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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 people in the industry. In today’s episode, Linnea and Andrii talk about the launch of Ariane 6 and its consequences, the woes of Firefly, robotic laundry folding, the math of swimming, and more. You’ll also hear a panel discussion Andrii moderated a few weeks ago at the Pendomonium + #mtpcon Roadshow in Amsterdam. The session was called “AI in practice at Europe’s leading companies” and featured speakers…This story continues at The Next Web

 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 people in the industry. In today’s episode, Linnea and Andrii talk about the launch of Ariane 6 and its consequences, the woes of Firefly, robotic laundry folding, the math of swimming, and more. You’ll also hear a panel discussion Andrii moderated a few weeks ago at the Pendomonium + #mtpcon Roadshow in Amsterdam. The session was called “AI in practice at Europe’s leading companies” and featured speakers…

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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 a really encouraging time to be writing about quantum tech. Beyond the fact that it is increasingly being acknowledged as a strategically important technology by security agencies and governments globally, after decades of feeling just five years out of reach, the sector has truly begun to gather momentum.  And what is increasingly driving the acceleration is partnerships where two players have honed their specific part of the technology…This story continues at The Next Web

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 a really encouraging time to be writing about quantum tech. Beyond the fact that it is increasingly being acknowledged as a strategically important technology by security agencies and governments globally, after decades of feeling just five years out of reach, the sector has truly begun to gather momentum.  And what is increasingly driving the acceleration is partnerships where two players have honed their specific part of the technology…

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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 industry standards even higher. In alignment with the unicorn’s technology development strategy, the new LLM is specifically built for translation and editing. According to DeepL, this fine-tuning to language is what enables it to produce more human-like translations and reduce the risk of hallucinations. Unlike general purpose models, the LLM doesn’t rely on the internet for training. Rather, it uses DeepL’s proprietary data, tailored for content creation and…This story continues at The Next Web

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 industry standards even higher. In alignment with the unicorn’s technology development strategy, the new LLM is specifically built for translation and editing. According to DeepL, this fine-tuning to language is what enables it to produce more human-like translations and reduce the risk of hallucinations. Unlike general purpose models, the LLM doesn’t rely on the internet for training. Rather, it uses DeepL’s proprietary data, tailored for content creation and…

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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 has achieved huge influence in popular culture, with countless reruns, a reboot in the mid-1980s (51 episodes over two seasons) and a feature-length movie in 1990. The Jetsons was created by the Hanna-Barbara animation studio in Los Angeles as a futuristic version of the studio’s hit series The Flintstones, the first cartoon series to gain a prime-time slot. But whereas The Flintstones was set in a distant, mythical…This story continues at The Next Web

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 has achieved huge influence in popular culture, with countless reruns, a reboot in the mid-1980s (51 episodes over two seasons) and a feature-length movie in 1990. The Jetsons was created by the Hanna-Barbara animation studio in Los Angeles as a futuristic version of the studio’s hit series The Flintstones, the first cartoon series to gain a prime-time slot. But whereas The Flintstones was set in a distant, mythical…

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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 in AI infrastructure.  The launch follows news from yesterday that Yandex had successfully sold its Russian assets in a $5.4bn deal, in what constitutes the largest corporate exit from the country since the start of the full-scale invasion of Ukraine over two years ago.  Yandex was a rare Russian tech success story. The most talented developers in the country came together to build a company that went on…This story continues at The Next Web

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 in AI infrastructure.  The launch follows news from yesterday that Yandex had successfully sold its Russian assets in a $5.4bn deal, in what constitutes the largest corporate exit from the country since the start of the full-scale invasion of Ukraine over two years ago.  Yandex was a rare Russian tech success story. The most talented developers in the country came together to build a company that went on…

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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% in 2019. In the first half of 2024, startups in the field raised $2.1bn. And this amount is projected to more than double in the coming five months. This means they’re on track for another record-breaking year, following a $4.1bn total investment in 2021. The leading AI rounds span a wide range of applications, covering sectors such as energy, healthcare, law, and finance. London-based Wayve, which develops artificial…This story continues at The Next Web

