News

Kemptthal - Young food and biotech companies can occupy fully equipped and maintained labs in The Valley from March 2025. The owners of the former Maggi area are fully kitting out the 1,500 square meters of the new House of Lab Science, which is looking for suitable renters for this space.

Zurich - The fintech company TP24, an international lender for SMEs operating out of Switzerland, has secured financing of 400 million Swiss francs. The investors are two of London's financial institutions - Barclays and M&G Investments.

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.

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.

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.

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.

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.

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.

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.