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Klarna slashes $10 million annually in marketing costs, here’s their secret

Fintech firm Klarna, one of the early adopters of generative AI (GenAI), said on Tuesday it is using AI for purposes such as running marketing campaigns and generating images, saving about $10 million in costs annually.

The company has cut its sales and marketin

Common image search results are overwhelmingly white, a new study finds

Search engines are undergoing significant changes of late, with many users particularly worried that generative AI could introduce new biases into the results page.

But a new study by researchers at Northeastern and Stanford suggests search was far from perfect in the first place—at least, when it comes to image results.

The Traffic Impact Of AI Overviews via @sejournal, @Kevin_Indig

A recent analysis explores the impact of AI Overviews on organic traffic, highlighting potential shifts in ranking strategies.

The post The Traffic Impact Of AI Overviews appeared first on Search Engine Journal.

https://www.searchenginejournal.com/the-traffic-impact-of-ai-overviews/517599/

Redefining digital security: 10 European startups driving cybersecurity innovation

The realm of cybersecurity is continuously evolving, driven by rapid technological advancements and the ever-increasing sophistication of cyber threats. The dynamic nature of the cyber threat landscape requires constant innovation and vigilance, making cybersecurity a top priority for governments, businesses, and individuals worldwide. Across Europe, innovative startups are leading this transformation, introducing cutting-edge solutions that […]

The post

EU, Australia strike critical minerals supply deal amid tech rivalry with China


As the West strives to reduce its reliance on China, the EU and Australia have struck a deal to co-build a supply chain of critical minerals, which are an essential to both the green and digital transitions. The Memorandum of Understanding between the two will

We asked 6 chatbots about the 2024 election. Here’s what they said

Despite ample evidence to the contrary, about one-third of U.S. voters still believe the 2020 election was rigged in favor of President Joe Biden. That’s a troubling figure, particularly as the 2024 rematch between Biden and Donald Trump

Why Rust is emerging as developers’ favourite programming language


While programming languages like JavaScript, HTML/CSS, and Python remain the most commonly used languages among developers, some interesting trends have emerged over the last few years. Stack Overflow’s 2023 Annual Developer Survey found that, although Rust is in

How to back up and clean up your untidy phone contact list

This story first appeared in Advisorator, Jared’s weekly tech advice newsletter. Sign up for Jared’s Sign up to get free tech tips every Tuesday.

What happens to your contacts if you lose your phone or switch SIM cards?

Ideally, the answer should be “nothing.” If you’re properly backing up your contacts, your phone’s SIM card shoul

AI washing is real. This is how to see through deceptive claims

Effective use of AI technologies is this decade’s golden opportunity for companies, large and small. But as every software vendor claims to be “powered by AI,” “AI-ready,” or simply just “AI” – how does one separate potentially game-changing AI innovations from AI fiction? We call the seemingly instant AI-ification of everything “AI washing,” and business leaders need to be aware of this growing trend as they consider which tools to bring into their organizations. 

With

Copenhagen-based Claimlane raises €1.8 million to simplify product claims and complex return processes

Claimlane, a startup leading returns and claims management platform for brands and retailers that sell physical products, announced a €1.8 million seed round led by Vendep Capital to accelerate our growth in the UK and mainland Europe. The fundraising will enable them to accelerate their product vision to help furniture and lifestyle brands simplify and […]

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London-based travel paytech Swiipr raises €7 million Series A to digitally transform airline disruption payments

Swiipr, a travel paytech company transforming the airline industry’s outdated and inefficient disruption payments systems, has secured €7 million in Series A funding, led by Octopus Ventures, to help drive the company’s next phase of growth.  TX Ventures and Solano Partners supported Octopus on the funding round. The capital will be deployed to develop Swiipr’s […]

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Copenhagen-based ZTLment secures €2.4 million to replace outdated banking infrastructures

Copenhagen-based fintech ZTLment announced it has raised €2.4 million in total pre-seed funding from investors PreSeed Ventures, Upfin, Giant Ventures, and strong business angels. With the fresh capital, ZTLment aims to eliminate the need for outdated banking infrastructures once and for all and make it easy to make programmable and peer-to-peer payments. The Danish fintech […]

