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Swedish startup bets big on zinc-ion batteries with world’s first megaplant
Swedish startup Enerpoly has opened the world’s first zinc-ion battery megafactory. Its vision is to scale a better alternative to lithium-ion for storing renewable energy over longer periods of time. The Enerpoly Production Innovation Center (EPIC) facility is located north of Stockholm. Commissioning has already begun and the plant is expected to make the first zinc-ion batteries next year. The company aims to reach a maximum production capacity of 100MWh by 2026 — enough energy to power around 20,000 homes. Enerpoly’s new zinc-ion megafactory on the outskirts of Sweden. Credit: Enerpoly In 2018, Dr. Mylad Chamoun made a breakthrough in…This story continues at The Next Web
Swedish startup Enerpoly has opened the world’s first zinc-ion battery megafactory. Its vision is to scale a better alternative to lithium-ion for storing renewable energy over longer periods of time. The Enerpoly Production Innovation Center (EPIC) facility is located north of Stockholm. Commissioning has already begun and the plant is expected to make the first zinc-ion batteries next year. The company aims to reach a maximum production capacity of 100MWh by 2026 — enough energy to power around 20,000 homes. Enerpoly’s new zinc-ion megafactory on the outskirts of Sweden. Credit: Enerpoly In 2018, Dr. Mylad Chamoun made a breakthrough in…
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Samsung completes €86M takeover of French AI ultrasound startup Sonio
Samsung Medison, a medical equipment unit of Samsung Electronics, has completed its acquisition of French AI-powered ultrasound startup Sonio in a deal worth 126.5bn Won (€86mn). Founded in 2020, Sonio has developed an AI assistant that helps doctors conduct ultrasound exams faster and more accurately. The French startup recently received FDA approval for Sonio Detect, a product that uses deep learning algorithms to improve the image quality of ultrasound scans in real time. Sonio Detect’s AI model is trained on over a million real ultrasound images. The software is designed to identify prenatal syndromes and abnormalities that doctor’s might’ve missed…This story continues at The Next WebOr just read more coverage about: Samsung
Samsung Medison, a medical equipment unit of Samsung Electronics, has completed its acquisition of French AI-powered ultrasound startup Sonio in a deal worth 126.5bn Won (€86mn). Founded in 2020, Sonio has developed an AI assistant that helps doctors conduct ultrasound exams faster and more accurately. The French startup recently received FDA approval for Sonio Detect, a product that uses deep learning algorithms to improve the image quality of ultrasound scans in real time. Sonio Detect’s AI model is trained on over a million real ultrasound images. The software is designed to identify prenatal syndromes and abnormalities that doctor’s might’ve missed…
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Spain is luring digital nomads into the countryside with €15,000 grants
In Barcelona, digital nomads risk being attacked by angry water pistol-wielding locals. But other parts of sun-soaked Spain are welcoming remote workers with open arms — and wads of cash. This week, the local government of Extremadura announced it is offering digital nomads and remote workers up to €15,000 to move to the rural region. The grants are for “available housing, arable land, and everything necessary to expedite their arrival,” said officials in a press release. Bordering Portugal, Extremadura is known for its mountainous landscapes, vineyards, historic villages, great food, and low cost of living. An apartment in the Cáceres…This story continues at The Next Web
In Barcelona, digital nomads risk being attacked by angry water pistol-wielding locals. But other parts of sun-soaked Spain are welcoming remote workers with open arms — and wads of cash. This week, the local government of Extremadura announced it is offering digital nomads and remote workers up to €15,000 to move to the rural region. The grants are for “available housing, arable land, and everything necessary to expedite their arrival,” said officials in a press release. Bordering Portugal, Extremadura is known for its mountainous landscapes, vineyards, historic villages, great food, and low cost of living. An apartment in the Cáceres…
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Uber backs Wayve as it targets level 4 autonomous vehicles
