Why Nvidia could soon be with hit with antitrust charges in France

Jul02
by on July 2, 2024 at 1:32 pm
Posted In: Uncategorized


Last month, Nvidia briefly became the world’s most valuable company, reaching a market capitalisation of $3.3tn. Behind the company’s meteoric rise to the top lies its market dominance in advanced AI chips. Once predominantly-known for its high-performance graphic processing units (GPUs) for gaming, Nvidia tapped its technological strengths to venture into the AI race. Its GPUs excel at parallel processing, simulations, and machine learning tasks, which makes them suitable for the training and deployment of AI models such ChatGPT. Another big strength for Nvidia is the CUDA chip programming platform and software ecosystem, which has established the company as the…

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Neobank Monzo unveils new anti-fraud features in case of phone theft

Jul01
by on July 1, 2024 at 3:37 pm
Posted In: Uncategorized


UK-based neobank Monzo has unveiled three app-based security features, aiming to safeguard user accounts from criminals even in the case of phone theft. The new security tools are designed to prevent criminals from transferring or withdrawing amounts from Monzo accounts by offering an additional layer of protection. The digital bank plans to officially roll them out over the coming weeks. To begin with, customers will be able to use the new “known locations” feature to indicate a specific, safe location (like their home or their workplace) where they need to be when moving amounts of money over a certain limit.…

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This week in Dutch tech 20/6 – 27/6

Jun28
by on June 28, 2024 at 5:23 pm
Posted In: Uncategorized


The warm weather finally arrived! But before we begin to wind things down for the summer months, let’s catch up once more with the latest developments in Dutch tech.  Of course, in our mind, the best news from the week that passed was our own TNW Conference taking place in Zaandam, just outside of Amsterdam. (Next year we are back at one of our favourite locations at NDSM island, grab your 2-for-1 tickets now!)  This year featured some of the best keynote speakers and panellists in our 18-year history, along with rich networking opportunities and the signature festival feel that…

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Nyobolt charges EV in under 5 mins during first test drive

Jun28
by on June 28, 2024 at 2:50 pm
Posted In: Electric vehicle


Claims of the next fastest-charging EV have become so common, they’ve almost completely lost their meaning.  But Nyobolt might just have something to brag about. The UK startup has successfully charged an EV from 10% to 80% in just four minutes and 37 seconds — just enough time to grab a coffee. Nyobolt achieved the feat at a race track in Bedford, England on Thursday, using its own specially designed electric sports car fitted with its own specially designed battery.   The Cambridge University spin-out has tinkered with the chemistry of a standard lithium-ion battery to allow it to accept more electrical…

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Samsung backs ‘world’s most powerful’ AI chip for edge devices

Jun28
by on June 28, 2024 at 10:30 am
Posted In: artificial intelligence


Eindhoven-based startup Axelera has raised $68mn as it looks to take its AI chip business global. One of the lead investors is Samsung Catalyst, the venture arm of semiconductor giant Samsung Electronics.   Axelera is developing chips, known as AI processing units (AIPUs), that enable computer vision and generative AI in devices like robots and drones. The chips facilitate so-called edge AI — when AI models are deployed inside devices, instead of linking to them via the cloud.   Axelera builds the AIPUs as well as the software that runs them. Dubbed Metis, the startup claims that it is the world’s most powerful…

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Or just read more coverage about: Samsung

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