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Italian startup Zefi.ai raises €1.6 million to analyze companies’ interactions with their users through AI

Lecce-based Zefi.ai, a startup on a mission to change the way software is built empowering product teams, announced it has raised €1.6 million in a pre-seed round led by 360 Capital, a leading Italian-French fund based in Paris and Milan, and 14Peaks Capital, an international Zurich-based fund that invests in B2B SaaS companies in Europe […]

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Berlin-based Cloover secures €105 million for its operating system to connect people to renewable energy

Cloover, a Berlin-based startup, has secured €105 million seed round to fuel the growth of its operating system for the renewable energy industry. The company connects all relevant stakeholders of the energy transition – installers, prosumers, manufacturers, energy providers, and investors – through its software, finance, and energy solutions.  The round is led by Lowercarbon […]

The post

Delft-based Q*Bird raises €2.5 million to accelerate growth of its quantum security tech

Next-generation communications security startup Q*Bird has raised a €2.5 million round to accelerate its growth in the emerging quantum security market. The funding was jointly led by QDNL Participations and Cottonwood Technology Fund, with participation from InnovationQuarter. Q*Bird has developed a unique quantum cryptography (QKD) product called Falqon, which is based on the fundamental laws […]

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An open-source development paradigm

Temporal is an open-source project focused on durable execution and workflow orchestration. Cofounder and CTO Maxim Fateev tells Ben and Ryan about the challenges of building a cloud service based on an open-source project and how Temporal is helping teams simplify their code and build more features more quickly. https://stackoverflow.blog/2024/05/28/an-open-source-development-paradigm/

Paris-based NcodiN raises €3.5 million to push the limits of AI processors

NcodiN, a pioneering tech company in optical interposer technology, has successfully secured €3.5 million from top-tier European deep tech investors Elaia, Earlybird and OVNI Capital. NcodiN aims to revolutionize the semiconductor industry and meet demand for innovative technologies to keep up with the pace of High-Performance Computing (HPC) and Artificial Intelligence (AI) workloads. This funding […]

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Přes ďábelský metamateriál není vidět a přesto propustí víc světla než sklo

Nový metamateriál exceluje v tom, co mají metamateriály nejraději. Dělá si legraci ze selského rozumu. Téměř přes něj není vidět, ale přitom propustí ještě více světla, než obyčejné sklo. Jeho důmyslná mikrostruktura interpretuje fyzikální zákony vyloženě zlomyslným způsobem. http://www.osel.cz/13493-pres-dabelsky-metamaterial-neni-videt-a-presto-propusti-vic-svetla-nez-sklo.html

7d | osel.cz
EU law to boost clean tech production to enter into force in June


The EU’s Net-Zero Industry Act (NZIA) is set to enter into force by the end of June, following its final adoption today. The key regulation aims to ensure that homegrown clean tech can cover at least 40% of the bloc’s demands by 2030. “Demand is growi

Airbus to build satellite that will predict the northern lights


The European Space Agency has hired Airbus to build a space satellite. It will forecast solar storms like the one that caused the biggest northern lights display in over 20 years this May. The satellite, dubbed Vigil, will sit at

Elon Musk raises $6 billion for his AI startup xAI

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying AI race.

The funding round was backed by inv

How to scale a hard tech startup past the inflection point

The world of hard tech startups is filled with potential. However, compared to software businesses, their journey to success requires a different approach. This unique landscape demands a fresh perspective on how we navigate the critical inflexion point. In the context of startups, the inflexion point refers to a critical stage in a company’s growth […]

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It’s not you, it’s the team: When personal productivity isn’t enough


In a perfect world, we would start our day by going through a neatly ordered list of tasks. We’d have a few hours of deep work concentration to cross off half of them. Then we’d have a leisurely lunch with colleagues and go back to whittling down the list until t

These are the best apps for building good habits

This article is republished with permission from Wonder Tools, a newsletter that helps you discover the most useful sites and apps. Subscribe here.

