Nscale, a burgeoning UK data centre startup pivotal to strengthening AI infrastructure across the UK, has successfully garnered .1 billion in a Series B funding round. Spearheading this ambitious investment round is Aker, a move that signals escalating interest in developing robust AI capabilities in Europe.
Berlin-based startup Optimeleon has successfully closed a €1.5 million pre-seed funding round to further develop its AI platform aimed at optimizing web page conversions. The transaction was led by notable venture capital firms, signaling strong investment interest in the company's innovative approach.
In response to new legal requirements, U.S. military bases, aided by Lincoln Laboratory, are conducting power-outage drills to bolster national security and ensure mission readiness amidst growing challenges.
Rodney Brooks, a celebrated figure in robotics circles and co-founder of iRobot, has cast doubt on the current wave of interest in humanoid robots. With companies like Tesla investing heavily in teaching machines dexterity by analyzing human behavior, Brooks warns that this is 'pure fantasy thinking' that may not yield practical results.
Economics doctoral student Whitney Zhang explores how technological advancements and strategic organizational choices are transforming labor markets and shaping the future workplace.
Fifteen years after the release of the critically acclaimed film ‘The Social Network’, renowned director Aaron Sorkin is set to helm its sequel titled ‘The Social Reckoning’. The new film will delve into the controversial Haugen leaks, with Jeremy Strong slated to portray Facebook's CEO Mark Zuckerberg.
In a bold move to assert itself as a leader in artificial intelligence, South Korea is leveraging its major tech firms to develop proprietary AI models. Companies such as LG and SK Telecom are at the forefront of this initiative, challenging giants like OpenAI and Google. This effort is seen as an assertive step towards technological self-sufficiency and global competitiveness.
TrueLayer, a UK-based open banking startup backed by Stripe, reported a significant increase in transactions for 2024 but simultaneously cut its workforce as it pivots towards profitability.
In the latest political-business intersection, former U.S. President Donald Trump has called for the firing of Lisa Monaco, a leading figure in Microsoft's global affairs team. The demand highlights ongoing tensions and rhetorical clashes, especially considering Monaco's previous association with the Biden administration.
The VDS 2025 event in Valencia is set to highlight key tech innovations with an impressive lineup of international speakers, marking it as a pivotal gathering for Europe's technology sector.
Stay informed with curated insights delivered weekly to your inbox.