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ASML will give every employee a €20,000 bonus as AI demand drives record sales

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ASML will give all employees globally a one-time €20,000 ($22,862) share award, the company confirmed on Friday. The bonus vests on January 1, 2030, for staff who remain with the company for the entire period. About 45,000 people work at Europe’s most valuable company. The payout joins a wave of AI-boom bonuses across the chip […]

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Airbus is moving its most critical apps off AWS to a French cloud

Amazon, Business, Data and security, Digital Marketing, Europe, Government and policy, SEO Tips, Technology /

Airbus is pulling some of its most sensitive systems off Amazon Web Services and onto a European cloud. The aerospace group has picked French provider Scaleway to host them, Scaleway said. The move covers the applications Airbus needs to keep running as a “minimum viable company.” That is about 900 apps, starting with 70 now […]

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DeepMind’s Hassabis says a STEM degree makes you 10x better with AI

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AI is reshaping tech careers. But it will not kill off the value of a STEM degree, according to Google DeepMind chief Demis Hassabis. He made the comments at a London business conference, in a video published on Wednesday. Knowing the fundamentals of software gives you an edge with AI, he told the audience, Business […]

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Meet the philosopher inside Google DeepMind

Artificial Intelligence, Deep tech, Digital Marketing, Europe, Google, SEO Tips, Technology /

What does a company that builds game-playing AI need with a philosopher? That question sits at the heart of a Guardian long-read on Iason Gabriel, who has worked inside Google DeepMind since 2017. For a time, the Guardian reports, Gabriel was the only philosopher at a frontier AI lab. His job was to anticipate the […]

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Google DeepMind launched an AI biosecurity programme to fight biological threats

Artificial Intelligence, Deep tech, Digital Marketing, Europe, Google, Health tech, SEO Tips, Technology /

Google DeepMind has launched a programme to turn AI on biological threats. The London lab and its sister company Isomorphic Labs call it bioresilience, and set it out in a joint blog post. The aim is twofold. DeepMind wants to stop people misusing its models, and to help governments, scientists and biosecurity groups use AI […]

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French startup Syntetica raised $30M to recycle the nylon fashion throws away

Digital Marketing, Europe, Investors and funding, SEO Tips, Startups and technology, Sustainability, Technology /

A French startup has raised $30 million to tackle one of fashion’s hardest waste problems. Syntetica recycles nylon, and it can process two grades at once that the industry has long struggled to pull apart, its founder told TechCrunch. The Ecotechnologies 2 fund, managed by France’s public bank Bpifrance, led the round, worth €26.1 million. […]

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The EU is forcing Google to open Android to rival AI and share its search data

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Google will have to let rival AI assistants run on Android the way its own Gemini does. It must also hand some of its search data to competitors. The European Commission set out both requirements on Thursday. The two decisions fall under the EU’s Digital Markets Act (DMA), the Commission said. The law forces “gatekeeper” […]

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29 countries sign a treaty to establish the World AI Cooperation Organization

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Twenty-nine countries signed an agreement on 16 July to establish the World AI Cooperation Organization (WAICO), Reuters reported. China says the intergovernmental body aims to promote international cooperation and global governance in AI. China’s foreign minister, Wang Yi, signed on behalf of Beijing. UN Secretary-General António Guterres attended the ceremony. The founding members include Russia, […]

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SWISSto12 raised $70M, and it is that rare thing: a profitable space startup

Business, Digital Marketing, Europe, Investors and funding, SEO Tips, Space, Startups and technology, Technology /

Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m round days after ESA member states put $84.8m into its HummingSat programme, it said. That is more than $150m of fresh capital in a month. […]

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Nokia and Nvidia built the first commercial AI-RAN, aiming to double network capacity

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The firms powering the AI boom now want a piece of the mobile network. Nokia says it has built the industry’s first commercial AI-RAN platform, together with Nvidia, calling it the biggest shift in radio in decades. RAN stands for radio access network, the gear that links phones to the wider network. An AI-RAN runs […]

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