Uber has made an investment in Wayve, as the ride-hailing giant positions itself to profit from the moment when (or if?) autonomous vehicles finally go mainstream. The undisclosed investment is an extension of Wayve’s massive $1bn funding round, announced in May. Under the deal, Uber has taken a minority stake in the London-based self-driving startup. “Wayve’s advanced embodied AI approach holds a ton of promise as we work towards a world where modern vehicles are shared, electric, and autonomous,” said Uber’s CEO Dara Khosrowshahi. Founded in Cambridge in 2017, Wayve fits a regular car with a range of cameras and…This story continues at The Next WebOr just read more coverage about: Uber
Uber has made an investment in Wayve, as the ride-hailing giant positions itself to profit from the moment when (or if?) autonomous vehicles finally go mainstream. The undisclosed investment is an extension of Wayve’s massive $1bn funding round, announced in May. Under the deal, Uber has taken a minority stake in the London-based self-driving startup. “Wayve’s advanced embodied AI approach holds a ton of promise as we work towards a world where modern vehicles are shared, electric, and autonomous,” said Uber’s CEO Dara Khosrowshahi. Founded in Cambridge in 2017, Wayve fits a regular car with a range of cameras and…
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Sweden’s been stealthily using hydrogen to forge green steel. Now it’s ready to industrialise
Deep in Sweden’s icy north sits a small factory where the country’s largest industrial players have been steadily validating a new technology that could clean up one of the dirtiest industries on Earth. Energy giant Vattenfall, steel-maker SSAB, and mining firm LKAB built the facility — located in the small town of Luleå — in 2020, as part of the HYBRIT project. The initiative aims to prove that steel can be made on an industrial scale using hydrogen and clean electricity. “Using hydrogen to produce steel is still in its very early stages,” an SSAB representative told TNW. “It represents…This story continues at The Next Web
Deep in Sweden’s icy north sits a small factory where the country’s largest industrial players have been steadily validating a new technology that could clean up one of the dirtiest industries on Earth. Energy giant Vattenfall, steel-maker SSAB, and mining firm LKAB built the facility — located in the small town of Luleå — in 2020, as part of the HYBRIT project. The initiative aims to prove that steel can be made on an industrial scale using hydrogen and clean electricity. “Using hydrogen to produce steel is still in its very early stages,” an SSAB representative told TNW. “It represents…
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Quantum computing: the inevitable threat to information security
In an era where technological advancements continually reshape our world, one of the most significant emerging threats is quantum computing. This powerful technology, while promising revolutionary benefits, poses a substantial risk to our current cybersecurity infrastructure. As we stand on the brink of this quantum revolution, it is imperative to understand the potential dangers and prepare accordingly. The quantum leap Quantum computing harnesses the principles of quantum mechanics to perform computations at speeds unimaginable with classical computers. In 2019, Google proclaimed to have demonstrated “quantum supremacy” when its Sycamore processor solved a problem in 200 seconds that would take…This story continues at The Next WebOr just read more coverage about: Security
In an era where technological advancements continually reshape our world, one of the most significant emerging threats is quantum computing. This powerful technology, while promising revolutionary benefits, poses a substantial risk to our current cybersecurity infrastructure. As we stand on the brink of this quantum revolution, it is imperative to understand the potential dangers and prepare accordingly. The quantum leap Quantum computing harnesses the principles of quantum mechanics to perform computations at speeds unimaginable with classical computers. In 2019, Google proclaimed to have demonstrated “quantum supremacy” when its Sycamore processor solved a problem in 200 seconds that would take…
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Or just read more coverage about: Security
Over a third of the UK’s fastest-growing companies have a founder born abroad
Here’s a timely reminder of the benefits that immigrants bring to startups: 39% of Britain’s 100 fastest-growing companies have a foreign-born founder. That’s according to new research the Entrepreneurs Network, a think tank based in London. The findings show “the critical contribution” that international talent makes to the UK, the report’s authors said. Undoubtedly, they have an outsized impact on the country’s startups. Immigrants comprise an estimated 14.8% of Britain’s total population, yet they’ve founded over one-third of its fastest-growing businesses. The new data echoes prior research from across the world. Studies show that most billion-dollar startups in the US…This story continues at The Next Web
