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Amazon Web Services (AWS) today confirmed plans to launch its European “sovereign cloud”, aiming to enhance data residency and security across the EU. The city of Bradenburg in Germany will be the first region to host the cloud servers, which are set to power up by the end of 2025. AWS will invest €7.8bn through 2040. According to the tech giant, the European sovereign cloud will have its entire infrastructure within the EU and will operate independently from existing cloud regions. Only EU-resident... Читать дальше...

While Intel is betting big on ASML’s latest High NA EUV chipmaking machines, Taiwanese semiconductor giant TSMC is considering opting out. Speaking at a conference in Amsterdam on Tuesday, TSMC’s Senior VP Kevin Zhang told reporters that ASML’s new equipment comes with too hefty a price tag. The Dutch chipmaker’s High NA EUV machines represent the next generation in extreme ultraviolet (EUV) lithography technology, which uses light to draw chip designs on the silicon wafer. According to ASML, these... Читать дальше...

A Finnish startup today launched a multilingual AI model that’s a “significant milestone” on the path to LLMs for every EU language, the company says. Helsinki-based Silo AI calls the new large language model Viking 7B. It covers  Danish, Finnish, Icelandic, Norwegian, and Swedish, as well as English and programming languages. Evaluations indicate best-in-class performance in all the Nordic languages — without compromising the English outputs. Peter Sarlin, Silo AI’s CEO, told TNW that his company... Читать дальше...

The necessity of professional certifications is debated, with many software developers pooh-poohing their relevance when it comes to securing a job. But in a competitive job market, anything that can give you an edge or help you stand out as a candidate is worth considering. If you’re at the early stage of your career, or looking to pivot, securing certification can offer assurances of your skills when you’ve not yet built up the experience. Professional certification will also demonstrate your commitment... Читать дальше...

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, Linnea and Siôn talk about a massive investor vote of confidence for self-driving AI tech, the UK joining the EU-led supercomputer project, the first ever CGI in cinema, and the sun’s cycles, prompted by the incredible display or aurora the past week. The guest of the show is Jānis Pūtrams... Читать дальше...

Norwegian startup 7Analytics has secured €4mn to help predict the next big flood or landslide. The Bergen-based outfit trains machine learning algorithms on vast quantities of data on everything from weather to land use. The AI then learns to predict how natural disasters will unfold with metre-scale accuracy. Whereas the weather forecast tells you when a storm is approaching, 7Analytics will tell you exactly how the water from this storm will travel through your community. These insights are displayed on a dashboard. Читать дальше...

Starting today, users in Europe can access Claude, Amazon-backed AI startup Anthropic’s proper ChatGPT contender.  There are a few company names that have become synonymous with the advent of generative AI. OpenAI may have had the early-mover advantage, with ChatGPT becoming close to a household name. However, others have also been busy honing their craft and algorithms.  When Anthropic first released its latest large language model (LLM) family Claude 3 to the public in March 2024, we at the TNW... Читать дальше...

Alexey Pertsev, the developer behind crypto mixer Tornado Cash, has been found guilty of money laundering by a Dutch court in ‘s-Hertogenbosch. Pertsev, was first imprisoned in the Netherlands, where he had been residing, in August 2022 on charges of money laundering worth of $1.2bn in cryptocurrency. He was released in April 2023 and remained under house arrest pending his trial in March this year — the verdict of which was announced today. Pertsev’s arrest in the Netherlands came shortly after the US Treasury sanctioned Tornado Cash... Читать дальше...

Booking.com has joined the ranks of tech giants, such as Google and Meta, that fall under the EU’s sweeping online competition rules. Dubbed the Digital Markets Act (DMA), the law aims to establish a level digital playing field by setting clear rights and obligations for large online platforms, referred to as “gatekeepers.” The goal is to tackle monopolising practices. “Booking is an important player in the European tourism ecosystem and is now also a designated gatekeeper,” said Thierry Bretton, EU Commissioner for Internal Market. Читать дальше...

Einride has partnered with Jebel Ali Port in Dubai as part of its ambitious plan to build the world’s largest autonomous trucking network. The Swedish freight mobility startup has signed a deal with DP World, which handles logistics at the port — the world’s 10th busiest. The firm will use hundreds of Einride’s electric trucks to haul containers around the shipyard.  Starting next year, DP World will start using autonomous trucks alongside those piloted by humans. This is part of the Falcon Rise project... Читать дальше...