AI translation unicorn DeepL reaches $2B valuation with new $300M investment


DeepL, the Cologne-based unicorn that has been rivalling machine translation giants such as Google Translate, today announced a new investment of $300mn (€277mn), reaching a $2bn valuation. Born from online dictionary Linguee, the startup was founded in 2017

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Creating an inclusion blueprint for lasting impact


In today’s deeply divided world, where a spirit of isolationism and separation se

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TNW Podcast: Cybersecurity in AI with Peter Garraghan; chatbot wars in Europe


Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea an

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French startup Pasqal inks deal for Saudi Arabia’s first quantum computer


Over the past couple of years, the Gulf states have been putting their oil money to use buying up thousands of the latest AI chips. However, thus far they have been relatively quiet when it comes to investing in quantum technology. That is

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EU’s AI Act set to enter force next month


The EU’s AI Act is set to enter force next month after receiving a final rubber-stamp from the European Council. Ministers today endorsed a political deal on the landmark law, billed as the world’s first comprehensive rules on AI. The law applies a risk-based

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As UK launches semiconductor institute, EU chips get €2.5B boost


Amid a global race for semiconductor independence, the UK announced today a designated institute that will oversee its £1bn strategy on growing its chips sector. At the same time, Belgium-based research hub imec has land

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Swiss startup creates modular device for on-demand cell therapy manufacturing


Switzerland-based Limula today announced a raise of $6.8mn (€6.2mn) to further develop its technology, which aims to automate cell therapy manufacturing. Gene and cell therapies have emerged as a promising treatment for life-threatening or difficult-to-man

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French startup Pascal inks deal for Saudi Arabia’s first quantum computer


Over the past couple of years, the Gulf states have been putting their oil money to use buying up thousands of the latest AI chips. However, thus far they have been relatively quiet when it comes to investing in quantum technology. That is

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Ebikes are more popular than ever, but we’re nowhere near a car-less world


Moving to Amsterdam was eye-opening. Having grown up in the car-centric UK and struggled to cycle in London, it felt as though the Dutch embrace of bikes was innate, something that simply happened due to a quirk of national character. This, of cour

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Ebike-sharing app Forest rides ad revenue to become ‘cheapest’ in London


If you’ve been to London recently you may have noticed packs of dark green and brown ebikes lining the city’s streets. They belong to Forest, an aptly named startup that claims to be London’s cheapest and most sustainable shared ebike operator.   I

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