• The EU is getting its first ever commissioner for startups

    The EU is getting its first ever commissioner for startups
    Ekaterina Zaharieva has been nominated as the EU’s first ever commissioner for startups, the bloc’s chief Ursula von der Leyen announced today. Zaharieva served as Bulgaria’s deputy prime minister for judicial reform and foreign affairs between 2017 and 2021. She’s currently a member of the Bulgarian Parliament. Von der Leyen has now proposed Zaharieva as the designated commissioner for startups, research, and innovation. “We must put research and innovation,
  • Startups race to curb data centre energy use amid AI boom

    Startups race to curb data centre energy use amid AI boom
    Data centres gobble up roughly 2% of global electricity, which translates to around 1% of energy-related greenhouse gas emissions.   Streaming Netflix, storing stuff in the cloud, and meeting up on Zoom are just some of the online activities fuelling machines’ appetite for energy. But perhaps the biggest culprit of all is artificial intelligence.  AI models require immense amounts of computational power to train and run, particularly for machine learning and deep learning t
  • Flink raises $150M despite rapid grocery delivery sector slowdown

    Flink raises $150M despite rapid grocery delivery sector slowdown
    Flink, one of the few rapid grocery delivery startups left operating in Europe, has secured $150mn to grow its business in Germany and the Netherlands. The funding comprises $115 million in equity and $35 million in debt, with backing from both new and existing investors, including BOND, Northzone, and supermarket chain REWE. This reportedly brings the company’s valuation to nearly $1bn. With the fresh capital, Flink plans to “expand [its] footprint, improve operational efficiency,
  • Apian and Alphabet’s Wing to fly NHS blood samples by drone in London first

    Apian and Alphabet’s Wing to fly NHS blood samples by drone in London first
    In a first for London, electric drones will soon fly urgent blood samples between Guy’s and St Thoma’s hospitals in the centre of the city. The upcoming flights are part of a joint pilot between the NHS, healthcare logistics startup Apian, and drone manufacturer Wing, a subsidiary of Alphabet, spun out from the company’s moonshot factory X. The aim is to improve patient care by accelerating turnaround delivery times. Currently, blood sample transport relies on van and motorbik
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