What Europe’s VC funding landscape will look like in 2024, according to analysts

Dec21
by on December 21, 2023 at 6:01 am
Posted In: Uncategorized


2023 has been a tough funding year for European startups — even being characterised as the “most depressed” in VC exit value in a decade. Amid uncertainty and a staggering macroeconomic environment, VC activity and deal value also, unsurprisingly, dropped. But what will the funding ecosystem look like in 2024? And, more importantly, will it bring cause for hope for startups and investors alike? According to analysis by Pitchbook, neither the volume nor the value of VC-backed IPOs will see a meaningful recovery next year. With macroeconomic factors weighing heavily on public markets, stakeholders remain cautious as 2023 saw fewer…

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A guide to navigating the next-generation robotics wave

Dec20
by on December 20, 2023 at 2:00 pm
Posted In: Insider


The generative AI movement may dominate today’s headlines, but another technological transformation is gaining momentum under the radar—the proliferation of autonomous service robots. Their surge in popularity continues to be fueled by their ability to improve efficiency and reduce the need for manual labor in repetitive, hazardous tasks, as well as more recent advancements in sensor fusion and software-defined processes that improve their price-performance. In addition, the COVID-19 pandemic has underscored increasing demand for operational and supply chain resilience. Reaching a critical tipping point Many autonomous robotic solutions today have reached a critical adoption tipping point due to improved price-performance. Customer…

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Meet Finn — bunq’s new GenAI chatbot

Dec19
by on December 19, 2023 at 8:00 pm
Posted In: artificial intelligence


Today, Dutch neobank bunq launched its generative AI platform — Finn. Running on open large language models (LLMs) from OpenAI and Meta, the new chatbot function is designed to help users plan their finances, make better budgets, and easily find transactions. Essentially, according to bunq, enabling users to “live the life they want.”  “It is basically as if you have your own personal accountant who knows everything about your personal life, and about your transactions, and has all of this in their head and can answer whatever questions you have,” Ali Niknam, bunq’s founder and CEO tells TNW.  Credit: bunq…

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X under investigation over suspected breaches of EU content rules

Dec18
by on December 18, 2023 at 3:06 pm
Posted In: Uncategorized


X, formerly Twitter, is the first online platform to experience the full wrath of the Digital Services Act (DSA) — the EU’s landmark content moderation rulebook. The DSA, which entered into force in November for 19 major platforms, sets a list of rules designed to protect users against harmful or illegal content, disinformation, and the violation of privacy and free speech. But while big tech has so far rushed to comply, X isn’t doing a stellar job in the eyes of the Commission. “Today’s opening of formal proceedings against X makes it clear that, with the DSA, the time of…

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DeepMind’s AI finds new solution to decades-old math puzzle — outsmarting humans

Dec15
by on December 15, 2023 at 3:14 pm
Posted In: artificial intelligence


DeepMind has used a large language model (LLM) to generate a novel solution to one of humanity’s toughest math problems — in a breakthrough that could herald a new era in AI development.  The model, known as FunSearch, discovered a solution to the so-called “cap set puzzle.” The decades-old math conundrum essentially comes down to how many dots you can joint down on a page while drawing lines between them, without three of them ever forming a straight line. If that gave you a migraine, don’t worry. What’s important to note is that the problem has never been solved, and…

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