Imagine a future where internet connections are not only lightning-fast but also remarkably reliable, even in crowded spaces. This vision is rapidly approaching reality, thanks to new research on terahertz communications technologies. These innovations are set to transform wireless communication, particularly as communications technology advances toward the next generation of networks, 6G. I’m an engineer who focuses on photonics, the study of how light and other electromagnetic waves are generated... Read more ›
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DeepL, the Cologne-based AI translation unicorn, today launched its first tech hub in the US, in New York City. The move follows the company’s increasing growth and investment in the US market, where it already counts customers such as Coursera and Morningstar. DeepL opened its first US office, in Austin, Texas, earlier this year. The New York tech hub will focus on research, product innovation, and engineering, aiming to boost... Read more ›
2
Microsoft has partnered with medical note taking software startup Autoscriber to further scale the latter’s software across the EMEA region. The company’s speech-based AI tool frees up large chunks of doctors’ time and allows them to stay focused on their patients during consults. Based out of the Netherlands and South Africa, Autoscriber offers an ambient clinical intelligence (ACI) product that automatically generates summaries from real-time doctor-patient conversations and fills out... Read more ›
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Gone are the days of elite footballers buying pubs. Today’s star players prefer to put their money into tech. Kylian Mbappe is one of the new generation’s leaders. The French captain has his own investment company, Coalition Capital, which just bought a stake in German electronics giant Loewe Technology. The luxury brand has an ambitious business plan. Over the next few years, the company aims to increase annual revenues from... Read more ›
0
Dubai is a city on the rise. The first nine months of 2023 saw its Gross Domestic Product (GDP) increase by 3.3%, while in the same period, its information and communications sector shot up by 4.4%. Alongside its prolonged economic success, the city has also become a haven for startups and the tech sector in general. A big part of this has been the country’s dedication to stoking business, something... Read more ›
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What do the Rothschilds, big wave surfing, and cows have in common? A Portuguese man by the name of Francisco Roque de Pinho, of course. Francisco used to be a banker at Rothschild, the most famous of European banking dynasties. For the past eight years he’s been quietly operating an investment firm funding sustainable cattle grazing in South America. In his spare time, he’s out conquering the world’s biggest surfable... Read more ›
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Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s icy North, the Financial Times reports. Environmental prosecutor Christer B Jarlås told the paper that officials will deliver the formal notice in the coming weeks, which indicates Northvolt is under investigation for possible legal responsibility in the incident. The notice pertains... Read more ›
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This month, the European Commission published Mario Draghi’s long-awaited EU competitiveness report. Its key finding? The EU must overcome the innovation gap to prevent economic slowdown. According to the report, only four out of the 50 leading tech companies across the globe are based in Europe. In his address to the European Parliament, the former Italian premier said: “The core problem in Europe is that new companies with new technologies... Read more ›
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Arm wants to upgrade the brains inside our mobile devices. The chip designer — whose architectures power 99% of smartphones — envisions AI bringing a new wave of breakthroughs to our handsets. The company outlined this plan after the release of Llama 3.2 — Meta’s first open-source models that processes both images and text.Arm said the models run “seamlessly” on its compute platform. The smaller, text-based LLMs — Llama 3.2... Read more ›
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UK startup Pact has raised £9mn in funding and opened a new factory to scale up the “world’s first” sustainable and scalable biomaterial made from collagen — the primary building block of your skin. The material — dubbed Oval — looks, feels, and ages much like leather, but without the environmental impacts. Oval doesn’t just look like leather, it also responds to scratches, water, and sunlight in much the same... Read more ›
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Amsterdam-based scaleup Mews has bagged $100mn in credit financing as it looks to swallow up competitors and become a market leader in SaaS software for the hospitality industry. Vista Credit Partners, the credit-investing arm of tech-focused private equity firm Vista Equity Partners, dished out the funding. Mews, based at TNW City, has built a cloud-based system that helps hotels and other hospitality businesses manage their daily operations more efficiently. It... Read more ›
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Following a five-fold growth since 2018, VC investment in Europe’s defence tech is set to hit a record year in 2024, as it’s on course to reach $1bn. According to a new Dealroom report, Europe is now at the heart of an investment surge, as governments turn to the defence tech sector to strengthen national security in response to escalating geopolitical instability. “As we face war on European soil for... Read more ›
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Nebius today announced the launch of a new data centre in Paris — among the first in Europe to offer NVIDIA’s H200 Tensor Core GPUs. The company, which is the rebranded European arm of “Russia’s Google,” Yandex, is investing more than $1bn to build AI infrastructure across the continent by mid-2025. “We work in a new industry which requires both deep technology and significant capital,” said Arkady Volozh, CEO and... Read more ›
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A new recreation of the Moon on Earth has sparked hopes of a “European renaissance” in space. Known as LUNA, the futuristic facility was inaugurated today in Cologne, Germany. The ceremony showcased several striking features, from a 700-square-metre replica of the lunar surface to a Sun simulator that mimics the Moon’s phases. Also in the pipeline are a gravity offloading system and an adjustable ramp that simulates lunar slopes. Operated... 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, Linnea and Andrii talk about energy use at data centres, the state of Northvolt, submarine communications, and a few things in between. You will also hear an interview with Chiara Petrioli,... Read more ›
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As part of the EU’s drive to become the first climate-neutral region globally by 2050, it has championed a number of initiatives to encourage more sustainable business practices that contribute to this goal. Most recently in July the Ecodesign for Sustainable Products Regulation (ESPR) came into force to galvanise businesses in select sectors to actively support this aim. Part of the EU’s Circular Economy Action Plan (CEAP), the ESPR seeks... Read more ›
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Bunq has become the latest fintech to enter the crowded European stock trading market. The Amsterdam-based neobank yesterday announced its new Stocks product, which it claims is “tailored to digital nomads.” The Dutch bank already provides in-app portfolio investing options in environmentally-friendly companies. Stocks significantly expands the offerings. Users can now invest in popular US and EU public companies as well as multi-asset ETFs. Stocks on offer include Apple, Tesla,... Read more ›
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The United Arab Emirates, and Dubai in particular, has long been the gateway to the Middle East for international businesses. The Emirate is first in the world in terms of attracting Greenfield foreign direct investment and continues to attract major tech players, with Amazon, Google, Cisco, Oracle, Dell, and IBM all using Dubai as their headquarters in the MENA region. But recently, the city has become a haven for international... Read more ›
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London-based Convergence has raised $12mn in pre-seed funding to further develop its personal AI agents, which can learn using long-term memory much like humans do. Behind the startup are machine learning engineers Marvin Purtorab (CEO) and Andy Toulis (CTO). The duo met at Shopify while working on recommender systems and AI assistants. In 2023, they joined enterprise AI startup Cohere. In April 2024, they founded Convergence, assembling a team of... Read more ›
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London, Paris, Amsterdam, and Berlin are the leading VC ecosystems in Europe, but the region is significantly lagging behind the US and Asia. That’s according to the latest report by Pitchbook analysts, who ranked global VC ecosystems based on their development and growth level. They used data related to deals, exits, fundraisings, and overall activity from the last six years, between Q3 2018 and Q2 2024. The development rankings are... Read more ›
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25.04.2026 18:33
Last update: 18:20 EDT.
News rating updated: 01:21.
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