Here’s a timely reminder of the benefits that immigrants bring to startups: 39% of Britain’s 100 fastest-growing companies have a foreign-born founder. That’s according to new research the Entrepreneurs Network, a think tank based in London. The findings show “the critical contribution” that international talent makes to the UK, the report’s authors said. Undoubtedly, they have an outsized impact on the country’s startups. Immigrants comprise an estimated 14.8% of Britain’s total population, yet they’ve founded over one-third of its fastest-growing businesses. The new data echoes prior research from across the world. Studies show that most billion-dollar startups in the US…
This story continues at The Next Web
When everyone is in the wrong: Telegram’s Durov must remain in France and post a €5M bail
This just in: French prosecutors have charged Telegram’s Russian-born founder Pavel Durov with a wide range of crimes and banned him from leaving the country. He’s now placed under a heavy judicial control with twice-a-week police check-ins and has to post a €5mn bail, according to a statement by Paris Public Prosecutor Laure Beccuau. This development marks a major milestone in what seems to be one of this year’s most important technology news stories that started less than a week ago when French authorities arrested Durov at Le Bourget airport outside Paris. Soon after, the prosecutor’s office released a list…This story continues at The Next Web
This just in: French prosecutors have charged Telegram’s Russian-born founder Pavel Durov with a wide range of crimes and banned him from leaving the country. He’s now placed under a heavy judicial control with twice-a-week police check-ins and has to post a €5mn bail, according to a statement by Paris Public Prosecutor Laure Beccuau. This development marks a major milestone in what seems to be one of this year’s most important technology news stories that started less than a week ago when French authorities arrested Durov at Le Bourget airport outside Paris. Soon after, the prosecutor’s office released a list…
This story continues at The Next Web
For Lego, the future is increasingly digital. Pity your inner child
As one of millions of adults who grew up building Lego, the company’s digital adventures distort my childhood memories. Yet my screaming inner infant can’t derail the transition. Our beloved bricks have now been in video games for nearly three decades. Since debuting on Sega Pico in 1995, the Lego games empire has expanded across over 80 titles and 200 million sales. The biggest hits have come from licensing deals. Collaborations with Star Wars, Marvel, and Harry Potter have shifted copious copies — despite their dubious quality. Buoyed by the results, the company has started splurging on games studios. In 2022,…This story continues at The Next Web
As one of millions of adults who grew up building Lego, the company’s digital adventures distort my childhood memories. Yet my screaming inner infant can’t derail the transition. Our beloved bricks have now been in video games for nearly three decades. Since debuting on Sega Pico in 1995, the Lego games empire has expanded across over 80 titles and 200 million sales. The biggest hits have come from licensing deals. Collaborations with Star Wars, Marvel, and Harry Potter have shifted copious copies — despite their dubious quality. Buoyed by the results, the company has started splurging on games studios. In 2022,…
This story continues at The Next Web
Opinion: AI’s ability to replace jobs shouldn’t be flaunted
AI is here to stay, for better or for worse. In the business world, the exponential use of artificial intelligence has sparked both hopes of unprecedented productivity — and fears of job loss. According to a recent survey by EY, more than two in three employees in Europe are worried that AI will eliminate jobs. Blunt announcements by prominent European tech companies are doing nothing to help alleviate these concerns. One of those companies is Sweden’s Klarna. The buy-now-pay-later unicorn aims to cut almost half of its workforce thanks to AI. In the company’s second quarter results on Tuesday, CEO…This story continues at The Next Web
AI is here to stay, for better or for worse. In the business world, the exponential use of artificial intelligence has sparked both hopes of unprecedented productivity — and fears of job loss. According to a recent survey by EY, more than two in three employees in Europe are worried that AI will eliminate jobs. Blunt announcements by prominent European tech companies are doing nothing to help alleviate these concerns. One of those companies is Sweden’s Klarna. The buy-now-pay-later unicorn aims to cut almost half of its workforce thanks to AI. In the company’s second quarter results on Tuesday, CEO…
This story continues at The Next Web