Europe

06 Nov 24

EU funding powers 10% of European startup ecosystem, study finds

Computer & Information Technology

About one in every 10 European startups that have raised VC investment are also backed by an EU grant of equity financing, according to a research project conducted by Dealroom and Dealflow.eu. While the full report is expected to be published later this year, the authors presented a few preliminary…

23 Oct 24

TNW Podcast: Phill Robinson, Boardwave on Europe’s pathway to success

Computer & Information Technology

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 special episode, we’re happy to present an interview with Phill Robinson,…

16 Oct 24

TNW Podcast: Generative AI, academic publishing, and European funding with Anita Schjøll Abildgaard, Iris.ai

Computer & Information Technology

08 Oct 24

Nebius is tripling Nvidia GPU capacity at its AI data centre in Finland

Computer & Information Technology

“Welcome on board. I have been tasked with taking you to Mäntsälä — in the middle of nowhere,” the minivan driver greets us in the characteristic clear and unhurried intonations of a Finnish native speaker. Mäntsälä is, indeed, in the middle of nowhere. But this kind of location is often…

02 Oct 24

‘Algorithms are key to quantum utility’: IBM opens first European quantum data centre

Computer & Information Technology

IBM’s first quantum data centre in Europe may have been planned during his predecessor’s tenure, but it was Olaf Scholz with entourage who descended on the small German town of Ehningen on Tuesday. The reason was to welcome the first IBM Heron processor to be installed outside of the US. …

25 Sep 24

Nebius launches AI data centre in Paris as part of $1B European investment plan

Computer & Information Technology

Nebius today announced the launch of a new data centre in Paris — among the first in Europe to offer NVIDIA’s H200 Tensor Core GPUs. The company, which is the rebranded European arm of “Russia’s Google,” Yandex, is investing more than $1bn to build AI infrastructure across the continent by…

25 Sep 24

Ecodesign for Sustainable Products Regulation (ESPR): The EU mandate set to shake up sustainability in the tech sector

Computer & Information Technology

As part of the EU’s drive to become the first climate-neutral region globally by 2050, it has championed a number of initiatives to encourage more sustainable business practices that contribute to this goal. Most recently in July the Ecodesign for Sustainable Products Regulation (ESPR) came into force to galvanise businesses…

19 Sep 24

NATO’s first quantum tech investment goes to Southampton startup

Computer & Information Technology

The NATO Innovation Fund (NIF) has announced its first investment in quantum tech, leading a €5mn seed round. The recipient is Southampton University spinout Aquark Technologies, which has developed a unique quantum sensing technology. Aquark’s patented cold atom system can be used as an alternative position, navigation, and timing (PNT)…

18 Sep 24

Germany picks 4 startups to deliver world’s first quantum computer for ‘mobile defence’

Computer & Information Technology

In its most expensive project to date, Germany’s Cyber Agency (Cyberagentur) has awarded three different contracts to four quantum computing startups — Quantum Brilliance, ParityQC, Oxford Ionics, and neQxt. Their mission is to deliver the world’s first quantum computer for “mobile security and defence” by 2027. After that, phase four…

18 Sep 24

Algorithm startup QMill vows to become ‘first to provide quantum advantage’

Computer & Information Technology

Espoo outside of Helsinki is turning into quite the quantum hub. The city’s latest addition to the Finnish quantum computing ecosystem is QMill. The newly minted algorithm startup just raised €4mn in seed funding to leverage near-term hardware to deliver real benefits to industry through quantum computing. “There is momentum…