Shares in ASML have bounced back from the hit inflicted by DeepSeek’s AI advances. Celebrating the results, ASML predicted that the sudden emergence of low-cost models will boost demand for the firm’s semiconductor machines. The company’s stock price rose by over 10% on Wednesday after the Dutch business reported impressive…
From 2013 to 2023, the number of ICT specialists in the EU increased by 59.3% according to Eurostat. In that period, most of these tech workers were found in Germany, which provided employment for 21.5% of the EU’s ICT specialists—unsurprising when you consider the fact that the country is home…
DeepSeek sent ripples through the global tech landscape this week as it soared above ChatGPT in Apple’s app store. The meteoric rise has shifted the dynamics of US-China tech competition, shocked global tech stock valuations, and reshaped the future direction of artificial intelligence (AI) development. Among the industry buzz created…
Learn how Google Gemini collaborated with German composers to create “The Twin Paradox: A Symphonic Discourse,” first performed by the Munich Symphony Orchestra in Octob…
DeepSeek proves that Silicon Valley can’t monopolise AI innovation, according to a European AI entrepreneur. Muj Choudhury, the CEO and co-founder of British voice processing startup RocketPhone, welcomed DeepSeek’s rapid rise. He hopes the Chinese company signals a shift in the balance of AI power. “AI development has long been…
Spanish tech star TravelPerk has raised a whopping $200mn and sealed the acquisition of expenses platform Yokoy. The investment values TravelPerk at $2.7bn — almost double last year’s $1.4bn valuation. The business travel giant said the funds would fuel further product development and expansion into the US. European VC firm…
AI coding assistants are quickly becoming indispensable tools for developers. But the provenance of the code they’re trained on is often murky, leading to concerns around transparency and author rights. A new initiative launched yesterday by the nonprofit Software Heritage hopes to change this by providing the world’s largest repository…