OpenAI sets up office in Zurich
San Francisco/Zurich - OpenAI is coming to Zurich. The creator of ChatGPT has poached three chief engineers in computer vision and machine learning from the Zurich-based office of Google subsidiary DeepMind. They will work on multimodal models for artificial intelligence.
Liom ahead of Google and Apple in glucose monitoring
Pfäffikon/San Francisco - Throughout 2024, Liom has seen success in various studies on its first non-invasive glucose monitoring wearable. It is making headway on the miniaturization of its technology. The recently launched Series A financing round will help pave the way for market launch by mid-2027.
The Cultured Hub supports the development of sustainable food
Lindau - Migros, Givaudan and the Bühler Group have established a hub for the development of sustainable food. The Cultured Hub provides companies with lab space and equipment, in addition to opening up access to a wider network of partners. On December 3, the cutting-edge biotech facility was inaugurated.
Gothenburg joins the Choose Europe initiative – An other milestone for global business collaboration
What does the region of Gothenburg have in common with Greater Zurich? Both are key players in Choose Europe, the initiative simplifying international business expansion.
Oxyle launches first PFAS destruction system in Switzerland
Schlieren - Oxyle has successfully put into operation its first PFAS destruction system at a contaminated location in Switzerland. The installation treats groundwater contaminated by the use of firefighting foam.
BMW cars move through production without drivers thanks to Embotech
Zurich/Munich - Embotech has played a vital role in the successful BMW automated driving in production pilot project. The drive-planning software developed by Embotech steers, brakes, accelerates and parks the driverless vehicles. The project has now received CE certification and series production has been initiated.
Cradle raises US$73 million
Kilchberg/Amsterdam - Cradle has raised US$73 million in a Series B funding round. The biotech startup in the canton of Zurich will use the funds to accelerate adoption by scientists of its AI platform for the artificial generation of proteins.
Beaconsmind to form Swissnet Group together with Swissnet and Lokalee
Wollerau/Berg/Dubai - Beaconsmind has agreed a takeover deal for Swissnet AG, Swissnet ICT and Lokalee. In so doing, beaconsmind is accelerating its strategic realignment from a single-product company to a comprehensive provider of IT infrastructure and SaaS solutions. In 2025, beaconsmind will be rebranded as the Swissnet Group.
RoBoa, Oxyle and Bystronic win the Swiss Technology Award
Zurich/Schlieren/Niederönz - The finalists of the Swiss Technology Award have presented their projects to around 1,000 attendees at the Swiss innovation platform Open-i. In the end, RoBoa was named as the winner of the Inventors category, while Oxyle and Bystronic emerged victorious in the categories of Start-ups and Industry Innovation respectively.
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