Founder-led deep tech investor Plural launches €400M fund


European early-stage investment firm Plural Platform has launched a new €400mn fund as it seeks to turn budding startups into “world-changing” global companies.  Plural was founded in 2021 by Wise co-founder Taavet Hinrikus and Songkick founder Ian Hogar

Enter ClimateGPT — the ‘first-ever’ AI model dedicated to fighting climate change


Fledgling AI startup EQTY Lab has unveiled the “first-ever” AI chatbot designed to provide accurate and authenticated climate data. AI tools such as ChatGPT and Google’s Bard have faced concerns over the accuracy of the information they provide, as they a

ESA orbiter discovers huge ice water deposits at Mars’ equator


A European probe has found massive ice deposits beneath the equator of Mars, a finding that could alter our fundamental understanding of the red planet’s climatic history.  The discovery was made by the European Space Agency’s Mars Express orbiter. This vete

EU bets on quantum tech to boost its cybersecurity needs


The EU has launched the Nostradamus project, aiming to enable high-level cybersecurity with quantum tech. Led by Deutsche Telekom, Nostradamus is an industry consortium, including academia and companies such as Thales and the AIT Austrian Institute of Technolog

Inside DeepL: How the startup is rivalling machine translation giants


AI translation has transformed the way we communicate, breaking down language barriers in an unprecedented way. The sector’s global market size is projected to reach $12.3bn (€11.3bn) by 2026 — and big and small players alike are aiming to cash in. Among them,

World’s largest carbon capture plant is UK’s ‘next big white elephant’


In a move that has sparked widespread criticism from scientists and politicians alike, the UK government has approved plans to install carbon capture technology at Britain’s largest power plant. Under the plans, power generator Drax will install s

Certificates for copyright-compliant AI are here — but ChatGPT won’t get one


A new certification scheme for copyright-compliant AI has launched, but ChatGPT and other text generators won’t qualify. Named Fairly Trained, the initiative arrives amid a brewing backlash against generative AI companies. Many of their tools — from OpenAI’s

EU wants music streaming platforms to pay artists more fairly


The European Parliament has called for more fairness and transparency in the music streaming sector, including better pay for smaller artists.  Members of the European Parliament (MEPs) overwhelmingly voted to adopt the new resolution on Wednesday. The motion

Goodbye snowmobiles. Welcome the silent, electric MoonBike


There’s a silent revolution underway on snowy slopes across the globe. It is being led by packs of ultra-quiet, lightweight, electric snowpeds. And leading this uprising is French aeronautical engineer Nicolas Muron.  Ladies and gentlemen — say hello to the MoonBike an

AI design startup shuns Stable Diffusion for in-house foundation model


An AI design startup/generator will swerve the likes of Stable Diffusion after raising $12mn (€11mn) to build its own foundation model. Recraft is billed as the first-ever AI tool for generating and editing vector art, icons, 3D images, and illustrations within


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