Ukraine’s new F-16 simulator spotlights a ‘paradigm shift’ led from Europe

Oct04
by on October 4, 2024 at 5:22 pm
Posted In: Insider


To the average eye, extended reality is starting to look bleak. The metaverse has bombed, the Apple Vision Pro has flopped, and Sony has all but abandoned the PSVR. Sadly for Mark Zuckerberg, consumers rarely want to strap computers to their faces. But there is one place where business is booming: the military. XR has diffused across the armed forces since 2021, when Microsoft signed a contract with the US Army worth up to $21.9bn (€19.6bn). Under the deal, the tech giant would develop training programmes for HoloLens-based headsets. Despite a shaky start — literally, for the nauseated soldiers —…

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ESA’s ‘planetary defence mission’ has startups dreaming of asteroid mining

Oct04
by on October 4, 2024 at 1:01 pm
Posted In: Insider


Europe’s spacetech elite are making their final preparations for a groundbreaking meeting with an asteroid. A spacecraft called Hera — named after the Greek goddess of marriage — will make the rendezvous. The probe is slated for launch on October 7. If all goes well, Hera will then complete a detailed inspection of Dimorphos — a binary asteroid that’s also caught the eye of NASA. Back in 2022, the agency’s DART spacecraft deliberately smashed into Dimorphos. The collision contributed to a test of humanity’s planetary defences. NASA wants to prove that we could divert a giant space rock hurtling towards…

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AI startup Poolside raises $500M as AI coding market booms

Oct03
by on October 3, 2024 at 9:50 am
Posted In: Insider


AI startup Poolside has raised a whopping $500mn — and it still hasn’t even launched a product. Despite the barren release schedule, the company has become an investors’ darling. The new Series B round brings Poolside’s total funding to $626mn. Its valuation now stands at a cool $3bn. The cash magnet is a AI-powered coding. Poolside has developed its own language model, which promises to accelerate software development. The company also boasts two eye-catching co-founders. CEO Jason Warner helped create GitHub Copilot, while CTO Eiso Kant is a serial founder of AI startups. At Poolside, the pair are building three things:…

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A microbial extract from Finnish forests can heal eczema, biotech startup says

Oct03
by on October 3, 2024 at 7:15 am
Posted In: Insider


Finland’s vast green forests are famously restorative. So restorative that they can even treat diseases. That’s according to Uute Scientific, a biotech firm based in Helsinki. The company has created a unique remedy: a microbial extract that replicates Finnish nature. Today, the startup revealed new evidence of the organism’s powers. The extract targets a growing health problem. Immune systems, Uute says, are being weakened by urbanisation and oversanitation. As a result, city dwellers have higher rates of many allergic, inflammatory, and auto-immune diseases. Biodiversity could give their bodies a boost. Unfortunately, the benefits aren’t always readily available on tap. But you…

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TNW Podcast: The tech, market, and culture of videogames with Ilkka Paananen, Supercell

Oct02
by on October 2, 2024 at 7:19 am
Posted In: artificial intelligence, gaming, podcasts


 Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s special episode, we’re featuring an interview with Ilkka Paananen, co-founder and CEO of Supercell, recorded with live audience at the Italian Tech Week conference in Turin last week. Andrii and Ilkka discussed the history of the gamedev industry, the mistakes entrepreneurs make at the start of their journey, the unique culture and structure of Supercell, the changes AI is bringing to…

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