German Bionic has unveiled its latest wearable exoskeleton — and it comes equipped with an AI brain. Dubbed Exia, the robotic suit offers up to 38kg of dynamic assistance to make heavy lifting easier for humans. That means an item weighing 30kg feels more like 5 to the lifter’s lower back. But what really sets Exia apart from its predecessors is its capacity to adapt and learn. German Bionic claims Exia is the world’s first exoskeleton powered by augmented AI, a type of artificial intelligence designed to enhance human intelligence. Over time, each suit is designed to get better and…

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David Reger, founder and CEO of Metzingen-based Neura Robotics, is building humanoid robots — and a reputation with a touch of déjà vu. In the German press, he’s sometimes dubbed the “Young Elon Musk.”  It’s a nickname Reger embraces, despite all of the controversy surrounding the world’s richest man. “For me, it’s a positive, not a negative,” he told TNW in an interview. “I respect how Musk builds companies, how successful he is, how fearless he is to drive things further.” Musk’s politics, Reger continues, aren’t the focus of his admiration. “I’m just thinking about technological advancement and how to…

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Sophie Rucker had been living and working in London for five years when a trip to a yoga training school in Bali presented her with an alternative to the rat race. Despite enjoying life in London, witnessing digital nomads balance work with sun, sea, and relaxed vibes in the Indonesian island province prompted her to pursue more freelance work.  At the start of 2020, having set herself up as a communications strategist for NGOs and social impact organisations, Sophie quit her permanent role and moved to Bali. Despite the uncertainty of the progressing pandemic, she found the space she needed…

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The collapse of Builder.ai exposes the growing threat of “FOMO investing,” according to an expert in tech growth intelligence. Builder had become one of Britain’s best-funded startups, but is now filing for bankruptcy due to financial problems. The insolvency comes after enormous sums were invested into the business. Big-name backers including Microsoft and Qatar’s sovereign wealth fund had poured a total of over $500mn into the startup, which aimed to simplify software development with AI. The funding gave Builder a coveted unicorn status, with a valuation exceeding $1.3bn. But the eye-watering sums couldn’t keep the business afloat. Builder blamed the…

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Again, the German-Danish startup using ancient bacteria to turn CO2 into new chemicals, is building a new bioreactor plant in Texas. The facility will be located at Texas City, a major petrochemicals park located on the Gulf Coast. The industrial centre is run by Diamond Infrastructure Solutions — a joint venture between chemicals giant Dow and Macquarie Asset Management.   “We’re building a global company, and that also means taking our technology into new regions,” Again’s co-founder Max Kufner told TNW. “There is a high demand in the US for our chemicals, particularly ones that can be sustainably made on-shore.”…

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