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The Next Web
Janis Kreilis @ The Next Web · 06/29/2023 07:03 EDT

Opinion: European startups should welcome global tech layoffs with open arms

Like a runaway train, the tech sector’s layoff spree shows no sign of hitting the brakes in 2023. Layoffs.fyi found that between January and May this year, more than 200,000 people around the world found themselves on the wrong end of the pink slip. Echoing through the industry like a gong are the layoffs from big tech. Silicon Valley giants collectively slashed over 104,000 roles last year, and these cutbacks... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 06/29/2023 05:12 EDT

EU advances new data rules as it cracks down on big tech

Negotiators representing the European Parliament and EU countries struck a deal this week on a new set of rules governing how individuals and businesses access and share data in the bloc.  The Data Act, proposed by the European Commission last year, aims to give users more control over the data generated from internet-connected devices and protect them against illegal data transfers.   The new legislation will empower consumers and companies by... Read more

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 06/28/2023 12:26 EDT

UK taps digital twin in bid for world’s first fusion power plant

The UK’s dream of having the world’s first commercial nuclear fusion power plant has taken a digital turn. As part of plans to put fusion energy on the grid by 2040, a digital twin of the reactor is now being built. The virtual model will be used to design the power plant, which aims to unleash the immense promise of fusion energy. With the potential to provide abundant clean energy,... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 06/28/2023 08:02 EDT

Flying car startup eyes 2025 takeoff following US, EU certification

Flying cars have captured the public imagination for decades, but have yet to enter the mainstream. However, with investors pouring cash into the sector, could the 2020s be the decade when sci-fi vision becomes reality? German startup Lilium certainly hopes so.  The startup announced this week that the design of its all-electric vertical take-off and landing (eVTOL) jet has been approved by the US Federal Aviation Administration (FAA). Lilium’s primary... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 06/28/2023 07:40 EDT

The next trip you book online could be planned with ChatGPT

AI’s use in travel apps is nothing new — just think about the destination or hotel recommendations you get when booking a trip. But recent advances in generative AI are further shaking the sector. Booking.com is the latest major travel agent to test the potential of the tech. Starting on June 28, the company is offering a beta AI trip planner, built upon its existing machine learning models and partially... Read more

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 06/27/2023 12:25 EDT

Meet the robots attending the UN’s ‘AI for Good Global’ summit

Some of the world’s most famous robots are heading to United Nations — alongside some human experts. At a UN summit in Geneva next week, luminaries including futurist Ray Kurzweil and DeepMind COO Lila Ibrahim will discuss AI for good. It’s a stellar lineup of speakers, but the real stars in our eyes are in the roster of robots. Over 50 of the beasts — the majority from Europe —... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 06/27/2023 09:43 EDT

EU launches four new testing facilities to develop responsible AI

Aiming to ensure the development of trustworthy AI, EU member states, the Commission, and 128 partners have committed €220mn to establish four new testing and experimentation facilities (TEFs) within the bloc. These TEFs are large-scale physical and virtual facilities, where AI-based software and hardware technologies can be tested in real-world environments. They will also act as a “safety filter” between emerging digital technologies and European citizens, in turn securing a... Read more

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The Next Web
Aoife Barry @ The Next Web 3 place · 06/27/2023 06:53 EDT

Job seekers: How can you tell if a company is serious about their sustainability claims?

Being green can make a company look good––and who wouldn’t want to work for a business that says it’s doing a stellar job with sustainability?  But in a world of greenwashing (or even greencrowding, greenhushing and greenshifting), consumers and workers are asking more questions about the green promises that companies are making.  That’s particularly the case with Gen Z workers, who are the future of the workplace. One in three... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 06/27/2023 04:57 EDT

EU set to approve ‘disturbing’ new media surveillance law

EU member states have approved draft legislation allowing governments to spy on journalists in the name of “national security.”  The Council published a draft of the European Media Freedom Act (EMFA) last week that would extend media surveillance powers, including placing spyware on journalists’ phones. The original purpose of the EMFA was to safeguard media independence and pluralism. First presented by the Commission last September, the act was hailed as... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 06/26/2023 10:32 EDT

New computer memory tech could power the AI of the future

A research team, led by the University of Cambridge, has developed a novel computer memory design, which promises to significantly improve performance while reducing the energy demands of internet and communications technologies. As per the university, AI, algorithms, internet usage, and other data-driven technologies are estimated to require over 30% of our global electricity consumption within the next decade. “To a large extent, this explosion in energy demands is due... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 06/26/2023 08:57 EDT

