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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Data centres in space could be one solution to AI’s big energy problem

Jun27
by on June 27, 2024 at 6:46 pm
Posted In: Insider, Space


As AI boosts demand for more data storage, Europe is considering sending data centres into space — and the plan is not as outlandish as it may first appear.   A 16-month, €2 million study has concluded that space-based data centres are technically, economically, and environmentally feasible.  Thales Alenia Space and Leonardo coordinated the ASCEND study, which was funded by the EU. The research also tapped expertise from the likes of Airbus, ArianeGroup, and the German Space Agency.  “Deploying data centres in space could transform the European digital landscape, offering a more eco-friendly and sovereign solution for hosting and processing data,”…

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Opera unveils new version of its flagship AI browser

Jun26
by on June 26, 2024 at 4:04 pm
Posted In: Uncategorized


Opera is unveiling today the new version of its flagship AI-centric browser, Opera One, which first launched in 2023. With Opera One, the Norwegian company became one of the early adopters of generative AI applications in web browsing. Its native chatbot, Aria, provides a set of tools such as summarisation, translation, and information search. Dubbed Opera One R2, the new version is now available for testing. It aims to expand the AI capabilities, this time focusing on the multimedia experience. Opera One R2 comes with additional features, such as image generation and image understanding, which makes it possible for users…

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Swiss SkyCell bags $116M to optimise pharma transport with smart cold chain containers

Jun25
by on June 25, 2024 at 5:07 pm
Posted In: Uncategorized


SkyCell, based in Switzerland, has closed $116M in a Series D round for its technological solution that improves the pharmaceutical supply chain for air travel. Founded in 2013, the startup manufactures temperature-controlled containers, using proprietary cold chain technology to monitor and optimise functions such as cooling, humidity protection, and shock absorption. The containers also come with a patented insulation system that reflects heat radiation, enabling them to self-charge in cold environments such as refrigerated vehicles. This ensures a steady temperature between -80°C to 25°C, depending on the specific model. Effective cold chain storage has become a critical part of pharma…

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Apple hit hard by EU rules: AI suite on pause, App Store violations

Jun24
by on June 24, 2024 at 2:28 pm
Posted In: Uncategorized


It’s been a tough few days for Apple in the EU. On Friday, the company announced it would delay the roll-out of its much anticipated AI suite due to regulatory issues. Today, the European Commission warned the tech giant that its App Store is in violation of the bloc’s sweeping online competition rules.  The Cupertino-based company is among the tech giants (designated as “gatekeepers”) that have to comply with the EU’s landmark law, known as the Digital Markets Act (DMA). One of the act’s fundamental provisions is the ban of anti-steering for app platforms. This means that consumers have the…

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