About one in every 10 European startups that have raised VC investment are also backed by an EU grant of equity financing, according to a research project conducted by Dealroom and Dealflow.eu. While the full report is expected to be published later this year, the authors presented a few preliminary numbers in Warsaw last week. In financial terms, the 10% share translates into EU-backed startups having raised €70bn in VC funding since 2010, or some 11% of total funding in Europe (which in this case includes the EU, Switzerland, Norway, UK, and Israel). With some €400bn in total enterprise value…

This story continues at The Next Web

If you’ve ever seen yourself through a thermal imaging camera, you’ll know that your body produces lots of heat. This is in fact a waste product of our metabolism. Every square foot of the human body gives off heat equivalent to about 19 matches per hour. Unfortunately, much of this heat simply escapes into the atmosphere. Wouldn’t it be great if we could harness it to produce energy? My research has shown this would indeed be possible. My colleagues and I are discovering ways of capturing and storing body heat for energy generation, using eco-friendly materials. The goal is to…

This story continues at The Next Web

The European Space Agency has given the go-ahead for initial work on a mission to visit an asteroid called (99942) Apophis. If approved at a key meeting next year, the robotic spacecraft, known as the Rapid Apophis Mission for Space Safety (Ramses), will rendezvous with the asteroid in February 2029. Apophis is 340 metres wide, about the same as the height of the Empire State Building. If it were to hit Earth, it would cause wholesale destruction hundreds of miles from its impact site. The energy released would equal that of tens or hundreds of nuclear weapons, depending on the…

This story continues at The Next Web

When Apple’s version of AI, branded as Apple Intelligence, rolls out in October to folks with the company’s latest hardware, the response is likely to be a mix of delight and disappointment. The AI capabilities on their way to Apple’s walled-garden will bring helpful new features, such as textual summaries in email, Messages and Safari; image creation; and a more context-aware version of Siri. But as Apple Intelligence’s beta testing has already made clear, the power of these features falls well below what is on offer from major players like OpenAI, Google, and Meta. Apple AI won’t come close to…

This story continues at The Next Web

Or just read more coverage about: Apple

While many people in the creative industries are worrying that AI is about to steal their jobs, Oscar-winning film director James Cameron is embracing the technology. Cameron is famous for making the Avatar and Terminator movies, as well as Titanic. Now he has joined the board of Stability.AI, a leading player in the world of Generative AI. In Cameron’s Terminator films, Skynet is an artificial general intelligence that has become self-aware and is determined to destroy the humans who are trying to deactivate it. Forty years after the first of those movies, its director appears to be changing sides and…

This story continues at The Next Web