Artificial intelligence is the big thing right now, with industries from finance to health care to retail scrambling to adopt AI or risk being left behind. But speaking as professors of business, we think some companies might be jumping the gun. Our recent research suggests that service providers shouldn’t automatically jump on the AI bandwagon. Instead, they should make a choice informed by their strategy. In short, when it comes... Read more ›
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If you follow European AI news, you may have read that Finland’s Silo AI and Germany’s Aleph Alpha recently established a partnership to deliver “sovereign AI.” It would seem whoever is responsible for partnerships at Silo is keeping busy, as the company today announced yet another collaboration, this time with investor darling Mistral AI. The past couple of years have seen businesses scramble to implement AI, often even before they... Read more ›
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As AI boosts demand for more data storage, Europe is considering sending data centres into space — and the plan is not as outlandish as it may first appear. A 16-month, €2 million study has concluded that space-based data centres are technically, economically, and environmentally feasible. Thales Alenia Space and Leonardo coordinated the ASCEND study, which was funded by the EU. The research also tapped expertise from the likes of... Read more ›
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A report published today by McKinsey on the state of the global quantum tech sector has found that Europe is spending more and more in public funding on technologies such as quantum computers, quantum sensors, and quantum communications. Quantum technology is increasingly recognised as being of high geopolitical and strategic importance. Governments are drafting national quantum strategies, and many quantum computing and other quantum tech projects are overseen by ministries... Read more ›
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Boxing is a whimsically old-fashioned sport. Feuds are settled in fights, traditions are revered, and ageing faces run the show. Fifty years since their heydays promoting Muhammad Ali, the 92-year-olds Don King and Bob Arum remain leading powerbrokers. They work with overlords who operate in the shadows. In this world, oversight is resisted and new tech greeted with suspicion. At world title fights, judges still fill out scorecards on scraps... Read more ›
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A Silicon Valley startup is developing a hot rock battery that could be the next big thing in energy storage — and it’s coming to Europe. The giant brick toaster is the brainchild of San Francisco-based Rondo Energy. The startup believes it could be a cheap, scalable way to decarbonise industries making everything from steel to soap. Rondo has already raised over $100mn from investors including Microsoft, mining conglomerate Rio... Read more ›
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The EU’s supercomputer alliance yesterday announced the winners of its AI startup competition. Four companies will split €1mn — and precious uptime on world-class high-performance computer systems to train their models. Training and running AI requires massive amounts of computational resources. For example, as part of its deal with OpenAI, Microsoft built Eagle, one of the world’s most powerful supercomputers, for its new investment. Elon Musk is on track to... Read more ›
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Twenty-six years. That is roughly how much of our lives are spent asleep. Scientists have been trying to explain why we spend so much time sleeping since at least the ancient Greeks, but pinning down the exact functions of sleep has proven to be difficult. During the past decade, there has been a surge of interest from researchers in the nature and function of sleep. New experimental models coupled with... 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 — recorded with live audience at TNW Conference 2024 — Linnea and Andrii talk about post-quantum cryptography, competitive Excel, and a few more things in between. The guest of the... Read more ›
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Carbon removal platform Supercritical today announced the launch of its live pricing and availability function for global biochar projects in support of the transparency of the budding carbon removal market. Most have heard of carbon offsetting — and of the junk credits often associated with it. However, the newer term of carbon removal credits (CRC) might just provide more bang for the climate change buck, if measured, verified, and paid... Read more ›
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Opera is unveiling today the new version of its flagship AI-centric browser, Opera One, which first launched in 2023. With Opera One, the Norwegian company became one of the early adopters of generative AI applications in web browsing. Its native chatbot, Aria, provides a set of tools such as summarisation, translation, and information search. Dubbed Opera One R2, the new version is now available for testing. It aims to expand... Read more ›
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Helsinki-based Valpas has raised €4mn in a seed round to tackle a crawling menace: bed bugs. The bed bug outbreak in Paris last year spread apocalyptic vibes across the hotel industry and beyond. Containing the pest infestation proved and remains a challenging task. These insidious hitchhikers travel on clothes and in luggage and spread and multiply rapidly. For hotels, this doesn’t only entail the cost of extermination. It’s also a... Read more ›
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Swedish pet telehealth startup FirstVet has secured €20mn to grow its operations and expand its remote veterinary care services in North America. The platform offers immediate video consultations and wants to be “the first natural point of contact for all pet owners.” As someone who has recently become a puppy pawrent, I am constantly aware of any potential shifts in my dog’s health. Especially as he is yet to grasp... Read more ›
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SkyCell, based in Switzerland, has closed $116M in a Series D round for its technological solution that improves the pharmaceutical supply chain for air travel. Founded in 2013, the startup manufactures temperature-controlled containers, using proprietary cold chain technology to monitor and optimise functions such as cooling, humidity protection, and shock absorption. The containers also come with a patented insulation system that reflects heat radiation, enabling them to self-charge in cold... Read more ›
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While Stability AI’s latest image generating model, Stable Diffusion 3, may have been a success, things behind the scenes at the company have been slightly more turbulent. However, with today’s funding announcement, it seems the immediate financial woes may be over for the time being. Following the departure of founder and Chief Executive Officer Emad Mostaque in March after allegations of mismanagement and what Fortune termed an “investor mutiny,” sources... Read more ›
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Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe. The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products. To deliver the programme, Meta has once again teamed up with Hugging Face, a US-based open-source platform that hosts machine learning models and tools, and Scaleway, a European cloud provider for... Read more ›
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It is notoriously difficult for startups in life sciences and biotechnology to get investments for lab facilities and equipment to be able spin out from universities. To that effect, Superlab Suisse operates facilities where biotech startups, scaleups, and their staff can access state-of-the-art equipment according to a “lab as a service” business model. The company today announced the opening of its second space in biotech hub Basel, Switzerland. The 4,770... Read more ›
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Swiss startup Neustark has raised $69mn to take its carbon capture technology global. BlackRock, the world’s largest asset manager, and Singaporean investment firm Temasek led the funding round. Neustark captures waste CO2 from biogas production. It injects it into recycled concrete, which then gets reused to make new roads and buildings. The concrete stores the carbon for at least 100,000 years, even if it gets demolished. “We turn the world’s... Read more ›
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Move over Clojure, there’s a new kid on the block; Zig has emerged as the best-paying programming language for developers in 2024. That’s according to the latest Stack Overflow survey. The poll, which included 89,184 software developers across 185 countries, found that Zig developers command the highest median salaries, earning $103,000 per year on average. Just 0.83% of the surveyed developers reported they were proficient in Zig, underscoring its relative... Read more ›
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Business leaders continue to panic around a perceived lack of AI skills. According to Salesforce data, only one-in-10 global workers have so-called “in-demand AI skills.” This concern is reflected among senior management, with Deloitte finding that 68% of executives report a moderate-to-extreme AI skills gap. In fact, the phrase “AI skills” is a misnomer, and executives would do well to avoid blindly talking about it. Instead, leaders should focus on... Read more ›
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26.04.2026 05:07
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