And thus, after months of anticipation and speculation, the day of Arm’s IPO is upon us. The SoftBank-owned chip design company will begin trading in New York today, Thursday, with shares priced at $51 (€47.51) apiece. This gives Arm a valuation of $52.3bn (€48.7bn). Japanese SoftBank intends to hold onto just above 90% of the […]
UK chip designer Arm valued at $50B ahead of today’s IPO Leer más »
X Shore, Sweden’s award-winning electric boat manufacturer, is launching its third model — and the first one dedicated to maritime professionals. Dubbed X Shore Pro, the electric vessel has been designed for companies and organisations with operations ranging from shuttle services and diving to commercial traffic and coast guards. Notably, one of the first boats
X Shore’s first commercial electric boat will bring students to school Leer más »
Instead of taking you right to your library of installed apps, Meta is making yet another perplexing change to the Quest landing page in v57. Since the earliest days of Meta’s VR platform, the company has been seemingly obsessed with not putting your library of VR apps front-and-center. Instead the first thing you see when you
New Quest Update Reimagines the Landing Page, Once Again Sequestering Your App Library Leer más »
There’s a rumor going around that Nintendo is making a VR headset in partnership with Google. The rumor is still unconfirmed, but when the world’s oldest extant gaming company finally thinks it’s time to make a dedicated XR device, you know it’s going to be something special. Having seen how far the technology has come
Why Nintendo Hasn’t Made a Real VR Headset Yet Leer más »
NordicNinja, the largest Japanese VC in Europe, has raised a fresh fund of €200mn for early-stage startups active in climate and deep tech, with particular focus on the intersection between sustainability and digitalisation. Alongside the funding, startups will receive support and access to a network of over 120 blue chip Japanese corporations. Founded in 2019,
NordicNinja raises €200M fund for climate, deep tech startups Leer más »
Dell and University of Limerick (UL) in Ireland have teamed up to advance cancer research using AI. Specifically, the tech giant will be working with UL’s Digital Cancer Research Centre to help doctors provide more efficient cancer care for patients suffering from B-cell lymphoma. This covers the entire spectrum of care, from speeding up diagnosis
Cancer patient digital twins and AI tapped to turbocharge oncology Leer más »
Space startup Open Cosmos will accelerate its mission to protect our planet after raising $50mn in a new funding round. The UK-based company uses satellites to tackle environmental issues. By tapping AI, sensors, and Earth Observation (EO) imagery, the probes provide unique insights into climate change. These findings can shine new light on global temperatures, greenhouse gases,
Space startup bags $50M to fight climate change with satellites Leer más »
Tech companies spend over €113mn per year on lobbying the EU’s decision-making policies, a new study by the Corporate Europe Organisation (CEO) has found. Alarmingly, the tech industry’s lobbying power has also increased by 16.5% over the past couple of years — from €97mn in 2021 to €113mn in 2023. Overall, a total of 651
Tech companies spend €113M per year on lobbying EU policies Leer más »
Last week, Stellantis announced it had inaugurated its first, €40mn, battery tech centre in Turin, Italy. This will allow for in-house testing and development of EV battery packs for the company’s upcoming products. The move is part of a plan to expand battery building capacity to 400GWh — and significantly reduce battery weight. The Mirafiori
Stellantis opens €40M EV battery tech centre in Italy Leer más »
MyDearest, the Japan-based studio behind the Tokyo Chronos VR series, revealed it’s next VR game, a team shooter called Brazen Blaze. The studio describes Brazen Blaze as a “3v3 smack & shoot VR action with a heavy focus on close quarter melee combat.” You’ll be able to “choose from a variety of characters with unique skills to destroy
‘Tokyo Chronos’ Studio Announces VR Team Shooter ‘Brazen Blaze’, Coming in 2024 Leer más »
Bigscreen announced it’s now shipping Beyond, the company’s thin and light PC VR headset unveiled earlier this year. Created by the same team behind the Bigscreen Beta VR app, Bigscreen Beyond is a tethered PC VR headset that uses Valve’s SteamVR tracking standard. Priced at $1,000, the headset makes for an interesting value proposition for users
Thin & Light PC VR Headset Bigscreen Beyond Now Shipping in US Leer más »
Our world runs on semiconductors. The slivers of silicon provide electronic brains to phones, computers, cars, data centres, and stock markets. They’re also the digital backbone of modern militaries. Some of the first chips ever made were used in missile guidance systems. Today, they power countless military devices, from fighter jets and howitzers to radios
EU has ‘no chance’ of semiconductor independence — but neither does anyone else Leer más »
