Corporates and innovation

deepmind-says-its-new-ai-system-is-the-world’s-most-accurate-10-day-weather-forecaster

DeepMind says its new AI system is the world’s most accurate 10-day weather forecaster

A new AI model from Google DeepMind is the world’s most accurate 10-day global weather forecasting system, according to the London-based lab. Named GraphCast, the model promises medium-range weather forecasts of “unprecedented accuracy.” In a study published today, GraphCast was shown to be more precise and faster than the industry gold standard for weather simulation, […]

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Norway’s Otovo bags €40M to grow rent-to-own solar marketplace

Norway-headquartered Otovo has secured €40mn to expand its rent-to-buy online marketplace for solar panels, as it seeks to cash in on booming demand from homeowners looking to slash their energy bills. Otovo rents out solar panels and inverters at a fixed monthly cost, which includes all repairs and maintenance. It also offers the option to

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ESA inks deal with Airbus, Voyager Space to secure place on ISS successor

The European Space Agency has signed a deal with Airbus and Voyager Space to secure its next home in orbit.  The two companies are currently developing Starlab, one of several planned replacements for the International Space Station (ISS), which is set to retire in 2030.  Under the agreement, ESA will assess how the Starlab space

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uk’s-biggest-chip-plant-sold-by-chinese-owned-firm-after-government-order

UK’s biggest chip plant sold by Chinese-owned firm after government order

Britain’s biggest chip plant has been bought by US semiconductor firm Vishay for $177mn. The Newport Wafer Fab in Wales was previously owned by Nexperia, which acquired the business in 2021. Nexperia is headquartered in the Netherlands, but the company is a subsidiary of China’s Wingtech. This ownership structure attracted intervention from UK lawmakers. Last year,

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5 new EU restrictions for online political advertising

As the European Union prepares for elections next year, the bloc is developing new measures to protect the democratic process.  The latest rules focus on advertising. On Tuesday, EU officials unveiled new regulations for online political ads, which aim to make campaigns more transparent and safe from interference. These are the five new measures that are being implemented:

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world-first-ai-safety-deal-exposes-agenda-set-in-silicon-valley,-critics-say

World-first AI safety deal exposes agenda set in Silicon Valley, critics say

A world-first declaration on AI that was agreed on Wednesday will have no real impact and has been manipulated by big tech, critics say. The statement was signed by 28 countries — and the EU — who collectively cover six continents. They unveiled their pact at the UK’s AI Safety Summit in Bletchley Park, where codebreakers

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uk-invests-225m-to-create-one-of-world’s-most-powerful-ai-supercomputers

UK invests £225M to create one of world’s most powerful AI supercomputers

The UK government is investing £225mn to build one of the world’s fastest supercomputers, as it looks to “lead the world” in AI systems.  The supercomputer — named Isambard-AI, after the famous 19th-century British engineer Isambard Brunel — will be ten times faster than the country’s quickest machine once it switches on in about six

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Nokia sues Amazon, HP over video patent infringement

Nokia has taken legal action against Amazon and HP over their alleged “unauthorised use” of the company’s video streaming-related technologies. In a blogpost, Nokia’s Chief Licencing Officer Arvin Patel alleged that Amazon Prime Video and Amazon’s streaming devices infringe a number of the company’s multimedia patents, including video compression, content recommendation and delivery, and aspects

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ai-nearly-twice-as-good-as-biopsy-at-assessing-rare-cancer

AI nearly twice as good as biopsy at assessing rare cancer

AI could be nearly twice as accurate as biopsies at assessing the aggressiveness of some rare types of cancer, a new study suggests. According to researchers this could save the lives of thousands of patients. A research team from the Royal Marsden NHS Foundation Trust and the Institute for Cancer Research (ICR) focused on retroperitoneal

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Bedazzled by big tech, the UK’s AI summit is overlooking big issues

World leaders and tech titans are currently descending on southern England for an AI safety summit, but the flashy event isn’t impressing everyone. Over the next two days, around 100 bigwigs will attend the event at the historic Bletchley Park, a country estate around 90km north of London. During World War Two, the site was home to the codebreakers

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dutch-solar-ev-completes-1,000km-test-drive-through-the-desert

Dutch solar EV completes 1,000km test drive through the desert

An off-road solar car built by a team of Dutch students has successfully traversed 1,000km of rugged desert terrain in North Africa — opening up possibilities for the broader rollout of solar-powered EVs in areas with limited charging infrastructure. The Eindhoven University of Technology (TU/e) students drove the SUV, which doubles as a small campervan,

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