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Norways first sustainable and secure AI cloud service demonstrates how countries can maintain data sovereignty while advancing green computing initiatives. Building on 170 years as a telecommunications provider, Telenor opened Norways first AI factory in November. Learn more in the full report. Its about building a greener world.
publicly listed software and services company that targets engineering and design industries, has acquired Norway’s Spacemaker , a startup that has developed AI-supported software for urban development. real estate technology fund Round Hill Ventures and Norway’s Construct Venture. Autodesk, the U.S.
It would mean the realization of a full-chain carbon dioxide removal service that the two companies called a necessary component of the efforts to reverse global climate change. The first issue is the need to set a global price for carbon dioxide emissions that would make the projects economically viable.
Into this space has appeared imove out of Norway, with what appears, at least, to be a new twist on the whole thing: a white-label platform offered to industry to enable it to offer these car subscription services under their own brands. Cazoo (after its acquisition of Drover) and Care by Volvo Hertz, to name just a few.
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. trillion industry in 2020 to nearly $3 trillion within the next five years.
Our population churns out 181 patents per million inhabitants ranking us #8 in the world – ahead of the US, South Korea and Norway. At home we have entrepreneurs who think global day one. We have 30 procedures to go through when starting a legal business entity – ranking us #5 globally of light bureaucracy when incorporating.
The last year — shaped by a global health pandemic — has been all about bringing more services online and into the cloud, so people and businesses that can no longer do things like banking or selling/shopping in person can still get things done. . It has now raised €175 million in total. It is live in Sweden, U.K.,
“If you take a look at the European Union, even Germany itself, there’s a strong focus on the automotive industry. The space industry] is a huge opportunity at the same time to build up another economical pillar that can be extremely profitable,” he said. Probably you’re going to have three to four players in the U.S.,
Car subscription platforms, especially ones that offer electric vehicles like Onto in the UK and imove in Norway, are taking off as trends like usership over ownership, online shopping and EV usage rise. The company says the price listed online includes insurance, maintenance and roadside assistance.
And when XPeng rolled its first exported electric vehicles off a boat in Norway last week , it accomplished something many of its peers have sought: expansion into new markets. Public offerings, global expansions — these were all goals of startups that faltered. Turning down money, in this economy?
In the last year alone, 21 million users were added globally. Klarna’s direct to consumer app, which sits alongside its 200,000 strong merchant point of sale integrations, has 14 million active users globally. Today, the company boasts a registered customer base of 90 million, 11 million of which are in the U.S.
The startup, based out of Oslo, Norway, initially made its name with an app called Timely , a tool for people to track time spent doing different tasks. Kjartan Rist, a partner at Concentric, added: “We continue to be impressed with Memory’s vision to build and launch best-in-class products for the global marketplace.
“Obviously we have been on the right side of a global pandemic. And if you look back the mega trend was obviously there long before the pandemic but the pandemic has accelerated the trend and it has served us and the industry well in terms of anchoring what we do.
In the last year alone, 21 million users were added globally. Klarna’s direct to consumer app, which sits alongside its 200,000 strong merchant point of sale integrations, has 14 million active users globally. Today, the company boasts a registered customer base of 90 million, 11 million of which are in the U.S.
Thing is, in order for humanity to avert climate catastrophe, major reductions in global CO2 emissions are required — so, essentially, less consumption overall. Its website also talks up its use of carbon offsetting and other initiatives to shrink environmental impact. It’s certainly a thought.
Next week, Extra Crunch will feature stories on the state of holographic tech in vehicles, the second-life battery marketplace and software plays in the micromobility industry. The next-generation operating system that will provide those upgrades, codenamed “Briggs,” will be uploaded to its global fleet of LINK e-scooters.
That said, Norway’s VC community has been somewhat dormant for a while. High-profile players like Northzone and Creandum did well with early entries into Spotify and Klarna, among others, and now Norway is catching up with the rest of the European hubs. Are there startups that you wish you would see in the industry but don’t?
Norway abandoned its contact-tracing app on Monday after it reached just 10 percent adoption.) But a heated election year and a global pandemic are creating the perfect conditions for inaction or hasty corner-cutting. Industry. ? Annie Palmer / CNBC). Brian Fung / CNN). mostly pretty persuasive. Ingrid Lundgren / TechCrunch ).
government is on a global egg hunt, seeking exports from countries in Europe and elsewhere to ease a severe shortage that has caused egg prices at grocery stores to hit record highs. Department of Agriculture approached to address the shortage brought on by a bird flu outbreak , according to European industry groups. An improving U.S.
-Japan relations and Korean Prime Minister Han Duck-soo called for emergency measures to support industries affected by the tariffs. Here’s the latest: Norway’s foreign minister says tariffs hurt NATO allies Norway’s Foreign Minister Espen Barth Eide said the new U.S. futures tumbled. It said the U.S.
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