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As Kubernetes turns 10, experts predict the future of cloud-native
In June, Kubernetes celebrates its tenth birthday. The system is now so widely used by hundreds of thousands of companies worldwide to scale their applications to meet demand it’s hard even to remember a time before it existed. But there was a time when other options were available, and I even remember using some of them. Despite this relative vintage, many large developers teams and companies are still yet to embark on a migration to Kubernetes, or are in the middle of the process. But to many developers who like to live on the edge, 10 years of a technology…This story continues at The Next Web
In June, Kubernetes celebrates its tenth birthday. The system is now so widely used by hundreds of thousands of companies worldwide to scale their applications to meet demand it’s hard even to remember a time before it existed. But there was a time when other options were available, and I even remember using some of them. Despite this relative vintage, many large developers teams and companies are still yet to embark on a migration to Kubernetes, or are in the middle of the process. But to many developers who like to live on the edge, 10 years of a technology…
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Dutch minister fears ‘national security risk’ from Chinese ownership of Anteryon
Another Dutch tech firm has been caught in the simmering tensions between the West and China. Amid growing calls to curb Chinese access to chipmaking equipment from ASML, a Dutch minister has raised a separate alarm about the sale of Philips spinoff Anteryon. Although the digital-optics developer remains based in Eindhoven, the business was bought in 2019 by China’s Jingfang Optotelectronics. The Suzhou-based firm reportedly spent between €40mn and €50mn on the acquisition. Following a separate buyout in 2021, the chip company China Wafer became Jinfang’s majority shareholder. These deals attracted the concerns of Micky Adriaansens, the outgoing Dutch Economy…This story continues at The Next WebOr just read more coverage about: Security
Another Dutch tech firm has been caught in the simmering tensions between the West and China. Amid growing calls to curb Chinese access to chipmaking equipment from ASML, a Dutch minister has raised a separate alarm about the sale of Philips spinoff Anteryon. Although the digital-optics developer remains based in Eindhoven, the business was bought in 2019 by China’s Jingfang Optotelectronics. The Suzhou-based firm reportedly spent between €40mn and €50mn on the acquisition. Following a separate buyout in 2021, the chip company China Wafer became Jinfang’s majority shareholder. These deals attracted the concerns of Micky Adriaansens, the outgoing Dutch Economy…
This story continues at The Next Web
Or just read more coverage about: Security
Dutch startup to bring robotic blood drawing to hospitals
Utrecht-based Vitestro has raised €20mn to bring its robotic blood drawing device to market. Founded in 2017, Vitestro aims to improve the blood draw experience for patients and address personnel shortages in healthcare — where the demand for skilled laboratory professionals is growing at a higher rate than any other occupation. The startup’s device relies on infrared to locate the vein and ultrasound to create an image of the blood vessel. Then, an AI-based robotic needle uses this information to determine the right puncture location with submillimetre precision. Since 2023, Vitestro is running the world’s largest-scale clinical trial for autonomous…This story continues at The Next Web
Utrecht-based Vitestro has raised €20mn to bring its robotic blood drawing device to market. Founded in 2017, Vitestro aims to improve the blood draw experience for patients and address personnel shortages in healthcare — where the demand for skilled laboratory professionals is growing at a higher rate than any other occupation. The startup’s device relies on infrared to locate the vein and ultrasound to create an image of the blood vessel. Then, an AI-based robotic needle uses this information to determine the right puncture location with submillimetre precision. Since 2023, Vitestro is running the world’s largest-scale clinical trial for autonomous…
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New AI technique detects money laundering via cryptocurrencies
Blockchain is often criticised as a solution in search of a problem. But one group of people has already found immense value in the tech: money launderers. Their crimes cause painful headaches for financial institutions, crypto businesses, legitimate law enforcement agencies, and cryptocurrency regulators. All of them need to tackle illicit activity on blockchains. Enter Elliptic, a British firm that specialises in cryptocurrency forensics. The company uses blockchain analytics to protect customers from financial crimes. Its latest safeguard taps the power of AI. By applying machine learning to transaction data, Elliptic has created a new method of detecting money laundering on…This story continues at The Next Web
Blockchain is often criticised as a solution in search of a problem. But one group of people has already found immense value in the tech: money launderers. Their crimes cause painful headaches for financial institutions, crypto businesses, legitimate law enforcement agencies, and cryptocurrency regulators. All of them need to tackle illicit activity on blockchains. Enter Elliptic, a British firm that specialises in cryptocurrency forensics. The company uses blockchain analytics to protect customers from financial crimes. Its latest safeguard taps the power of AI. By applying machine learning to transaction data, Elliptic has created a new method of detecting money laundering on…
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TNW Podcast: Alexandra Balkova on the state of VC; AI compute for everyone
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 availability of AI compute, Getir’s imminent departure from Europe, quite some cash for German game developers, and a few things in between. The guest of the show is Alexandra Balkova, general partner and head of portfolio at Startup Wise Guys. In the interview recorded at TechChill in Riga, Alexandra talked about the current state of…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 availability of AI compute, Getir’s imminent departure from Europe, quite some cash for German game developers, and a few things in between. The guest of the show is Alexandra Balkova, general partner and head of portfolio at Startup Wise Guys. In the interview recorded at TechChill in Riga, Alexandra talked about the current state of…
This story continues at The Next Web
