and more. You’ll also... Read more ›
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In a UK first, drones have successfully delivered blood packs, flying beyond the visual line of sight, where the pilot can no longer see them as they travel. The flights were part of a joint trial between the NHS and healthcare logistics startup Apian. Its aim was to test the viability of blood samples following drone transport. To do this, the research team sent 10 identical blood packs between Northumbria... Read more ›
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In March, a plane transporting UK defence minister Grant Shapps to Poland had its GPS signal jammed as it flew near Russian territory. While the disruption forced the plane to use alternative ways to navigate for over half an hour, the British aircraft was most likely not the intended target. Russia regularly jams satellite signals to disrupt enemy equipment — from drones to tanks. These attacks often spill over to... Read more ›
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Europe’s Juice spacecraft has completed the world’s first lunar-Earth flyby. The Jupiter Icy Moons Explorer — aka Juice — harnessed the gravity of Earth to sling itself in the direction of Venus. The route will provide a shortcut to Jupiter through the inner Solar System. Juice made it closet approach to the Moon at 23:15 CEST on August 19. Gravitational forces then guided the spacecraft towards a closest approach to... Read more ›
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The European Commission today approved €5bn in German state aid to support TSMC’s chip plant in Dresden — its first in Europe. Dubbed European Semiconductor Manufacturing Company (ESMC), the fab is a joint venture between the Taiwanese chip giant, the Netherlands’ NXP, and Germany’s Bosch and Infineon. TSMC will own 70% of the factory, while the European chipmakers will each have a 10% equity stake. The €5bn state aid is... Read more ›
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A rocket engine has exploded during tests for a landmark space flight from the UK. The fire erupted at SaxaVord Spaceport, which aims to host the first vertical launch into orbit from Western Europe. German startup Rocket Factory Augsburg (RFA) has exclusive access to the spaceport’s first launch pad. On Monday evening, RFA planned to complete a nine-engine test of its launch vehicle. But disaster soon struck. At 22.42 CEST,... Read more ›
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Robot coaches that read brain signals could pave a new way for the rehabilitation of stroke and brain injury survivors. That’s according to the EU-funded VITALISE project, led by researchers from the UK’s National Robotarium and developed in partnership with the AIT Austrian Institute of Technology. The three-month trial, which was completed in Vienna, targeted individuals with upper limb impairments. These affect approximately 80% of acute stroke survivors and are... Read more ›
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SportAI has grand plans for tennis analytics. The startup wants to not only enhance a player’s technique, but also the racket they swing. The Norway-based business analyses sports footage in real-time. It then delivers instant, personalised feedback. For tennis players, the system serves up coaching advice. For racket makers and retailers, the insights can return product recommendations. “The AI analyses a player’s technique, identifying specific needs based on their style... Read more ›
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Female-led Apheros has raised $1.85mn to tackle a pressing problem for the tech sector: the exponential energy consumption of data centres. Data centres are the foundation of our digital infrastructure,housing the servers, data storage systems, and networking equipment necessary to power everything online. They’re also critical for the development of emerging technologies, such as AI and high performance computing (HCP), which are driving up energy demand. According to the International... Read more ›
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27.11.2024 07:36
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