Hackers linked to Hamas have been implicated in five cyberespionage campaigns targeting Palestine and Egypt. The evidence emerged in new research from ESET, a cybersecurity company based in Slovakia. Analysts at the firm detected five campaigns spreading trojanized apps to Android users. The attacks focus on user data espionage in Palestine and Egypt. The campaigns deploy multistage Android spyware, which ESET calls “AridSpy.” To distribute the spyware, the hackers used... Read more ›
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The European Union has hiked tariffs for EVs imported from China, drawing reproach from Beijing and some of its own member states, including Germany, Sweden, and Hungary. The tough new tariffs range between 17.4% and 38.1%, on top of the existing import duty of 10%. If the EU enforces these provisional measures, Chinese EVs are set to become significantly more expensive in the bloc. For Brussels, the tariffs are a... Read more ›
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In May, a research team from MIT announced a new programming language, Finch. It’s designed to support both flexible control flow and diverse data structures. “Finch facilitates a programming model which resolves the challenges of computing over structured arrays by combining control flow and data structures into a common representation where they can be co-optimized,” say its creators. Not to be confused with the Swedish fintech of the same name... Read more ›
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Two of Europe’s emerging leaders in artificial intelligence have signed a deal to spread “sovereign AI” across the continent. Germany’s Aleph Alpha and Finland’s Silo AI announced the partnership today. The duo plan to create a “one-stop-solution” for European industrial firms exploring generative AI. Their collaboration brings together distinctive expertise. Aleph Alpha has been described a European rival to OpenAI, but with a stronger focus on data protection, security, and... 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, Ioanna and Andrii talk about some of the latest developments in the Dutch and European chips industry, Danish media and OpenAI, our spatial navigation skills, Chinese internet disappearing, and much... Read more ›
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With only a little over a week left till the TNW Conference in Amsterdam on June 20 and 21, we’re highlighting some of the sessions we’re most excited about. One of the talks I’m really looking forward to this year touches on a purpose very close to my heart: leveraging technology to transform healthcare applications. If you’re as interested in the topic as I am, then make sure not to... Read more ›
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Stability AI today launched Stable Diffusion 3 Medium, which the British startup calls its “most advanced text-to-image open model yet.” Comprised of 2 billion parameters, SD3 Medium promises photorealistic results without complex workflows. Crucially, the model can generate these images while running on individual consumer systems. It also overcomes common artefacts in hands and faces, Stability said. The company built SD3 Medium to understand complex prompts involving spatial relationships, compositional. Read more ›
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Amid a global race for semiconductor leadership, an Aachen-based startup has raised €254.4mn for its chip technology in a big boost for the German as well as the European semiconductor sector. Brothers Daniel and Sebastian Schall launched Black Semiconductor in 2020, spinning it out from the University of Aachen. The startup is developing a new type of chip-connecting technology using graphene, a novel material discovered in 2010 by Andre Geim... Read more ›
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Say quantum technologies and most people probably still imagine something decades into the future. But, as a new report released today demonstrates, quantum is already here — especially as it relates to the telecom industry. After years of incremental progress confined to research institutions, the emerging quantum technology sector has begun to gather commercial momentum. While most of the developments have been related to the quantum computing domain and its... Read more ›
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Amsterdam has refused to grant Cargoroo a new license to operate its shared cargo ebike rental service in the Dutch capital. Instead, it has handed over exclusive operating rights to BAQME, an upstart rival from Rotterdam. The City first announced the decision in January. However, Cargoroo launched an appeal, which officials rejected last week. Cargoroo’s existing license — which allowed it to run a fleet of 110 cargo ebikes in... Read more ›
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We know from reports earlier this year that VC investment is once more on the rise for European startups. And the wave of optimism seems to be continuing — at least for the continent’s deep tech sector. Munich’s Vsquared Ventures today announced the closing of a new €214mn fund for early-stage investment in deep tech startups. It is reportedly the largest ever early-stage fund for the sector in Europe. The... Read more ›
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This article features an interview with Vinted CEO Thomas Plantenga, who is speaking at TNW Conference on June 21. Check out the full event schedule here. Vinted CEO Thomas Plantenga has reason to celebrate. His company recently became the first “pre-loved” clothing platform to make a profit after a monumental 61% surge in sales. It’s now firmly established as Europe’s largest online marketplace for second-hand fashion. The results represent a... Read more ›
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France’s (and Europe’s) GenAI darling Mistral has reportedly almost tripled its valuation, reaching €5.8bn. First reported by Sifted and later confirmed by the Financial Times, the Paris-based startup has raised a €468mn equity funding round, led by DST global and existing investor General Catalyst. An additional €132mn in debt financing brings the total funding to €600mn. Mistral launched just a little over a year ago, but it has risen to... Read more ›
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A UK startup has used an AI algorithm to identify a previously unknown kind of rare-earth free magnet, in a potential breakthrough for how we discover and create new materials. Materials Nexus, headquartered in London, used its machine learning algorithm to identify and analyse over 100 million combinations of materials that could produce a viable rare-earth free magnet. The winning formula is what the startup calls MagNex. It’s a permanent... Read more ›
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In May, a research team from MIT announced a new programming language. Finch, its creators say, is “a simple bytecode interpreted, purely object-oriented, prototype-based, dynamically-typed programming language.” Not to be confused with the Swedish fintech of the same name, this is a language that has been inspired by Smalltalk, Self, and Javascript. In particular, Finch simplifies the creation of concurrent and parallel programs, emphasising lightweight processes and message passing, similar... Read more ›
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Just last month, the Guardian described the housing crisis in Amsterdam as “next level.” And things are not much better across Europe as a whole. Prices and rents are soaring across the continent, and the lack of availability is staggering. A Dutch startup wants to change that — at least for those willing to embark on the journey of building their own green home — and has just received €1.1mn... Read more ›
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The Netherlands is the number one startup ecosystem in the EU, surpassing both Paris and Berlin. That’s according to the 2024 Global Startup Ecosystem Report (GSER) by Startup Genome, which ranked the Netherlands at 14 globally. According to the report, the country has reached a $96bn ecosystem value between H2 2021 and 2023 — well above the global average of $29.4bn. During the same period, the Netherlands saw the birth... Read more ›
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The European Commission today launched the first version of Destination Earth (DestinE), an AI-powered simulator that looks to improve the accuracy of climate predictions. The first version of DestinE includes two models: one for extreme weather events and another for climate change adaptation. These models will monitor, simulate, and predict the Earth’s climate in great detail. “DestinE means that we can observe environmental challenges which can help us predict future... Read more ›
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As we count down to TNW conference in Amsterdam on June 20 and 21, we’re previewing the sessions that we’re most excited about. One of my must-see talks mixes two of my great passions: sports and technology. Bringing them together is António Félix da Costa, a world champion of Formula E — the electric cousin of the petrol-powered Formula 1. Da Costa is driving into the event for two special... Read more ›
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NATO’s Innovation Fund (NIF) has led a €9mn seed investment into German startup ARX Robotics, which builds unmanned ground robots for the battlefield. The startup’s war bots look like small tanks — but without guns. The vehicles drive around on treads, and can be fitted with equipment like radar, mine-sweeping devices, or medical stretchers. ARX sells four different machines. The largest carries military payloads weighing up to 500 kg —... Read more ›
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27.11.2024 19:49
Last update: 19:35 EDT.
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