International technology news, business & culture
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Finnish startup gets full funding for world-first fungal protein factory

Finnish scale-up Enifer is set to build a world-first fungal protein factory after securing full funding for the €33mn site. The futuristic plant will convert food industry sidestreams into an ingredient called Pekilo. Invented in the 1970s, Pekilo was the world’s first commercial mycoprotein — a food source derived from natural fungus.  With a low...

Thu May 23, 2024 08:56
AI translation unicorn DeepL reaches $2B valuation with new $300M investment

DeepL, the Cologne-based unicorn that has been rivalling machine translation giants such as Google Translate, today announced a new investment of $300mn (€277mn), reaching a $2bn valuation. Born from online dictionary Linguee, the startup was founded in 2017 by Jarek Kutylowski, who’s also serving as the company’s CEO. DeepL offers free and premium...

Wed May 22, 2024 18:48
New global AI safety commitments echo EU’s risk-based approach

It’s been a busy week for AI policymakers. The EU has sealed the deal on its AI Act. Meanwhile, in Seoul, South Korea, 16 world-leading companies have signed the “Frontier AI Safety Commitments,” and a group of countries have promised to work together on mitigating risks associated with the technology.  To say that the past year was the one when the...

Wed May 22, 2024 18:37
ESA enlists European duo to build space cargo return services

The European Space Agency (ESA) has enlisted two companies to develop cargo shuttle vehicles for low Earth orbit. ESA awarded the new contracts to the Exploration Company in Germany and Thales Alenia Space in Italy. The services are due to deliver supplies to the International Space Station (ISS). Once the ISS is retired in 2030, they could also send...

Wed May 22, 2024 18:11
Chip wars: ASML could reportedly brick its machines in Taiwan if China invades

Chip machine-maker ASML reportedly has the power to remotely disable its equipment in TSMC’s fabs, should China invade Taiwan. TSMC is the biggest client of ASML’s EUV lithography systems, which use extreme ultraviolet (EUV) wavelengths to manufacture the highest grade of semiconductors. These chips enable a wide range of use cases, from smart tech...

Wed May 22, 2024 17:34
Creating an inclusion blueprint for lasting impact

In today’s deeply divided world, where a spirit of isolationism and separation seeks to undermine the ideal of community and unity, those of us who understand that purposeful inclusion — rather than performative diversity programmes — is the alchemist’s stone must be clearer. Inclusion is simple, but it is not easy. There is ample evidence to suggest...

Wed May 22, 2024 14:56

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