4x global innovation: NATO’s first deep tech investments and VEIR’s power transmission technology

By Alma Paunero Martorell

1. Apple’s Innovations Await EU Green Light

Apple’s latest AI advancements are poised to revolutionize user interaction, pending approval from the European Union. The tech giant introduced Apple Intelligence earlier this month, highlighting its partnership with OpenAI to integrate ChatGPT into iPhones. However, regulatory hurdles in the EU have delayed the launch.

Once approved, Apple Intelligence promises to significantly enhance Siri, enabling it to rewrite text, generate images, and summarize web pages. Additionally, new features like iPhone Mirroring and an upgraded SharePlay Screen Sharing in FaceTime will offer seamless cross-device control and collaboration. These innovations underscore Apple’s commitment to pushing the boundaries of AI technology.

Apple delays launch of AI products in Europe. But: here’s what’s coming

Europe will have to wait longer for Apple’s “smart Siri” and other new AI products. Due to uncertainties surrounding EU regulations designed to limit the … Continued

2. NATO Innovation Fund’s High-Tech Investments

Earlier this month, the NATO Innovation Fund announced that it’s investing €1 billion in European high-tech companies focused on AI, robotics, and space technology. Established in response to geopolitical tensions, the Fund aims to support groundbreaking defense technologies.

Among the beneficiaries are ARX Robotic, known for its modular robotic systems; iCOMAT, which develops advanced composite materials; Isar Aerospace, a pioneer in cost-effective space access; Fractile, enhancing AI efficiency; and Space Forge, which is creating new materials in microgravity. These investments will provide financial support to the businesses for 15 years, fostering innovation crucial for both defence and security applications.

3. VEIR’s Breakthrough in Power Transmission

VEIR, is transforming power transmission with technology capable of moving significantly more power over long distances, without the need for extensive new infrastructure. In Woburn, Massachusetts, VEIR deployed a power line capable of carrying five to ten times the amount of electricity compared to conventional lines, utilizing standard utility poles. This innovative approach is crucial for overcoming regulatory and community resistance, particularly in the U.S. and Europe, where upgrading power distribution is vital for renewable energy adoption and grid resilience. VEIR aims to complete its first commercial-scale pilot by 2026, marking a significant step toward revolutionizing energy transmission.

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4. TechWolf’s AI-Driven Skills Infrastructure

Belgian AI company TechWolf has secured €39.8 milion in Series B funding, led by Felix Capital, to further develop its AI infrastructure for skills. The Ghent-based firm has experienced a 12 times revenue increase in the past 2 years. TechWolf’s technology uses advanced AI language models to identify employee skills through digital interactions, eliminating manual assessments. This skills-first approach to talent management is already benefiting major clients like United Airlines, Booking.com and KLM. The new funding will enable TechWolf to expand its U.S. presence and continue enhancing its AI capabilities, positioning it as a leader in the AI-driven HR tech space.