German startup raises €430M to create ‘virtual power plant’ for your home

Hamburg-based 1KOMMA5° is the latest startup to join the expanding club of climate tech unicorns, after bagging €430m in fresh funding.   Founded just 23 months ago, the startup’s main product is Heartbeat, an IoT device that acts as the air traffic control of your home’s energy system. The device connects your solar panels with other energy infrastructure such as energy storage, car chargers, and heat pumps, and optimises the whole... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 06/26/2023 06:12 EDT

UK police report epidemic of Android false emergency calls

Police forces across the UK have been receiving an increasing number of false calls to 999, the country’s emergency services number. This isn’t attributed to a jump in crime, but largely to an Android feature, the National Police Chief’s Council (NPCC) reports. Nationally, all emergency services are currently experiencing record high 999 call volumes. There’s a few reasons for this but one we think is having a significant impact is... Read more

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 06/26/2023 03:00 EDT

Apple’s Vision Pro can boost Europe’s XR kingpin — in the short-term, at least

The Vision Pro arrived with great fanfare. At the launch event in California, Apple CEO Tim Cook described the new headset as a “revolutionary” device that heralds a “new era of spatial computing”. Bold claims indeed, but Apple’s track record lends them credibility.  The tech giant has already redefined music players, tablets, laptops, desktops, smartwatches, and headphones. Analysts are now proclaiming an “iPhone moment” for extended reality (XR).  Across the... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 06/23/2023 12:05 EDT

US approval for cultivated meat ‘provides a framework’ for Europe to follow

Cultivated grown is on its way to American plates — and European startups want a spot in the kitchen. In a landmark moment for the sector, the US Department of Agriculture (USDA) has given two companies approval to sell lab-grown meat, which is made by taking cells from living animals. After extraction, the cells are placed in a bioreactor and grown into muscle tissue. Finally, the flesh is shaped into... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 06/23/2023 11:08 EDT

EU plants flag in Silicon Valley ahead of big tech crackdown

The EU’s industry chief Thierry Breton travelled to Silicon Valley this week to prep tech giants for sweeping new rules governing social media, AI, and data. Breton also made the trip to inaugurate the Commission’s first-ever office in Silicon Valley, as the bloc looks to plant its flag firmly on big tech’s home turf.   EU officials entered Twitter’s headquarters yesterday to conduct a mock exercise with the company’s staff to... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 06/23/2023 05:24 EDT

Lithuania to host Europe’s largest tech campus following €100M investment

Lithuania is planning to build Europe’s largest startup campus in the capital Vilnius, as it looks to attract the next in tech talent. Lithuanian co-working company Tech Zity is investing €100m into the new campus which, upon completion in 2024, will provide private workspace for some 5,000 tech workers.  The hub will also house co-working and co-living spaces, events spaces, meeting rooms, and no less than 10 restaurants. The site... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 06/22/2023 10:48 EDT

Startup unveils AI breakthrough for male fertility diagnosis

A new algorithm can determine male fertility at a faster and more accurate rate than previously possible, according to research by UK startup Bayezian. The breakthrough arrives amid growing issues for couples trying to get pregnant. A recent report from the World Health Organisation estimated that one in six people globally is now affected by infertility. Despite perceptions that it’s “women’s business,” men now contribute to approximately 50% of fertility... Read more

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The Next Web
Martin SFP Bryant @ The Next Web 2 place · 06/22/2023 09:56 EDT

Defying gravity: This UK-based startup is unlocking the potential of the space economy

This story is syndicated from the premium edition of PreSeed Now, a newsletter that digs into the product, market, and founder story of UK-founded startups so you can understand how they fit into what’s happening in the wider world and startup ecosystem. The space race is back on, with a growing number of commercial operators keen to follow in SpaceX’s exhaust trail. This means there’s real demand to accelerate the... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 06/22/2023 07:21 EDT

Rapid delivery giant Getir quits France, citing regulation hurdles

Quick commerce platform Getir is bidding adieu to the French market — less than two years since starting its operations in the country. In a press release sent to AFP, the company said that it will soon exit France and seek a buyer for “all of parts of the group.” The Turkish-owned Getir Group encompasses Getir, Gorillas, and Frichti. “The complex legal environment and the regulations imposed by local administrations... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 06/22/2023 05:16 EDT

Mobility giant Bolt adopts self-driving Starship robots for food delivery

European ride-hailing firm Bolt will start using self-driving robots to deliver customers’ food as part of a new partnership with fellow Estonian company Starship Technologies, announced yesterday.   Bolt, one of Europe’s most highly valued tech companies, plans to roll out thousands of the robots across multiple countries, starting in its home city of Tallinn later this year. A competitor of Uber, Bolt has more than 100 million customers in Europe,... Read more

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