DeepSeek sent ripples through the global tech landscape this week as it soared above ChatGPT in Apple’s app store. The meteoric rise has shifted the dynamics of US-China tech competition, shocked global tech stock valuations, and reshaped the future direction of artificial intelligence (AI) development. Among the industry buzz created by DeepSeek’s rise to prominence, one question looms large: what does this mean for the strategy of the third leading... Read more ›
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DeepSeek proves that Silicon Valley can’t monopolise AI innovation, according to a European AI entrepreneur. Muj Choudhury, the CEO and co-founder of British voice processing startup RocketPhone, welcomed DeepSeek’s rapid rise. He hopes the Chinese company signals a shift in the balance of AI power. “AI development has long been dominated by Silicon Valley’s powerful VC firms, which wield immense influence by pouring vast sums into the technology and shaping... Read more ›
0
Spanish tech star TravelPerk has raised a whopping $200mn and sealed the acquisition of expenses platform Yokoy. The investment values TravelPerk at $2.7bn — almost double last year’s $1.4bn valuation. The business travel giant said the funds would fuel further product development and expansion into the US. European VC firm Atomico led the Series E investment. Alongside the cash injection, TravelPerk announced the purchase of Yokoy, a Swiss startup that’s... Read more ›
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Swedish startup Adsorbi has secured €1mn to ramp up production of a cellulose-based material that sucks up pollutants from the air. Metsä Spring, the venture arm of the Finnish forestry giant, led the funding round alongside Chalmers Ventures and Jovitech Invest. “We are planning to launch the pilot plant in June and we will be equipped to meet our customer demands while maintaining consistent quality,” Hanna Johansson, CEO of Adsorbi,... Read more ›
5
Remember when spotting a drone in the sky was a novelty? Now it’s like playing whack-a-mole with flying machines. Delivery drones, military drones, AI drones, hobby drones — our skies are busier than the queue at airport security. Without air traffic control, we’re one step away from midair collisions and drones arguing over parking spots. Enter AirDodge, a Norwegian startup that’s stepping in to tame the chaos. The Oslo-based company... Read more ›
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Stunning AI advances from Chinese startup DeepSeek have sent tech stocks tumbling across the US and Europe. DeepSeek released a free chatbot and new open-source AI models last week. Within days, the chatbot had overtaken ChatGPT to reach the top spot on the Apple App Store’s free app rankings. The new R1 models sent further shockwaves through the AI world. R1 promised performance to rival OpenAI top’s reasoning model —... Read more ›
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The practice of medicine has undergone an incredible, albeit incomplete, transformation over the past 50 years, moving steadily from a field informed primarily by expert opinion and the anecdotal experience of individual clinicians toward a formal scientific discipline. The advent of evidence-based medicine meant clinicians identified the most effective treatment options for their patients based on quality evaluations of the latest research. Now, precision medicine is enabling providers to use... Read more ›
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Right now, there’s at least one nuclear-power, nuclear-armed submarine stealthily patrolling the waters off the UK. The sub is powered by a nuclear reactor, so it can cruise undetected for over 20 years without refuelling. Oh, and it’s also armed with eight nuclear warheads — each six times more powerful than the atomic bomb dropped on Hiroshima. Since 1969, the Royal Navy has kept at least one of these fission-powered... Read more ›
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Donald Trump’s big AI announcement has turned heads on both sides of the Atlantic. Trump revealed this week that OpenAI, SoftBank, and Oracle have formed a joint venture — called Stargate — that will invest $500bn in AI infrastructure. The companies said $100bn of the funding was available immediately. The rest would be deployed over the next four years. Trump billed Stargate as “the largest AI infrastructure project by far... Read more ›
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Every two years for the last decade, the World Economic Forum has released a comprehensive, and oft cited report proffering insights into the changing nature of the jobs economy. The latest Future of Jobs Report, which covers 2025–2030, combines the viewpoints of more than 1,000 prominent international businesses, who together account for over 14 million workers in 22 sector clusters and 55 economies worldwide. Here are a few key takeaways:... Read more ›
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Ah, quantum computing… that moonshot technology full of potential, full of promise — and jam-packed with enough jargon to make the average person cry. Qubits, entanglement, superposition, trapped-ions, Schrödinger’s cat. These terms sound strange because the world of quantum mechanics — where things can exist in multiple states at once — is strange. And that’s why I want you to bear with me while I relay this latest piece of... Read more ›
