Cloudflare’s engineering headcount surged 45 percent in the weeks after the company cut 1,100 jobs in May, according to BNP Paribas data drawn from LinkedIn profiles. The finding, first reported by Business Insider, shows Cloudflare’s engineering staff grew from 1,308 to 1,894 even as its total workforce shrank by a fifth. CEO Matthew Prince confirmed […] This story continues at The Next Web Read more ›
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Until now, generative AI has been akin to fairy dust — just sprinkle it in your pitch, and investors are all too ready to open their wallets wide. This is changing. Q4 of 2023 saw a 55.3% decline in AI funding compared to Q1, mirrored by fewer deals. Experts like Matthew Marwick from the Intelligence Unit at CB Insights warn that while the AI funding will likely pick up steam... Read more ›
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Following successful consumer trials in Trondheim, Aviant is launching the world’s longest-distance home delivery service by autonomous drones in Lillehammer, Norway. Starting today, residents of the town will be able to receive deliveries of groceries, medicines, and meals from restaurants directly to their doorstep, using the startup’s Kyte drone service. Aviant’s drones will be able to deliver goods faster and more sustainably, while reaching remote and inaccessible areas where traditional... Read more ›
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In 1965, cryogenics pioneer Olli V. Lounasmaa set up the Low Temperature Laboratory (LTL) at what is now Aalto University to research ultra-low temperature physics. Despite some initial scepticism because “why would anyone want to research cold in Finland,” the LTL has prospered, attracting researchers from all over the world — and laying the foundation for Finland’s leading quantum computing startup ecosystem. Quantum computing has long been the stuff of... Read more ›
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A satellite will hurtle down to Earth this week and no one knows quite when or where it’s going to land — but there’s no need to worry. In the space sector, this is standard operating procedure. The satellite in question is the European Space Agency’s ERS-2. Launched in 1995, the spacecraft set new standards for Earth observation. It was also an extremely durable machine. Despite an original mission life... Read more ›
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The European Union is set to fine Apple €500mn for allegedly elbowing out competitors to its music streaming business, the Financial Times reported on Sunday, citing unmanned sources familiar with the matter. EU officials first started investigating the matter in 2019, following a complaint for Spotify. The Swedish company claimed it was made to ramp up its monthly subscription to cover the 30% fee Apple charges to operate on its... Read more ›
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With the flip of a switch, the snowmobile springs to life. The batteries beneath my seat engage, and launch me at lightning speed through the fresh white powder ahead. Soon I am gliding across a frozen lake in Swedish Lapland like a speedboat on water. Mindful not to get carried away, I loop back toward the starting point, engaging the brakes just before the treeline. The sled skids to a... Read more ›
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The digital advertising landscape in Europe is undergoing a significant transformation, driven by antitrust cases against tech giants, new regulations like the Digital Services Act and Digital Markets Act, and the rise of emerging players. This change promises to regulate competition concerns, manage consumer protection, and handle the responsibilities of digital platforms in the advertising ecosystem. European antitrust actions: a regulatory landscape In 2023, the European Union introduced two landmark... Read more ›
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AI might be ready to disrupt how businesses operate, but businesess aren’t ready for the AI transformation. According to Cisco’s AI Readiness Index for 2023, only 14% of businesses across the globe are prepared to leverage and deploy artificial intelligence. European companies in particular also struggle to train their employees on AI use and develop a clear strategy for responsible AI. “At the moment, businesses aren’t well-equipped to deal with... Read more ›
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How are your New Year’s resolutions coming along? As we conclude the first weeks of 2024, chances are that the fresh-start effect has begun to wane. When it comes to succeeding in what we set out to achieve and the habits we want to instil, consistency and dedication will beat that oh-so-fickle motivation every time. But could technology — specifically wearables — help us remain steadfast on our path towards... Read more ›
