Cloudflareâs 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 Cloudflareâs engineering staff grew from 1,308 to 1,894 even as its total workforce shrank by a fifth. CEO Matthew Prince confirmed [âŠ] This story continues at The Next Web Read more âș
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DeepMind has used a large language model (LLM) to generate a novel solution to one of humanityâs toughest math problems â in a breakthrough that could herald a new era in AI development. The model, known as FunSearch, discovered a solution to the so-called âcap set puzzle.â The decades-old math conundrum essentially comes down to how many dots you can joint down on a page while drawing lines between them,... Read more âș
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The upcoming year will be a busy one for democracy. Major elections will take place in the US, the EU, and Taiwan, among others. Just as the rollout of generative AI era is gathering pace in earnest â something some fear could prove detrimental to the democratic process. One of the main concerns about generative AI is that it could be used for the malicious spread of disinformation, or that... Read more âș
15
After a five-month wait, Metaâs latest social media app Threads is now available to people living in the European Union. âToday weâre opening Threads to more countries in Europe. Welcome everyone,â wrote Meta chief Mark Zuckerberg on the platform. Threads is Mark Zuckerbergâs answer to X, formerly Twitter, which has been steadily loosing users since Elon Musk took over last year. The social media app, which can only be accessed... Read more âș
3
ï»ż Letâs talk about femtech in Europe. In this bonus episode of the TNW Podcast, weâre featuring two interviews with notable players in the industry: Ida Tin, co-founder and chairwoman of the period tracking app Clue â and the very person who coined the term âfemtechâ itself. Valentina Milanova, founder and CEO of Daye, a gynaecological health startup based in the UK. Listen to the episode with the player above... Read more âș
0
Hydropower currently generates more energy than all other renewables combined and is expected to remain the worldâs largest source of renewable electricity into the 2030s. And pumping water uphill, aka pumped storage hydro, accounts for 90% of energy storage capacity. However, in Europe, investment and general interest in hydropower pales in comparison to wind and solar. This is partly because most suitable locations for power-generating dams have already been utilised,... Read more âș
2
Word of the year indeed â it seems even the Catholic Church canât stop talking about AI. The events unfolding in the Middle East and the continued war in Ukraine has made the well-worn Christmas wish âpeace on earthâ even more acutely felt than normal (whatever that is). However, that the Pope would throw AI into the mix might have been a little less expected. The Popeâs message for the... Read more âș
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After numerous setbacks, the European Space Agency recently announced that its next-generation rocket, Ariane 6, is set to launch in just six monthsâ time. If successful, the heavy-lift launcher will restore the continentâs independent access to space satellites. Now, various parts of the rocket, built in factories across Europe, need to be transported across the Atlantic Ocean to be assembled at ESAâs spaceport in French Guiana. This oversea territory is... Read more âș
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Welcome to the first episode of the TNW Podcast â our new 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 todayâs episode, Andrii and Linnea talk about Mistral AIâs jumbo funding round, the future of the AI Act, big eVTOL news from Lilium, and a few things in between. In the interview... Read more âș
0
The newly-adopted 2024 work programme of the European Innovation Council (EIC) is opening over âŹ1.2bn in funding opportunities, mainly targeting deep tech startups and SMEs. Under the new scheme, the EIC Fund will receive a capital injection of âŹ585mn to invest in EIC selected companies, leveraging over âŹ2 billion in new investments. The majority of the funding addresses all fields of technology, but âŹ420mn is dedicated to startups and SMEs... Read more âș
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For us, June doesnât simply bring the much-anticipated beginning of summer. It also brings Europeâs leading (and most intimate) tech event. Yes, weâre talking about TNW Conference 2024 â and youâre all invited! We really want to see you there so use the code TNWXMEDIA to get 30% off all passes. Whether youâre already a loyal fan or you want to experience the magic for the first time, you can... Read more âș
18
Open Cosmos, the UK startup that uses satellites to fight climate change, has successfully launched its fourth satellite this year. Its mission? To monitor volcanic activity and wildfires in the Canary Islands. Following its takeoff from Vandenberg Space Force Base in California, onboard SpaceXâs Falcon 9, the satellite is now in its final orbit â and first contact with the ground has already been established. Part of the ESA PIONEER... Read more âș
3
In the intricate web of business activity in the UK, the relationship between large corporations and SMEs plays a pivotal role in shaping the economic landscape. With SMEs accounting for 99.9% of the UK business population, their importance and contribution to the economy is crucial. Despite this, 2023 has seen the largest net decrease of small businesses on record. The UK government has announced plans to introduce new measures to... Read more âș
2
We are probably all guilty of using too much water. However, most water wastage happens prior to the precious resource entering our homes. That is because national pipe networks are riddled with leaks â and water scarcity is a growing global problem. Could AI be part of the solution? For instance, the UK wastes more than three billion litres of perfectly good quality drinking water every day. Meanwhile, Italy and... Read more âș
6
Climate change not only comes with a high cost for our planet, but for the economy as well. For context, between 1980 and 2022, EU member states have suffered losses of assets worth âŹ650bn. Among the sectors impacted is the insurance industry, which is grappling to adapt to the new normal of frequent natural disasters, while seeing climate-related losses exceeding $100bn (âŹ92.7) a year. London-based BirdsEyeView offers a solution. The... Read more âș
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The James Webb Telescopeâs new image of Cassiopeia A (Cas A), a supernova remnant that is located 1,000 light-years away, has marked a new era in the study of its explosion. Already in April 2023, Webbâs MIRI (Mid-Infrared Instrument) revealed new and surprising features within the inner shell of Cas A. Interestingly, many of those features are invisible in the latest image by the telescopeâs NIRCam (Near-Infrared Camera), while the... Read more âș
0
2023 has been a tough funding year for European fintech startups, with raised capital dropping 70% drop in H1 compared to the same period in 2022. But against this backdrop, British payment startup SumUp has still managed to bag âŹ285mn to expand its global footprint. SumUp was founded in the UK in 2012 with the mission to level the playing field for small businesses. Through its SuperApp, it provides merchants... Read more âș
24
Following marathon discussions last week, the European Union has secured a tentative agreement on the terms of the AI Act, bringing the landmark regulation closer to enactment. While missing the original deadline for Wednesday, lawmakers managed to thrash out a deal late on Friday, just in time for the weekend. If they had not, the law would have been delayed until next year, potentially after the EU-wide elections in June.... Read more âș
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The internet is filled with sites and services we loathe yet it seems, to paraphrase Brokeback Mountain, we just donât know how to quit them. Consider the evidence: Facebook was widely reviled after its role in the Cambridge Analytica scandal, yet it still has over 3 billion monthly active users. Since Elon Muskâs takeover of Twitter there has been huge public outcry about his actions and decisions, but the platform... Read more âș
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Q-day (the day when quantum computers will successfully actually break the internet) may be some time away yet. However, that does not mean that companies â and states â shouldnât hop on the qubit bandwagon now so as not to be left behind in the race for a technology that could potentially alter how we think about life, the Universe, and well⊠everything. Spurred on by a discourse that more... Read more âș
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Yesterday, Google launched its much anticipated response to OpenAIâs ChatGPT (the first release of Bard didnât really count, did it?). However, the new set of generative AI models that Google is dubbing âthe start of the Gemini eraâ will not yet be available in Europe â due to regulatory hurdles. The tech giant is calling Gemini the âmost capable model everâ and says it has been trained to recognise, understand,... Read more âș
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29.06.2026 09:18
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