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A new season of the “Champions League of Tech” has begun with the return of TECH5 — Europe’s hottest scaleup contest. Over the next five months, TECH5 will showcase the continent’s future stars. The competition comes to a climax on June 19-20, when the 2025 winners are announced on the main stage of TNW Conference. Applications for the tournament opened this week. Promising scaleups from across the continent have been... Read more ›
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An Icelandic scaleup has sparked hopes of a breakthrough in dementia treatment after raising €26.5mn for groundbreaking research. Arctic Therapeutics (ATx) attracted the investment after pioneering a new approach to drug development. Founded in 2015, the company first analyses genomic data with bioinformatics — a blend of computer science and biology. After identifying disease-associated genes and proteins, ATx targets the root causes of a given condition. According to the scaleup,... Read more ›
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Dutch scaleup Mosa Meat, the maker of the “world’s kindest burger,” has submitted its first request to sell cultivated meat in the EU. Cultivated or “lab-grown” meat is made by harvesting animal cells and growing them in a high-tech bioreactor filled with a nutrient-packed broth. The result? Real meat minus the slaughterhouses and climate-heating emissions. Singapore, the US, and most recently Israel are the only countries that have approved sales... Read more ›
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Google DeepMind spinoff Isomorphic Labs expects testing on its first AI-designed drugs to begin this year, as tech startups race to turn algorithmic magic into actual treatments. “We’ll hopefully have some AI-designed drugs in clinical trials by the end of the year,” the firm’s Nobel Prize-winning CEO Demis Hassabis told a panel at the World Economic Forum in Davos this week. “That’s the plan.” The potential of AI-powered drug discovery... Read more ›
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Stuttgart, Germany-based Sereact has secured €25mn to advance its embodied AI software that enables robots to carry out tasks they were never trained to do. “With our technology, robots act situationally rather than following rigidly programmed sequences. They adapt to dynamic tasks in real-time, enabling an unprecedented level of autonomy,” said Ralf Gulde, CEO and co-founder of Sereact (short for “sense, reason, act”). Early Spotify and Klarna-backer Creandum led the... Read more ›
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A startup called Scenexus has unveiled plans to build digital twins of cities around the world. A spin-off from Dutch research organisation TNO, Scenexus launched this week with a new platform for urban planning. The software blends multiple datasets to clone entire cities and regions. Planners and engineers then use the replicas to precisely analyse the impacts of their ideas. According to Scenexus, the platform can accelerate their assessments from... Read more ›
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Four billion years ago, Earth was a fiery, tumultuous world of molten rock, volcanic eruptions, and toxic skies, with searing heat and the constant threat of asteroid impacts. Thankfully, our planet has cooled off a bit since then. Nevertheless, the Earth still radiates vast amounts of geothermal energy. It’s a clean, limitless, always-on power source lying beneath our feet — we just have to dig for it. Or get robots... Read more ›
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Yet another deal has been signed between a publisher and a GenAI leader. Paris startup Mistral and news outlet Agence France-Presse (AFP) announced today that they are combining their services to improve AI responses. The deal provides Mistral’s chatbot — imaginatively named Le Chat — with access to all of AFP’s text stories. According to Mistral, the integration will bring “enhanced factuality” to the AI assistant. “Partnering with a globally... Read more ›
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Australian-German startup Quantum Brilliance has raised $20mn in Series A funding as it looks to deploy small, portable quantum accelerators that promise to supercharge the computational power of everything from data centres and robots to satellites. A quantum accelerator is a specialised hardware unit that speeds up specific quantum algorithms, or tasks. They act as co-processors to classical computers, such as CPUs or GPUs, taking on specific quantum calculations. Austrian... Read more ›
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Most popular sources
Wired
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23% 11 |
Business Insider
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19% 5 |
The Verge
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8% 0 |
Eurogamer.net
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7% 9 |
Gizmodo
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7% 3 |
| View sources » | |
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11.07.2025 18:06
Last update: 18:00 EDT.
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