While this year thus far has been less profitable for ASML, the tech giant saw orders for its chip making machines increase again over the past three months. According to the company’s…
Month: July 2024
TNW Podcast: Ariane 6 brings hope; how European companies use AI
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…
Riverlane and Atlantic Quantum join forces to advance fault-tolerant quantum computing
Today, UK error-correction specialist Riverlane and startup Atlantic Quantum announced they have entered into a strategic partnership to scale fluxonium-based qubit architecture and advance the technology towards useful quantum computing. It is…
DeepL launches new LLM that ‘outperforms’ Google Translate, ChatGPT
Since its launch in 2017, DeepL has successfully rivalled machine translation giants such as Google Translate. Today, with the launch of its new large language model (LLM), the startup aims to raise…
What The Jetsons got right and wrong about the future of work
Sixty years ago the animated series The Jetsons finished its first and only season before being cancelled. Just 24 episodes were broadcast between September 1962 and March 1963. Despite this, the cartoon…
Yandex founder launches new Amsterdam-based AI venture after Russia divestment
Yandex founder Arkady Volozh is building a cloud service platform for developers to train artificial intelligence models. Named Nebius Group, the company says its aim is to become a European global leader…
UK AI startups are now worth $256B, says report
UK-based AI startups are now worth $256bn, according to new data from Dealroom and HSBC Innovation Banking. They also account for 22% of the country’s innovation ecosystem value — up from 12%…
UK scaleup Huma launches ‘Shopify-like’ platform for digital health tools
UK-based Huma has launched today the Huma Cloud Platform, a “Shopify-like” tool for the healthcare ecosystem to design, build, and launch digital health services. “The digitalization of the healthcare ecosystem is a…
UK solar tech scaleup Naked Energy raises £17M for global expansion
UK-based Naked Energy has raised £17mn in a Series B round to boost the global expansion of its solar tech solutions. Founded in 2009, Naked Energy set out to help decarbonise heat…
How Europe’s universities are using AI to battle dementia
If there’s one area where AI can truly have an unprecedented positive impact, it is healthcare — especially when it comes to the diagnosis and treatment of currently incurable diseases such as…