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Fact-checking startup targets AI hallucinations after raising 1M

A fact-checking startup has accelerated plans to banish AI hallucinations after securing 1mn in funding. Norway-based Factiverse uses machine learning to verify content generated by artificial intelligence. The companys tools automatically detect inaccurate outputs. These errors now frequently cause controversy. A New York lawyer, for instance, hadto apologise for using bogus court citations sourced from ChatGPT. CNET needed to correct 41 of the 77 stories that the news outlet had written with a

20 Jun 2024 4:05 pm
UK cybersecurity startup PQShield raises $37M for post-quantum cryptography

Leading post-quantum cryptography (PQC) startup PQShield today announced a Series B raise of $37mn. This comes as organisations and businesses hasten to get quantum-ready, ahead of the first PQC standards being released in a few weeks time. While todays NISQ era quantum computers are not a danger to traditional means of encryption, future machines have been identified by among others the NSA as a threat to cybersecurity. Once they become powerful enough, quantum computers could break most crypto

20 Jun 2024 12:30 pm
What to expect at TNW Conference 2024

TNW Conference 2024 is finally here! As we here at The Next Web attend many conferences throughout the year (although few are as much fun and inspiring as our own, if we may say so ourselves ), we know that they can sometimes feel a little overwhelming with everything that is going on. Thats why we have put together this handy overview of what to expect and we cant wait to see you there! Time flies TNW turns 18! This year, TNW Conference turns 18. What started as an idea for a few tech-interes

20 Jun 2024 2:32 am
How to get the most out of TNW Conference 2024

If youve already secured your ticket for TNW Conference 2024 taking place June 20 21 in Amsterdam, you probably already have your eye on several fascinating talks set to take place (if not, get some inspiration from our team here, here, and here). But theres a lot more you can and should take advantage of while youre there. Here are a few things not to be missed: Secure a spot on one of our new TNW Tech Tours & Industry Meet-ups This year, were introducing a new TNW Tech Tours & Industry Meet-u

19 Jun 2024 7:14 pm
Circular revamps the worlds thinnest smart ring as the wearables market heats up

Fitness and health tracking startup Circular today announced a host of new features including hardware upgrades for the latest version of its smart ring the thinnest in the world. The upgrades arrive amid an escalating battle between smart ring manufacturers. While your FitBit and your Garmin and your Whoop bracelet wearables may all be easily distinguishable, youd be forgiven for not immediately being able to tell the difference between the hardware of an Oura, Superhuman, or a RingConn from a

19 Jun 2024 6:27 pm
Eye-tracking VR system helps children stay still during MRI scans

A new VR system that uses eye-tracking technology can calm children while they undergoMagnetic Resonance Imaging (MRI) scanning. Developed by researchers at Kings College London, the method aims to mitigate childrens tendency to move during MRI scans. by engaging them in immersive virtual reality experiences. Compared to adults, children are less likely to remain still inside the scanner, often negatively influenced by the large size of the machine and the loud noises. As movement can disrupt th

19 Jun 2024 6:21 pm
BBC invests in 3D streaming startup behind broadcasters immersive live gigs

The BBC has invested 500,000 in a virtual events startup creating immersive gigs for the broadcaster. The UK-based Condense bills itself as the first company in the world to provide live streams of 3D videos in virtual spaces. Quietly, the startup recently began delivering these experiences to BBC audiences. Last month, Condense powered the BBCs first-ever live virtual concert. Singer Sam Tompkins took the digital stage for the milestone. The BBC today revealed the partnerships next moves. At th

19 Jun 2024 4:31 am
Why we need education-specific small language AI models

This article features an interview with Dan Rosensweig, who is speaking at TNW Conference on June 20. Check out the full event schedule here. Artificial intelligence has the potential to transform education for the better. But when ChatGPT launched in 2022, it caused schools and academia alike to panic. The AI model, able to reply to any question and write any text, was quickly denounced as a cheating-enabling tool and one that undermined learning. Fast-forward to 2024, panic has ceased and the

17 Jun 2024 10:29 pm
TNW Conference 2024: Bringing fallen ebike superstar VanMoof back to life

As we count down to TNW conference in Amsterdam on June 20 and 21, were profiling some of the sessions were most amped about. As a cycling fanatic, Im eagerly anticipating my conversation with Eliott Wertheimer, who joined VanMoof as co-CEO last year to rejuvenate the struggling ebike brand. VanMoof filed for bankruptcy last year, leaving tens of thousands of riders stranded. Despite being one of the most heavily funded ebike startups in the world, VanMoof had been making major losses on its ebi

14 Jun 2024 12:34 pm
European telecoms leading the way in quantum tech adoption, report finds

Say quantum technologies and most people probably still imagine something decades into the future. But, as a new report released today demonstrates, quantum is already here especially as it relates to the telecom industry. After years of incremental progress confined to research institutions, the emerging quantum technology sector has begun to gather commercial momentum. While most of the developments have been related to the quantum computing domain and its future promises, there are many othe

