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The Next Web
Siôn Geschwindt @ The Next Web · 04/16/2024 03:00 EDT

Climate tech heavyweights EQT, Contrarian launch investment ‘playbook’

More than 50 European VCs and startups have joined forces to launch Climate Brick — a new community designed to fast-track investment in green technologies.  Climate Brick launched today along with what its founders claim to be one of the most comprehensive climate tech studies ever conducted. The report, featuring interviews with 100 climate experts and 3,000 companies, offers a roadmap for climate tech startups looking to scale.  “We really... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 04/15/2024 11:23 EDT

To legislate or not to legislate? How EU and UK differ in their approach to AI

The boom of artificial intelligence has spurred a regulatory frenzy across the globe — and Europe is at the forefront of the developments. Both the EU and the UK are attempting to find the elusive balance between leveraging AI’s growth and mitigating potential risks — but their approaches differ significantly. The former has opted for a hands-on, risk-based approach, whereas the latter has promised a “pro-innovation” stance. However, with news... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 04/15/2024 08:46 EDT

Gamers suit up: You can now build ESA’s future lunar base in Fortnite

Space nerds delight: you can now play as an astronaut in Fortnite. You can even team up with your buddies to build a lunar habitat based on real future missions of the European Space Agency. Designed by Epic Games, Lunar Horizons is set at the lunar south pole. This is the point on the Moon deemed most suitable for human habitation due to the possible existence of water ice. Epic... Read more

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The Next Web
Callum Booth @ The Next Web 3 place · 04/15/2024 06:20 EDT

Digital displays and the end of the ‘screen age’

While it’s commonly said we live in the information era, I like calling it something else: the screen age. Over the past seventy years, we’ve seen displays seep into almost every aspect of our lives. We had televisions arrive in our homes, reshaping news and entertainment. Hot on their heels came smartphones, which changed communication and how we interact with the world at large. This tech altered the globe in... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 04/12/2024 11:04 EDT

New hope for VanMoof as troubled ebike maker resumes sales

Dutch ebike maker VanMoof has begun selling ebikes on its own website once more, following an almost year-long hiatus after it went bankrupt in July last year.   The models on offer are refreshed versions of the S5 and A5, which were first released in 2022. Although the upgraded ebikes look exactly the same, they’ve been re-engineered in almost every aspect, says the company’s co-CEO Eliott Wertheimer. While this is just... Read more

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The Next Web
Grant Aarons @ The Next Web 2 place · 04/12/2024 07:43 EDT

Why enhanced rock weathering promises carbon-capturing fields of dreams

A weird technology has emerged as a leader in the quest for net zero. But this form of carbon capture, called Enhanced Rock Weathering (or ERW for short), still requires innovation — and government oversight. Society has a knack for embracing new technologies, often driven by a blend of vanity, curiosity, and a desire to be ahead of the curve. Whether it’s being the first to own the latest gadget... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 1 place · 04/12/2024 06:54 EDT

Intruders beware: New face-detecting AI security cam fires paintballs and teargas

Homeowners delight: a startup from Slovenia has created what might just be the most badass security camera ever made.  The “world-first” device is called Eve, but she ain’t no saint. Eve is an AI-powered home security system that fires paintballs and tear gas pellets at intruders.  Via computer vision technology — that also works at night — the cam can recognise individual faces and even animals. Users can designate guests... Read more

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The Next Web
Linnea Ahlgren @ The Next Web 2 place · 04/11/2024 08:47 EDT

New breakthrough promises ‘entirely secure’ quantum cloud computing

Ever heard of hybrid matter-photon implementation of verifiable blind quantum computing? No? Neither had we, until today. But it could just be what will make next-generation quantum computers securely accessible to “millions of individuals and companies” — without exposing any of their data. At least, according to scientists at Oxford University Physics. A team of researchers at its UK Quantum Computing and Simulation Hub claim to have hit a major... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 04/11/2024 08:03 EDT

Europe’s first pilot plant for cultivated fish opens in Germany

German startup Bluu Seafood today launched Europe’s first pilot plant for cultivated fish. The facility in Hamburg brings lab-grown seafood a step closer to the market. Bluu had previously developed the controversial food in a small lab in Lübeck, Germany. The new site expands the work across 2,000 square metres of customised research, production, and office space. At the plant’s core are new fermenters for cultivating muscle, fat, and tissue... Read more

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The Next Web
Chris Ward @ The Next Web · 04/11/2024 08:00 EDT

The state of open source in Europe

Open source is at a crossroads. For the past few years, venture capital has directly or indirectly paid for many of the contributors and much of the infrastructure it needed to keep going. That was until the past 24 months or so, when funding started to slow down, leading to less internal development or funding resources going toward open source. Companies suddenly had to justify themselves, have a real business... Read more

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The Next Web
Thomas Macaulay @ The Next Web · 04/11/2024 05:00 EDT

