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The race to build a functional quantum computer has entered a new stage. IBM has announced a major breakthrough in error correction that solves one of the fundamental problems of the technology. Crucially, the solution is based on widely available components, which could dramatically accelerate commercialisation.…

Today’s technological revolution has an epicentre, and that is undoubtedly artificial intelligence. It is not just another innovation; it is a fundamental force transforming the global economy, military strategy and social fabric. In this new era, marked by an unprecedented pace of change,…

Rubicon Partners, a fund known for building deeptech and IT companies, is entering the defence market – it has become a shareholder in Polish Innovation Labs (PIL), a manufacturer and distributor of small-calibre ammunition. Remigiusz Talarek’s Elephant Rock Family Foundation and a group of business…

German drone manufacturer Quantum Systems is gearing up for a €150 million funding round which, according to Manager Magazin magazine sources, could raise the company’s valuation to €3 billion. This is a threefold increase compared to the last valuation and a clear signal of how fast…

UK start-up Nscale, which specialises in infrastructure for artificial intelligence, has signed an extended deal with Microsoft. As part of the collaboration, the company will supply around 200,000 Nvidia chips to data centres in the US and Europe – one of the largest contracts…

Poland is joining the ranks of countries that are investing realistically in infrastructure for advanced artificial intelligence. After Poznań’s PIAST AI Factory comes the Gaia AI Factory – a new centre in Kraków, built by a consortium led by the Academic Computer Centre Cyfronet AGH. The…

Jeff Bezos, founder of Amazon, charts a vision of the future in which the gigawatt data centres powering the development of artificial intelligence leave Earth and move into orbit. In his view, this will happen in the next 10-20 years. The main argument is…

Record amounts of venture capital funding are flowing into AI startups, but leading global investors are beginning to publicly warn of disconnected valuations. There is growing concern that the early-stage AI sector is becoming overheated, with fear of falling behind (FOMO)…

The European Central Bank has taken a key step towards the realisation of the digital euro by selecting Portuguese startup Feedzai as the main provider of an AI-based fraud detection system. Under the framework agreement, Feedzai, together with PwC, is to develop a transaction…

Creotech Instruments has announced a significant expansion of its collaboration with the European Space Agency (ESA) on the CAMILA project – a new addendum raises the value of the contract to more than €59 million, of which €29.1 million will accrue to Creotech alone. This…