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• Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse

  09-04-2024 17:54 via thenextweb.com
  
  Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month. “The purpose of this mechanism is clearly to act as a multiplier and serve to attract further investment,” Meloni said in a video message. CDP’s venture capital arm will provide the capital, divided into three areas. Some €580mn will be inve
  
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• Italy sets up €1B AI fund, mulling new penalties for the tech’s misuse

  09-04-2024 17:54 via thenextweb.com
  
  Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month. “The purpose of this mechanism is clearly to act as a multiplier and serve to attract further investment,” Meloni said in a video message. CDP’s venture capital arm will provide the capital, divided into three areas. Some €580mn will be inve
  
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• Autonomous vertical farming startup to grow crops in space in 2026

  09-04-2024 16:24 via thenextweb.com
  
  A vertical farming startup from the UK is taking its technology to new heights.   The UK Space Agency has awarded Vertical Future £1.5mn to build an autonomous farm in orbit. The high-tech veggie garden will be installed on the world’s first commercial space station.  Currently being constructed by US-based Axiom Space, the station is due to open its doors to eager astronauts in 2026. Space stations are an ideal testing ground for growing fruit, veggies, and even phar
  
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• Ukraine launches defence tech accelerator amid sector-wide boom

  09-04-2024 15:34 via thenextweb.com
  
  Ukraine has launched a defence tech accelerator programme for new startups aiming to deliver innovative solutions for military applications. The Defence Builder Accelerator is a four-month-long training programme, which will provide full-cycle support for product development. This includes 100 hours of online lectures and eight 1:1 meetings with mentors. As part of the programme, startups will also receive introductions to investors and further fundraising assistance. In addition, they will get
  
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• Finnish startup to launch ‘software-defined’ satellite with ESA

  09-04-2024 12:15 via thenextweb.com
  
  Helsinki-based startup ReOrbit is preparing for the first demonstration of its “software-enabled” satellite. This marks the next phase of the ESA’s UKKO programme, which works with ReOrbit to develop and test next-gen tech for Earth observation satellites. (Fun fact: Ukko is the god of the sky, weather, harvest, and thunder in Finnish mythology). ReOrbit’s first in-orbit demonstration satellite is scheduled for launch in the second quarter of 2025. It will be a crucial t
  
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• Finnish startup Basemark secures €22M to make driving safer with AR

  09-04-2024 09:00 via thenextweb.com
  
  Helsinki-headquartered Basemark has raised €22mn to bring its augmented reality (AR) “toolkit” to automakers across the globe. Basemark’s software, dubbed Rocksolid AR, is an AI-based computer vision system that enables carmakers to develop their own AR applications for Heads-up Displays (HUDs).  Car companies are embracing AR HUDs as a means of relaying important information to the driver. Instead of having to look down at a screen, HUDs project real-time driving gu
  
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• Do developers still need to learn programming languages in the age of AI?

  09-04-2024 08:36 via thenextweb.com
  
  If, as a software developer, you want to know what the most popular or best-paid programming languages are in the industry right now, there’s always a constant stream of surveys and reports to let you know. And career advice for developers will typically recommend that constant learning on the job is essential. But if AI can produce code from a few plain-speaking prompts, has learning programming languages become redundant? Certainly, Nvidia CEO Jensen Huang believes that future generatio
  
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