Новости за 07.05.2024

An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring merits, at least in the lending world. Enter Abound. The London-based startup has just raised £800mn for its lending platform that uses AI to determine loan amounts. Dubbed Render, Abound’s AI analyses customers’ full bank transaction data (from income to spending details) to understand their individual financial situation ... Читать дальше...

Reuse Brew is a classic German lager with a twist — it’s made from recycled wastewater.  The beer is the result of a tie-up between the south German city of Weissenburg, American water tech company Xylem, and the Technical University of Munich (TUM). Specifically, TUM’s Brewery and Beverage Technology department (why didn’t I study there?!).  While the idea of a sewage brew might be hard to swallow, Xylem ensures us that all the bad stuff is filtered out before the malt, hops, and yeast are added. Читать дальше...

Infineon, one of the biggest chip makers in Europe, has lowered its revenue outlook for the year, citing “weak” demand from its major target markets. The German company is now expecting a revenue of €15.1bn, plus or minus €400mn. That’s down from the previous forecast of €16bn, plus or minus €500mn. In the second quarter of 2024, Infineon saw a 2% drop in revenue compared to the previous quarter, generating €3.36bn. The decline stands, however, at 12% year-on-year. Revenue in the first quarter of... Читать дальше...

Wayve, a London-based startup working on AI systems for autonomous vehicles, has raised $1bn. The colossal funding round marks the largest single investment in a European AI startup. Japanese conglomerate SoftBank led the funding round alongside tech giants Nvidia and Microsoft. Wayve did not disclose its valuation following the investment.  Founded in Cambridge in 2017, Wayve is developing so-called embodied AI systems for self-driving cars. Unlike pure software AI like ChatGPT, embodied AI serves... Читать дальше...

The power of generative AI has further ignited the race for advanced humanoid robots, promising more capable machines that can learn and deal with unknown environments and challenges. Amid increasing competition across the globe, Switzerland-based mimic is also throwing its hat in the ring. The startup has raised a pre-seed round of $2.5mn (€2.3mn) to bring the first GenAI-powered collaborative robot to market. A spinoff from ETH Zurich, mimic was founded in 2024 by a team of three researchers working at the intersection of robotics and AI. Читать дальше...