Latest news and stories about tech innovation in Portugal for expats and residents.
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Spotlite, a Portuguese technology company that monitors critical infrastructure for electricity, road, and rail network operators using satellite data and artificial intelligence (AI), will monitor more than five thousand bridges in Brazil as part of a consortium that won an eight-million-euro contract with the Brazilian government. The solution...
Portuguese tech company Spotlite has announced its participation in a consortium that won an eight-million contract with Brazil's DNIT to monitor 5,300 bridges nationwide via satellite. The project uses satellite imagery and artificial intelligence to detect structural deformations and ground movement, allowing for predictive maintenance. Founded in Coimbra, Spotlite recently secured 3.5 million euros in seed funding to support its international expansion into Europe, the US, and South America.
Yann LeCun now has enough attention and funding to show why he believes that large language models (LLMs) are not a good foundation for AI.
Copilot Cowork is a tool that allows for the delegation of complete tasks to artificial intelligence, marking a new phase in the partnership with Anthropic.
Startup Advanced Machine Intelligence (AMI), founded by former Meta chief AI scientist Yann LeCun, has raised record funding to develop a new generation of artificial intelligence systems to understand the physical world. The model is based on observing environments using images, videos, and sensors.
Nvidia is developing a new open-source platform aimed at facilitating the creation of autonomous agents, seeking to cement its leadership in the artificial intelligence sector.
Twenty-three startups will be featured on the international stage of the third edition of the technology summit in Doha. The Portuguese delegation is supported by Startup Portugal and Unicorn Factory Lisbon.
Between 2014 and 2024, coordination of the programme in Portugal was carried out by Instituto Pedro Nunes from Coimbra, using a network of incubators across the country and having supported more than 60 companies.
This article highlights Portugal's emergence as a vibrant hub for the software industry. Key points include: - Portugal's rapid development of a strong tech ecosystem, especially in Lisbon and Porto. - Notable companies like OutSystems (a $9.5bn low-code platform), Feedzai (AI-driven fraud detection), and Sword Health (digital healthtech valued at $3bn). - A new wave of startups such as Neuraspace and Rauva attracting significant funding, alongside established unicorns like Farfetch, Talkdesk, and Unbabel. - The country's growing reputation for excellence in software development, driven by a combination of historical expertise, innovative initiatives, and increasing investment. - Portugal is positioning itself as a competitive player on the European and global tech stage, with industry leaders and investors recognizing its potential for tech innovation and startup growth.