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% in 2019. In the first half of 2024, startups in the field raised $2.1bn. And this amount is projected to more than double in the coming five months. This means they’re on track for another record-breaking year, following a $4.1bn total investment in 2021. The leading AI rounds span a wide range of applications, covering sectors such as energy, healthcare, law, and finance. London-based Wayve, which develops artificial…

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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 transformative force that is reshaping how we deliver and experience healthcare and how we conduct research,” Dan Vahdat, founder and CEO of Huma, told TNW. Founded in 2011, Huma has been working with national healthcare providers and big pharma. Its technology powers digital clinical trials, remote patient monitoring (RPM), and companion apps for patient support. Now, with the Huma Cloud Platform, the scaleup is bringing its technology to…This story continues at The Next Web

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 transformative force that is reshaping how we deliver and experience healthcare and how we conduct research,” Dan Vahdat, founder and CEO of Huma, told TNW. Founded in 2011, Huma has been working with national healthcare providers and big pharma. Its technology powers digital clinical trials, remote patient monitoring (RPM), and companion apps for patient support. Now, with the Huma Cloud Platform, the scaleup is bringing its technology to…

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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 generation, which contributes over 40% of global CO2 emissions. The scaleup has developed a pair of modular solar collectors, called Virtu. It claims they are four times more efficient at offsetting emissions compared to conventional solar PV panels. The VirtuHOT collector uses solar thermal technology to heat water from the power of the sun to up to 120°C. The VirtuPVT collector combines solar thermal technology and photovoltaics (PV)…This story continues at The Next Web

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 generation, which contributes over 40% of global CO2 emissions. The scaleup has developed a pair of modular solar collectors, called Virtu. It claims they are four times more efficient at offsetting emissions compared to conventional solar PV panels. The VirtuHOT collector uses solar thermal technology to heat water from the power of the sun to up to 120°C. The VirtuPVT collector combines solar thermal technology and photovoltaics (PV)…

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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 dementia. The condition affects over 55 million people worldwide, with nearly 10 million new cases every year. Dementia’s most common type, Alzheimer, contributes to 60%-70% of all cases. Globally, the cost of the disorder on healthcare systems reached $1.3tn in 2019. The psychological cost is even higher. Suffering from the disease may trigger depression and anxiety. Let alone the indescribable emotional impact of seeing a loved one “disappear”…This story continues at The Next Web

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 dementia. The condition affects over 55 million people worldwide, with nearly 10 million new cases every year. Dementia’s most common type, Alzheimer, contributes to 60%-70% of all cases. Globally, the cost of the disorder on healthcare systems reached $1.3tn in 2019. The psychological cost is even higher. Suffering from the disease may trigger depression and anxiety. Let alone the indescribable emotional impact of seeing a loved one “disappear”…

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French AI startup launches first LLM built exclusively for advertising copy

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 platform. AdCreative.ai said the LLM combines two unique features: instant text generation and accurate performance prediction. Working with Nvidia, the startup trained the model on real-life ad copy. The training data encompasses every text generated by AdCreative.ai for its 2,000,000 users. It includes information from eight leading advertising platforms: Facebook, Instagram, Google, YouTube, LinkedIn, Microsoft, Pinterest, and TikTok. Alongside the ad copy, the dataset contains 840 million lines of…This story continues at The Next Web

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 platform. AdCreative.ai said the LLM combines two unique features: instant text generation and accurate performance prediction. Working with Nvidia, the startup trained the model on real-life ad copy. The training data encompasses every text generated by AdCreative.ai for its 2,000,000 users. It includes information from eight leading advertising platforms: Facebook, Instagram, Google, YouTube, LinkedIn, Microsoft, Pinterest, and TikTok. Alongside the ad copy, the dataset contains 840 million lines of…

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