Proton launches ‘privacy-first’ AI email assistant to rival Google, Microsoft

Jul19
by on July 19, 2024 at 11:56 am
Posted In: Insider


Swiss app developer Proton has launched a new “privacy-first” AI email writing assistant that could be a more secure alternative to similar offerings from Google and Microsoft.  Proton Scribe, integrated in Proton Mail, allows users to compose emails with simple prompts. The large language model (LLM) can also proofread your drafts before they’re sent.  To use the feature, all you have to do is draft an email in Proton Mail and click the pencil icon displayed at the bottom of the textbox. Tell the tool what you want to say and it will create a draft for you. You can…

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UK approves first cultivated meat sales in Europe — but only for pet food

Jul18
by on July 18, 2024 at 3:48 pm
Posted In: Insider


Cultivated meat is now approved for sale in Europe — but don’t break out the fine China just yet. The first dishes are exclusively reserved for pets. Our furry friends can now legally dine on cultivated chicken from Meatly, a startup based in London. The company announced on Monday that British regulators have rubber-stamped sales of the product. By providing the green-light, the UK has become the first European country to commercialise lab-grown meat. “It’s the start of a viable and sustainable alternative to traditional dog food,” Meatly’s CEO and founder, Owen Ensor, told TNW. That sustainability derives from bringing the…

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ASML orders up 24%, China still the biggest market despite restrictions

Jul17
by on July 17, 2024 at 2:46 pm
Posted In: Uncategorized


While this year thus far has been less profitable for ASML, the tech giant saw orders for its chip making machines increase again over the past three months. According to the company’s earnings report for the second quarter of 2024, net bookings (i.e. orders) reached €5.6bn — rising over 24% year-on-year. A significant chunk consisted of orders for ASML’s EUV machines, which accounted for €2.5bn. The Dutch company is the world’s sole manufacturer of these Extreme Ultraviolet (EUV) lithography machines which produce the most high-end chips, such as the ones used for AI. The rise in EUV orders is in…

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Yandex founder launches new Amsterdam-based AI venture after Russia divestment

Jul16
by on July 16, 2024 at 5:12 pm
Posted In: artificial intelligence


Yandex founder Arkady Volozh is building a cloud service platform for developers to train artificial intelligence models. Named Nebius Group, the company says its aim is to become a European global leader in AI infrastructure.  The launch follows news from yesterday that Yandex had successfully sold its Russian assets in a $5.4bn deal, in what constitutes the largest corporate exit from the country since the start of the full-scale invasion of Ukraine over two years ago.  Yandex was a rare Russian tech success story. The most talented developers in the country came together to build a company that went on…

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UK solar tech scaleup Naked Energy raises £17M for global expansion

Jul15
by on July 15, 2024 at 2:45 pm
Posted In: Uncategorized


UK-based Naked Energy has raised £17mn in a Series B round to boost the global expansion of its solar tech solutions. Founded in 2009, Naked Energy set out to help decarbonise heat generation, which contributes over 40% of global CO2 emissions. The scaleup has developed a pair of modular solar collectors, called Virtu. It claims they are four times more efficient at offsetting emissions compared to conventional solar PV panels. The VirtuHOT collector uses solar thermal technology to heat water from the power of the sun to up to 120°C. The VirtuPVT collector combines solar thermal technology and photovoltaics (PV)…

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