Technology
Race to turn flying cars right into a fact

This article is about Race to turn flying cars right into a fact.
Aeronautics giants are treating the concept of flying cars with caution, as any such task raises extra questions than it solutions, professionals say. However, is it genuinely the next huge component in shipping?
At this 12 months’ Paris air show, you needed to search difficult to discover an aircraft that looked something like an automobile: however, one such model, the AeroMobil, was tucked away beneath the vintage Concordes on the air and space museum, just outside the capital.
This extraordinary-looking hybrid, with its bulbous nose and retractable wings, designed by a Slovakian Corporation, is scheduled to go into collection manufacturing by means of 2020.
“After you’ve landed at an airport, you transform the plane into a car and take the road to wherever you want,” Simon Bendrey, AeroMobil’s deputy head of engineering, told. And they have already received a number of orders, he added, in spite of an asking price of $1.3-$1.8 million.
Among those nearest to take-off is the Dutch outfit PAL-V, that’s imparting a two-seater gyrocopter and is scheduled to be to be had by subsequent year, a steal at 300,000 euros. Czech business enterprise nirvana systems say it has had dozens of orders for its mini-helicopter, which can also run on roads, albeit at as a substitute gradual floor speeds.
Silicon Valley-based enterprise Kitty Hawk says its flyer may be on sale through the end of the year. And just closing week France’s Pegase, a cross between a ultra-light aircraft and a mini-car, crossed the channel, the slender stretch of water between England and France.
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Till lately, flying automobiles“ were a cross between a bad car and a bad plane,” stated Bruno Sainjon, head of the French Aerospace Lab ONERA, at the sidelines of the Paris air show. However, there was a quantum leap in design way to sizeable enhancements within the power of electrical propulsion, connected in large part to the fast advances in drone era lately.
Today, such engines lift 80-100 kilos (176-220 pounds), Xavier Dutertre, director of the Techoplane project based in Normandy, Northern France, told. And we’re not far from having the capacity to transport one or two men for about 20 minutes,” he added. “In five to 10 years, that will have become commonplace.”
At the same time as using-flying hybrids may additionally, to begin with, be the ultra-modern must-have devices for the ultra-wealthy, experts agree with that such vehicles ought to virtually be rapidly overtaken, as the enterprise sets its sights on fly-only solutions further down the road.
The real destiny stated ONERA’s Sainjon is “a system of on-demand air transport, which would clearly be the start of a new era for aviation” — a flying taxi provider, in different phrases.
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Flying vehicles will no longer be something that just all and sundry can pressure, “as it’s too unstable,” Pascal Pincemin, an aerospace specialist with Deloitte, told. He envisaged digital systems to manipulate the new form of traffic, and that looks to be what Uber, the app primarily based journey-hailing provider, has in thoughts with its “Elevate” project.
The idea appears to be to broaden a network of electrical, vertical-takeoff aircraft and they are aiming to make their first demonstrations in 2020.
At the last Geneva Motor show, the enterprise presented its own prototype flying vehicle, “pop up”, advanced in cooperation with a subsidiary of Volkswagen. but Dumont stated they had been looking ahead to the generation to mature and expand similarly.
Boeing, to this point, has now not shown its hand and Deloitte’s Pincemin does no longer see flying taxis becoming a not unusual mode of shipping earlier than 2050. First, he stated, the cars would need to prove their reliability.
Air transport today has a loss of life charge of 0.2 per million flights, said Patrick Cipriani, director of protection on the DGFrance’sce’s civil aviation directorate.
“Will we be prepared to just accept degrees like the ones of the mild plane, that is 100 times less safe?” he asked.

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Technology
Macron urges Europe to simplify its regulations to get back into the AI race

All eyes were on French President Emmanuel Macron Sunday at the end of the first day of the Artificial Intelligence Action Summit in Paris after he announced a €109 billion investment package (around $112 billion at current exchange rates) in the French AI ecosystem.
He reiterated this financial commitment from private partners willing to build data centers in France (mostly) and invest in AI startups (sometimes). According to him, the main reason why international investors are choosing France for their next massive data center project comes down to the country’s oversupply of nuclear energy.
“I have a good friend on the other side of the ocean saying ‘drill, baby, drill.’ Here, there is no need to drill, it’s just ‘plug, baby, plug,’” Macron said.
But he doesn’t want to make the AI Action Summit all about France. “For me, this summit is not just the announcement of a lot of investment in France. It’s a wake-up call for a European strategy,” he said.
“Tomorrow, President Van der Leyen will announce the European AI strategy and it will be a very important occasion. But this strategy will be a unique opportunity for Europe to accelerate, to simplify our regulations, to deepen the single market and to invest as well in computing capacities,” he added.
As the European Union wants to streamline regulation, Macron also seems to back this line of thinking. “It’s very clear that we have to synchronize with the rest of the world in terms of transmission, in terms of permitting, in terms of authorization, clinical trials — I mean, in all the different sectors.”
Macron also urged European companies to buy from European startups. According to him, most companies in the U.S. and China favor homegrown solutions. But that’s rarely the case in Europe, especially when it comes to technology.
On Tuesday, global leaders and tech CEOs will unveil a new statement. Many will scrutinize both the content and the list of countries signing the pledge at the end of the summit to see if it’s still possible to agree on a list of priorities when it comes to AI regulation.
Read our full coverage of the Artificial Intelligence Action Summit in Paris.

