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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.
Herlock.ai facilitates interaction with legal documents
Zurich - Lawyers can interact with case documents with the help of Herlock.ai. Upon request, Herlock uses natural language to establish relationships between various pieces of data and to summarize the facts. In addition, the system is able to handle citations and provide additional links.
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.
ANYbotics robot team targets the moon
Zurich - Swiss researchers have equipped robots originally developed in Zurich with measurement instruments for missions to the moon and taught them to work as a team. The project won the European Space Resources Challenge and is to be developed further.
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.
Switzerland retains top spot in EU Innovation Scoreboard
Brussels - Switzerland has secured its position as the most innovative country in the European Commission's European Innovation Scoreboard 2023. It performed particularly well in education-related and environment-related indicators, and scientific publications.
Image recognition tool added to FlorApp
Birmensdorf - The Swiss Federal Institute for Forest, Snow and Landscape Research (WSL) has integrated image recognition software in the FlorApp developed by the data center Info Flora. This makes accurate identification easier. Research services potentially stand to benefit from a greater volume of higher-quality data.

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