Daily Archives: Mar 12, 2026
The Startup Shuffle: VR Training In, VW’s Car Site Out
Key Takeaways
Serial entrepreneurs Stefan Smalla and Paul Schwarzenholz launch Draxon, focusing on VR and AI for workforce training.Early investors Point Nine and HV Capital have already backed Draxon.Volkswagen is shutting down its used car platform Heycar, affecting 126 employees.Vienna-based energy optimization startup Podero secured €5.5 million in funding.Several other...
Why Even AI Gets Tripped Up By Weird Tax Rules
Key Takeaways
Product classification is crucial for businesses to apply correct taxes and duties, avoiding costly errors.Mistakes in classification can ripple through systems, leading to audits, penalties, and financial misstatements.AI is increasingly used to automate product classification by analyzing data, but it has limitations.Complex cases involving legal interpretation, product usage,...
AI Is Getting Its Own Branch of Physics
Key Takeaways
Artificial intelligence is widely used but operates like a "black box," meaning even its creators don't fully understand how it works.NTT Research has launched a new Physics of Artificial Intelligence (PAI) Group to fundamentally understand AI systems.The goal is to establish the basic principles governing AI, similar to...