Latest Technology News
Axelera AI Secures Over €200 Million in Funding
European AI semiconductor company Axelera AI raised more than €200 million, the largest investment in an EU AI chip firm, backed by the European Innovation Council. The funds support global growth in edge AI hardware for telecom, aerospace, and enterprise sectors, addressing energy and data sovereignty challenges. Deployment spans over 500 customers worldwide.
Wayve Raises $1.2 Billion for Autonomous Driving AI
UK firm Wayve secured $1.2 billion in Series D funding from Microsoft, NVIDIA, Uber, and automakers like Mercedes-Benz to deploy its embodied AI platform globally. The technology enables L2+ to L4 autonomy across vehicles and markets, with robotaxi trials via Uber in 2026 and consumer vehicles in 2027. Investors praise its shift from research to production-ready scalability.
Geoffrey Hinton Predicts AI Will Dominate Work by 2026
AI pioneer Geoffrey Hinton forecasts that by 2026, AI could replace human workers in tasks like call centers and software engineering, boosting productivity dramatically. He notes AI improves every seven months, handling month-long projects with minimal human input, but warns of job disruptions and deception risks. Companies are already cutting staff for AI efficiency.
Quantum Breakthrough Tracks Qubit Fluctuations in Real Time
Researchers at NBI developed a system monitoring qubit performance 100 times faster than before using FPGA hardware, identifying shifts from good to bad states instantly. This advances stabilization for scalable quantum processors. The real-time tracking addresses rapid qubit changes in fractions of a second.
Kyndryl and University of Liverpool Partner on Agentic AI in Healthcare
Kyndryl collaborates with University of Liverpool's Civic Health Innovation Labs to develop agentic AI blueprints for healthcare using Kyndryl's framework. The partnership applies AI expertise to real-world health services for 1.6 million residents and beyond. It combines global tech with university research for next-gen technologies.
2026 Industrial AI Trends: Rise of Agentic Systems
Manufacturing shifts to agentic AI with A2A and MCP protocols enabling 'digital assembly lines' for end-to-end processes. Case studies show ROI like 95% query time reduction at Suzano and 80% automation at Danfoss. Agents provide personalized floor management and operational insights.
Akbank Launches Mambu Core Banking in Germany
Akbank went live on Mambu's core banking platform in Germany, highlighting February's top banking tech stories. This is part of global core upgrades including Temenos and TCS Bancs adoptions.
Stanford's Optical Cavities Advance Quantum Computing Scale-Up
Stanford researchers created miniature optical cavities to help quantum computers scale using light-based breakthroughs. This innovation supports more efficient quantum systems.
Tsinghua's Optical Processor Speeds AI at Light Speed
Tsinghua University's OFE2 optical engine processes AI data at 12.5 GHz with lower latency and power use, demonstrated in imaging and trading. It integrates diffraction for high-performance tasks.
SBS Bank Selects Engine by Starling for Core Upgrade
New Zealand's SBS Bank chose Engine by Starling for its core banking upgrade, among February's key fintech moves. Other migrations include BNF Bank to Temenos and ConnectPay's in-house system.
Black Hat Asia 2026 Focuses on AI Threats and Supply Chain Risks
Black Hat Asia 2026 will unveil research on escalating cybersecurity risks from AI threats and supply chain vulnerabilities. The event addresses growing tech security challenges.
Global Digital Compact Shapes 2026 AI Governance
2026 emerges as pivotal for UN-led global AI governance, drawing lessons from the Global Digital Compact to match rapid tech evolution. Focus is on real-time policy adaptation.