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It’s free, every week, in your inbox. Initial police investigations concluded the deaths were not linked. Northvolt called them a tragic coincidence. Toyota temporarily pulled its workers from the factory following the fatalities. Battery boom to bust? Europes most valuable startup needs a lifeline but at this stage its uncertain where that will come from. Story bySion Geschwindt Sion is a freelance science and technology reporter, specialising in climate and energy....

This month, the European Commission published Mario Draghis long-awaited EU competitiveness report. TheEU must overcome the innovation gapto prevent economic slowdown. All six US companies with valuations above 1 trillion have been created in that period of time. 40% off TNW Conference! According to the Startup Observatory, the number ofstartupsin Valenciaincreased by 16% over the course of 2023. This is one area where Mas believes the Law has failed to make a significant impact....

Arm wants to upgrade the brains inside our devices. Armsaid the models run seamlessly on its compute platforms. The smaller, text-based LLMs Llama 3.2 1B and 3B are optimised for Arm-based mobile chips. Consequently, the models can deliver faster user experiences on smartphones. Processing more AI at the edge can also save energy and costs. These enhancements offer new opportunities to scale. By increasing the efficiencies of LLMs, Arm can run moreAIdirectly on smartphones....

The market is ripe for consolidation, said founder Richard Valtr, pictured right. 40% off TNW Conference! Mews sees M&A as a path to rapid growth. It has 5,500 customers in 85 countries, most of which are independent hotel companies. Story bySion Geschwindt Sion is a freelance science and technology reporter, specialising in climate and energy. Also tagged with

Oval is made by combining recycled collagen recovered from old cosmetics with herbal extracts, oils, and minerals. Those are the ingredients, but Pact is keeping the recipe hush-hush for now. 40% off TNW Conference! His work on proteins inspired the idea for a biomaterial derived entirely from nature. It also aims to discover and develop new kinds of biomaterials. Pacts Seed round was joined by Hoxton Ventures, ReGen Ventures, Celsius Industries, and Polytechnique Ventures....

Bunq has become the latestfintechto enter the crowded European stock trading market. The Amsterdam-based neobank yesterday announced its new Stocks product, which it claims is tailored to digital nomads. The Dutch bank already provides in-app portfolio investing options in environmentally-friendly companies. Stocks significantly expands the offerings. Users can now invest in popular US and EU public companies as well as multi-asset ETFs. Stocks on offer include Apple, Tesla, and Nvidia....

40% off TNW Conference! Why are Digital Product Passports (DPPs) in the mix? DPPs are comprehensive digital records that can detail every aspect of a products lifecycle. So what does this mean for tech businesses today? The ESPR officially came into force on July 18. Aiming to change when the full legislation comes into force will arguably be too late. Their expertise and insights could prove invaluable in making the difference between a satisfactory implementation and a great one....

A new recreation of the Moon on Earth has sparked hopes of a European renaissance in space. Known as LUNA, the futuristic facility was inaugurated today in Cologne, Germany. Also in the pipeline are a gravity offloading system and an adjustable ramp that simulates lunar slopes. 40% off TNW Conference! Among them is Spartan Space, which is developing a lunar base camp. The camp is designed as a payload that spacecraft can robotically land on the Moon....

Its no secret that Dubai is a pioneer in offering business-friendly policies. Founders can launch their business in just four days and with even fewer steps. Salaries are also tax-free if you have a UAE residence visa and use Dubai as your place of residence. 40% off TNW Conference! Nodeshift has since raised a$3.2 millionseed funding round in February 2024. This years edition also marks the highest attendance from Europe with over 350 startups expected....

40% off TNW Conference! The business core product is an AI-centric cloud platform for intense AI workloads. Nebius also promises to be one of the first to bring Nvidias fabled Blackwell platform to customers in 2025. Europes challenge in the global AI race is competing for talent. Story byLinnea Ahlgren Linnea is the senior editor at TNW, having joined in April 2023. Dabbles in gaming and fitness wearables. But first, coffee....

Behind thestartupare machine learning engineers Marvin Purtorab (CEO) and Andy Toulis (CTO). The duo met at Shopify while working on recommender systems and AI assistants. In 2023, they joined enterprise AI startup Cohere. Convergences Proxy AI agent has been developed for both employees and consumers. It’s free, every week, in your inbox. For employees, it can automate administrative and repetitive tasks and workflows to save time and increase productivity. For consumers, it can assist with everyday activities, such as booking trips or ordering groceries....

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Zu Furstenberg added that startups have a critical role to play. Their agility, speed, and deep technical expertise are essential. It’s free, every week, in your inbox. Specifically, the three countries have raised $2.2bn between them since 2018. Munich has attracted most of the capital among all European cities, partly thanks toHelsings $487mn fundraisein 2024. Bristol and Paris follow as the next major investment hubs. Overall, venture capital investment among NATO countries has increased fourfold since 2018....