DeepL launches ‘industry-first’ AI glossary generator for business translations

Since its founding in 2017, DeepL has been raising machine translation standards, successfully rivalling giants such as Google Translate. Today, the startup unveiled an ‘industry-first’ AI-powered glossary generator for businesses.…

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The EU is getting its first ever commissioner for startups

Ekaterina Zaharieva has been nominated as the EU’s first ever commissioner for startups, the bloc’s chief Ursula von der Leyen announced today. Zaharieva served as Bulgaria’s deputy prime minister for judicial…

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Startups race to curb data centre energy use amid AI boom

Data centres gobble up roughly 2% of global electricity, which translates to around 1% of energy-related greenhouse gas emissions.   Streaming Netflix, storing stuff in the cloud, and meeting up on…

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Science is breeding a new generation of booming deeptech startups in Estonia

Back in the early 2000s, Estonia was rapidly modernising, shaking off the remnants of Soviet influence. It was ambitiously transforming itself into a digital society with innovations such as e-government…

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French startup Poolside nears $3B valuation for AI that can write code

Paris-based AI startup Poolside is in discussions to raise nearly $500mn at a $3bn valuation, Bloomberg reports.   Poolside is developing a ChatGPT-like large language model (LLM) that writes software code…

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