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EU awards €1B and 8 million supercomputing hours to 4 AI startups

The EU’s supercomputer alliance yesterday announced the winners of its AI startup competition. Four companies will split €1bn — and precious uptime on world-class high-performance computer systems to train their models.  Training and running AI requires massive amounts of computational resources. For example, as part of its deal with OpenAI, Microsoft built Eagle, one of the world’s most powerful supercomputers, for its new investment. Elon Musk is on track to build a massive Nvidia-based supercomputer for xAI, his new artificial intelligence startup.   It is no secret that the EU has been pushing hard for what it calls “digital sovereignty.” Fearful…This story continues at The Next Web

The EU’s supercomputer alliance yesterday announced the winners of its AI startup competition. Four companies will split €1bn — and precious uptime on world-class high-performance computer systems to train their models.  Training and running AI requires massive amounts of computational resources. For example, as part of its deal with OpenAI, Microsoft built Eagle, one of the world’s most powerful supercomputers, for its new investment. Elon Musk is on track to build a massive Nvidia-based supercomputer for xAI, his new artificial intelligence startup.   It is no secret that the EU has been pushing hard for what it calls “digital sovereignty.” Fearful…

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‘Sleeping on it’ really does help: 4 recent sleep research and tech breakthroughs

Twenty-six years. That is roughly how much of our lives are spent asleep. Scientists have been trying to explain why we spend so much time sleeping since at least the ancient Greeks, but pinning down the exact functions of sleep has proven to be difficult. During the past decade, there has been a surge of interest from researchers in the nature and function of sleep. New experimental models coupled with advances in technology and analytical techniques are giving us a deeper look inside the sleeping brain. Here are some of the biggest recent breakthroughs in the science of sleep. 1.…This story continues at The Next Web

Twenty-six years. That is roughly how much of our lives are spent asleep. Scientists have been trying to explain why we spend so much time sleeping since at least the ancient Greeks, but pinning down the exact functions of sleep has proven to be difficult. During the past decade, there has been a surge of interest from researchers in the nature and function of sleep. New experimental models coupled with advances in technology and analytical techniques are giving us a deeper look inside the sleeping brain. Here are some of the biggest recent breakthroughs in the science of sleep. 1.…

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TNW Podcast: Live from TNW 2024! Maria Amelie on fact-checking with AI; post-quantum cryptography

 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 — recorded with live audience at TNW Conference 2024 — Linnea and Andrii talk about post-quantum cryptography, competitive Excel, and a few more things in between. The guest of the show is Maria Amelie, CEO and founder of Factiverse. The company has just raised €1mn in funding to further build its platform that helps researchers, journalists, and everyone else to…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 — recorded with live audience at TNW Conference 2024 — Linnea and Andrii talk about post-quantum cryptography, competitive Excel, and a few more things in between. The guest of the show is Maria Amelie, CEO and founder of Factiverse. The company has just raised €1mn in funding to further build its platform that helps researchers, journalists, and everyone else to…

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Supercritical launches world’s first live pricing and availability for biochar carbon removal

Carbon removal platform Supercritical today announced the launch of its live pricing and availability function for global biochar projects in support of the transparency of the budding carbon removal market.  Most have heard of carbon offsetting — and of the junk credits often associated with it. However, the newer term of carbon removal credits (CRC) might just provide more bang for the climate change buck, if measured, verified, and paid for correctly. To prevent CRC going down the same questionable path as offsets, Supercritical is on a mission to “bring radical transparency to the carbon removal market.” To that effect,…This story continues at The Next Web

Carbon removal platform Supercritical today announced the launch of its live pricing and availability function for global biochar projects in support of the transparency of the budding carbon removal market.  Most have heard of carbon offsetting — and of the junk credits often associated with it. However, the newer term of carbon removal credits (CRC) might just provide more bang for the climate change buck, if measured, verified, and paid for correctly. To prevent CRC going down the same questionable path as offsets, Supercritical is on a mission to “bring radical transparency to the carbon removal market.” To that effect,…

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Opera unveils new version of its flagship AI browser

Opera is unveiling today the new version of its flagship AI-centric browser, Opera One, which first launched in 2023. With Opera One, the Norwegian company became one of the early adopters of generative AI applications in web browsing. Its native chatbot, Aria, provides a set of tools such as summarisation, translation, and information search. Dubbed Opera One R2, the new version is now available for testing. It aims to expand the AI capabilities, this time focusing on the multimedia experience. Opera One R2 comes with additional features, such as image generation and image understanding, which makes it possible for users…This story continues at The Next Web

Opera is unveiling today the new version of its flagship AI-centric browser, Opera One, which first launched in 2023. With Opera One, the Norwegian company became one of the early adopters of generative AI applications in web browsing. Its native chatbot, Aria, provides a set of tools such as summarisation, translation, and information search. Dubbed Opera One R2, the new version is now available for testing. It aims to expand the AI capabilities, this time focusing on the multimedia experience. Opera One R2 comes with additional features, such as image generation and image understanding, which makes it possible for users…

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Helsinki startup raises €4M for smart bed legs to outsmart bed bugs