Most New Year’s resolutions are buried by now. April’s a great time for a fresh start. So today’s post focuses on simple, us

Prague-based Delta Green raises €2.2 million to allow people to pay less for local renewable electricity

Energy tech startup Delta Green [formerly, Nano Green] announced the finalization of a significant investment totaling €2.2 million. The investment is backed by three VC funds — Tilia Impact Ventures as the lead, along with Credo Ventures and Purple Ventures. The funding is earmarked to fuel the company’s expansion into Western Europe and to scale […]

The post

European countries bordering Russia agree on defensive ‘drone wall’


Six NATO members  are planning to build a “drone wall” to protect Europe from Russian threats. Finland, Norway, Poland, and the three Baltic states will work together to set up the air defence system. The drones will monitor the thousands of kilomet

How China’s 1980s PC industry hacked dot-matrix printers

Excerpted from The Chinese Computer: A Global History of the Information Age, by Thomas S. Mullaney. Published by The MIT Press. Copyright © 2024 MIT. All rights reserved.

During the early rise of consumer PCs in the 1980s, no Western-designed CPU, printer, monitor, operating system, or programming language was capable of handling Chinese character input or output—not “out of the box,” at least. For the better part of the history of computing, computing techn

Why EQ Is Important At Work (And In SEO)

Find out why emotional intelligence is a valuable asset. Discover how EQ can help manage conflicts, negotiate goals, and build strong relationships across diverse teams.

The post Why EQ Is Important At Work (And In SEO) appeared first on Search Engine Journal.

https://www.searchenginejournal.com/why-eq-is-important-at-work-and-in-seo/51

Scaling hacks for tech entrepreneurs amidst scarcer capital resources

In the fast-paced world of tech startups, scaling quickly and efficiently is often the name of the game. However, with the abundance of venture capital (VC) funding available, when the tides turn as they have in the past 24 months, there’s a risk of becoming overly reliant on external investment to fuel growth. As such, […]

The post Scaling hacks for tech ent

This is why the Northern Lights look better through your phone camera

Smartphone cameras have significantly improved in recent years. Computational photography and AI allow these devices to capture stunning images that can surpass what we see with the naked eye. Photos of the northern lights, or aurora borealis, provide one particularly striking example.

If you

Dublin-based Spectrum.Life bags €17 million to deliver clinically backed digital and mental health

Spectrum.Life, a startup delivering clinically backed digital health, mental health and wellbeing solutions to organisations and their people, has announced a €17 million investment round. The round was led by Act Venture Capital with participation from existing investors.   With this investment, Spectrum.Life will continue to drive its vision to change and save as many lives […]

The post

Astronomové vystopovali supermasivní černé díry, co si hrají na Hvězdy smrti

Pozorování supermasivních černých děr odhalilo asi u třetiny z nich nesrovnalosti mezi směrem jejich výtrysků a polohou stop po jejich předchozí aktivitě. Zdá se, že některé supermasivní černé díry jsou jako Hvězdy smrti a mohou změnit směr paprsků smrti, jimiž žhaví okolní vesmír. http://www.osel.cz/13492-astronomove-vystopovali-supermasivni-cerne-diry-co-si-hraji-na-hvezdy-smrti.html

8d | osel.cz
Cologne-based DeepL bags €277 million to address the global demand for AI language solutions

DeepL, a leading Language AI company, announced €277 million of investment at a $2 billion valuation. Led by Index Ventures, the heavily oversubscribed round attracted strong support from new investors, who will bring their extensive expertise, connections, and resources to support DeepL’s growth and long-term vision to transform the way companies communicate around the world. […]

The post

London-based Nory raises €14.7 million Series A to spearhead AI across the hospitality industry

Nory, an AI powered operating system for hospitality businesses, has secured €14.7 million in Series A funding round led by Accel, taking its total raised to $25 million, following 400% revenue growth in 2023. Existing investors Cavalry, Playfair, Samaipata and Triplepoint also participated in the round. This investment will be used to accelerate product development […]

The post

Finnish biotech Enifer secures €36 million to cope with the world’s soaring protein need

Espoo-based mycoprotein company Enifer has announced the completion of a funding package that enables it to start constructing a unique food-grade mycoprotein factory in Kirkkonummi, Finland. The factory, which is set for completion by the end of 2025 and projected to cost €33 million, will convert food industry side streams into Enifer’s sustainable PEKILO® fungi-based […]

