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Showing posts with the label Innovations

The AI startup scene

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  Business founders in Germany have discovered artificial intelligence. Find out what is happening in the startup scene here. Reiner Kurzhals of Westphalia Datalab Westphalia Datalab The Founder Reiner Kurzhals  founded not one, but two successful AI businesses within a few years. The statistics professor from Münster sold 4tree, a data analysis startup, to the McKinsey business consultancy, while PwC Germany recently invested in his current project, Westphalia DataLab (WDL). 4tree analyses purchasing behaviour for the over-the-counter retail trade. WDL correlates corporate data like sales totals or stock levels with data like weather reports or traffic information to generate decision-making criteria for goods procurement or shipment routes. www.westphalia-datalab.com Rasmus Rothe and Adrian Locher of Merantix Merantix The Campus With their firm Merantix, Adrian Locher and Rasmus Rothe have just opened the world’s first so-called venture studio for artificial intelligence in  Berlin .

Volkswagen breaks ground on first of six battery factories

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  Image Credits:  Volkswagen AG Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20 billion through 2030 to become a global EV leader. Volkswagen’s new company, called PowerCo, will be responsible for the automaker’s global battery business, managing the value chain from raw materials to recycling. The automaker expects that the factory in Salzgitter, Germany and the five others planned for Europe will cut its battery costs by half, a key competitive advantage as the global market for EVs intensifies. The factories and new company are part of Volkswagen’s efforts to ramp up EV production worldwide. Earlier this week. the world’s second-largest automaker announced plans to  grow its business in China  with “some major investments” and a hiring spree at the Chinese office for CARIAD, Volkswagen’s in-house automotive software arm. Volkswagen said battery cell product

7 things you need to know about no-code tools in Africa, and why you should care

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  For most men, few things are as frustrating as getting a haircut that does not look good on you. As an undergraduate, I figured an app that let me try out different hairstyles would be helpful.  The problem was that I could not code. In fact, I did not know there was such a thing as software engineering, but I was sure an app could solve this problem. I never got to build or discover such an app and settled for educated guesses and a lot of heartbreak. Chances are that you’ve been in similar situations. Perhaps you wanted to create a website for your business, an app to track your expenses or a website for your church. Either way, you probably did not build it because you could not code, but what if I told you that you could create websites and applications without writing a line of code? In November 2021, Nigerian fintech giant, Flutterwave,  acquired Disha , a one-page website builder that enables creators to build a website to advertise their products and services without writing