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Hardware / TNW

Bottoms up: This German beer is made from recycled wastewater

Reuse Brew is a classic German lager with a twist its made from recycled wastewater. The beer is the result of a tie-up between the south German city of Weissenburg, American water tech company Xylem, and the Technical University of Munich (TUM). Specifically, TUMs Brewery and Beverage Technology department (why didnt I study there?!). While the idea of a sewage brew might be hard to swallow, Xylem ensures us that all the bad stuff is filtered out before the malt, hops, and yeast are added. Fir

7 May 2024 8:11 pm
German chip giant lowers 2024 forecast as electronics slowdown bites

Infineon, one of the biggest chip makers in Europe, has lowered its revenue outlook for the year, citing weak demand from its major target markets. The German company is now expecting a revenue of 15.1bn, plus or minus 400mn. Thats down from the previous forecast of 16bn, plus or minus 500mn. In the second quarter of 2024, Infineon saw a 2% drop in revenue compared to the previous quarter, generating 3.36bn. The decline stands, however, at 12% year-on-year. Revenue in the first quarter of 2024 a

7 May 2024 6:25 pm
UKs Wayve raises $1B in Europes largest ever AI funding round

Wayve, a London-based startup working on AI systems for autonomous vehicles, has raised $1bn. The colossal funding round marks the largest single investment in a European AI startup. Japanese conglomerate SoftBank led the funding round alongside tech giants Nvidia and Microsoft. Wayve did not disclose its valuation following the investment. Founded in Cambridge in 2017, Wayve is developing so-called embodied AI systems for self-driving cars. Unlike pure software AI like ChatGPT, embodied AI serv

7 May 2024 4:32 pm
Swiss startup to advance collaborative robots with GenAI humanoid hand

The power of generative AI has further ignited the race for advanced humanoid robots, promising more capable machines that can learn and deal with unknown environments and challenges. Amid increasing competition across the globe, Switzerland-based mimic is also throwing its hat in the ring. The startup has raised a pre-seed round of $2.5mn (2.3mn) to bring the first GenAI-poweredcollaborative robot to market. A spinoff from ETH Zurich, mimic was founded in 2024 by a team of three researchers wor

7 May 2024 11:30 am
Swedish startup wins EU funding to print organic indoor solar panels

The EU has granted 3.3mn to a consortium led by Swedish startup Epishine. The groups mission is to boost the development of organic solar panels. In this case, organic refers to solar panels that are carbon-based. Instead of using silicon to conduct electricity, these solar panels utilise organic molecules. Organic solar cells are very lightweight, cheap, semi-transparent, printable, and flexible. They can also convert indoor light into electricity. That can be from sunlight streaming in through

6 May 2024 8:41 pm
Humanity faces two existential crises the climate crisis and AI. Can one help solve the other?

As I write this, two contrasting regulations on the development of artificial intelligence namely generative AI are making their way through the European and British parliaments. The British approach is very simple looking to ensure AI companies fit into existing laws governing technology companies. In contrast, the EU approach, as White & Case analysis describes, is an entirely new piece of legislation, and is risk-based looking to counter the most serious risks that come with developing mo

6 May 2024 7:57 pm
This startup is using protein powder to beef up carbon capture

A British startup has devised a way to speed-up enhanced rock weathering using protein powder in a potential step forward for the budding carbon capture industry. Enhanced rock weathering (ERW) involves spreading silicate rock dust on fields to capture carbon. When it rains, the dust reacts with the CO2 in the droplets, permanently storing it in the rocks as carbonate (think chalk or baking soda). This relatively simple technology has taken off in recent years, attracting funding from the likes

6 May 2024 5:21 pm