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Europe outpacing US on quantum investment, report finds

US-based VCs are holding tight to a large amount of cash as they navigate a capricious startup environment and investment landscape. While deemed an important enough technology to warrant export restrictions, quantum computing is not high on the list of safe investment bets, and has also suffered from the drop in funding activity. However, across the pond, things are looking brighter for the European quantum ecosystem. That is according to a report released today by Finnish quantum hardware company IQM, along with VCs OpenOcean and Lakestar. The report analyses VC investment, government funding, as well as national quantum strategies. Globally,… This story continues at The Next Web https://ift.tt/bCPS7Rf Read full article: The Next Web
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Leaked EU AI Act is ‘a wake-up call for organisations’

A leak of the EU’s AI Act removes doubts about its adoption, but critics fear that the plans will inhibit innovation. All 892 pages of the final version were published on Monday by Euractiv tech editor Luca Bertuzzi, while a consolidated version that runs a mere 258 pages was shared by European Parliament policy advisor Laura Caroli. Only linguistic or technical details can now be made to the full regulation. EU ambassadors are due to adopt the act on February 2. If all goes to plan, the final regulation will be implemented before the European Parliament elections in June. That… This story continues at The Next Web https://ift.tt/O85Lfhj Read full article: The Next Web
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5 tech jobs with long-term staying power

While the tech sector suffered a downturn in 2023, leading to swathes of job cuts, there remains a high demand for certain tech jobs within the industry itself and beyond. Nonetheless, these job losses, alongside the rapid growth of generative AI tools in the past year sowed seeds of doubt for many, begging the question: do tech jobs offer good job security? In a recent interview, Nobel Prize-winning economist Prof Christopher Pissarides cautioned students on selecting to study STEM subjects for future roles in tech that may be more limited in availability than expected.  This, he clarified in a later… This story continues at The Next Web https://ift.tt/Tl02bgE Read full article: The Next Web
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Macron convinces UK nuclear startup to build its first factory in France

London-based nuclear energy startup Newcleo has scrapped plans to build its first power plant in Britain, opting to invest in France instead.  The move follows extensive lobbying by France’s president Emmanuel Macron, who has personally met with Newcleo’s chief executive and founder Stefano Buono several times, to convince him to build the company’s first modular nuclear reactor in France, the Telegraph reports.  Founded in 2021, Newcleo develops small nuclear reactors powered by radioactive waste. The company initially sought to tap the UK’s vast stockpile of nuclear waste at the former Sellafield site to power its reactors.  But after two years… This story continues at The Next Web https://ift.tt/Xpy8led Read full article: The Next Web
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Enter ClimateGPT — the ‘first-ever’ AI model dedicated to fighting climate change

Fledgling AI startup EQTY Lab has unveiled the “first-ever” AI chatbot designed to provide accurate and authenticated climate data. AI tools such as ChatGPT and Google’s Bard have faced concerns over the accuracy of the information they provide, as they are trained on data scraped from the internet, but do not necessarily provide rigorous fact-checking. But EQTY Lab claims its open-source ClimateGPT service would provide “trust and transparency” as it draws on scientific data using a robust model that authenticates, secures, and governs the information provided. The model is integrated with Hedera, a public blockchain, which ensures the “highest standards… This story continues at The Next Web https://ift.tt/iTUX5on Read full article: The Next Web
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