Corporates and innovation

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German startup Fernride bags $50M to make trucking autonomous

Munich-based autonomous trucking startup Fernride has closed a further $19mn in its Series A funding round, neatly pushing the total amount raised in the round to $50mn.  Founded in 2019, Fernride has developed autonomous vehicle software that converts trucks into self-driving machines. These haulers operate at Level 4 autonomy which means the vehicle can drive […]

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UK’s controversial Online Safety Bill to become law

Britain’s controversial Online Safety Bill will soon become law after passing through parliament on Tuesday. The sweeping legislation places strict news content moderation rules on social media companies. Platforms will become legally responsible for the material they host. Under the new rules, platforms will have to quickly remove any illegal content — or stop it

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French car battery startup secures €2bn as EU looks to wean itself off Chinese tech

French car battery startup Verkor has secured €2bn to build its first manufacturing plant in France, at a time when Chinese competitors are rapidly gaining market share in Europe.   The funding round includes €650mn in French subsidies, a sizeable level of state support indicative of the government’s commitment to boosting local production of lithium-ion batteries

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Europe’s largest solar thermal energy plant opens in Belgium

Dutch packaging and materials manufacturer Avery Dennison has opened what it claims to be Europe’s largest concentrated solar thermal platform and storage unit at its factory in Turnhout, Belgium.   The new thermal solar energy plant comprises 2,240 surface mirrors, with a peak energy yield of 2.7GWh thermal power. It also contains six thermal modules that

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UK chip designer Arm valued at $50B ahead of today’s IPO

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

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Ubotica and IBM bring one-click deployment of AI on board satellites

Amid the increasing commercialisation of space tech, Ubotica has partnered up with IBM to simplify the use of AI applications on board low-Earth-orbit (LEO) satellites. Founded in 2016, the Dublin-headquartered startup provides its CogniSAT edge computing platform for artificial intelligence systems on satellites, which enables AI inference to be performed on data directly in space.

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Opinion: The iPhone’s pivot to USB-C is good for the planet, consumers — and me

New iPhones always arrive with upgrades, but this year’s crop will feature one improvement that Apple didn’t want to make. As a result of new EU rules, the US tech giant is set to ditch its Lightning charging cable for a USB-C wire. The entire range of iPhone 15s is expected to make the transition.

Opinion: The iPhone’s pivot to USB-C is good for the planet, consumers — and me Leer más »

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Cancer patient digital twins and AI tapped to turbocharge oncology

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

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Stellantis opens €40M EV battery tech centre in Italy

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

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eu-has-‘no-chance’-of-semiconductor-independence-—-but-neither-does-anyone-else

EU has ‘no chance’ of semiconductor independence — but neither does anyone else

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 »

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Apple and Microsoft deny EU ‘gatekeeper’ status for iMessage and Bing

Apple and Microsoft are pressing the EU to omit iMessage and Bing, respectively, from a list of “gatekeepers” subject to new regulatory requirements. Their reasoning? The services, claim the companies, simply aren’t popular enough. The dispute stems from the EU’s new Digital Markets Act, a landmark law designed to constrain the power of big tech.

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Sweden’s Scania unveils world’s first semi-truck covered in solar panels

Late last week, Sweden’s Scania revealed a world-first hybrid semi-truck covered in solar panels. Because of its self-produced energy, the unique prototype has the potential to reduce both operational costs and CO2 emissions of heavy transport.  The hybrid truck’s trailer is covered in 100 square metres of solar panels that are plugged into an electrical system

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