Synthesia becomes UK’s biggest GenAI company with $2.1B valuation

Synthesia has claimed the crown of Britain’s biggest GenAI company after raising $180mn at a $2.1bn valuation. The London-based business generates lifelike avatars for video content. Enterprises use the software…

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Dutch startup Shift plans to build $250M ‘world wonder’ to inspire climate action

Shift, a social enterprise founded by Dutch tech entrepreneur Don Ritzen, has announced its ambitious plans to construct a massive landmark designed to inspire action on climate change.  Shift aims…

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Dutch startup lands €4.75M for unique appoach to photonic chip-making

Eindhoven-based startup Photon IP has raised €4.75mn in seed funding as it looks to scale up its unique method for creating energy-efficient photonic chips.   AI systems, data centres, fibre-optic networks,…

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TNW boosts startup mission with new role for ecosystems leader Yeni Joseph

TNW has strengthened its support for European tech by adding ecosystems expert Yeni Joseph to the management team. Yeni has also started a new role as Head of Ecosystem Strategy…

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Verdiva launches with $410M for weight loss drugs to challenge Ozempic, Wegovy

London-headquartered biotech startup Verdiva has emerged from stealth with a whopping $410mn for a new range of drugs aimed at tackling the obesity epidemic. It’s one of Europe’s largest-ever biotech…

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Inside the AI startup refining Hollywood — one f-bomb at a time

Hollywood is infamous for celebrity excess, but Tinseltown strictly controls one scandalous indulgence: swearing. Director Scott Mann encountered these constraints after shooting the thriller Fall. Movie giant Lionsgate — best-known…

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Generative AI is making traditional ways to measure business success obsolete

Businesses are already being radically transformed by artificial intelligence (AI). Tools now exist that offer instantaneous, high-quality results in improving certain operations without the burden of high costs or delays.…

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