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EU Increases Investment in Deep Tech to Compete with Global Tech Leaders

by THEFUTURE.TEAM

November 5, 2024

In a strategic move to stay competitive in the global tech landscape, the European Union (EU) is set to invest €1.4 billion ($1.5 billion) in deep tech research in 2025. This significant funding boost will come from the European Innovation Council (EIC) as part of Horizon Europe, the EU’s flagship research and innovation program.

This marks a notable increase of €200 million compared to the previous year’s budget, underlining the EU’s commitment to strengthening its tech capabilities. With this investment, European policymakers aim to narrow the gap with technological heavyweights like the United States and China.

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The deep tech sector, which encompasses advanced fields like artificial intelligence (AI), quantum computing, and biotechnology, has been identified as essential for Europe’s economic revitalization. “The European Innovation Council has emerged as a game-changer in EU support to breakthrough innovation,” stated EU Commissioner Iliana Ivanova. She highlighted the council’s expanded role in channelling resources toward pioneering advancements in technology that could shape the future of Europe’s economy.

As the global tech race accelerates, the EU’s increased funding for deep tech initiatives reflects its resolve to position Europe as a leading hub for innovation and technological progress.

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Google I/O 2025: Key Highlights and Game-Changing Announcements

by News Editor

May 21, 2025

Google’s annual I/O keynote, always a spectacle of innovation, took center stage once again, unveiling advancements that could redefine our digital landscape. From AI Search enhancements to the introduction of Veo, Flow, and Gemini, this year promised a future brimming with possibilities.

Gemini’s Role in AI Evolution

Google highlighted the prowess of Gemini, its AI workhorse, demonstrating its ability to seamlessly integrate with varied platforms like Android XR. Enhanced by new models like Gemini 2.5, this technology is set to revolutionize user interactions by offering personalized and proactive solutions.

Innovative Steps in Augmented Reality

Exciting unveilings came with Project Astra and the Android XR Glasses, promising a future where augmented reality becomes mainstream. The demos hinted at potential real-world applications that could transform how we interact with digital information, with partners like Samsung stepping up collaboration in this domain.

The Power of Generative AI

Veo 3 and Imagen 4 showcased the potential of generative AI, offering groundbreaking improvements in content creation, including enhanced video and audio syncing capabilities.

Search Revolutionized

One of the most significant updates came with the introduction of AI Mode for Google Search, set to change how over 1.5 billion users access information monthly. These enhancements promise more personalized and comprehensive search results, drawing users away from platforms like ChatGPT.

A Look Ahead

As AI integration deepens, expectations grow for even greater innovations. Future applications across diverse sectors signal that Google’s commitment to leading technological development remains steadfast.