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Tags on chips and a global registry of their locations can reduce the risks of AI espionage by hostile nations, experts say. The proposals were made in a new report on AI safety, which calls for a stronger regulation of hardware. Three Cambridge University institutes co-led the study paper, alongside OpenAI and the GovAI research community. They fear that governments are overlooking the dangers of compute, which could trigger disasters.... Read more ›
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Microsoft will invest €3.2bn in AI tech in Germany over the next two years, the firm’s vice chair Brad Smith announced today. The investment will see the doubling of Microsoft’s AI and data centre infrastructure capacity in Germany, said Smith. It marks the largest single investment in Microsoft’s 40-year history in the EU country. German Chancellor Olaf Scholz welcomed the move, noting that it signifies a vote of confidence for... Read more ›
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Anti-piracy campaigns can actually cause more piracy — if you’re a man. So say the cybercrime experts at the University of Portsmouth, who investigated efforts to deter illegal torrenting, streaming, and file-sharing. To test the techniques, the researchers exposed 962 adults to threatening messages used in anti-piracy campaigns. They then evaluated potential changes in behaviour. They discovered a cavernous gender gap. The messages led piracy intentions to decline by 52%... Read more ›
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The construction sector builds the homes we live in, the offices we work in, and the schools our children learn in — but in Europe, there’s a chronic shortage of people to do this critical work. Dutch startup Monumental thinks it has a solution: AI-powered bricklaying robots capable of working autonomously alongside humans. Fitted with sensors and computer vision, the fully-electric machines use small crane-like arms to place bricks and... Read more ›
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Recently, a New Zealand-based supermarket was miffed to find its AI meal bot going haywire. Instead of providing wholesome recipe suggestions using its products, it had begun suggesting dishes such as “bleach-infused rice surprise” and “mysterious meat stew” (with the mysterious meat being human flesh). While this may have been a bit of fun for internet pranksters who prompted the bot with ever more outlandish ingredients, it also raises a... Read more ›
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It’s Valentine’s Day and digital romances are blossoming. Across the world, lonely hearts are opening up to virtual lovers. But their secrets aren’t as safe as they may seem. According to a new analysis by Mozilla, AI girlfriends harvest reams of private and intimate data. This information can then be shared with marketers, advertisers, and data brokers. It’s also vulnerable to leaks. The research team investigated 11 popular romantic chatbots,... Read more ›
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Dutch fintech Finom has raised €50mn, which the startup will use to boost its digital banking services. Founded in 2019, the Amsterdam-based business operates a pan-European neobank for SMEs and entrepreneurs. It integrates online banking, accounting, and financial management into a single platform. Kos Stiskin, co-founder at Finom, said the company was built to simplify banking for small businesses. “Finom was born as a cost-effective and user-friendly digital banking solution... 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, Andrii and Linnea talk about deepfake face swapping, the incredible race of Arm’s stock price, epilepsy trolling, and learn more about how much startup founders are paying themselves across Europe.... Read more ›
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We’re just months away from TNW Conference 2024 (ahem, Europe’s leading tech festival). Now, if you’re a startup, you may be thinking of attending to meet some investors and fresh new hires, get your name out there, and get inspired. But why be a spectator when you can be part of the show? We caught up with Isabell Trinh, Communications Specialist at Nostics and winner of TNW 2023’s Pitch Battle... Read more ›
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From Skynet to The Matrix, the possibility of machines one day being able to outsmart us has provided the backdrop to stories from science fiction books to the silver screen. But with AI technology evolving at rapid speed, will it soon be time to say “hasta la vista baby” to humans’ control over machines? Although many now agree that the trajectory towards Artificial General Intelligence (AGI) has been set, experts... Read more ›
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A giant tidal energy “kite” located in the waters off Vestmannsund, Faroe Islands, has delivered its first power to the grid, in a significant step forward for the budding ocean energy industry. Dubbed the Dragon 12, the device swims against the current, which turns its rotor and generates about 1.2MW of clean electricity — enough to power a small town of around 1,000 homes. The kite was first designed by... Read more ›
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29.06.2026 02:16
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