12 Jun 2024 3:28 pm
Amsterdam suspends shared cargo ebike service Cargoroo over failed questionnaire

Amsterdam has refused to grant Cargoroo a new license to operate its shared cargo ebike rental service in the Dutch capital. Instead, it has handed over exclusive operating rights to BAQME, an upstart rival from Rotterdam. The City first announced the decision in January. However, Cargoroo launched an appeal, which officials rejected last week. Cargoroos existing license which allowed it to run a fleet of 110 cargo ebikes in Amsterdam comes to an end on June 16th. The startup has until the end

12 Jun 2024 2:28 pm
German VC unveils record-breaking 214M early-stage fund for deep tech

We know from reports earlier this year that VC investment is once more on the rise for European startups. And the wave of optimism seems to be continuing at least for the continents deep tech sector. Munichs Vsquared Ventures today announced the closing of a new 214mn fund for early-stage investment in deep tech startups. It is reportedly the largest ever early-stage fund for the sector in Europe. The VC firm will divide its second fund between 25 deep tech companies across all of Europe, handi

11 Jun 2024 10:27 pm
French AI darling Mistral reportedly almost triples valuation to 5.8B

Frances (and Europes) GenAI darling Mistral has reportedly almost tripled its valuation, reaching 5.8bn. First reportedby Sifted and later confirmed by the Financial Times, the Paris-based startup has raised a 468mn equity funding round, led by DST global and existing investor General Catalyst. An additional 132mn in debt financing brings the total funding to 600mn. Mistral launched just a little over a year ago, but it has risen to prominence at an impressive rate. Its open-source and optimised

11 Jun 2024 6:07 pm
UK startup uses AI to discover new rare earth-free magnet for EVs

A UK startup has used an AI algorithm to identify a previously unknown kind of rare-earth free magnet, in a potential breakthrough for how we discover and create new materials. Materials Nexus, headquartered in London, used its machine learning algorithm to identify and analyse over 100 million combinations of materials that could produce a viable rare-earth free magnet. The winning formula is what the startup calls MagNex. Its a permanent magnet free of rare earths like dysprosium and neodymium

11 Jun 2024 4:30 pm
Everything you need to know about Finch, the latest programming language developed by MIT

In May, a research team from MIT announced a new programming language. Finch, its creators say, is a simple bytecode interpreted, purely object-oriented, prototype-based, dynamically-typed programming language. Not to be confused with the Swedish fintech of the same name, this is a language that has been inspired by Smalltalk, Self, and Javascript. In particular, Finch simplifies the creation of concurrent and parallel programs, emphasising lightweight processes and message passing, similar to l

11 Jun 2024 2:34 pm
Dutch home-building platform lands 1.1M to help solve housing crisis

Just last month, the Guardian described the housing crisis in Amsterdam as next level. And things are not much better across Europe as a whole. Prices and rents are soaring across the continent, and the lack of availability is staggering. A Dutch startup wants to change that at least for those willing to embark on the journey of building their own green home and has just received 1.1mn in pre-seed funding to help it along the way. Haaven is a digital platform that connects customers to builder

11 Jun 2024 12:30 pm
EU launches AI-powered digital twin of the Earth

The European Commission today launched the first version of Destination Earth (DestinE), an AI-powered simulator that looks to improve the accuracy of climate predictions. The first version of DestinE includes two models: one for extreme weather events and another for climate change adaptation. These models will monitor, simulate, and predict the Earths climate in great detail. DestinE means that we can observe environmental challenges which can help us predict future scenarios like we have nev

10 Jun 2024 6:55 pm
TNW Conference 2024: Welcome to the electric future of race cars and road vehicles

As we count down toTNW conferencein Amsterdam on June 20 and 21, were previewing the sessions that were most excited about. One of my must-see talks mixes two of my great passions: sports and technology. Bringing them together is Antnio Flix da Costa, a world champion of Formula E the electric cousin of the petrol-powered Formula 1. Da Costa is driving into the event for two special talks on Friday. First up is a keynote that will give an exclusive peek under the hood of high-tech race cars. Ex

10 Jun 2024 4:58 pm
NATO funds German startup building autonomous war robots

NATOs Innovation Fund (NIF) has led a 9mn seed investment into German startup ARX Robotics, which builds unmanned ground robots for the battlefield. The startups war bots look like small tanks but without guns. The vehicles drive around on treads, and can be fitted with equipment like radar, mine-sweeping devices, or medical stretchers. ARX sells four different machines. The largest carries military payloads weighing up to 500 kg including injured soldiers across the battlefield. Another mode

10 Jun 2024 3:56 pm
World Ocean Day: Meet 3 tech startups protecting our seas

The ocean covers over 70% of our planet. It regulates the global climate, is home to 80% of life on Earth, acts as a carbon sink, and supports the livelihoods of billions of people. As an avid swimmer and surfer I also think the ocean is simply bloody magnificent. However, the worlds oceans face unprecedented threats from pollution, overfishing, and climate change. This is undermining the health of an ecosystem that supports all life on Earth. In this era of rapid technological advancement, inno

