Prättigau/Davos gains mountain region competence center
Chur - The University of Applied Sciences in Graubünden is opening a living lab in the Prättigau/Davos region on July 22. It will be established as a mountain region competence center with interested parties on site helping to solve regional challenges.
NorthC Group to open data center in the Greater Zurich Area
Winterthur - The NorthC Group is opening a data center in Winterthur. In so doing, the Dutch service provider is further expanding its footprint in Switzerland. The first customer for the new Winterthur location is the IT firm Kyndryl Switzerland.
House of Lab Science opens in The Valley
Kemptthal - Young food and biotech companies can occupy fully equipped and maintained labs in The Valley from March 2025. The owners of the former Maggi area are fully kitting out the 1,500 square meters of the new House of Lab Science, which is looking for suitable renters for this space.
Fintech TP24 secures 400 million Swiss francs of funding
Zurich - The fintech company TP24, an international lender for SMEs operating out of Switzerland, has secured financing of 400 million Swiss francs. The investors are two of London's financial institutions - Barclays and M&G Investments.
Binance Labs invests 15 million dollars in Xterio
Zug - Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has invested 15 million dollars in Web3 game platform Xterio from the Greater Zurich Area. Xterio plans to use this investment to expand its artificial intelligence capabilities.
ETH and Google discover the learning capabilities of AI models
Zurich - Researchers at the Swiss Federal Institute of Technology in Zurich and Google have shown that transformers – a particular artificial neural network architecture – are teaching themselves a technique to learn new things. The model has implemented a learning algorithm on its own.
IBM Research and Pixmap training AI at Dübendorf Air Base
Rüschlikon ZH/Bern - The Zurich-based research team of IBM is developing an innovative Artificial Intelligence (AI) foundation model as part of an inspection project at Dübendorf Air Base to detect cracks in runways. To this end, it is analyzing images recorded by drones from the Bern-based firm Pixmap.
Biogen gets green light to commence activities at Luterbach plant in Solothurn
Luterbach/Cambridge - The US biotech firm Biogen has received approval for its Alzheimer’s drug Leqembi in the USA. This means that production activities in Luterbach in the canton of Solothurn can now get under way. The drug will initially be exclusively manufactured in Switzerland.
Eightinks seeking to develop circular car batteries
Schlieren ZH - Eightinks is developing a technology for the mass production of lithium-ion solid state batteries. In this context, the start-up’s focus is on the circular economy. At present, Eightinks is in the process of building its own lab and is also on the hunt for partners.
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