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Telenor Builds Norway’s First AI Factory, Offering Sustainable and Sovereign Data Processing

NVIDIA AI Blog

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.

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Spacemaker, AI software for urban development, is acquired by Autodesk for $240M

TechCrunch

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.

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Two European companies are mapping a future service for direct air capture to sequestration of CO2

TechCrunch

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.

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Norway’s electric car subscription service imove closes $22.3M Series A led by AutoScout24

TechCrunch

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.

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Autonomous and electric truck company Einride raises $500M in equity and debt

TechCrunch

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.

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Taking stock of the Dutch tech cluster: What The Netherlands needs to win the European startup scene

The Next Web

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.

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Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

TechCrunch

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.,

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