New technique makes AI hallucinations wake up and face reality

Oct12
by on October 12, 2023 at 1:51 pm
Posted In: Uncategorized


Chatbots have an alarming propensity to generate false information, but present it as accurate. This phenomenon, known as AI hallucinations, has various adverse effects. At best, it restricts the benefits of artificial intelligence. At worst, it can cause real-world harm to people. As generative AI enters the mainstream, the alarm bells are ringing louder. In response, a team of European researchers has been vigorously experimenting with remedies. Last week, the team unveiled a promising solution. They say it can reduce AI hallucinations to single-figure percentages. The system is the brainchild of Iris.ai, an Oslo-based startup. Founded in 2015, the company…

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Taiwan’s semiconductor suppliers plan to invest in European chip factories

Oct11
by on October 11, 2023 at 2:48 pm
Posted In: Insider


Amid the global race for semiconductor chips, Taiwanese suppliers are considering investing in Europe, the Financial Times reports. “We are planning investments in Germany, and the European market is going to be ours,” Vincent Liu, president and chief executive of LCY Group, told the newspaper. The company supplies cleaning agents and solvents to Taiwan Semiconductor Manufacturing Co (TSMC) — the world’s biggest contract chipmaker. Alongside LCY Group, three more chemicals suppliers to TSMC said they’re eyeing investments in Europe. The interest appears to be related to the emergence of the first advanced chip factories in the bloc — a move…

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5 space-age technologies that the EU just launched into orbit

Oct10
by on October 10, 2023 at 3:09 pm
Posted In: Insider


A new EU mission has sent some suitably space-age tech into the cosmos. On a Vega rocket that launched from the European spaceport in French Guyana on Monday, the union sent six satellites and nine experiments into orbit for testing. The programme aims to boost the EU’s space sector and broader tech innovations. According to the bloc, the mission is “closing the gap between the development of a technology and its commercialisation.” That may prove a tricky task, as some of the concepts are straight out of a sci-fi movie. Here are our five favourite projects getting the in-orbit testing.…

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French startup bags €40M for unique CO2 battery recycling tech

Oct09
by on October 9, 2023 at 2:05 pm
Posted In: Uncategorized


Lyon-based Mecaware has raised €40mn in funding to industrialise its battery recycling technology, designed to produce strategic raw materials. Founded in 2020, the startup has positioned itself in the recycling of end-of-life batteries and production scrap of battery manufacturing plants. Its technology, born from research at the University of Lyon, is based on a chemical process that uses CO2 to separate different metals in battery cells in order to recover, restore, and reuse them. Mecaware says that its metal extraction process is not only eco-friendly and cost-effective, but also one of a kind worldwide. With the fresh capital — backed…

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EU’s AI Act will hurt smaller companies, US warns

Oct06
by on October 6, 2023 at 1:36 pm
Posted In: Uncategorized


The EU’s landmark AI Act would hurt smaller European companies and only benefit big players who can cover the high costs of compliance, the US warns. According to documents seen by Bloomberg, the State Department’s analysis of the upcoming legislation is sounding the alarm on the European Parliament’s version of the act. Of particular worry are the rules surrounding large language models (LLMs), which form the base of most generative AI products. The analysis found a number of these rules “vague or undefined.” It also raised concerns over the act’s focus on the development risks involved in AI models, rather…

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