🇳🇴 💰 Norway’s government is criticized for damaging the country’s startup scene through its tax system, especially after the introduction of a new exit tax of over 30%. This tax affects entrepreneurs who leave the country after they have taken in funding, regardless of personal profit from the company. Read more about the new tax here.
🇺🇸 🚀 The forum Reddit went public and the price soared by a whole 48% on the first day, making major owner Sam Altman roughly 2 billion kronor richer in one day.
🇸🇦 🌟 Saudi Arabia plans to invest over 400 billion kronor in AI. Saudi Arabia is now discussing with several venture capital firms, including Andreessen Horowitz, to create the giant AI fund through its Public Investment Fund.
🇺🇸 🧠 Neuralink released a video on how Noland Arbaugh, a 29-year-old man paralyzed from the neck, can play chess solely through thought power thanks to a Neuralink chip in the brain. Arbaugh, who has been paralyzed for eight years, reports so far no cognitive side effects from the procedure
🇸🇪 ✨ There are quite a few Family Offices in Sweden, and some may be hard to find. Here comes a mapping from Breakit of over 150 Family Offices in Sweden.
🇩🇰 💻 Novo Nordisk and EIFO, together with Nvidia, are building one of the world’s fastest supercomputers. The new supercomputer is called Gefion and is to promote Danish key industries such as healthcare and pharmaceutical research.