The Innovation Report
EU backs $100m venture capital fund for ‘Industry 5.0’ (Industry 4.0 with-a-conscience)
Zurich-based venture capital group Momenta has launched a $100 million target fund for ‘Industry 5.0’ tech – basically, for startups pushing Industry 4.0 with-a-conscience. The new fund is backed by the European Commission, which told IoT Solutions World Congress...
Unearthing Electric Mobility: From Oil To Rare Earth
Almost everyone is aware of the many issues facing the planet and its population. There are three key issues that I like to call the 3Ps that stand out among others: pollution (particulate matters, Nox, SO2), planet (greenhouse gases, or GHG) and poverty (inflation...
EVs Too Expensive Because Americans Want More Car Than They Need
Americans tend to think a bigger car is a better car. The most popular vehicle segments in the US are SUVs and pickup trucks. The Ford F-Series has been the country's top-selling vehicle for more than 40 years — followed last year by the Chevrolet Silverado, Ram...
D.C. Proposes 7,500 EV Charging Stations In Four Years
The District has about 250 electric vehicle charging stations, a number that some city officials say is inadequate to meet the growing demand for EVs in the nation’s capital. City leaders are hoping to grow that number 30-fold, proposing to put 7,500 charging stations...
AI Bill Of Rights: Kickstart Debate On AI Bias
OpenAI’s ChatGPT AI language tool is making waves in the media right now, with millions around the world using it to generate everything from haikus to code. As remarkable as it is, its success is overshadowing another milestone that is even more significant: the...
Robots Could Surpass Amazon Workers By 2030
The growth of automation in the workplace will accelerate this decade, with robot workers possibly surpassing human employees at one of the world’s biggest companies, according to Ark Invest’s Cathie Wood. Amazon’s use of automated robots will dramatically...
World’s Largest Autonomous Electric Cargo Plane Unveiled
Fully autonomous vehicle technology is conquering the skies, with UAVs being used for various purposes. Now, a purpose-built independent cargo electric plane was unveiled by Pyka. Christened Pelican Cargo is said to be the "largest zero-emission cargo airplane and the...
California Could Outlaw Fully Autonomous Trucking
A battle is brewing in California over whether to allow fully autonomous trucking in the state, and one side has introduced legislation to try to make sure it never happens. Self-driving tech is coming to both cars and trucks, but while those focused on its use in...
Scientists Have A Genius Plan: Turn Abandoned Mines Into Gravity Batteries
Supplying the world with renewable energy is a two-fold problem. The first is making technologies like wind and solar as robust and affordable as coal and natural gas. With recent estimates suggesting solar will outpace coal in 2025, that first problem is quickly...
EASA – Air Taxis As Urban Transport
A lot has been done to prepare for air taxis to become an alternative way of transport for European citizens. A comprehensive study on Urban Air Mobility conducted on behalf of EASA has given clear indications of what European citizens would think a good way...
