More than half of knowledge workers now use generative AI weekly, according to a recent piece of research from Asana’s Work Innovation Lab, in partnership with Anthropic. The study also found that takeup ramped up by 44% over nine months in 2024. And those who use AI daily benefit most. Eighty-nine percent reported a productivity boost, whereas casual monthly users only saw a 39% increase in...
Eindhoven-based startup Photon IP has raised €4.75mn in seed funding as it looks to scale up its unique method for creating energy-efficient photonic chips. AI systems, data centres, fibre-optic networks, and even some sensors rely on photonic chips to send and receive information using light. These chips are a big deal because they’re faster and use less energy than typical semiconductors,...
In 2018, after decades of research and tens of millions in funding, Russian astronauts attached a wildlife-tracking receiver to the exterior of the International Space Station (ISS). The device received data from tagged animals across the planet and beamed it to a ground station in Moscow. From there, it went to an open-source database called Movebank. The space tracker was the final piece of...
Scientists in the UK have forged 5.5 tonnes of a new kind of steel capable of withstanding the searing heat and intense neutron radiation of nuclear fusion, the same reaction that powers the Sun and stars. The breakthrough is another boost to Europe’s growing flock of fusion energy startups. A UK Atomic Energy Authority (UKAEA) working group called NEURONE produced the reduced-activation ferritic...
TNW has strengthened its support for European tech by adding ecosystems expert Yeni Joseph to the management team. Yeni has also started a new role as Head of Ecosystem Strategy and Partnerships. The appointment brings extensive expertise to TNW’s leadership — and fresh ideas. “TNW has a long-standing track record of catalysing innovation,” says Yeni. “We now want to focus on going from legacy...
London-headquartered biotech startup Verdiva has emerged from stealth with a whopping $410mn for a new range of drugs aimed at tackling the obesity epidemic. It’s one of Europe’s largest-ever biotech VC deals, signalling investor appetite for the booming weight loss market. Verdiva looks to challenge the dominance of Novo Nordisk and Eli Lilly, the makers of the two most popular weight loss...
The Dutch government has reached a deal with Nvidia to supply hardware and expertise for the construction of an AI facility in the Netherlands. The facility will centre around an AI supercomputer aimed at accelerating research and development, as the country pushes to further digitalise its economy, according to a statement made Thursday. The Dutch Minister for Economic Affairs Dirk Beljaarts...
Fifty of the fastest-growing tech firms in the Netherlands are in Las Vegas this week. The crew crossed the Atlantic to attend CES — the world’s biggest tech show. By their side is economic affairs minister Dirk Beljaarts, who’s on a mission to promote Dutch innovation. So is TNW. We’ve partnered with the Consumer Trade Association — which organises CES — on its annual Match program at the event...
XOcean has secured $115mn to expand its fleet of uncrewed surface vessels. Founded in 2017 by former CEO of Open Hydro James Ives, XOcean builds autonomous boats that zip around the ocean, using sensors to gather large amounts of data on everything from subsurface structures to the temperature and clarity of the seawater. The bots — which are about the size of a small car — then relay this...
German startup Vay plans to expand its “teledriving” fleet in Las Vegas to 100 electric vehicles — and you could get a job steering the cars. Vay first launched the service last year, with just two Kia eNiros. It’s fleet has since grown to 30 EVs, which have completed 6000 rides so far. When you open the Vay app and request a ride, a remote operator drives an electric vehicle to collect you....