Space balloon for tourists set for landmark test flight
A “space balloon” for tourists is set for a test flight in Saudi Arabia this September. Spanish startup Halo Space built the balloon for zero-emission trips into the stratosphere. Each…
Depop and Selfridges are stitching AI analytics into second-hand fashion
Depop and Selfridges are sewing an AI thread into their clothes. The fashion retailers have enlisted British startup Kelp Technologies to analyse market trends and prices of second-hand apparel. Kelp —…
Terra Quantum wins US Air Force contract for quantum-resistant network study
Swiss startup Terra Quantum announced today it has landed a contract to embark on a study with the US Air Force for a network utilising post-quantum cryptography, quantum key distribution,…
Philosophy is crucial in the age of AI
New scientific understanding and engineering techniques have always impressed and frightened. No doubt they will continue to do so. OpenAI recently announced that it anticipates “superintelligence” — AI surpassing human…
‘Switzerland of quantum computing’ raises $75M for error-correction chip
UK-based Riverlane announced today it has secured $75mn in Series C funding to meet “surging global demand” for quantum error correction — and propel it on its path toward 1…
Death from overwork: AI app pitches solution to Japan’s ‘karoshi’ problem
It’s Friday, and you know what that means! That’s right — it’s time to talk about working yourself to death. It’s a fate we could all face. Take your humble…
EU AI Act enters into force, sets global standard for AI governance
The European Union’s AI Act entered into force yesterday. It is the world’s first comprehensive regulation for artificial intelligence. First agreed upon in December 2023, the law is applying a…
UK startup accuses Google of ‘predatory conduct’ over withdrawal of Gmail API
Google has been accused of exploiting a regulatory gap to terminate a startup’s access to the Gmail API. London-based Gener8 said the API is “critical” to its business. The company offers people…
UK chip incubator startups secure over £10M in funding
Twelve semiconductor startups taking part in the UK’s ChipStart scheme have raised over £10mn in funding from private investors and grants, the British government announced today. Launched in October 2023,…
Google DeepMind launches 2B parameter Gemma 2 model
Google DeepMind announced today the release of the 2 billion (2B) parameter version of Gemma 2, the second generation of its Gemma AI models. First launched in February this year,…
EU backs 15 startups to fight online misinformation with blockchain
The EU has awarded €1.8mn to 15 startups to help tackle online misinformation, fraud, and fake identities with blockchain-based technologies. The grant funding is part of the NGI TrustChain initiative,…
TNW Podcast: IKEA’s Parag Parekh on digital ethics; €100B for AI research in Europe
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…
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