Until now, generative AI has been akin to fairy dust — just sprinkle it in your pitch, and investors are all too ready to open their wallets wide. This is changing. Q4 of 2023 saw a 55.3% decline in AI funding compared to Q1, mirrored by fewer deals. Ex
Following successful consumer trials in Trondheim, Aviant is launching the world’s longest-distance home delivery service by autonomous drones in Lillehammer, Norway. Starting today, residents of the town will be able to receive deliveries of groceries, medi
In 1965, cryogenics pioneer Olli V. Lounasmaa set up the Low Temperature Laboratory (LTL) at what is now Aalto University to research ultra-low temperature physics. Despite some initial scepticism because “why would anyone w
A satellite will hurtle down to Earth this week and no one knows quite when or where it’s going to land — but there’s no need to worry. In the space sector, this is standard operating procedure. The satellite in question is the European Space Agency’s ERS-2.
The European Union is set to fine Apple €500mn for allegedly elbowing out competitors to its music streaming business, the Financial Times reported on Sunday, citing unmanned sources familiar with the matter. EU officials first started investigating
With the flip of a switch, the snowmobile springs to life. The batteries beneath my seat engage, and launch me at lightning speed through the fresh white powder ahead. Soon I am gliding across a frozen lake in Swedish Lapland like a speedboat on
The digital advertising landscape in Europe is undergoing a significant transformation, driven by antitrust cases against tech giants, new regulations like the Digital Services Act and Digital Markets Act, and the
AI might be ready to disrupt how businesses operate, but businesess aren’t ready for the AI transformation. According to Cisco’s AI Readiness Index for 2023, only 14% of businesses across the globe are prepared to leverage and deploy artificial intelligence.
How are your New Year’s resolutions coming along? As we conclude the first weeks of 2024, chances are that the fresh-start effect has begun to wane. When it comes to succeeding in what we set out to achieve and the hab
Tags on chips and a global registry of their locations can reduce the risks of AI espionage by hostile nations, experts say. The proposals were made in a new report on AI safety, which calls for a stronger regulation of hardware. Three Cambridge University inst