AI is changing science: Google DeepMind duo win Nobel Prize in Chemistry

Google DeepMind scientists Demis Hassabis and John Jumper today won this years Nobel Prize in Chemistry. This prize represents the promise of computational biology, Jumper said during a press conference on Wednesday. Hassabis co-founded DeepMind in 2014. Jumper was appointed director last year. It’s free, every week, in your inbox. It has supported multiple areas of research, from projects on malaria vaccines and Parkinsons treatments to drug-resistant bacteria. AlphaFold2s immediate impact is accelerated research, Jumper said during the press conference....

October 9, 2024 · 1 min · 152 words · Diane Lewis

Carbon removal startup Paebbl bags $25M to turn CO2 into building materials

It’s free, every week, in your inbox. CCUS will be a core lever for decarbonisation, Sjogren, originally from Sweden, told TNW. And luckily, world governments and hard-decarbonise industries like cement and steel are starting to realise that. The CO2 turns into CO3 (carbon trioxide) and binds to the olivine. Around half of the emissions from cement are produced when limestone is heated to produce lime. Paebbls powder can replace lime and other additives in things like wall filler, turning buildings into carbon sinks....

October 9, 2024 · 1 min · 139 words · Zachary Anderson

Holiday homes platform launches ‘global first’ visual search engine

Danish startup Landfolk has launched a visual search engine for holiday homes. NamedDaisy, the feature invites users to search for their dream destinations. After ingesting a query, the feature spits back images linked to properties on the platform. Users can then click-through for further details on the home. Chris Srensen, Landfolks co-founder and CTO, said the search engine harnesses a multi-modal approach. We use vision and language models trained on our listing images, he told TNW....

October 9, 2024 · 2 min · 248 words · Justin Carter

OpenAI deepens European footprint with new hubs in Paris, Brussels

OpenAI is opening new offices in Paris and Brussels as the ChatGPT maker accelerates its global expansion plans. The new sites increase the companys European presence to fouroffices. Job openings at all the sites will be listedhere. For OpenAI, the European locations offer diverse attractions. 40% off TNW Conference! In the case of Paris, the city is emerging as a hotbed forartificial intelligence. Brussels, meanwhile, is the de facto capital of the EU aglobal leaderin AI regulation....

October 9, 2024 · 1 min · 171 words · Matthew Arias

TNW Podcast: Andrii Degeler and Callum Booth on the future of publishing

Music and sound engineering for this podcast are bySound Pulse. 40% off TNW Conference!

October 9, 2024 · 1 min · 14 words · Melissa Reyes

Carbon myopia is concealing a deeper problem: our insatiable appetite for materials

Stop for a moment and pay attention to the things around you. The clothes youre wearing, the unit youre using, what youre sitting on, the building youre in. What are they made of? The UN predicts this will more than double by 2060 without a change to the current patterns of consumption. Our insatiable appetite for more stuff threatens to exceed Earths limits. Truesustainabilitydemands shifting to a circular economy that reuses resources, cuts waste, and restores nature....

October 8, 2024 · 2 min · 424 words · Russell Hood

European Investment Bank crafts new funding plan to keep startups in the EU

This includes three different measures, starting with the extension of the European Tech Champions Initiative (ETCI). Launched in 2023, the ETCI is a fund of funds that provides late-stage capital to European companies. By February 2024, it had closed1bn of investments. It’s free, every week, in your inbox. The problem is not that Europe lacks ideas or ambition, the Italian former premier said. But innovation is blocked at the next stage: we are failing to translate innovation into commercialisation....

October 8, 2024 · 1 min · 155 words · Janet Watson

Nebius is tripling Nvidia GPU capacity at its AI data centre in Finland

Mantsala is, indeed, in the middle of nowhere. This includes NebiusAIdata centre, taking shape in the small community an hours drive or so north of Helsinki. Amsterdam-based Nebius is labelling itself an AI cloud infrastructure company. Its proprietary platform, it says, has been optimised for AI training and inference without performance bottlenecks. It’s free, every week, in your inbox. The AIcloudis different from the regular cloud. The would-beEuropeanAI infrastructure force has begun amassing a tremendous amount of compute....

October 8, 2024 · 2 min · 369 words · Jason Simmons

Stockholm startup Lovable raises $7.5M for AI coding assistant

Dubbed GPT Engineer, theAIcoding tool generates production-ready code in real-time, without requiring developer experience. According to thestartup, users need only chat with the assistant to build websites and web apps. 40% off TNW Conference! Osika founded Lovable together with Fabian Hedin in 2023. Theyre both serial entrepreneurs with a strong background in software development and AI. Lovables funding comes amid a wider boom for the AI-powered coding market. Last week, San-Francisco based Poolside raiseda staggering $500mn without even having launched a product yet....

October 7, 2024 · 1 min · 110 words · Catherine Hayes

TNW Conference 2025 theme spotlight: Ecosystems

It doesnt simply take a village to raise astartup. But there isnt a single recipe for success. Whats the best way to build a startup hub? What are the essential support mechanisms for young businesses, from accelerators and incubation programmes to startup visas? How to efficiently attract Foreign Direct Investment (FDI) and talent? The list of questions is long. It’s free, every week, in your inbox. Private companies bring speed....

October 7, 2024 · 1 min · 150 words · Christopher Hughes

What European founders need to know about US vs EU market expansion

The recently released EU Competitiveness Report from the European Commission delivered a stark message to the blocs tech sector. As Mario Draghi, lead author of the report, warned, Europe faces an existential challenge. The problem is not thatEuropelacks ideas or ambition, the former Italian premier said. But innovation is blocked at the next stage: we are failing to translate innovation into commercialisation. It’s free, every week, in your inbox. Is now the right time to expand to the US?...

October 7, 2024 · 2 min · 279 words · Matthew Patel

ESA’s ‘planetary defence mission’ has startups dreaming of asteroid mining

Europes spacetech elite are making their final preparations for a groundbreaking meeting with an asteroid. A spacecraft called Hera named after the Greek goddess of marriage will make the rendezvous. The probe is slated for launch onOctober 7. Back in 2022, the agencys DART spacecraft deliberately smashed into Dimorphos. The collision contributed to a test of humanitys planetary defences. 40% off TNW Conference! Hera will measure the impact of DARTs strike....

October 4, 2024 · 2 min · 323 words · Robert Sawyer

Ukraine’s new F-16 simulator spotlights a ‘paradigm shift’ led from Europe

To the average eye, extended reality is starting to look bleak. Sadly for Mark Zuckerberg, consumers rarely want to strap computers to their faces. But there is one place where business is booming: the military. Under the deal, the tech giant would develop training programmes for HoloLens-based headsets. Despite a shaky start literally, for thenauseated soldiers the partnership continues to this day. But it might not last much longer: around80 firmsare now vying for the contract....

October 4, 2024 · 5 min · 1017 words · Michael Holmes