Vinted posts first-ever annual profit after 61% revenue growth in 2023
Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at €76.6mn, Vinted turned a €20.4mn net loss in 2022 into a €17.8mn net profit in 2023. The startup attributes its profitability to significant growth, starting with increased penetration in existing markets and its expansion to Romania, Denmark, and Finland. In addition, the company continued its expansion into luxury fashion with verification, and further developed Vinted Go, its own shipping service. “Second-hand…This story continues at The Next Web
Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at €76.6mn, Vinted turned a €20.4mn net loss in 2022 into a €17.8mn net profit in 2023. The startup attributes its profitability to significant growth, starting with increased penetration in existing markets and its expansion to Romania, Denmark, and Finland. In addition, the company continued its expansion into luxury fashion with verification, and further developed Vinted Go, its own shipping service. “Second-hand…
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Dutch startup to test hearing via brain-computer interface
MindAffect, a Netherlands-based healthtech startup, has raised €1.1mn to bring its hearing diagnostics technology to market. A spinout from Radboud University, MindAffect has developed a patented brain computer interface (BCI) technology, which enables diagnosis of hearing impairments using brain signals. The startup aims to provide a more equitable testing solution that specifically caters for hard-to-test patients, such as children, the elderly, and people with disabilities. Current methods, such as pure-tone or speech testing, depend on the constant responses of patients. But this can be challenging or ineffective for individuals who are unable to communicate due to age or disability —…This story continues at The Next Web
MindAffect, a Netherlands-based healthtech startup, has raised €1.1mn to bring its hearing diagnostics technology to market. A spinout from Radboud University, MindAffect has developed a patented brain computer interface (BCI) technology, which enables diagnosis of hearing impairments using brain signals. The startup aims to provide a more equitable testing solution that specifically caters for hard-to-test patients, such as children, the elderly, and people with disabilities. Current methods, such as pure-tone or speech testing, depend on the constant responses of patients. But this can be challenging or ineffective for individuals who are unable to communicate due to age or disability —…
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Vega-C rocket to launch Europe and China’s first entirely joint space mission
The European Space Agency (ESA) has secured a ride for its solar wind satellite. The Solar wind Magnetosphere Ionosphere Link Explorer — or Smile for short — will blast into space aboard a Vega-C rocket. The launch is scheduled for late 2025 from Europe’s spaceport in French Guiana. “We are delighted to be launching Smile on such a versatile launch vehicle,” said David Agnolon, project manager of Smile. “Vega-C has been selected as it perfectly matches the needs of the mission, such as required mass capability and injection orbit.” Vega-C — a small-life rocket developed by the ESA and Italian…This story continues at The Next Web
The European Space Agency (ESA) has secured a ride for its solar wind satellite. The Solar wind Magnetosphere Ionosphere Link Explorer — or Smile for short — will blast into space aboard a Vega-C rocket. The launch is scheduled for late 2025 from Europe’s spaceport in French Guiana. “We are delighted to be launching Smile on such a versatile launch vehicle,” said David Agnolon, project manager of Smile. “Vega-C has been selected as it perfectly matches the needs of the mission, such as required mass capability and injection orbit.” Vega-C — a small-life rocket developed by the ESA and Italian…
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French startup bags €2M to make cancer clinical trials more accessible
Paris-based Klineo has raised €2mn for its AI platform that facilitates access to cancer clinical trials. Klineo’s platform connects doctors and patients directly with relevant clinical trials. It provides trial search, contact with medical centres, as well as real-time updates and notifications when a new clinical trial matches the patient’s criteria. The startup’s solution currently covers trials on skin cancer, breast cancer, and lymphoma. Klineo was founded in 2021 by oncologist Dr Arnaud Bayle and two engineers, Thomas Peyresblanques and Nicolas Drizard. The startup aims to accelerate the inclusion of patients in clinical trials, which play a key role in…This story continues at The Next Web
Paris-based Klineo has raised €2mn for its AI platform that facilitates access to cancer clinical trials. Klineo’s platform connects doctors and patients directly with relevant clinical trials. It provides trial search, contact with medical centres, as well as real-time updates and notifications when a new clinical trial matches the patient’s criteria. The startup’s solution currently covers trials on skin cancer, breast cancer, and lymphoma. Klineo was founded in 2021 by oncologist Dr Arnaud Bayle and two engineers, Thomas Peyresblanques and Nicolas Drizard. The startup aims to accelerate the inclusion of patients in clinical trials, which play a key role in…
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OpenAI to train LLMs on Financial Times content — with permission
The Financial Times (full disclosure — the owners of The Next Web) have inked a deal with OpenAI. The American firm will use the British publisher’s content to train its generative AI models. The deal is the latest in a string of new partnerships between OpenAI and global news publishers like Axel Springer, Associated Press, and Le Monde. The company did not disclose the financial terms of any of the contracts. In 2023 alone, hundreds of pages of litigation and countless articles accused tech firms of stealing artists’ and publishers’ work to train their AI models. OpenAI has come under…This story continues at The Next Web
The Financial Times (full disclosure — the owners of The Next Web) have inked a deal with OpenAI. The American firm will use the British publisher’s content to train its generative AI models. The deal is the latest in a string of new partnerships between OpenAI and global news publishers like Axel Springer, Associated Press, and Le Monde. The company did not disclose the financial terms of any of the contracts. In 2023 alone, hundreds of pages of litigation and countless articles accused tech firms of stealing artists’ and publishers’ work to train their AI models. OpenAI has come under…
This story continues at The Next Web