Europe

Will Uppington Contributor Will Uppington is the CEO and co-founder of TruEra. The European Commission announced first-of-its-kind legislation regulating the use of artificial intelligence in April. This unleashed criticism that the regulations could slow AI innovation, hamstringing Europe in its competition with the U.S. and China for leadership in AI. For example, Andrew McAfee wrote
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Berlin-based climate tech startup, ‘Made of Air‘, has closed a €5 million (~$5.8M) seed funding round, led by Norwegian sustainability-focused family fund, TD Veen. Also participating are Patrick Pichette (former CFO of Google & chairman of the Board of Twitter), EQT Group, Thomas Von Koch (CEO & cofounder of EQT Group), Tuesday Capital, the co-founders
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Audio social network Clubhouse, video sharing platform Vimeo and anti-ad fraud startup DoubleVerify are among a clutch of tech companies and organzations preparing to sign up to a beefed-up version of the European Union’s Code of Practice on Online Disinformation, the Commission said today. Back in May the EU’s executive said it would be strengthening
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“Every form of digital communications has its unique benefits, and delivering high quality at scale requires both extensive technical capabilities and deep subject matter expertise“, comments Oscar Werner, Sinch CEO, in a statement. “Together with Pathwire, we will be able to offer a best-of-breed product set, across messaging, voice and email, that empowers businesses and
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Datacenters are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands. In the latest development, a startup called Speedata, which is building a processor (fabless) to cover the specific area of big data
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Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, contents, and accident insurance geared to the lifestyles of younger
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Heydoc, a system for managing the medical data and admin tasks in medical practitioners, has closed a $8.3m Series A round led by Smedvig Capital with existing investors Hambro Perks, Triple Point Ventures and InHealth Ventures also participating. This brings the total amount raised to date by Heydoc to $12m.    Heydoc mainly operates in the UK but plans to expand internationally. It competes mostly with
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The UK’s competition watchdog has cleared Facebook’s acquisition of Kustomer, a maker of CRM tools. The purchase was announced last November — with a price-tag we reported as $1BN — but is pending closing after facing regulatory scrutiny. The UK’s Competition and Markets Authority (CMA) opened an inquiry on the proposed merger this summer, at
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The meteoric rise of collaborative design startup Canva — now valued at $40 billion — and conversely, the viral interest we’ve been seeing in the market for NFTs where you can “buy” a share of a limited-edition digital asset, are two examples of how the tech world today revolves around — and values — catchy
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The UK government has announced a national AI strategy — its first dedicated package aimed at boosting the country’s capabilities in and around machine learning technologies over the longer term. It says it hopes the strategy will lead to an increase in the number and types of AIs being developed and commercialized in the UK
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The UK published its first ever national AI strategy this week. The decade-long commitment by the government to levelling up domestic artificial intelligence capabilities — by directing resource and attention toward skills, talent, compute power and data access — has been broadly welcomed by the country’s tech ecosystem, as you’d expect. But there is a
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