The fight against “fake news” appears to have overwhelming support in the EU. According to a new study, 85% of the bloc’s citizens want policymakers to take more action against disinformation, while 89% want increased efforts from platform operators. Just 7% do not feel that stronger responses are required. The findings emerged from surveys by Bertelsmann Stiftung, a pro-business German think tank with close ties to the EU. Across the... Read more ›
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When it comes to saving the world — or, let’s face it, civilisation, the planet will recover — there is no silver bullet. Rather, it is going to take a holistic approach of caring for the Earth and each other. A technological revolution got us into this pickle. Ironically, technology might just be the Hail Mary that will pull us, if not entirely out of it, then at least away... Read more ›
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Britain has expanded its principles-based approach to AI regulation, which aims to create a pro-innovation edge over the EU. In an announcement yesterday, the UK government unveiled seven new principles for so-called foundation models (FMs), which underpin applications such as ChatGPT, Google’s Bard, and Midjourney. Trained on immense datasets and adaptable to various applications, these systems are at the epicentre of the AI boom. Their power has also sparked alarm.... Read more ›
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Dutch packaging and materials manufacturer Avery Dennison has opened what it claims to be Europe’s largest concentrated solar thermal platform and storage unit at its factory in Turnhout, Belgium. The new thermal solar energy plant comprises 2,240 surface mirrors, with a peak energy yield of 2.7GWh thermal power. It also contains six thermal modules that store energy for when the sun isn’t shining. Concentrated thermal solar power harnesses sunlight by... Read more ›
9
“Should I bother going for this job at all? I’ve never managed anyone.” Clients regularly ask this and my answer tends to be, “Yes, of course you should.” A quick glance at a job spec will tell you why. You may not have headed up a team of software engineers but you have most likely done something along the way that proves you could. Good managers are, first and foremost,... Read more ›
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ZeroAvia, one of the leading zero-emission aviation companies in the world, just announced its largest financing round to date. The funding round was co-led by Airbus, Barclays Sustainable Impact Capital, and NEOM. Other participants included Bill Gates’ Breakthrough Energy Ventures, Alaska Airlines, and the Amazon Climate Pledge Fund. No exact funding amount has been disclosed due to legal reasons, but a spokesperson for the startup confirmed to TNW that it... Read more ›
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Europe’s dawdling on the Ariane 6 is becoming increasingly costly as the new era of space race exploration — and exploitation — heats up. The Exploration Company, based in Bordeaux and Munich, has just signed an agreement with the Indian Space Research Organisation (ISRO), in service of its aim of making it to the Moon by 2028. The startup will partner with ISRO’s commercial arm, New Space India Limited (NSIL),... Read more ›
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European startups got just $1bn of the €22bn that VCs have invested in generative AI since 2019, according to data from Dealroom. Unsurprisingly, American companies attracted the bulk of the money. A whopping $20bn — 89% of the global total — went to US startups. Their Asian counterparts raised only $790mn, while the rest of the world combined bagged just $454mn. Dealroom’s data collection ended on July 10, 2023. US... Read more ›
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Two spacecraft have taken a giant leap towards revealing why the Sun’s atmosphere is so damn not. The collaboration between NASA and the European Space Agency (ESA) explored an enduring mystery. In theory, the sun’s atmosphere — the corona — should be cooler than its surface. This is because the Sun’s energy comes from the nuclear furnace in its core. As the corona is further away from this heat source,... Read more ›
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Driver monitoring systems (DMS) that assess alertness behind the wheel are rapidly becoming the leading automotive safety feature across the globe. In the EU for example, vehicle safety regulator EuroNCAP is requiring all new cars to incorporate a DMS in order to comply with its safety rating. Amidst this push, startups are benefiting from business opportunities in the DMS space, offering solutions that range from heartmetrics to onset sleep detection.... Read more ›
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Yesterday we reported that UK chip design company Arm was valued at just above $50bn before going public on the Nasdaq stock exchange. At the end of the day, the share price had jumped by close to 25% above the debut price. It rose from $56.10 to $63.59 — much higher than the $51 presented on Wednesday. This made it the largest public listing in the US in nearly two... Read more ›
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And thus, after months of anticipation and speculation, the day of Arm’s IPO is upon us. The SoftBank-owned chip design company will begin trading in New York today, Thursday, with shares priced at $51 (€47.51) apiece. This gives Arm a valuation of $52.3bn (€48.7bn). Japanese SoftBank intends to hold onto just above 90% of the company. Still, the heavily oversubscribed round is set to raise about $4.9bn for Arm’s owners.... Read more ›
14
X Shore, Sweden’s award-winning electric boat manufacturer, is launching its third model — and the first one dedicated to maritime professionals. Dubbed X Shore Pro, the electric vessel has been designed for companies and organisations with operations ranging from shuttle services and diving to commercial traffic and coast guards. Notably, one of the first boats sold will transport students to school in the Swedish archipelago. The X Shore Pro represents... Read more ›
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Amid the increasing commercialisation of space tech, Ubotica has partnered up with IBM to simplify the use of AI applications on board low-Earth-orbit (LEO) satellites. Founded in 2016, the Dublin-headquartered startup provides its CogniSAT edge computing platform for artificial intelligence systems on satellites, which enables AI inference to be performed on data directly in space. This is with the aim of addressing a pressing challenge: the costly and time-consuming storage... Read more ›
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Treefera says it wants to transform the accuracy, transparency, and efficiency of the carbon offset industry with AI and data from a trillion trees across the globe. It just received a vote of confidence in the form of a €2mn seed round led by Concept Ventures and participation from the CTO of Intel, among others. The practice of voluntary offsetting has faced criticism from various quarters, with concerns ranging from... Read more ›
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Europeans have become “pioneers in online rights” and now want to lead a “global framework for AI,” the EU’s top official said today. Ursula von der Leyen, the European Commission’s president, revealed the bloc’s digital plans during her State of the Union address in Strasbourg. She used the speech to flaunt the achievements of her three-year reign. A particularly large spotlight was shone on her tech policies. “We have set... Read more ›
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Fintech funding in Europe has been greatly affected by the challenging economic environment, the latest report by Finch Capital has found. Specifically, startups in the sector raised a total of €4.6bn in the first half of 2023 — down 70% from €15.3bn in H1 2022. “Since mid-2022 we have seen an increase in investment discipline in public and private markets, resulting in less funding, lay-offs, less IPOs, flight to quality,... Read more ›
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Climate change anxiety is real, and it can cause feelings of powerlessness, or even apathy. While it is true that no soggy straws in the world will help as long as billion-dollar industries keep indiscriminately pumping oil out of the ground, it is also false to believe that our individual efforts do not matter. In a new game published last week, called The Time is Now: Toolkit for Change, the... Read more ›
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Single-glazing. Old electric-powered heat emitters. Walls with hardly any insulation. Damp throughout the ground floor. Welcome to Europe. While these problems vary in prevalence from country to country, even nations rated highly in assessments of household energy efficiency have room for improvement. Sweden, for instance, often does very well in such analyses. But for Magnus Petersson, cofounder and chief executive of Stockholm-based Dryft, there’s plenty of work still to do.... Read more ›
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New iPhones always arrive with upgrades, but this year’s crop will feature one improvement that Apple didn’t want to make. As a result of new EU rules, the US tech giant is set to ditch its Lightning charging cable for a USB-C wire. The entire range of iPhone 15s is expected to make the transition. Full details will be revealed at Apple’s Wonderlust event, which begins at 19:00 CEST today.... Read more ›
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06.05.2026 22:12
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