AI model Poro sets new milestones for multilingual LLMs in Europe


Helsinki-based Silo AI has completed the training of the Poro model — a new milestone in its mission to create large language models (LLMs) for low-resource languages. Named after the Finnish word for “reindeer,” Poro is the first of a family of open-source

TNW Podcast: Gerard Grech on startups, governments, and academia


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 today’s episode, Andrii and Linnea talk

IBM: Europe was the world’s most targeted region for cyberattacks in 2023


Cyberattacks hit Europe more than any other region in 2023, according to new research from IBM. The continent accounted for a whopping 32% of incidents analysed by the tech giant. That pushes it past last year’s biggest target, Asia-Pacific, which drops from

Cybercrime hunters disrupt ‘most active ransomware group ever’


LockBit, one of the world’s most infamous cybercrime gangs, has been disrupted by the UK’s National Crime Agency (NCA) and international law enforcement agencies including Europol and the FBI. The gang is known for holding victims’ data to ransom and providing

UK offers £15M to space tech projects for commercial astronaut mission


The UK Space Agency has opened two funding calls for tech and science projects to fly onboard a prospective, commercially-sponsored mission. The calls are in preparation of an agreement between the UK and Axiom Space, a US company that organises visits to th

Turning AI frenzy into fundraising strategy: How startups can win the 2024 investment race


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

Autonomous drone home delivery service launches in Norway


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

Inside Finland’s state-of-the-art quantum computing hardware ecosystem


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

Why no one knows quite when a descending satellite will hit Earth this week


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.

EU to fine Apple €500M amid big tech smackdown


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


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