Northzone’s Post

You've probably already spotted... it's London Tech Week!  The largest festival of UK tech to date, with 25,000 people expected at Olympia this week, getting up to 45,000 across the entire fringe. This year we’re highlighting the truly impressive growth in the UK's AI and critical technology sectors, demonstrating the UK’s position as a global tech superpower. As part of this, Tech Nation launched its annual report, which found the UK AI sector reached a combined market valuation of $92bn in Q1 2024. The UK has secured its position as number one in Europe for AI investment – now home to 1,800 VC-backed AI startups and 20 AI unicorns. Check out Founders Forum Group & Tech Nation CEO Carolyn Dawson on Bloomberg this morning: https://lnkd.in/eUB9rixj And read the report here: https://lnkd.in/eXPZzKNF Francesca Arese Lucini Emily Miller Marco De Novellis Imogen Granger Ellie Steel Brent Hoberman

🚀 Collaboration at its finest! ETH AI Center and Google have joined forces to push the boundaries of #AI innovation even further. 💡 Did you know that Google's presence in #Zurich has evolved from a humble start with just 2 people in 2004 to a thriving hub with over 5000 "Zooglers" today? This growth not only showcases the tech prowess of the Greater Zurich Area but also fuels its status as an #innovation powerhouse. For example, Ex-Googlers have kickstarted over 110 companies, employing over 1700 people, amplifying the region's entrepreneurial spirit. 🤝 By deepening their ties, Google and ETH Zurich forge ahead in AI exploration within the #GreaterZurichArea. This dynamic partnership is a testament to our region's unique fusion of academia and industry, driving R&D and technological breakthroughs. 🔍 Want to be a part of this dynamic #ArtificialIntelligence ecosystem? Learn more about it here: https://lnkd.in/ebxq-DPP. To dive deeper into the collaboration between Google and ETH AI Center, read this NZZ article (in German): https://lnkd.in/d8D-dz8X

𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐓𝐞𝐜𝐡 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐅𝐢𝐧𝐝𝐬 𝐢𝐭𝐬 𝐒𝐢𝐥𝐯𝐞𝐫 𝐋𝐢𝐧𝐢𝐧𝐠 𝐢𝐧 𝐀𝐈 🤖 2023 saw European tech funding recalibrate to $45 billion, mirroring pre-Covid levels. Amidst this readjustment, AI stood tall, with 11 companies securing mega rounds north of $100 million each. ✨ While U.S. and Asian investments dialed back, Europe's tech resilience shines, marking a 19% growth against the global downtrend. 🌍💼 AI's prominence in seed funding and Europe's leadership in AI talent highlight an ecosystem ripe for innovation. Despite a quiet IPO scene, the stage is set for a new wave of public offerings and M&A activity. Europe's tech story is one of grit and adaptation - what's your vision for its future? 🚀 #EuropeanTech #AI #VentureCapital #Innovation

𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫 𝐅𝐨𝐮𝐧𝐝𝐞𝐫 𝐕𝐢𝐬𝐚! Businesses are increasingly recognizing the impact of weather on their operations. While wind and solar energy companies rely on accurate weather predictions for optimal production, even unexpected sectors like food delivery, represented by Deliveroo, consider weather's influence on traffic and delivery times. In 2021, DeepMind, in collaboration with the UK's Met Office, utilized AI to forecast precipitation using radar observations. The AI system surpassed traditional numerical forecasting methods in accuracy, though it faced challenges forecasting beyond about 90 minutes. Major players with AI expertise are also entering the field. Huawei's Pangu-Weather, trained on 39 years of weather data, claims to produce accurate week-ahead predictions at incredible speeds. Nvidia's FourCastNet can predict hurricanes and heavy rain a week in advance in just two seconds. Looking ahead, the European Commission aims to complete ""Destination Earth"" by 2030—an AI-powered simulation that models short-term weather patterns and long-term climate changes. As AI continues to transform weather forecasting and modeling, businesses and researchers are poised to leverage its capabilities to better understand and adapt to complex weather patterns and climate changes. Attention all visionary entrepreneurs developing solutions to evaluate weather-related risks in supply chain and operational contexts for businesses! The moment has arrived for you to seize the opportunity and apply for the Innovator Founder Visa. Elevate your business onto the international stage and foster its growth in this pivotal time. Your innovative approach can reshape how industries manage and mitigate weather-related challenges. Don't miss out—this is your gateway to global expansion and impact! Write to us at [email protected] website: www.themistl.co.uk #InnovatorFounderVisa #FounderVisa #StartupVisa #EntrepreneurVisa #InnovationNation #TechEntrepreneurs #StartupLife #BusinessInnovation #GlobalInnovation #entrepreneurshipjourney

If you are in Berlin, check out this cool event from Anna Schiller and the whole Trilligent team on “Navigating Regulatory Uncertainty: Startups and the AI Act”!

🎉 Exciting news! ✨ We are thrilled to announce that Challenger Project has recently become a proud member of AI Chamber CEE - a groundbreaking new institution fostering the responsible development of Artificial Intelligence across Central and Eastern Europe. 🌍 As part of this newly-formed network that includes startups, small and medium-sized companies, NGOs, and other organizations, we stand alongside nearly 50 entities committed to shaping a future where AI not only supports achieving business goals but does so responsibly and ethically. 💎 AI Chamber's objectives align perfectly with our daily commitments to pushing the boundaries of what AI can accomplish, while ensuring we adhere to the highest standards of innovation and integrity. 💡 The future of AI is bright, and with the AI Chamber, we are poised to lead the charge in ensuring it's also a future marked by socially thoughtful and dynamic growth. #AIChamber #ChallengerProject #ArtificialIntelligence

Step into the Future at the Manila Tech Summit 2024! Discover the unrivaled potential of AI at the Manila Tech Summit, held at the prestigious Marriott, Newport Resorts World in Pasay City on August 6-7, 2024. This groundbreaking summit, presented by the FinTech Alliance PH in collaboration with Graphen, Inc. as its knowledge partner unfolds under the banner "AI Unlocked: Shaping Our Digital Future." Don't miss this opportunity to engage with top industry leaders, innovative startups, and world-class academics as they explore the forefront of AI technology and its transformative impact on our digital landscape. Whether you're a business professional, a tech enthusiast, or simply intrigued by the future of artificial intelligence, this summit is your gateway to the next wave of digital evolution. Secure your spot now and be part of shaping our digital future at the Manila Tech Summit 2024. Your future self will thank you! For more information and registration, visit fintechalliance.ph #ManilaTechSummit2024 #AIUnlocked #DigitalFuture #GraphenxFintechPH #FinTechAlliancePH