The Technical University of Denmark’s new spinout fund, PSV Hafnium, has raised €60 million. Its mission is to commercialize hard science from Nordic labs, focusing on areas like quantum computing and clean energy, not just AI software.
According to a new report, the global digital substation market is on a steady climb. Valued at $7.91 billion in 2024, it’s forecast to reach $13.71 billion by 2032. The push for modern, resilient power grids is the key driver.
McKinsey is reportedly planning to cut thousands of jobs, with reductions of up to 10% for some teams. The move comes as the firm deploys its own AI assistant, Lilli, which can cut research time by 30%. This signals a massive structural shift for the entire consulting industry.
Cincoze has unveiled its MD-3000 series, a new line of scalable DIN-rail computers built for smart manufacturing. It packs a 14th Gen Intel Core CPU and modular expansion into a rugged, compact chassis designed for harsh industrial settings.
Adobe is transforming its Firefly AI from a simple generator into a full video editing workspace. The key upgrade allows for text-prompt-based editing and integrates powerful new models from Runway and Topaz Labs. To keep users engaged, Adobe is offering unlimited generations on certain plans until
Apple has seeded the first beta of iPadOS 26.3 to developers. Following an annual pattern, this is expected to be a light update before the company’s holiday hiatus, with major new features unlikely.
Red Hat is acquiring AI startup Chatterbox Labs to bolster the safety features of its enterprise AI platform. The plan is to open source the technology, making advanced model monitoring tools more accessible.
A new standard initiative aims to untangle the messy controller layer of software-defined optical networks. Led by ZTE, the TAPI standard seeks to create a common language for different vendors’ equipment, a key step toward fully automated, AI-driven networks.
A new partnership tackles the massive problem of toxic PFAS in firefighting foam. It combines a destruction technology for old stockpiles with a full suite of fluorine-free foams and equipment to replace them.
A major coalition of state attorneys general has sent a formal warning to leading AI companies. The letter states that AI “hallucinations” causing harm could lead to legal consequences under state consumer protection laws.
