Intel wants another €5BN in subsidies to build chip plant in Germany

Mar09
by on March 9, 2023 at 4:01 pm
Posted In: Uncategorized


Under the Chips Act, the EU is seeking to end its dependence on China and produce 20% of the world’s semiconductors by 2030. Amidst the political push, attracting global giants to invest in the union’s domestic production has been a key strategy — with Intel’s plan to construct a massive chip plant in Magdeburg, Germany, considered a big boost for the bloc. But now, Intel is asking the German government for an additional €4 billion to 5 billion in subsidies to move forward with the project, Bloomberg reports, citing people familiar with the matter. In March 2022, Intel announced an initial…

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Here’s how media outlets are using generative AI in journalism

Mar08
by on March 8, 2023 at 8:02 pm
Posted In: Future of Work, Insider


Generative AI is entering the media — and hacks are getting worried. Except for your loyal correspondents at TNW, of course, as automated output can’t compare with our flair and reporting. At least, that’s what I’m telling my overlords. Other journalists, however, aren’t as blessed. Last week, the owner of Britain’s Daily Mirror and the Express became the latest media magnate to add bots to the newsroom. The publisher, Reach, has posted several AI-written articles on the local news site In Your Area. According to Reach CEO Jim Mullen, they include a listicle on “7 things to do with visitors to…

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Lark Optics is targeting your retinas for AR without nausea and other sickness

Mar08
by on March 8, 2023 at 3:07 pm
Posted In: augmented reality, UK, virtual reality


This story is syndicated from the premium edition of PreSeed Now, a newsletter that digs into the product, market, and founder story of UK-founded startups so you can understand how they fit into what’s happening in the wider world and startup ecosystem. Whether you believe it’s the future of everything, or just a useful tool that will be part of the mix of tech we regularly use a few years from now, augmented reality is a rapidly developing field with one major drawback – like VR, it can leave you feeling sick. For example, US soldiers who tried Microsoft’s HoloLens…

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Darktrace’s plan to protect critical infrastructure: think like an attacker

Mar07
by on March 7, 2023 at 9:16 pm
Posted In: Uncategorized


Cyber attacks on critical infrastructure have become a growing concern since war broke out in Ukraine. After the 2014 annexation of Crimea, a sustained barrage by Russian-linked groups pummelled infrastructure in Ukraine. The next year, the country endured the first confirmed hack to take down a power grid. The attacks have continued since Russia’s full-scale invasion began in February 2022. According to a recent report from Google’s Threat Analysis Group, Russia’s military intelligence agency has repeatedly used destructive malware to degrade Ukrainian civilian infrastructure. Analysts are now increasingly worried about the threats spreading across the globe. In November, a general who commanded…

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Opinion: Europe is throwing billions at quantum computers. Will it pay off?

Mar06
by on March 6, 2023 at 9:00 am
Posted In: Uncategorized


No one may fully understand quantum computing yet, but one thing is clear — the expectations are high. And where there are high expectations, there’s money. Both private and public funding for European quantum technologies has grown notably over the last few years. In 2021, private funding to quantum startups increased by 2.5x compared to 2020, and by 8x compared to 2019. Public funding has grown as well, with the EU planning to invest $7.2 billion (€6.8 billion) in quantum computing projects by 2025. Understandably, most of these billions already are or will be directed to building a successful quantum…

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