Google DeepMind’s new weather forecaster blows away the competition

It was tested on over 1,320 weather scenarios, including tropical cyclones and heatwaves. During the experiments, researchers asked GenCast to generate a forecast for 2019. They then compared the results to the actual weather during that year as well as ENS predictions. It’s free, every week, in your inbox. The fancy name for this technique is probabilistic ensemble forecasting. Its already the gold standard in traditional forecast systems. However, GenCast is taking things up a notch....

December 5, 2024 · 1 min · 150 words · Austin Harding MD

Dr. Rob’s new AI model promises to cut aircraft design time from months to days

UK startup PhysicsX, founded by former Formula 1 engineering whizz Robin Dr. DubbedLGM-Aero, thesoftwarecreates new designs for aeroplanes. It then tailors the design according to what you want your plane to do. PhysicsX said the AI is thefirst-ever Large Geometry Model (LGM) for aerospace engineering. A barebones version of the model, Ai.rplane, is also accessible free of charge. 40% off TNW Conference! Tuluie wasnt always an entrepreneur. For the first half of his life, he worked alongside Nobel Prize winners as an astrophysicist....

December 4, 2024 · 1 min · 209 words · Natalie Gross

Microsoft faces £1B cloud licensing lawsuit in the UK

Microsofts cloud ambitions just hit a major snag in the UK. Maria Luisa Stasi, the lead claimant, argues this forces UK businesses into Azures arms and stifles competition. Backed by litigation funder LCM Funding, the case claims Microsofts pricing practices exploit its dominance in operating systems. It’s free, every week, in your inbox. Microsoft has not yet responded to our request for comment. Big tech under the microscope Microsofts legal headaches arent just about the cloud....

December 4, 2024 · 1 min · 154 words · Jennifer Allen

Smartphones in Spain should carry health warning, says government panel

A Spanish government-appointed committee of experts has recommended that smartphones sold in the country carry health warning labels. The advice comes amid mounting concern about the effects of smartphone use, particularly among young people. The experts published their findings in a250-page report,seen by newspaperEl Pais. The document details ways the government could crack down on what the panel calls a public health epidemic. The experts also took aim at educational apps with instant gratification mechanics....

December 4, 2024 · 2 min · 222 words · Anna Hall

Spanish startup edges closer to Europe’s first private orbital rocket launch

PLD Spacelaunched its first, smaller rocket, Miura 1, from Spain last year. However, for a bigger orbital launcher like Miura 5, the company needs a facility with specific capabilities. PLD Space plans to conduct test and flight campaigns for MIURA 5 from the site. The rockets maiden flight is scheduled for late 2025. The company now employs over 250 people. It has raised170mn in funding to date. The companys ambitions extend beyond MIURA 5....

December 3, 2024 · 2 min · 227 words · Megan Smith

Fuelled by €24M, UK startup gears up to put more thermal satellites in orbit

The remainder comes from an insurance payout, the startup said. The probes HotSat-2 and HotSat-3 will replace HotSat-1, SatVus first satellite, launched in 2023. However, HotSat-1 suffered a major setback just six months into its mission when its sensor stopped functioning. 40% off TNW Conference! With HotSat-2 and HotSat-3 and a fresh pot of funding SatVu looks to stage a comeback. The company eventually plans to deploy a constellation of at least eight thermal imaging probes....

December 2, 2024 · 1 min · 168 words · Vanessa Smith

Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

It alsorecently announcedplans to build its first GPU cluster in the US. This strategic financing gives us additional firepower to do it faster and on a larger scale. 40% off TNW Conference! It will also deploy additional capacity through colocation. Nebius core product is an AI-centric cloud platform for intense AI workloads. The deal is not about the GPUs,Volozh told Bloomberg. But, of course, it shows our close relationship, which we hope will influence our pipeline....

December 2, 2024 · 1 min · 105 words · John King

These will be the most in-demand skills for developers in 2025

The Dutch labour market is experiencing apersistent talent shortage, according to a new salary survey report. 5 software jobs to apply for now These arent standalone requests. It’s free, every week, in your inbox. Furtherintel from BairesDevis of particular interest to softwaredeveloperswho may be job-seeking in 2025. Those include technologies like React, .NET, Python, Node, and Java. If AI is a gold rush and youre a developer, you might want to be selling the pickaxes....

November 27, 2024 · 1 min · 145 words · James Burns

This startup’s microliner promises a cheaper route to electric flights

Its been a tough year for air taxistartups. The UKs Vertical Aerospace is running short of cash, while Germanys Lillium faces bankruptcy. Targets for commercialisation keep getting extended. Investors are hesitant to commit. The reason for all the struggles is pretty simple. For operators and passengers, the experience will be essentially the same. Similar to what Tesla did for cars, but for planes. It’s free, every week, in your inbox....

November 27, 2024 · 2 min · 252 words · Ryan Dixon

Air taxi startup Vertical Aerospace extends runway with $50mn lifeline

Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxistartup. The agreement, announced Monday, includes a $50mn cash injection and a substantial debt-to-equity swap. This move reduces Verticals debt burden while extending the repayment date for the remaining $65mn to December 2028. He will remain on the board as a non-executive director. Despite the shift in control, Vertical will continue to operate from its headquarters in Bristol....

November 26, 2024 · 1 min · 143 words · Lori Torres

Cambridge spinout Molyon bets on lithium-sulfur in race for better batteries

Lithium-ion batteries have served us well, powering much of the modern world. This push is driving scientists to conjure up new battery chemistries or refine old ones. Naturally, it is also spawning a new generation ofstartupslooking to scale the next, best battery. One of those is Molyon. Today, the startup secured $4.6mn to kickstart manufacturing at its first pilot facility. They could help technologies like electric vehicles, drones, and planes become far more efficient....

November 26, 2024 · 1 min · 170 words · Alexander Carroll

Swiss startup turning rainy days into refunds launches first product

Zurich-basedstartupPoncho has officially launched its weather insurance platform and bagged some fresh funding to boot. Founded in 2023, the company aims to transform how the travel and hospitality industries handle unpredictable weather. Ponchostechintegrates with booking systems, allowing customers to opt for weather protection at checkout. You dont need to file a claim. But with Poncho, at least your budget stays intact when Mother Nature doesnt play nice. 40% off TNW Conference!...

November 25, 2024 · 1 min · 141 words · Larry Perez

Candela brings electric flying ferry to US shores after $40M raise

Candela is flying high and across the Atlantic. The Swedishstartuphas secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its total funding at just shy of $90mn. 40% off TNW Conference! This also provides a smooth, silent ride unaffected by waves and winds. Last month, Stockholm became the first city to adopt Candelas ferry as part of its public transport system. Candela estimates 120 of its shuttles could replace Stockholms entire 35-strong fleet of diesel ferries....

November 21, 2024 · 1 min · 137 words · Andrew Kelley