A €91M bet on the diamond microscope that could be Europe’s next ASML
Europe uses about a fifth of the world’s chips, but makes only a tenth of them. A three-year-old Munich startup thinks it can help close that gap, and Brussels has just backed the bet. QuantumDiamonds is a spin-out of the Technical University of Munich. It has raised €91M to scale a new way of finding […]<br /> This story continues at The Next Web [...]
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Venus Aerospace raises $91M to build its ‘detonation’ rocket engine
A Texas startup has raised $91m to build a rocket engine most of the industry once wrote off as too hard. Venus Aerospace announced a $91m Series B to develop its Rotating Detonation Rocket Engine, or [...]
Mistral AI launches Vibe, expands into industrial AI and announces data center push to challenge OpenAI
Mistral AI used its first-ever developer conference on Wednesday to announce a sweeping expansion into industrial manufacturing, a new inference data center south of Paris, and a rebranding of its con [...]
Mistral AI wants to build 1 gigawatt of European compute by 2030 — and lock in customers now.
Mistral AI wants to turn European AI sovereignty from a talking point into a product — one with a service-level agreement attached.The French artificial intelligence company announced Tuesday a thre [...]
Trump’s isolationism can be ‘best thing that happened’ to Europe, says ex-ASML chief
ASML’s former CEO believes Donald Trump’s reelection presents a golden opportunity for Europe. Peter Wennink, who led ASML to become the continent’s most valuable tech company, sees a chance for [...]
ASML rebounds from DeepSeek hit, expects AI advance to boost demand for chips
Shares in ASML have bounced back from the hit inflicted by DeepSeek’s AI advances. Celebrating the results, ASML predicted that the sudden emergence of low-cost models will boost demand for the firm [...]
Anthropic's "AI microscope" reveals how Claude plans ahead when generating poetry
Anthropic’s new "AI microscope" offers a limited view into the internal representations of its Claude 3.5 Haiku language model, revealing how it processes information and reasons through c [...]
ASML plans to build EUV machines 30% faster as AI demand outstrips its production capacity
ASML is working to cut the time it takes to build and test its extreme ultraviolet lithography machines by roughly a third, CFO Roger Dassen told reporters on Wednesday. The cycle time, the period bet [...]
ASML shares fell 6.5% after a report that China has started mass-producing DUV lithography tools
ASML shares fell as much as 6.5% in Amsterdam on Monday after The Information reported that a Shanghai-based company has begun mass-producing immersion deep ultraviolet lithography tools. The machines [...]