View this email in your browser

If you are not already a subscriber and wish to subscribe to The Innovator's newsletter please click here
If you are an Innovator Radar subscriber, click here to manage your account
The Innovator's Radar newsletter enables you to stay on top of the latest business innovations. Enjoy this week's edition.
Jennifer L. Schenker
Innovator Founder and Editor-in-Chief

Situated in what now constitutes the border triangle between Switzerland, Germany and France, the Swiss city of Basel has almost always been part of a frontier, at one point serving as a meeting point of the Holy Roman Empire, the Kingdom of Germany and the Duchy of Burgundy.

Now, thanks in large part to an investment of half a billion Swiss francs from the Staehelins, a family with roots in the city dating back 500 years, Basel is positioning itself at the nexus of digital frontiers: quantum computing and AI.

QuantumBasel, Switzerland’s first commercial quantum computing hub, aims to help corporates and startups test the ability of hybrid quantum and AI solutions to solve intractable problems. In the two years since its launch it has conducted around 15 projects with companies, startups, and universities, including Pfizer, Vinci Energies and Cancer Genomics Consults.

“We envision a future where organizations harness quantum technology's revolutionary power to drive transformative progress across industries,” says Quantum Basel CEO Damir Bogdan, an experienced technology industry executive and expert on the  impact of tech on future business strategy.

READ MORE
Share Share
Tweet Tweet
Share Share
Stay on top of the latest business innovations and support quality journalism. 
Subscribe to get unlimited access to all of The Innovator's independently reported articles.
Subscribe

 -   I N T E R V I E W  O F  T H E  W E E K  -

Samir Abbassi, Thales Group's
GenAI Value Lead

 
Who: Samir Abbassi currently serves as Thales Group’s Digital Business Coach and GenAI Value & Group Agile Marketing Lead. His work at Thales, a French global high tech leader in defense, aerospace, cyber and digital, focuses on driving digital business-oriented transformation for the Group worldwide while also maximizing the value of Generative AI.

Topic:  AI driven workplace transformation

Quote: "Start small, test fast, learn fast, and fail fast but that doesn’t mean you need to do everything fast. It is true that things are moving very quickly in the AI sector. While it is important to move faster than corporations usually do it is worth taking a bit of time to develop a framework that includes people, processes, and a clear vision."

 
READ MORE
Share Share
Tweet Tweet
Share Share

 -  S T A R T U P  O F  T H E  W E E K  -

Innatera, a spin-off of Delft University in the Netherlands, is developing a new breed of microprocessors that aim to bring brain-like intelligence to sensors. Adding intelligence at the edge is expected to enable a whole range of applications in the IoT, automotive, healthcare and other industries and potentially help usher in an age of privacy-preserving personalized AI on mobile devices.

The Dutch scale-up specializes in neuromorphic computing, a technology that aims to mimic how the human brain works, slashing the memory and power requirements of AI by orders of magnitude. The technology is gaining traction as the limitations and energy demands of traditional AI architectures become increasingly apparent.  Rather than performing sequential operations on data stored in memory, neuromorphic chips use networks of artificial neurons that communicate through spikes, much like real neurons.

Innatera, another neuromorphic chip company called Gemesys, and Seth Bannon, a Silicon Valley investor at the venture capital firm Fifty Years, talked about this trend during a panel moderated by The Innovator’s Editor-in-Chief at the Hello Tomorrow conference in Paris on March 13.

READ MORE
Share Share
Tweet Tweet
Share Share

 -  N U M B E R  O F  T H E  W E E K -

55%
Percentage of carbon emissions the European steel sector needs to cut by 2030 to align with climate targets. This week's news included a step in that direction: the signing of an agreement to help decarbonize the sector with nuclear-powered green steel production. newcleo, a European scale-up that makes lead-cooled fast reactors (LFRs), announced on March 10 that it had signed an agreement with Italy's Danieli Group, one of the world's top three manufacturers of plants and machines for the metals industry. The two will work to develop integrated solutions that rely on newcleo’s LFRs to provide both the electricity and high-temperature heat required to feed some of the Danieli technologies processes for green steel production. The companies said the agreement could lead to energy supply solutions across the iron and steel value chain, including in applications linked to the Danieli Digital Melter and possibly the production of green hydrogen to power Danieli’s Energiron direct reduction technology, which is used to make metallic iron.

In late February  the EU Commission adopted a Clean Industrial Deal to help energy-intensive industries lower their energy costs while also creating markets for low carbon. It pledged over €100 billion in support of EU-made clean manufacturing and to accelerate the development and deployment of small modular reactors (SMRs) like those developed by newcleo.

Share Share
Tweet Tweet
Share Share

 -  W H A T  T O  K N O W  -  



Google DeepMind unveiled new AI models that are designed to give robots the human-like ability to comprehend and react to the world around them as well as safely take action to get things done.

Everyone In AI Is Talking About Manus. a new general AI agent from China.



 
, opens new t

 -  E V E N T S  -  

The Innovator's Editor-in-Chief Will Be Moderating At The Following Events:
  • Hello Tomorrow Global Summit March 13-14, Paris, France
  • Sparks Innovation Summit, March 28, Tel Aviv, Israel
Twitter
Facebook
LinkedIn
Copyright © The Innovator

You can update your newsletter preferences or unsubscribe from this list.
If you are an Innovator Radar subscriber click here to manage your premium subscription.

 
 ͏  ͏  ͏  ͏ ͏  ͏  ͏  ͏ ͏  ͏  ͏  ͏ ͏  ͏  ͏  ͏ ͏  ͏  ͏  ͏ ͏  ͏  ͏  ͏