Tag: Design

Yet another deal has been signed between a publisher and a GenAI leader. Paris startup Mistral and news outlet Agence France-Presse (AFP) announced today that they are combining their services to improve AI responses. The deal provides Mistral’s chatbot — imaginatively named Le Chat — with access to all of AFP’s text stories.  According to Mistral, the integration will bring “enhanced factuality” to the AI assistant. “Partnering with a globally trusted news agency like AFP allows Le Chat to offer reliable, factual, and up-to-date responses, verified by professional journalists,” said Arthur Mensch, the startup’s CEO and co-founder. Mistral also highlighted…

Australian-German startup Quantum Brilliance has raised $20mn in Series A funding as it looks to deploy small, portable quantum accelerators that promise to supercharge the computational power of everything from data centres and robots to satellites. A quantum accelerator is a specialised hardware unit that speeds up specific quantum algorithms, or tasks. They act as co-processors to classical computers, such as CPUs or GPUs, taking on specific quantum calculations.   Austrian deep tech fund Main Sequence, In-Q-Tel (IQT) in the US, and Japan’s Intervalley Ventures led the funding round. “It represents a significant step forward as we advance the design, performance,…

TNW Conference will be born again this summer. Over 18 years of unforgettable events, countless future tech stars have used our stage as a springboard to success. We’ve driven vast investments, showcased endless innovations, and made friends along the way. We’ve also learnt from our mistakes. But don’t worry, fellow kids — we’re not getting old yet. We’re still mixing serious business with festival vibes. We are, however, shaking the party up a bit. To celebrate our coming of age, we’re going back to our roots. Today, we’re relaunching TNW Conference with a renewed focus on our founding mission: elevating…

Synthesia has claimed the crown of Britain’s biggest GenAI company after raising $180mn at a $2.1bn valuation. The London-based business generates lifelike avatars for video content. Enterprises use the software to produce training content and corporate communications. The tech has made Synthesia a leader in the burgeoning synthetic media industry. According to the startup, over 60,000 businesses are customers — including more than 60% of the Fortune 100. Investors have also shown a growing interest. In 2023, Synthesia earned unicorn status after securing $90 million in Series C funding at a valuation of $1 billion.  The latest cash injection creates another…

Shift, a social enterprise founded by Dutch tech entrepreneur Don Ritzen, has announced its ambitious plans to construct a massive landmark designed to inspire action on climate change.  Shift aims to attract 1 million annual visitors to the “New World Wonder,” which it estimates will cost up to $250mn. The startup plans to build the monument in the Netherlands, and if that’s successful, construct one on every continent.   “Civilisations before us built grand monuments to celebrate gods, momentous events or industrial progress,” Ritzen told TNW over the phone. “I truly believe that our generation needs something equally big and extraordinary…

Coming from South Africa but living in Europe, I can tell you that sending money to family and friends back home is a bit of a nightmare. Typically you must use a traditional bank, which can take a week or more, or payment apps like PayPal or Wise, which charge high fees.  The antiquated nature of remittance payments is something that immigrants are all too familiar with. Demand for better alternatives is giving rise to a new cohort of fintech companies looking to streamline the process. One of them is London-headquartered LemFi. Founded in 2021, the financial services platform enables…

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 productivity. The report also found that knowledge workers believe generative AI has the potential to automate 31% of their job responsibilities. And the more ways they use AI tools at work, the more possibilities…

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, which transfer data through electricity.  But to make these high-performance, light-speed chips you need special compounds called III-V materials, such as indium phosphide.  “These materials are relatively scarce and expensive though, so the industry has been looking at ways of…

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 the puzzle for the ICARUS project, an international effort led by German biologist Martin Wikelski to track the migratory patterns of wildlife from space. It was a game-changer for conservationists, who could monitor the journeys 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-martensitic steel, or “RAFM” for short. It marks the first time that RAFM has been produced on an industrial scale in Britain. “This is really positive and potentially has relevance for all fusionenergy projects,” Ryan Ramsey, COO at…