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Last week, NASA’s Perseverance rover spotted its companion, the downed Ingenuity helicopter, in its final resting place amongst a sea of sand ripples on Mars. The aircraft had suffered irreparable damage in a rough landing, but before that, it had snapped a breathtaking view of the Martian landscape with wind-strewn dunes reaching out towards a field of rocky hilltops. Although the craft will...
Amsterdam-based Fastned has raised more than €24mn in new bonds to grow its fast charging network across Europe. Investors have also extended €3.5mn from earlier bonds, bringing the total funding to over €27.5mn. Founded in 2012, the startup provides over 280 fast charging stations across several European countries, including the Netherlands, Belgium, Germany, and France. In January last year, it...
Just months after Google DeepMind unveiled its most capable AI model ever — the controversial Gemini — the London-based lab has released a compact offspring: Gemma. Named after the Latin word for “precious stone,” Gemma is a new family of open models for developers and researchers. Google designed them for cost-efficient app and software building. “Demonstrating strong performance across...
Helsinki-based Silo AI has completed the training of the Poro model — a new milestone in its mission to create large language models (LLMs) for low-resource languages. Named after the Finnish word for “reindeer,” Poro is the first of a family of open-source multilingual LLMs. The startup is building the models alongside the University of Turku and the EU’s High Performance Language Technologies...
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, Andrii and Linnea talk about AI safety, Europe regulating Big Tech (but not quite), snowmobile emissions, and the cost of chatbot hallucinations. The guest of...
Cyberattacks hit Europe more than any other region in 2023, according to new research from IBM. The continent accounted for a whopping 32% of incidents analysed by the tech giant. That pushes it past last year’s biggest target, Asia-Pacific, which drops from first to third with 23%. North America jumps into second place with 26% of all cases. Across the globe, the biggest technical shift was the...
LockBit, one of the world’s most infamous cybercrime gangs, has been disrupted by the UK’s National Crime Agency (NCA) and international law enforcement agencies including Europol and the FBI. The gang is known for holding victims’ data to ransom and providing ransomware-as-a-service, whereby it licenses malware to other hackers. LockBit has seen rapid growth since its emergence in 2019....
The UK Space Agency has opened two funding calls for tech and science projects to fly onboard a prospective, commercially-sponsored mission. The calls are in preparation of an agreement between the UK and Axiom Space, a US company that organises visits to the International Space Station (ISS). The partnership aims to launch a British astronaut mission, potentially to the ISS. The £15mn (€17.5mn)...
Until now, generative AI has been akin to fairy dust — just sprinkle it in your pitch, and investors are all too ready to open their wallets wide. This is changing. Q4 of 2023 saw a 55.3% decline in AI funding compared to Q1, mirrored by fewer deals. Experts like Matthew Marwick from the Intelligence Unit at CB Insights warn that while the AI funding will likely pick up steam again in the...
Following successful consumer trials in Trondheim, Aviant is launching the world’s longest-distance home delivery service by autonomous drones in Lillehammer, Norway. Starting today, residents of the town will be able to receive deliveries of groceries, medicines, and meals from restaurants directly to their doorstep, using the startup’s Kyte drone service. Aviant’s drones will be able to deliver...