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Innovation thrives at the intersection of academia and entrepreneurship. Universities serve as breeding grounds forstartupspoised to disrupt industries with their novel ideas and cutting-edge technologies. Here, venture capital emerges as the indispensable catalyst. Venture funds play a pivotal role in bridging the gap between academic research and commercialisation. Despite the invaluable role of venture capital, the path from academic research to market-ready technology remains arduous. Early-stage investors like us play a crucial part in this process....

MilitaryAIstartup Helsing has raised a whopping 450mn at areported valuationof 5bn. The German company said the war chest will fund security for NATOs Eastern Flank. Founded in 2021, Helsing has rapidly grown into one of Europes defence tech leaders. Its now also among the continents most valuable AIstartups. This rapid rise has coincided with increasing alarm about Russias threat toEurope. Since the full-scale invasion of Ukraine began in 2022, defence budgets have soared across the region....

GermanstartupVolocopter will deliver the flying taxis. A barge on the River Seine will provide a tiny airport for the vehicles. The French government confirmed the plans on Tuesday. In anofficial degree, public officials named the terminal the Vertiport de Paris-Austerlitz. The airport will accommodate vertical takeoff and landing (VTOL) vehicles. Volocopters all-electricVolocityis the only air taxi authorised to use the terminal. The two-seater, 18-rotor craft earned the rubber stamp after over a year of testing....

Amid increasing interest in Icelandstechecosystem, Reykjavik-based Frumtak Ventures has closed a $87M fund aimed at local startups. This is the venture capital firms fourth fund, following a $57mn predecessor in 2021. While sector-agnostic, Frumtak Ventures has so far mostly invested in B2B SaaSstartupsat the seed or Series A stage. The new fund will focus on the intersection of AI, software, and deeptech. The lifetime of the fund is 10 years with a possible three-year extension....

I’m not complaining this series is flying under the radar. It’s actually perfectly poetic. Just one more way these guys can stay completely unknown. Today we focus on a few phantoms we’ll just loosely all call #3 on the list. A running back, a wide receiver, and a center walk into a bar. Xavier Jones- Running Back Here’s an action shot of Xavier Jones running with the ball. But he did play in 13 games and recorded a whopping four tackles....

Photonic chips use light instead of electricity to carry and transmit information. Their integration into electronics promises smaller, faster, and more energy-efficient devices. 40% off TNW Conference! According to PhotonDelta, the Dutch industry has raised over $500mn in the past five years. The country is particularly strong inIndium PhosphideandSilicon Nitridephotonic chips. Collaborating on the development of photonic chips holds significant promise for both the Dutch and the US semiconductor industry....

In todays episode, Andrii talks aboutfusion energy in Europe, the war on floppy disks, and more. It’s free, every week, in your inbox. Feel free to email us with any questions, suggestions, and opinions atpodcast@thenextweb.com.

AMD announced the all-cash transaction on Wednesday. The Californian company described the acquisition as a significant step towards delivering end-to-end AI solutions. It will also give AMD new tools to compete with Nvidias high-performance chips. Silo describes itself as Europes largest private AI lab. The company is best know forbuilding large language models (LLMs) particularly for low-resource languages. It’s free, every week, in your inbox. At the time, the company said its ultimate goal was to build LLMs for every EU language....

When it comes toprogramming languages, its often the newest that garner the most attention. It’s free, every week, in your inbox. Swift 6 eliminates these kinds of bugs by diagnosing them at compile time, Kremenek added. Projects such as the Swift compiler and key libraries will be hosted on the GitHub site. Looking for a new opportunity in tech? Also tagged with

Finally, Europe has regained independent access tospace. The continent reestablisheda sovereign launch capacityon Tuesday with the maiden flight of the Ariane 6 rocket. However, the mission didnt go entirely to plan. The rocket then soared into the cosmos with a payload of satellites and experiments. It’s free, every week, in your inbox. Ariane 6 then released the fight batch of cargo. But a problem struck before the final payloads could be delivered....

Founded in 2016, Textgrain is a spinoff from the University of Antwerp. It also focuses on the analysis of hate speech. It’s free, every week, in your inbox. Over the next 12 months, Textgrain will use the resources to build its own multilingual LLM. This will specialise in hate speech detection. Large language models, especially commercial ones, refuse to process toxic language. The timing might also work to Textgrains advantage....

In Formula One, races are often won by slimmer margins than the naked eye can see. Frequently, these moments arrive when the car comes to a halt. Instantly, a swarm of mechanics start changing tyres, making repairs, and adjusting configs. Within a few seconds, the vehicle is back in the race with a winning upgrade. At least, thats the objective. Good pit stops have been credited forbreathtaking victories. But bad ones have been blamedfor heartbreaking defeats....

It is no secret that video content has exploded on the internet over the past couple of years. And people are consuming them like never before. 40% off TNW Conference! That is up from about 2.7 billion in 2019. Story byLinnea Ahlgren Linnea is the senior editor at TNW, having joined in April 2023. Dabbles in gaming and fitness wearables. But first, coffee. Also tagged with