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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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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 06/21/2023 09:30 EDT

This startup gives your speech a new ‘human-realistic’ AI voice — for free

From virtual assistants to voiceovers for audiobooks, AI voice generation has emerged as a rapidly growing field — and it’s no wonder that companies are rushing to tap into the technology’s potential. Among them is Valencia-based Voicemod. The startup has developed an AI voice changer and soundboard software that enables instant speech-to-speech conversion. Unlike most of its competitors, the company claims that it transforms voices in real time and with... Read more

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The Next Web
Thomas Macaulay @ The Next Web 3 place · 06/21/2023 07:54 EDT

A new metaverse network plots an escape from Meta’s ‘walled gardens’

Two years after Mark Zuckerberg launched it into orbit, the metaverse is crashing back to Earth. As the hype sparked by Facebook’s rebrand fades amid jaw-dropping losses, risible selfies, and the generative AI boom, reality is setting in — which is when things start getting interesting. Metaverse stalwarts are now fighting for competing visions. On one side are the centralised platforms owned by the likes of Meta and Roblox. Under... Read more

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The Next Web
Sandra O Connell @ The Next Web 3 place · 06/21/2023 03:49 EDT

New pay transparency regulations could help women negotiate better salaries

The EU’s new pay transparency directive won’t close the gender pay gap by itself. But it will help. After all, if you want to close the gender wage gap you first have to have data. Under the new directive, EU companies will be required to share information about how much they pay men and women for work of equal value and will have to take action if their gender pay... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 06/20/2023 08:00 EDT

3D-printed rocket engine revs up for orbital launch in Scotland

Edinburgh-based aerospace startup Skyrora announced yesterday it had commenced a series of full-duration tests of its updated 3D-printed 70kN engine.  The new design features an improved engine cooling chamber and can be built approximately 66% faster at a 20% cost reduction. It is meant to take the company closer to commercial orbital launch later this year from the SaxaVord Spaceport that is being developed on Lamba Ness in Unst, Shetland.... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 06/20/2023 07:19 EDT

EU’s EV battery ambitions hang in the balance

The EU risks falling short of its ambition to become a global superpower in EV battery production, a report by the European Court of Auditors (ECA) warns. Although the union’s industrial policy on batteries has been promoted effectively over the past few years, the bloc still faces three major challenges: limited access to raw materials, uncertainty on whether battery production will reach the required levels, as well as insufficient and... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 06/20/2023 05:47 EDT

Intel, Germany strike record €30B deal for chip mega-factory

Intel and the German government have struck a deal on how to split the bill for a massive chip factory in Magdeburg, marking the end of a months-long funding dispute. The US chip giant agreed yesterday to fork out more than €30bn to develop the plant, a deal Chancellor Olaf Scholz hailed as the single biggest foreign direct investment in German history. The government has also agreed to up its... Read more

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The Next Web
Chris Baraniuk @ The Next Web 2 place · 06/20/2023 02:00 EDT

Crystals, jets and magnets — is this how to make cooling greener?

In a world scorched by climate change, cooling technology is far from a luxury. It saves lives, keeps food fresh and ensures comfort at home or in the office. Ten new air conditioners are to be sold every second between now and 2050, according to the International Energy Agency. But all those machines, running for hours on end, gobble up vast quantities of electricity. These devices also tend to contain... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 06/19/2023 09:56 EDT

This ‘factory in a box’ promises affordable EV production anywhere in the world

Helixx has a unique vision of urban mobility. The British startup has engineered a range of affordable electric vehicles. The company also designed a manufacturing system for the EVs. But Helixx doesn’t plan to actually build the cars. Instead, it wants Helixx customers to build them. At first glance, that may look like a lazy strategy. But the pitch has an intriguing foundation: a “factory in a box” that clients... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 06/19/2023 09:17 EDT

Intel to build €4.6B Poland chip factory in its latest EU mega-investment

Intel has announced plans to build a €4.6bn semiconductor assembly and testing facility in Poland, as the EU looks to ramp up production of the chips — critical components in everything from cars to refrigerators.  The site in Wroclaw, western Poland, will employ 2,000 people and is expected to be completed in 2027. Design and planning will begin immediately, with construction to commence pending European Commission approval.    2027 is also... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 06/19/2023 08:38 EDT

UK’s ‘early access’ to OpenAI and DeepMind models is a double-edged sword

Google DeepMind, OpenAI, and Anthropic will grant the UK government “early or priority access” to their models for research and safety purposes, Prime Minister Rishi Sunak revealed during his speech at London Tech Week. While it’s still unclear what type of data the tech companies have pledged to share, the aim of the move is to help the government better understand and evaluate the opportunities and risks of these systems.... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 06/16/2023 11:49 EDT

TNW Conference 2023 is a wrap! Here are some of the highlights

TNW Conference 2023 is a wrap! And what a couple of days it has been; a whirlwind of phenomenal insights, extraordinary events and connections across the entire tech ecosystem.  We have talked about diversity and inclusion, why to design anything in the first place, the importance of building not only scaleups but “stayups,” how to secure funding from VCs and beyond, and, of course, there were plenty of discussions on... Read more

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The Next Web
Marris Adikwu @ The Next Web 2 place · 06/16/2023 03:37 EDT

5 out-of-the-box sustainability ideas: From gelatinized marine waste to seaweed straws

A new generation of talented and sustainability-focused tech entrepreneurs are already dreaming up innovative ideas to shift our daily habits and tackle climate change. Over the past five years, the Battle of the Minds competition has called on students and recent graduates from across the globe to pitch and develop novel solutions to some of the world’s most pressing social and environmental problems. Together, country based teams compete in a... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 06/15/2023 06:00 EDT

Startup Genome: 2022 was tough — but a recession is a great time to invest in tech

The tech sector is experiencing an unprecedented slowdown, but analysts see immense opportunities for startups that survive the downturn. Across the world, VC funding in 2022 plummeted by 35% from the previous year, according to a new study from Startup Genome and the Global Entrepreneurship Network (GEN). The Global Startup Ecosystem Report 2023 (GSER 2023) also observed slowdowns in deal counts, exits, and unicorns. But a deeper dive unearths grounds... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 1 place · 06/14/2023 05:55 EDT

Mistral AI secures €105M in Europe’s largest-ever seed round

The artificial intelligence hype shows no sign of fading just yet, and investors are practically falling over themselves to fund the next big thing in AI. Yesterday, Paris-based startup Mistral AI announced it had secured €105mn in what is reportedly Europe’s largest-ever seed round.  Mistral AI was founded only four weeks ago, by a trio of AI researchers. Arthur Mensch, the company’s CEO, was formerly employed by Google’s DeepMind. His... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 06/14/2023 03:00 EDT

How to fulfil your creative potential: An unmissable talk at TNW Conference

Holly Blondin will be speaking at TNW Conference, which takes place on June 15 & 16 in Amsterdam. If you want to experience the event (and say hi to our editorial team!), we’ve got something special for our loyal readers. Use the promo code READ-TNW-25 and get a 25% discount on your business pass for TNW Conference. See you in Amsterdam! Few are the blessed people in the world who... Read more

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