Space tourism balloon startup unveils ‘luxury’ capsule design

A space tourism company promising stratospheric balloon rides has unveiled the vehicle’s capsule design. Halo Space is building the balloon for zero-emission commercial flights to altitudes of up to 40km. Tickets will cost a whopping €150,000 each. On each flight, a pilot and eight passengers will enter the pressurised cabin. The helium balloon will then gradually ascend with minimal G-forces to the stratosphere. From this perch above the sky, passengers... Read more

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The Next Web
Thomas Macaulay @ The Next Web 1 place · 04/11/2024 01:00 EDT

‘British DARPA’ to build AI gatekeepers for ‘quantitative safety guarantees’

A British R&D unit today unveiled a futuristic vision of “quantitative safety guarantees” for AI. The Advanced Research and Invention Agency (ARIA) compares the guarantees to the high safety standards in nuclear power and passenger aviation. In the case of machine learning, the standards involve a probabilistic guarantee that no harm will result from a particular action. At the core of ARIA’s plan is a “gatekeeper” AI.  This digital sentinel... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 04/10/2024 11:09 EDT

Green transition at the centre of EU-China tech rivalry

With the geopolitical landscape turning more unstable by the day, EU relations with China are also becoming increasingly turbulent. At the core of the rising tensions lies the quest for tech supremacy as well as economic and national security. “In a world powered by technology, those who lead are those who control the most critical technologies, and their supply chains,” EUcompetition chief Margrethe Vestager said during a speech on Tuesday.... Read more

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The Next Web
Siôn Geschwindt @ The Next Web · 04/10/2024 07:56 EDT

Max Planck spinout nets €20M to build ‘stellarator’ fusion machine

A German startup has secured new funding for a peculiar twisted-looking reactor that could prove a quicker path to clean, virtually limitless fusion energy.  Proxima Fusion has raised €20mn as it looks to bring its designs for the so-called stellarator fusion reactor to life.  “We are working to deliver a demonstrator of net-energy production in continuous operation by 2031, and a first-of-a-kind power plant in the mid-2030s,” Dr Francesco Sciortino,... Read more

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The Next Web
Thomas Macaulay @ The Next Web 2 place · 04/10/2024 06:10 EDT

Meta’s AI chief: LLMs will never reach human-level intelligence

There’s no escaping the hype around artificial general intelligence. Barely a day passes without a new headline about the concept, which envisions computer systems outperforming humans at various cognitive tasks. In the last month alone, a trio of tech luminaries have added fresh proclamations. Nvidia CEO Jensen Huang suggested AGI would arrive within five years. Ben “father of AGI” Goertzel forecasted a mere three. Elon Musk typically made the boldest... Read more

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The Next Web
Andrii Degeler @ The Next Web · 04/10/2024 05:45 EDT

TNW Podcast: Jean-David Malo on EU money for startups; quantum without noise

 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, Linnea and Andrii talk about a promising quantum breakthrough, a public funding disaster in Poland, the first Macintosh in Europe, and much more. The guest of the show is Jean-David... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web 2 place · 04/09/2024 11:54 EDT

Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse

Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month. “The purpose of this mechanism is clearly to act as a multiplier and serve to attract further investment,” Meloni said in a video message. CDP’s venture capital arm will provide the... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 2 place · 04/09/2024 10:24 EDT

Autonomous vertical farming startup to grow crops in space in 2026

A vertical farming startup from the UK is taking its technology to new heights.   The UK Space Agency has awarded Vertical Future £1.5mn to build an autonomous farm in orbit. The high-tech veggie garden will be installed on the world’s first commercial space station.  Currently being constructed by US-based Axiom Space, the station is due to open its doors to eager astronauts in 2026. Space stations are an ideal testing... Read more

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The Next Web
Ioanna Lykiardopoulou @ The Next Web · 04/09/2024 09:34 EDT

Ukraine launches defence tech accelerator amid sector-wide boom

Ukraine has launched a defence tech accelerator programme for new startups aiming to deliver innovative solutions for military applications. The Defence Builder Accelerator is a four-month-long training programme, which will provide full-cycle support for product development. This includes 100 hours of online lectures and eight 1:1 meetings with mentors. As part of the programme, startups will also receive introductions to investors and further fundraising assistance. In addition, they will get... Read more

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The Next Web
Siôn Geschwindt @ The Next Web 3 place · 04/09/2024 06:15 EDT

Finnish startup to launch ‘software-defined’ satellite with ESA

Helsinki-based startup ReOrbit is preparing for the first demonstration of its “software-enabled” satellite. This marks the next phase of the ESA’s UKKO programme, which works with ReOrbit to develop and test next-gen tech for Earth observation satellites. (Fun fact: Ukko is the god of the sky, weather, harvest, and thunder in Finnish mythology). ReOrbit’s first in-orbit demonstration satellite is scheduled for launch in the second quarter of 2025. It will... Read more

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28.11.2024 04:41
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