An Icelandic scaleup has sparked hopes of a breakthrough in dementia treatment after raising €26.5mn for groundbreaking research. Arctic Therapeutics (ATx) attracted the investment after pioneering a new approach to drug development. Founded in 2015, the company first analyses genomic data with bioinformatics — a blend of computer science and…
Dutch scaleup Mosa Meat, the maker of the “world’s kindest burger,” has submitted its first request to sell cultivated meat in the EU. Cultivated or “lab-grown” meat is made by harvesting animal cells and growing them in a high-tech bioreactor filled with a nutrient-packed broth. The result? Real meat minus…
Google DeepMind spinoff Isomorphic Labs expects testing on its first AI-designed drugs to begin this year, as tech startups race to turn algorithmic magic into actual treatments. “We’ll hopefully have some AI-designed drugs in clinical trials by the end of the year,” the firm’s Nobel Prize-winning CEO Demis Hassabis told…
The surge of interest in AI is creating a massive demand for computing power. Around the world, companies are trying to keep up with the vast amount of GPUs needed to power more and more advanced AI models. While GPUs are not the only option for running an AI model,…
Stuttgart, Germany-based Sereact has secured €25mn to advance its embodied AI software that enables robots to carry out tasks they were never trained to do. “With our technology, robots act situationally rather than following rigidly programmed sequences. They adapt to dynamic tasks in real-time, enabling an unprecedented level of autonomy,”…
A startup called Scenexus has unveiled plans to build digital twins of cities around the world. A spin-off from Dutch research organisation TNO, Scenexus launched this week with a new platform for urban planning. The software blends multiple datasets to clone entire cities and regions. Planners and engineers then use…