A new generation of talented and sustainability-focused tech entrepreneurs are already dreaming up innovative ideas to shift our daily habits and tackle climate change. Over the past five years, the Battle of the Minds competition has called on students and recent graduates from across the globe to pitch and develop novel solutions to some of the worlds most pressing social and environmental problems. Together, country based teams compete in a pitch competition for the chance to win funding from Btomorrow Ventures and the opportunity to join BATs Global Graduate Programme. From making glue out of gelatinized marine waste to edible…

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The tech sector is experiencing an unprecedented slowdown, but analysts see immense opportunities for startups that survive the downturn. Across the world, VC funding in 2022 plummeted by 35% from the previous year, according to a new study from Startup Genome and the Global Entrepreneurship Network (GEN). The Global Startup Ecosystem Report 2023(GSER 2023) also observed slowdowns in deal counts, exits, and unicorns. But a deeper dive unearths grounds for optimism. After a year of heavy market losses, inflation is now slowing and economic growth appears to be holding up. The headwinds remain challenging, but the GSER 2023 notes that…

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The artificial intelligence hype shows no sign of fading just yet, and investors are practically falling over themselves to fund the next big thing in AI. Yesterday, Paris-based startup Mistral AI announced it had secured 105mn in what is reportedly Europes largest-ever seed round. Mistral AI was founded only four weeks ago, by a trio of AI researchers. Arthur Mensch, the companys CEO, was formerly employed by Googles DeepMind. His co-founders, Timothée Lacroix (CTO) and Guillaume Lample (Chief Science Officer), previously worked for Meta. The company has yet to develop its first product. However, on a mission to make AI…

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Holly Blondin will be speaking atTNW Conference, which takes place on June 15 & 16 in Amsterdam. If you want to experience the event (and say hi to our editorial team!), weve got something special for our loyal readers. Use the promo codeREAD-TNW-25and get a 25% discount on your business pass for TNW Conference. See you in Amsterdam! Few are the blessed people in the world who are entirely immune to procrastination. Whether from lack of motivation, fear of failure, succumbing to distractions and temptations, or an overestimation of future productivity, habitual or chronic procrastinators make up approximately 20% of…

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This week, Ford opened its new EV production facility in Cologne. The move is part of the American automakers push to make its entire European passenger vehicle lineup all-electric by 2030. Originally opened back in 1930, Ford has spent the past two years and $2bn redeveloping the facility into a solely EV manufacturing centre. The Cologne Electric Vehicle Centre will produce Fords next-gen EVs, the first of which will be the electric Explorer, followed by a yet-to-be-named sports crossover. The plant is expected to churn out over 250,000 vehicles per year, a big chunk of Fords target to…

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A great work-life balance, excellent transport, a chosen spot of major tech companies, and a social culture featuring currywurst and Oktoberfest welcome to Germany, a country thats trying to make itself a top choice for workers keen to move abroad. Germany badly needs more skilled workers, but one major barrier to attracting international talent has been the countrys love for bureaucracy. In the face of an ongoing skills gap, its having to move with the times. Thats why Germany recently decided to make it easier for people from outside the EU to move there for work, with new legislation on…

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Ladies and gentlemen, friends and nemeses, the moment has finally arrived: TNW Conference is thisweek! After taking our show on the road to València in April, were returning to where it all began: Amsterdam. The two-day event kicks off on June 15 and youre all invited. Expect our usual smorgasbord of talks, networking, learning, and festival vibes, but with a new unifying theme. Following a turbulent few years, this year we want to reclaim the future and reignite the positive power that tech can have. That spirit has been infused throughout the conference agenda. It featured prominently in…

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Munich-based Infineon is considering moving a bigger chunk of its production to the US, the FT reports. The prospective move would be made to comply with the Biden Administrations Inflation Reduction Act (IRA) a $369bn package of subsidies and tax incentives, aiming to accelerate domestic production of green technologies, which include semiconductors. Infineon is amongst the worlds biggest silicon chip suppliers for the automotive industry. It already operates six factories in the US, next to eight in Asia, and five in Europe, where Germany counts three facilities. Peter Wawer, head of the chipmakers green technology division, told the FT…

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Drumroll, please! The moment weve been waiting for has finally arrived: TNW Conference 2023 is taking place this week, on June 15&16 and youre all invited. This year were not only going to discover whats next in tech, but also reclaim the future and join forces to explore how technology can help us build a more sustainable, equitable, and inclusive world. At TNW Conference, technology is the beating heart of what we do. As usual, were bringing together the whole tech ecosystem: from startups and investors, to industry leaders, C-level executives, and policy makers. Across the two days, attendees…

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  1. Germany refuses to give Intel more cash for 17bn chip plant
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  3. EU pours 8B of state aid into chips and microelectronics
  4. Inside Google DeepMinds approach to AI safety
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