The UK leads Europe for generative AI patent filings — but Germany is closing the gap. That’s according to new data from the World Intellectual Property Organisation (WIPO), a UN agency that tracks patents. WIPO today released a report on 54,000 GenAI inventions from the decade ending in 2023. Over 25% of them emerged in the last year alone. The findings show that China has built a wide lead in... Read more ›
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Aurea Imaging, an Utrecht-based agtech startup, has raised €2.8mn in a Series A round to scale up deployment of its sensor system for orchard farming. Founded in 2016, Aurea provides agronomic intelligence products for precision orchard management on the individual tree level. To maximise productivity by customising treatments for each tree, the startup has developed TreeScout, a tractor-mounted sensor system. Powered by 3D computer vision and edge computing processing capacity,... Read more ›
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A British startup plans to create a new wave of athletics records by reinventing the running track. London-based Feldspar is engineering the surface to maximise speed. It all starts with the flooring design, which converts more running energy towards horizontal propulsion. As a result, sprinters can reduce the force required for upright momentum and put extra power into going forward. By improving energy return, the system could also reduce fatigue.... Read more ›
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The EU is falling behind its digital transformation goals for 2030, according to this year’s State of the Digital Decade report by the European Commission. The bloc has set four main targets: the digital transformation of businesses, the boost of its digital infrastructure, the cultivation of digital skills, and the digitalisation of key public services and health records. However, the Commission’s findings reveal that the current efforts of the member... 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, we’re featuring two interviews recorded at TNW Conference 2024 ago with two amazing women working in very different parts of the technology industry. The first guest of the show is Chiara... Read more ›
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Last month, Nvidia briefly became the world’s most valuable company, reaching a market capitalisation of $3.3tn. Behind the company’s meteoric rise to the top lies its market dominance in advanced AI chips. Once predominantly-known for its high-performance graphic processing units (GPUs) for gaming, Nvidia tapped its technological strengths to venture into the AI race. Its GPUs excel at parallel processing, simulations, and machine learning tasks, which makes them suitable for... Read more ›
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As far back as December 2013, the European Council called for the member states of the European Union to develop their defence capabilities and so enhance the “strategic autonomy” of the EU. Since then, the idea that the term encapsulates has come up time and again. In 2016, it was made part of the EU’s Global Strategy doctrine. It was promoted again in late 2020, championed in particular by France.... Read more ›
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Greece’s Ministry of Digital Governance has awarded German startup OroraTech a €20mn contract to build a satellite-based early warning system for wildfires, which last year alone cost the Mediterranean nation almost two billion euros in damages. The national defence system will consist of four thermal satellites and a network of ground sensors and processing services. OroraTech will develop it in partnership with the European Space Agency (ESA) and several Greek... Read more ›
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UK-based neobank Monzo has unveiled three app-based security features, aiming to safeguard user accounts from criminals even in the case of phone theft. The new security tools are designed to prevent criminals from transferring or withdrawing amounts from Monzo accounts by offering an additional layer of protection. The digital bank plans to officially roll them out over the coming weeks. To begin with, customers will be able to use the... Read more ›
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Schiphol Airport in the Netherlands is testing an unusual kind of battery that could prove to be a better, cheaper way to store wind and solar energy. Developed by US startup ESS, the device is known as an iron flow battery. The airport is currently trialling the technology to power some of its electric ground power units. These machines provide electricity to parked planes to run systems such as lights,... Read more ›
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In yet another blow to big tech, the EU is charging Meta with breaching the bloc’s sweeping online competition rules, known as the Digital Markets Act (DMA). Alongside Google and Apple, Meta is among the tech giants (designated as “gatekeepers“) required to comply with the landmark law as of March this year. A mere two weeks after the act kicked in, the European Commission opened an investigation into all three... Read more ›
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The warm weather finally arrived! But before we begin to wind things down for the summer months, let’s catch up once more with the latest developments in Dutch tech. Of course, in our mind, the best news from the week that passed was our own TNW Conference taking place in Zaandam, just outside of Amsterdam. (Next year we are back at one of our favourite locations at NDSM island, grab... Read more ›
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Claims of the next fastest-charging EV have become so common, they’ve almost completely lost their meaning. But Nyobolt might just have something to brag about. The UK startup has successfully charged an EV from 10% to 80% in just four minutes and 37 seconds — just enough time to grab a coffee. Nyobolt achieved the feat at a race track in Bedford, England on Thursday, using its own specially designed... Read more ›
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Eindhoven-based startup Axelera has raised $68mn as it looks to take its AI chip business global. One of the lead investors is Samsung Catalyst, the venture arm of the semiconductor giant Samsung Electronics. Axelera is developing AI chips that enable computer vision and generative AI in edge devices like robots and drones. Because they’re located within the devices themselves, the AI chips can process data in milliseconds without the need... Read more ›
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Lynn Conway may hold the record for longest delay between being unfairly fired and receiving an apology for it. In 1968, IBM — a company that now covers its logo in a rainbow flag each June for Pride Month — fired Conway when she expressed her intention to transition. She died on June 9, 2024 at age 86. IBM eventually apologised to the now-famous computing expert, but only 52 years... Read more ›
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Artificial intelligence is the big thing right now, with industries from finance to health care to retail scrambling to adopt AI or risk being left behind. But speaking as professors of business, we think some companies might be jumping the gun. Our recent research suggests that service providers shouldn’t automatically jump on the AI bandwagon. Instead, they should make a choice informed by their strategy. In short, when it comes... Read more ›
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If you follow European AI news, you may have read that Finland’s Silo AI and Germany’s Aleph Alpha recently established a partnership to deliver “sovereign AI.” It would seem whoever is responsible for partnerships at Silo is keeping busy, as the company today announced yet another collaboration, this time with investor darling Mistral AI. The past couple of years have seen businesses scramble to implement AI, often even before they... Read more ›
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As AI boosts demand for more data storage, Europe is considering sending data centres into space — and the plan is not as outlandish as it may first appear. A 16-month, €2 million study has concluded that space-based data centres are technically, economically, and environmentally feasible. Thales Alenia Space and Leonardo coordinated the ASCEND study, which was funded by the EU. The research also tapped expertise from the likes of... Read more ›
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A report published today by McKinsey on the state of the global quantum tech sector has found that Europe is spending more and more in public funding on technologies such as quantum computers, quantum sensors, and quantum communications. Quantum technology is increasingly recognised as being of high geopolitical and strategic importance. Governments are drafting national quantum strategies, and many quantum computing and other quantum tech projects are overseen by ministries... Read more ›
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Boxing is a whimsically old-fashioned sport. Feuds are settled in fights, traditions are revered, and ageing faces run the show. Fifty years since their heydays promoting Muhammad Ali, the 92-year-olds Don King and Bob Arum remain leading powerbrokers. They work with overlords who operate in the shadows. In this world, oversight is resisted and new tech greeted with suspicion. At world title fights, judges still fill out scorecards on scraps... Read more ›
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27.11.2024 15:31
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