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 a
Artificial intelligence is the big thing right now, with industries from finance to health care to retail scrambling to adopt AI or risk being left behind. But speaking as professors of business, we think some companies might be jumping the gun. Our recent rese
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, econ
If you follow European AI news, you may have read that Finland’s Silo AI and Germany’s Aleph Alpha recently established a partnership to deliver “sovereign AI.” It would seem whoever is responsible for partnerships at Silo is keeping busy, as th
Boxing is a whimsically old-fashioned sport. Feuds are settled in fights, traditions are revered, and ageing faces run the show. Fifty years since their heydays promoting Muhammad Ali, the 92-year-olds Don King and Bob Arum remain leading powerbrokers. They wor
A Silicon Valley startup is developing a hot rock battery that could be the next big thing in energy storage — and it’s coming to Europe. The giant brick toaster is the brainchild of San Francisco-based Rondo Energy. The startup believes it could
A report published today by McKinsey on the state of the global quantum tech sector has found that Europe is spending more and more in public funding on technologies such as quantum computers, quantum sensors, and quantum co
The EU’s supercomputer alliance yesterday announced the winners of its AI startup competition. Four companies will split €1bn — and precious uptime on world-class high-performance computer systems to train their models. Training and running AI requires massive amounts of
Twenty-six years. That is roughly how much of our lives are spent asleep. Scientists have been trying to explain why we spend so much time sleeping since at least the ancient Greeks, but pinning down the exact functions of sleep has proven to be difficult. Duri
The EU’s supercomputer alliance yesterday announced the winners of its AI startup competition. Four companies will split €1mn — and precious uptime on world-class high-performance computer systems to train their models. Training and running AI requires massive amounts of