The post

London-based fintech Viable raises €2.8 million to improve finance outcomes for new breed of online and multi-channel merchants

Viable, an intelligent finance startup that helps consumer brands improve growth, profit and cash flow outcomes, announced the closing of its €2.8 million seed funding round with participation from Episode 1, Haatch, Portfolio Ventures and a group of angel investors led by Martin Brailsford, former founder & CEO of e-commerce group Internet Fusion. This round […]

The post

Lisbon-based Unlockit closes €1.4 million to strengthen Web3 platform for managing property transactions

Unlockit, a Portuguese real-estate transaction management platform, has wrapped its pre-seed funding round for an amount of €1.4 million. This investment was led by the Eaglestone Group, an international financial services platform, through the Group’s venture capital company, Eaglestone Capital Partners, accompanied by Portugal Ventures and also has the participation of current investors Reorganiza and […]

The post

UK-based Grey Wolf Therapeutics raises €46 million Series B to develop disease-modifying therapies for autoimmune disorders

Oxfordshire-based Grey Wolf Therapeutics, a clinical-stage biotechnology company leveraging first-of-its-kind antigen modulation therapies to address the source of immune dysfunction in oncology and autoimmunity, announced the closing of an oversubscribed €46 million Series B financing expansion, bringing the total amount of Series B funds raised to $99 million.  The Series B expansion round was led by ICG’s […]

The post

EU-Startups Podcast | Episode 69: Shirley Romig, Chief Accelerator Investment Officer at Techstars

In this episode, Shirley Romig, Chief Accelerator Investment Officer at Techstars, discusses the future of accelerator programs and the importance of ecosystem development. She highlights the need to tap into talent globally and create partnerships that fuel growth for Techstars’ portfolio companies. Shirley also shares valuable lessons she has learned from scaling companies like Lyft […]

The post

Berlin-based Rows raises €8 million to spread AI-powered spreadsheets around the world

Rows, a collaborative cloud platform-based spreadsheet app, has just raised €8 million in a funding round led by Indico Capital Partners and with participation from existing investors Cherry Ventures, Accel, Lakestar, Armilar Venture Partners and others. The company will use these funds to make data integrations even faster and easier, continue to enhance AI features, […]

The post

The Power of body language in startup pitches: Making your idea unforgettable

In the world of entrepreneurship, a great idea alone isn’t enough. To convince investors, partners, or customers of the value of your startup, you must effectively communicate your vision and passion. While the content of your pitch is crucial, the non-verbal cues you give off – your body language – can significantly impact your audience’s […]

The post

Weekly funding round-up! All of the European startup funding rounds we tracked this week (May 20 – May 24)

This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you […]

The post Weekly fundi

Facebook sees extremist militia groups return after being kicked off—testing moderation efforts

When journalists sounded alarm bells in early May 2024 that more than 100 extremist militia groups had been organizing and communicating on Facebook, it wasn’t the first time militias had garnered attention for their online

Here are the companies OpenAI has made deals with to train ChatGPT

OpenAI’s chatbots scored a big new data source following the company’s deal with News Corp. on Wednesday. With the stroke of a pen, ChatGPT and the company’s other services added the Wall Street Journal, New York Post, MarketWatch, Barron’s, and other publications to its database.

The deal, which did not include Fox News content, was the latest in a growing ser

5 not-so-obvious ways to speed up Windows 11

It seems as though the more powerful computers get, the more noticeable it is once they start to buckle under the pressure of multi-tabbed web sessions, unchecked digital hoarding, many-windowed multitasking, and more.

If your Windows 11 PC is taking longer than expected to perform tasks, there are several ways to speed it up—some obvious and others not so.