Helsinki-based Valpas has raised €4mn in a seed round to tackle a crawling menace: bed bugs. The bed bug outbreak in Paris last year spread apocalyptic vibes across the hotel industry and beyond. Containing the pest infestation proved and remains a challenging task. These insidious hitchhikers travel on clothes and in luggage and spread and multiply rapidly. For hotels, this doesn’t only entail the cost of extermination. It’s also a cause of revenue loss from reduced or cancelled bookings from travellers wanting to avoid sleepless nights or having to throw their luggage into the pits of hell upon return. Let…This story continues at The Next Web

Helsinki-based Valpas has raised €4mn in a seed round to tackle a crawling menace: bed bugs. The bed bug outbreak in Paris last year spread apocalyptic vibes across the hotel industry and beyond. Containing the pest infestation proved and remains a challenging task. These insidious hitchhikers travel on clothes and in luggage and spread and multiply rapidly. For hotels, this doesn’t only entail the cost of extermination. It’s also a cause of revenue loss from reduced or cancelled bookings from travellers wanting to avoid sleepless nights or having to throw their luggage into the pits of hell upon return. Let…

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Swedish digital pet care startup raises €20M to expand in US

Swedish pet telehealth startup FirstVet has secured €20mn to grow its operations and expand its remote veterinary care services in North America. The platform offers immediate video consultations and wants to be “the first natural point of contact for all pet owners.”  As someone who has recently become a puppy pawrent, I am constantly aware of any potential shifts in my dog’s health. Especially as he is yet to grasp the concept of “if I eat something once and it makes me sick, then I learn not to eat that again.”  Moreover, I have spent the month since he arrived…This story continues at The Next Web

Swedish pet telehealth startup FirstVet has secured €20mn to grow its operations and expand its remote veterinary care services in North America. The platform offers immediate video consultations and wants to be “the first natural point of contact for all pet owners.”  As someone who has recently become a puppy pawrent, I am constantly aware of any potential shifts in my dog’s health. Especially as he is yet to grasp the concept of “if I eat something once and it makes me sick, then I learn not to eat that again.”  Moreover, I have spent the month since he arrived…

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Swiss SkyCell bags $116M to optimise pharma transport with smart cold chain containers

SkyCell, based in Switzerland, has closed $116M in a Series D round for its technological solution that improves the pharmaceutical supply chain for air travel. Founded in 2013, the startup manufactures temperature-controlled containers, using proprietary cold chain technology to monitor and optimise functions such as cooling, humidity protection, and shock absorption. The containers also come with a patented insulation system that reflects heat radiation, enabling them to self-charge in cold environments such as refrigerated vehicles. This ensures a steady temperature between -80°C to 25°C, depending on the specific model. Effective cold chain storage has become a critical part of pharma…This story continues at The Next Web

SkyCell, based in Switzerland, has closed $116M in a Series D round for its technological solution that improves the pharmaceutical supply chain for air travel. Founded in 2013, the startup manufactures temperature-controlled containers, using proprietary cold chain technology to monitor and optimise functions such as cooling, humidity protection, and shock absorption. The containers also come with a patented insulation system that reflects heat radiation, enabling them to self-charge in cold environments such as refrigerated vehicles. This ensures a steady temperature between -80°C to 25°C, depending on the specific model. Effective cold chain storage has become a critical part of pharma…

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Stable Diffusion to live on: Stability AI confirms rescue deal and new CEO

While Stability AI’s latest image-generating model, Stable Diffusion 3, may have been a success, things behind the scenes at the company have been slightly more turbulent. However, with today’s funding announcement, it seems the immediate financial woes may be over for the time being. Following the departure of founder and CEO Emad Mostaque in March after allegations of mismanagement and what Fortune termed an “investor mutiny,” sources close to the company reported last month that Stability AI was considering a sale. (For the record, Mostaque himself said he left to pursue “decentralised AI.”) How close they came to going through…This story continues at The Next Web

While Stability AI’s latest image-generating model, Stable Diffusion 3, may have been a success, things behind the scenes at the company have been slightly more turbulent. However, with today’s funding announcement, it seems the immediate financial woes may be over for the time being. Following the departure of founder and CEO Emad Mostaque in March after allegations of mismanagement and what Fortune termed an “investor mutiny,” sources close to the company reported last month that Stability AI was considering a sale. (For the record, Mostaque himself said he left to pursue “decentralised AI.”) How close they came to going through…

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Meta’s new accelerator for European AI startups could be a blessing or a curse

Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe. The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products. To deliver the programme, Meta has once again teamed up with Hugging Face, a US-based open-source platform that hosts machine learning models and tools, and Scaleway, a European cloud provider for AI infrastructure. The initiative will initially select five startups in the MVP (minimum viable product) or product stage. The finalists will receive technical mentoring by teams at Meta’s AI research…This story continues at The Next Web

Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe. The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products. To deliver the programme, Meta has once again teamed up with Hugging Face, a US-based open-source platform that hosts machine learning models and tools, and Scaleway, a European cloud provider for AI infrastructure. The initiative will initially select five startups in the MVP (minimum viable product) or product stage. The finalists will receive technical mentoring by teams at Meta’s AI research…

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