8 Jun 2024 11:30 am
TNW Conference 2024: Philosophical debate for AI ethics

This years edition of TNW Conference is right around the corner along with summer, we hope. We have a spectacular line-up of speakers and we cannot wait to share the special atmosphere that sets TNW apart from other tech conferences out there with you. Leading up to the event, the editorial team will be sharing some of their highlights and what not to miss from the TNW flagship conference taking place in Amsterdam on 20 and 21 of June. We hope you are as excited as we are and cannot wait to see

7 Jun 2024 10:45 pm
Mandatory ID for social media would solve some problems but create a lot more

Social media is central in many of our lives, but few would say thats a good thing. Despite its initial promise, swathes of Europeans feel the technology has had a negative impact on society. While it promised to bring us together, the opposite has happened. Just look at any event from the past few years; whether its the war in Ukraine, countries swinging towards populism, or digital election manipulation, it appears social media has taken bad situations and made them worse. The strange thing is

7 Jun 2024 6:34 pm
19-year-old founder brings on-demand car services to Tesla, VW, Mercedes owners

Cars are great until they break down, or need a service, or a roadworthy test. Then owning one can be a bit of a headache. Ricard Guillem knows this all too well. The 19-year-old from Barcelona grew up in a family of auto dealers and servicers. Guillem who was born with a phone in my hand, as he puts it felt that the family business was, for lack of a better word, outdated. So many sectors have been disrupted by technology Netflix with movies, Uber with taxis, Deliveroo with food delivery. B

6 Jun 2024 8:49 pm
Europe set to outspend US on clean energy in 2024, but China dwarfing rivals

Europe is set to outspend the US on clean energy this year but neither will come close to Chinas investments. Thats according to new research from the International Energy Agency (IEA). It estimates that cleanenergy tech funding will hit $2 trillion in 2024 nearly double the figure for fossil fuels. The biggest magnets for the cash include renewables, electric vehicles, and nuclear power. Yet not every region is splashing the cash lavishly. China has emerged as the runaway leader. The country

6 Jun 2024 8:16 pm
Meta hit by EU complaint over undefined AI tech using personal data

A powerful privacy group has filed complaints in 11 EU countries about Metas plans to train AI models on personal data without requesting consent from users. NOYB (none of your business) took the legal action over proposed changes to Metas privacy policy, which are due to take effect on June 26. The update would permit Meta to funnel years of personal posts, private images, or online tracking data into an undefined AI technology, NYOB said. The Vienna-based group warned that the Facebook owner

6 Jun 2024 3:05 pm
Dutch chip giant NXP plans $7.8B plant in Singapore amid tensions with China

Dutch semiconductor company NXP has teamed up with TSMC-backed Vanguard International Semiconductor (VIS) to build a $7.8bn (7.2bn) chipmaking plant in Singapore. The new factory will make 300mm silicon wafers for 130-nanometre to 40-nanometre chips, which powerapplications in the industrial, automotive, consumer, and mobile markets. These chips are less advanced than those TSMC itself manufactures in Taiwan. But the 300mn wafer capability marks a first for VIS, which currently fabricates 200mm

5 Jun 2024 4:58 pm
Europes unprecedented space crisis to end on July 9 with Ariane 6 launch

Europes space sector is set to end an unprecedented crisis on July 9 when the Ariane 6 satellite launcher flies for the first time. The journey would finally restore the continents independent access to space, which ended last July with the retirement of Ariane 5. Ariane 6 is the launchers chosen successor. The European Space Agency (ESA) commissioned the vehicle to increase launch capacity, but constant delays beset the plans have been beset by painful delays. The first flight is now four years

5 Jun 2024 3:43 pm
TNW Podcast: Henrik Green on autonomous trucks; minerals from Australia and the new AI Office

Welcome to the new episode of the TNW Podcast the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In todays episode, Ioanna and Andrii talk about critical minerals from Australia, the new AI Office, asteroids on Mars, a washing machine chime dispute, and more. The guest of the show is Henrik Green, General Manager Autonomous Technology at Einride, a self-driving truck scale-up ba

5 Jun 2024 2:14 pm
Teledriving startup Vay plans to bring remote-controlled cars to Belgium this year

Last week I rented a vehicle through one of the many popular car-sharing platforms. The whole process went pretty smoothly and I didnt crash, which is always a good thing. But the one inconvenient aspect was drop off and collection. I had to cycle 10 minutes to the nearest available vehicle, store my bike somewhere safe, and then drive the car back home. When I was done with the vehicle I had to return it to one of the designated parking locations always wary that the longer it takes to get the

5 Jun 2024 1:07 pm
Sports tech startup targets 100% AI automation in streaming and analytics

A Swedish startup plans to bring automated sports streaming to the masses after raising $20mn to enhance its AI camera system. The Malm-based Spiideo produces a suite of tools for broadcasting and data analytics. Attheir core is an AI modelthat mimics professional camera operators. Weve trained it specifically for the 15 sports we support to properly capture the nuances of each one, Patrik Olsson, Spiideos co-founder and CEO, told TNW. The finished model guides the movements of panoramic cameras

5 Jun 2024 11:30 am