Month: July 2024

French startup AdCreative.ai has launched a new large language model build exclusively for advertising. Named AdLLM Spark, the system was built to craft ad text with high conversion rates on every major advertising…

When Ariane 6 suffered a glitch on its first flight, the mishap felt strangely inevitable. Nearly half of all rockets fail on their first launches. After a troubled development and four years…

Japanese tech group SoftBank has acquired yet another British chip player. This time it has snapped up Bristol-based AI processor developer Graphcore, whose very survival was in doubt over the past year. …

Tech bros are for the first time poised to become pivotal players in highly sensitive sectors: national security, space exploration, and more. Most recently, NATO’s €1B Innovation Fund announced investments in eight…

Innovation thrives at the intersection of academia and entrepreneurship. Universities serve as breeding grounds for startups poised to disrupt industries with their novel ideas and cutting-edge technologies.  Yet, the path from academic…

Military AI startup Helsing has raised a whopping €450mn at a reported valuation of €5bn. The German company said the war chest will fund security for NATO’s Eastern Flank. Founded in 2021, Helsing…

UK-based startup Oxford Ionics today announced a significant achievement for its ion-trapped quantum processors, demonstrating over twice the performance of the previous world record — without using error correction.  While not providing…

Whisper it, but startup funding is showing signs of a rebound. Venture capital investment in Europe has risen by 12% so far in 2024, according to Dealroom. By June, the financing for…

PhotonDelta, a photonic chip accelerator in the Netherlands, has opened an office in Silicon Valley — marking a milestone moment for the Dutch semiconductor sector. The move is part of PhotonDelta’s goal…

US chipmaker AMD has agreed a $665mn (€614mn) deal to buy Finnish startup Silo AI, one of Europe’s leading artificial intelligence firms. AMD announced the all-cash transaction on Wednesday. The Californian company…