• Meta AI chief: ‘Inferiority complex’ is stunting European tech

    Meta AI chief: ‘Inferiority complex’ is stunting European tech
    Europe’s not lacking talent — it’s lacking confidence. That’s the verdict from Meta’s chief AI scientist Yann LeCun, who says an “inferiority complex” among European media and investors is holding back the continent’s tech industry. “The main reason why the European tech industry is small is a mistaken assumption of technological inferiority on the part of the European media,” wrote LeCun in an X post.  “Perhaps more importa
  • US shoplifting ‘epidemic’ sparks demand for French AI cameras

    US shoplifting ‘epidemic’ sparks demand for French AI cameras
    Paris-based AI startup Veesion has secured €38mn to fuel expansion to the US — where it looks to help cure the country’s shoplifting “epidemic.” Veesion’s AI-based computer vision software is trained to spot gestures in security camera feeds, such as a shopper putting an item in their pocket. If it sees something suspicious, the AI pings the store owner or security guard via an app, where it displays a recording of the activity. The user then makes the final j
  • TNW Backstage dives into the mind-bending world of brain-computer interfaces

    TNW Backstage dives into the mind-bending world of brain-computer interfaces
    TNW Backstage returns this week to explore one of tech’s most fascinating frontiers: brain-computer interfaces (BCIs). The capabilities of these neural devices are rapidly expanding. They’ve been implanted in skulls and worn as headbands. They’ve measured focus, treated Parkinson’s disease, and enabled paralysed people to control computers with their minds. A range of research labs and tech firms are developing BCIs. Yet the spotlight has been dominated by one company: E
  • Belgian AI startup says it can automate 80% of work at ‘expert firms’

    Belgian AI startup says it can automate 80% of work at ‘expert firms’
    Belgium-based Ravical has secured €7.3mn in pre-seed funding to bring AI agents to professional services firms in tax, legal, accounting, and insurance.  Joris Van Der Gucht, Ravical’s CEO and co-founder, said the “virtual employees” could do 80% of the work in these firms.   “Ravical’s agents take on the repetitive, time-consuming tasks that slow experts down,” he told TNW, citing examples such as retrieving data from internal systems, ch
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