First, the obvious ways

If you haven’t tried them

#430 – Charan Ranganath: Human Memory, Imagination, Deja Vu, and False Memories

Charan Ranganath is a psychologist and neuroscientist at UC Davis, specializing in human memory. He is the author of a new book titled Why We Remember. Please support this podcast by checking out our sponsors:

První prototyp s pohonem aerospike MIRA I havaroval ještě před testem

Revoluční raketový pohon aerospike pracuje v širokém rozmezí nadmořských výšek. Mohl by dostat kosmoplán ze startovací dráhy až na orbitu. Zatím se nejdál dostal startup Polaris, který uskutečnil úplně první letový test s tímto pohonem. Prototyp MIRA I se ale zřítil při startu, ještě před spuštěním pohonu aerospike. Polaris zamáčkl slzu a jede dál. http://www.osel.cz/13491-prvni-prototyp-s-pohonem-aerospike-mira-i-havaroval-jeste-pred-testem.html

9d | osel.cz
This hilarious, AI-themed comedy special perfectly captures the growing conflict between tech and creatives

Connoisseurs of human-created comedy exhaled, back in January, when an AI-generated George Carlin special turned out to be written and performed by a person. The relief was short-lived, though. Even as that attention-seeking stunt incurred litigation from the long-deceased legend’s estate,

YouTube star MKBHD becomes MKPHD

Just nine years after accepting his own sheepskin from Stevens Institute of Technology (SIT), YouTube gadget guru Marques Brownlee was back on campus to deliver the 2024 commencement address at his alma mater on Wednesday, May 22. He’d been given seven minutes in which to deliver his remarks—a time period shorter than the videos he creates for his YouTube followers, he quipped.

“Find

The trade-off between machine learning performance and privacy

Machine learning has pushed the boundaries in several fields, including personalized medicine, self-driving cars, and customized advertisements. Research has shown, however, that these systems memorize aspects of the data they were trained with in order to learn patte

This free AI power tool makes Google Maps even better

Lately, I’ve been slightly obsessed with maps.

It’s not a wistful nerd fixation, either—I promise. (Though I certainly do have my fair share of those!) Nope: This obsession is all about practical benefit and some splendid ways our modern mapping technology can help us.

We’ve talked about little-known map-centric tricks in my Android Intelligence newsletter​ a few times recently, including with

Could Live Nation and Ticketmaster get broken up? Here’s what to know

Following almost two years’ worth of investigations and chest puffing in Washington, D.C., the government this week filed its much-anticipated lawsuit against Ticketmaster parent company Live Nation, accusing the company of antitrust.

It was the formal start of a boxing match that’s likely to go many rounds—and both sides are coming out swinging. When announcing the s

AI is getting theatrical

The list of jobs that are being threatened by artificial intelligence is growing by the day, but could generative AI ever take center stage on Broadway?

In the past year, the unions representing Hollywood actors and writers won protections against the potential applications of AI in TV and film—just in ti

AI PCs? Here’s what to know

The PC just got an AI makeover, raising hopes that the buzzy technology would help revive an industry that has been on a steady decline over the last few years.

Here’s everything we know about AI PCs:

What doe

Apple, please fix these 5 annoying things about the iPhone when you release iOS 18

Next month Apple will hold its annual Worldwide Developers Conference, the event where it shows off its upcoming software offerings. The star this year will be iOS 18, the operating system that powers the iPhone. iOS 18 is rumored to be one of the most significant upgrades to the iPhone’s operating system in over a decade. That’s because Apple is widely expected to finally jump on the

Báječný úspěch: Webbův dalekohled spatřil vznikající galaxie na úsvitu vesmíru

Webbův dalekohled opět předvedl, proč stálo za to ho poslat do vesmíru. Pozoroval nejranější galaxie, jak vznikají ve vesmíru, který je starý jen asi 400 až 600 milionů let. Vědci se tak poprvé stali takřka očitými svědky procesu, který doposud znali jenom z počítačových simulací. http://www.osel.cz/13490-bajecny-uspech-webbuv-dalekohled-spatril-vznikajici-galaxie-na-usvitu-vesmiru.html

9d | osel.cz
Spotify just killed Car Thing with no refunds. Angry customers ask why it can’t be open sourced

What was that thing for anyway?

Spotify announced Thursday it will discontinue Car Thing, a $90 device that allows users to control Spotify through their car speakers. After December 9, 2024, Car Thing will no longer be operational—and Spotify is recommending that users trash it (safely, of course, and following electronic waste guidelines).

It’s one thing to discontinue the device, but another t

Tesla cuts Model Y production in Shanghai as demand weakens

Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data and a source.

The move is aimed at addressing weakening demand for the U.S. automaker’s aged model in China, its second largest market into which a majorit