Artificial Intelligence

musk-on-how-to-turn-the-uk-into-a-‘unicorn-breeding-ground’

Musk on how to turn the UK into a ‘unicorn breeding ground’

If you are generally interested in technology, and are not aware by now of the meeting that took place yesterday between Rishi Sunak and Elon Musk during the UK’s AI Security Summit at Bletchley Park, you have probably been living under a rock. As others have already commented, the session more resembled a fan meeting, […]

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How this Berlin startup deploys AI to make preventative healthcare accessible

There are plenty of conversations around how AI can progress healthcare. And indeed, it has numerous applications in the form of diagnostics and accelerated drug discovery. However, wouldn’t it be even better if artificial intelligence could help prevent us from getting sick in the first place? Anyone who has ever tried to get past (or

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why-ai-progress-hitting-the-brakes-is-more-likely-than-world-domination

Why AI progress hitting the brakes is more likely than world domination

There’s a looming global computing capacity crunch that cannot be sustainably addressed the way we’re doing things right now.  Simply put, between artificial intelligence (AI) models growing exponentially and an ongoing global digital transformation, data centres are running out of space. Their vacancy rates are hitting record-lows and prices are rising in response to demand,

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Amsterdam’s Orquesta raises €800,000 for no-code LLM gateway

Amsterdam-based startup Orquesta today announced an oversubscribed €800,000 pre-seed funding round. The company has developed a platform through which companies can integrate various Large Language Models (LLMs) directly into their business operations.  Generative AI and LLMs have been developing at breakneck speed over the past year — a velocity seemingly matched  by investor appetite for

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paris-based-mistral-releases-first-generative-ai-model-—-and-it’s-totally-free

Paris-based Mistral releases first generative AI model — and it’s totally free

Europe’s startup contribution to the generative AI bonanza, Mistral, has released its first model. Mistral 7B is free to download and be used anywhere — including locally.  French AI developer Mistral says its Large Language Model is optimal for low latency, text summarisation, classification, text completion, and code completion. The startup has opted to release

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european-central-bank-assembles-‘infinity-team’-to-identify-genai-applications

European Central Bank assembles ‘infinity team’ to identify GenAI applications

European Union bureaucracy might not conjure the most exciting of connotations. However, being part of the “infinity team” surely puts a superhero-esque spin on your average Frankfurt grey high-rise working day.  Minute takers watch out. After surveying employees on where deploying generative AI could be most effective, the ECB’s newly established working group has launched

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‘world’s-most-accurate’-startup-data-platform-to-identify-gaps-in-ai-ecosystem

‘World’s most accurate’ startup data platform to identify gaps in AI ecosystem

Today, the Saïd Business School at the University of Oxford, along with early-stage VC OpenOcean, released what they call “the world’s most accurate open access startup insights platform” — the O3.  The platform is the result of three years of research from Oxford Saïd and 13 years of experience of data economy investing from OpenOcean.

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germany-doubles-funds-for-ai-‘made-in-europe’

Germany doubles funds for AI ‘made in Europe’

On Wednesday, the German government announced that it would nearly double its funding for artificial intelligence research. The money pledged towards the development of AI systems now amounts to nearly €1bn, which is still far behind the $3.3bn (€3.04bn) in public funding the US reportedly threw at the field last year.  The Federal Ministry for

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UK commits £100M to secure AI chip components

In an intensifying global battle for semiconductor self-sufficiency, the UK will reportedly spend £100mn of taxpayer money to buy AI chip technology from AMD, Intel, and Nvidia. The initiative is part of the  UK’s intention to build a national AI resource, but critics say it is too little, too late.  As reported by The Guardian,

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ai-could-fall-short-on-climate-change-due-to-biased-datasets,-study-finds

AI could fall short on climate change due to biased datasets, study finds

Among the many benefits of artificial intelligence touted by its proponents is the technology’s potential ability to help solve climate change. If this is indeed the case, the recent step changes in AI couldn’t have come any sooner. This summer, evidence has continued to mount that Earth is already transitioning from warming to boiling.  However,

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norwegian-wealth-fund-warns-of-ai-risks-while-reeling-in-billions-from-the-tech

Norwegian wealth fund warns of AI risks while reeling in billions from the tech

To say that Norway’s Sovereign Wealth Fund made a killing these past months would be an understatement. The world’s largest investor in the stock market earned 1,501 billion crowns (€131.1bn) in the first half of 2023, and much of it due to the recent boom in AI. To a large extent, the profits came from

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Composition co-written by AI performed by choir and published as sheet music

Ed Newton-Rex, a creative AI pioneer and VP Audio at Stability AI, says that he’s become the first author to publish a piece of classical music that uses generative AI. The musician and entrepreneur wrote his “I stand in the library,” a piece for the choir and piano, to a poem produced by OpenAI‘s generative

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