Web design news

Google will outpace Microsoft in AI investment, DeepMind CEO says

16-04-2024 18:30 via thenextweb.com

We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public. But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014 for a reported £400mn to £650mn. Speaki

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Dutch deep tech fund for photonics startups reaches €75M after second close

16-04-2024 18:02 via thenextweb.com

PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with over €15mn — bringing its total capital to €75mn. The fund targets startups and scaleups developing solutions with photonic chips for a wide range of applications: from data transmission and health diagnostics to smart sensors, AI, AR, and VR. PhotonVentures will initially invest in 20 early-stage companies with international growth potential. It

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Dutch cultivated meat startup secures €40M for ‘world’s kindest burger’

16-04-2024 14:22 via thenextweb.com

In 2013, Dutch scientist Mark Post unveiled the world’s first cultivated meat burger on live television — taking lab-grown meat from the realm of science fiction to science fact. Post ended up turning his invention into a startup called Mosa Meat. The new venture promised to bring the “world’s kindest burger” to supermarket shelves. Today, Mosa Meat announced it has secured another €40mn — just two months after closing a $85mn Series B fundin

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French software firm launches biggest IPO on EU stock exchange in 3 years

16-04-2024 13:49 via thenextweb.com

French SaaS company Planisware launched its initial public offering (IPO) today, reaching a valuation of €1.11bn. This is the largest IPO on the Euronext Paris stock exchange in the past three years. Planisware was founded in 1996 by Yves Humblot, Pierre Demonsant, Matthieu Delille, and François Pelissolo. Planisware provides software for enterprise project portfolio management. It counts over 500 blue-chip clients across the globe, including PepsiCo and Pfizer, and employs cir

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Climate tech heavyweights EQT, Contrarian launch investment ‘playbook’

16-04-2024 09:00 via thenextweb.com

More than 50 European VCs and startups have joined forces to launch Climate Brick — a new community designed to fast-track investment in green technologies. Climate Brick launched today along with what its founders claim to be one of the most comprehensive climate tech studies ever conducted. The report, featuring interviews with 100 climate experts and 3,000 companies, offers a roadmap for climate tech startups looking to scale. “We really needed a common vocabulary and

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