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Business / TNW

Chip giant ASML plans Eindhoven expansion in big win for Dutch tech

In a major win for the Dutch tech industry, chip giant ASML intends to remain and further expand in the Netherlands. The chip machine manufacturer has signed a non-binding letter of intent with the City Council of Eindhoven, eyeing a potential expansion at the Brainport Industries Campus (BIC), west of the city. Located at Eindhovens Brainport region a major tech and innovation hub in Europe BIC is dedicated to the high-tech manufacturing industry. For ASML, BIC represents an interesting optio

23 Apr 2024 8:39 pm
3 carbon capture technologies youve probably never heard of

All of us will face the consequences of runaway climate change unless, maybe, youre living in one of Elon Musks new homes on Mars. But for the rest of us poor souls, tackling global heating is pretty much the top priority. The bad news is we are not on track to limit global temperatures rising to 1.5C to prevent the most catastrophic impacts of climate change. A new report has also revealed that temperatures in Europe are rising twice as fast as the rest of the world. Drastic cuts in emissions

22 Apr 2024 9:00 pm
UK mulls fresh controls on sensitive tech after China cyber attack claim

Britain is exploring new curbs on exporting and funding sensitive technologies amid growing tensions with China. Oliver Dowden, the UKs deputy prime minister, launched a review of the restrictions on Thursday. He warned that hostile states could use British funds and tech for military and intelligence projects that threaten national security. Our open economy is being targeted by state-based actors and their proxies, Dowden said in a speech at the Chatham House think tank in London. Across our i

19 Apr 2024 5:06 pm
In biggest-ever election year, tech platforms are wide open for voter manipulation

Under orders from the EU, tech giants have launched 11 advertising transparency tools. None of them are fit for purpose, according to a new study from Mozilla. The tools provide libraries of data about online adverts. By exploring the repositories, researchers can identify the funders and techniques behind the ads. At least, thats the idea. The libraries are obligatory under the EUs Digital Services Act (DSA), a law designed to safeguard online environments. By shining a light onad content and t

17 Apr 2024 7:46 pm
Climate tech heavyweights EQT, Contrarian launch investment playbook

More than 50 European VCs and startups have joined forces to launch Climate Brick a new community designed to fast-track investment in green technologies. Climate Brick launched today along with what its founders claim to be one of the most comprehensive climate tech studies ever conducted. The report, featuring interviews with 100 climate experts and 3,000 companies, offers a roadmap for climate tech startups looking to scale. We really needed a common vocabulary and playbook for climate tech,

16 Apr 2024 12:30 pm
Green transition at the centre of EU-China tech rivalry

With the geopolitical landscape turning more unstable by the day, EU relations with China are also becoming increasingly turbulent. At the core of the rising tensions lies the quest for tech supremacy as well as economic and national security. In a world powered by technology, those who lead are those who control the most critical technologies, and their supply chains, EUcompetition chief Margrethe Vestager said during a speech on Tuesday. With cleantech one of the critical technologies for the

10 Apr 2024 8:39 pm
Italy sets up 1B AI fund, mulls new penalties for the techs misuse

Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing 1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced the plan for a dedicated AI fund last month. The purpose of this mechanism is clearly to act as a multiplier and serve to attract further investment, Meloni said in a video message. CDPs venture capital arm will provide the capital, divided into three areas. Some 580mn will be invested in startups, while 300mn will

9 Apr 2024 9:24 pm
Ukraine launches defence tech accelerator amid sector-wide boom

Ukraine has launched a defence tech accelerator programme for new startups aiming to deliver innovative solutions for military applications. The Defence Builder Accelerator is a four-month-long training programme, which will provide full-cycle support for product development. This includes 100 hours of online lectures and eight 1:1 meetings with mentors. As part of the programme, startups will also receive introductions to investors and further fundraising assistance. In addition, they will get

9 Apr 2024 7:04 pm