• Revolut founder shares 7 tips for building high-performance startups

    Revolut founder shares 7 tips for building high-performance startups
    Nik Storonsky founded Revolut in 2015, gradually engaging consumers with the world of neobanks. Despite ups and downs throughout its journey, last month the startup became Europe’s most valuable private tech company reaching a valuation of $45bn. Storonsky is also among the European founders who have set up funds for other startups. In 2022, he launched VC firm QuantumLight, which focuses on AI-driven investments. QuantumLight has published today a playbook with step-by-step guidelin
  • EU must close innovation gap to overcome ‘existential challenge’, warns Draghi

    EU must close innovation gap to overcome ‘existential challenge’, warns Draghi
    Mario Draghi has sounded the alarm about the EU’s competitiveness — and future — as it is again failing to translate ideas and ambition into technological innovation. In a report commissioned by the bloc’s chief Ursula von der Leyen, Draghi stressed that a pronounced growth slowdown has widened the GDP gap between the Union and the US. This slowdown is closely linked to sluggish tech development. “Europe largely missed out on the digital revolution led by the inter
  • Microsoft, Quantinuum combine HPC, AI, quantum to solve real-world chemistry problem

    Microsoft, Quantinuum combine HPC, AI, quantum to solve real-world chemistry problem
    Tech giant Microsoft and leading quantum computer developer Quantinuum have hit two more significant markers on the path towards scientific quantum advantage. They have successfully created 12 highly reliable logical qubits and demonstrated a hybrid end-to-end chemistry simulation, utilising a combination of HPC, AI, and quantum. The logical qubit breakthrough was achieved on Quantinuum’s H2 trapped-ion 56 physical qubit quantum computer using Microsoft’s Azure Quantum’s qubit
  • Could new programming language Mojo spark your career in AI and ML?

    Could new programming language Mojo spark your career in AI and ML?
    If you’ve lost your motivation—or as some would say, your mojo—as a software developer, it’s likely because it hasn’t been the most fun time to be in the industry with layoffs rocking teams and worker morale since mid-2022. Given this context, it isn’t too surprising that Stack Overflow’s most recent Developer Survey found that less than a third (32.1%) of professional developers are happy with their current job. Common frustrations include technical de
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  • EU brings Apple, Google to heel in €15.4B courtroom double-whammy

    EU brings Apple, Google to heel in €15.4B courtroom double-whammy
    In two separate cases today, the EU’s Court of Justice ruled in favour of back taxes and fines against Apple and Google totalling €15.4bn, a major victory in the bloc’s ongoing battle with big tech.   In the first ruling, the EU’s highest court has ordered Apple to pay Ireland €13.1bn in back taxes, bringing an end to the biggest tax dispute in history.  The EU Court of Justice’s judgement backs the European Commission, which accused Apple of ben
  • How your startup can prepare to win at the ‘Olympics of consumer technology’

    How your startup can prepare to win at the ‘Olympics of consumer technology’
    Every January, startups, Fortune 500 companies, investors, gadget geeks, and media from across the globe flock to Las Vegas to discover the next big trends in technology. In 2024, CES welcomed 135,000 attendees, 40% of whom came from 150 different countries. With major media outlets keeping their eyes and ears on the show floor, CES has enabled some newbie entrepreneurs to sweep up thousands of pieces of press coverage and some lucrative new deals from buyers, all in just four days. After strug
  • Cambridge startup analyses ‘multi-omics’ data to discover new heart drugs

    Cambridge startup analyses ‘multi-omics’ data to discover new heart drugs
    Cambridge-based CardiaTec has raised $6.5mn to accelerate drug discovery for cardiovascular diseases, such as heart attacks and strokes. Cardiovascular diseases are the leading cause of death globally, claiming the lives of 17.9 million people each year. Yet our knowledge of their underlying biology is still limited, hindering the effectiveness of clinical trials and drug solutions. CardiaTec aims to address this knowledge gap with a drug discovery platform that leverages AI to analyse human ti
  • The UK could be home to ‘quantum Nvidia’, says algorithm startup

    The UK could be home to ‘quantum Nvidia’, says algorithm startup
    The governmental deep tech funding landscape in the UK has been in a bit of a turmoil over the past few months. Funds have been promised by one government and then whisked away by another in the space of less than a year. While the UK government recently announced £100mn in support for five “quantum hubs,” the country’s quantum sector is concerned over the level of funding security — and how increasingly risk-averse regulation could stifle international cooperation
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  • The UK could be home to a ‘quantum Nvidia’, says algorithm startup

    The UK could be home to a ‘quantum Nvidia’, says algorithm startup
    The governmental deep tech funding landscape in the UK has been in a bit of a turmoil over the past few months. Funds have been promised by one government and then whisked away by another in the space of less than a year. While the UK government recently announced £100mn in support for five “quantum hubs,” the country’s quantum sector is concerned over the level of funding security — and how increasingly risk-averse regulation could stifle international cooperation

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