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Technology
Saudi’s BRKZ closes $17M Series A for its construction tech platform

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced.
To address this, BRKZ, a Riyadh-based construction tech startup, offers a tech-enabled managed marketplace that streamlines procurement and provides tailored financing solutions. The company has raised $9 million ($8 million in equity and $1 million in debt), bringing its total Series A funding to $17 million, with investors doubling down.
Existing investors, including Aramco’s Waed, BECO Capital, Better Tomorrow Ventures, Class 5 Global, Fluent Ventures, Knollwood Investment Advisory, MISY Ventures, RZM Investment and 9900 Capital re-participated.
This follows the $8 million Series A1 round BRKZ announced last March.
Ibrahim Manna, a former executive at Uber subsidiary Careem, founded BRKZ in 2023 after experiencing these challenges firsthand.
“After Careem’s exit to Uber, I bought a family house in May 2020 and faced the inefficiencies of the construction supply chain—lack of visibility in material selection, uncertainty around the whereabouts of goods, and price volatility,” Manna told TechCrunch. “That frustration made me realize how outdated the industry is and that it presented a huge opportunity worth exploring.”
Sourcing construction materials
Manna says he met with over 100 suppliers and contractors across the UAE, Saudi Arabia, and Pakistan to get a clear picture of construction procurement challenges in the region. He found that while the market was broken everywhere, Saudi Arabia stood out as the most enormous opportunity, fueled by the country’s Vision 2030 and strong market tailwinds.
On BRKZ, contractors and factories can procure essential building materials like cement, steel, and wood. They benefit from transparent pricing, competitive quotes in just 20 minutes, and buy now, pay later financing, while factories can source raw materials and expand their customer base.

Similarly, the platform cuts through the usual hurdles of high transportation costs and coordination issues across regions. Over the past year, BRKZ has grown from 1,200 SKUs and 350 suppliers to over 7,000 SKUs and 1,100 suppliers. Since its Series A1, revenue has quadrupled in 2024, with more than 850 contractors and factories using BRKZ for major projects like King Salman Park, Neom, and the Red Sea Project.
BRKZ has aggressively expanded into over 40 cities across Saudi Arabia’s Central, Eastern, and Western provinces, boosting its RFQ volume from $170 million last March to $350 million (SAR 1.3 billion) today. The construction tech company intends to extend its reach to the North and South provinces, Manna noted.
Diversifying revenues
To stay ahead of the curve, BRKZ will be looking to diversify its revenue streams, which it currently generates through transaction fees and financing solutions, including buy now, pay later and tailored credit offerings.
Manna says that while BRKZ works with contractors, it wants to start dealing with developers and suppliers, a set of customers with different needs, materials, and pricing models, which require a broader range of sourcing options. The company plans to start importing hard-to-source construction materials directly from global markets, starting with China this year and later India and Turkey to meet this growing demand in the country.
“We’re quite excited about building or enabling a corridor of trade between China and Saudi as we start importing goods we know our contractors, suppliers and others would like to get from China. If materials are needed outside of Saudi, we’ll get them, white label these goods, and sell them to contractors, developers, and suppliers in Saudi. Our focus is to go deeper into Saudi Arabia,” he shared. This marks a shift from BRKZ’s earlier ambitions to expand across the MENA region.
Notably, the move aligns with China’s efforts to strengthen ties with Middle Eastern markets amid uncertainty around U.S. trade policies. Given Saudi Arabia’s construction boom and China’s significant role in megaprojects like NEOM and The Line, BRKZ’s import strategy could benefit from government-level trade incentives and financing deals between the two nations.
Full-service construction ecosystem
Beyond materials, BRKZ aims to become a full-service construction ecosystem by addressing four pillars of any project: procurement (its core business today), financing (BNPL and credit solutions), workforce supply, and equipment procurement/rental. Manna, who was the managing director of global markets at Careem, says expanding into workforce and equipment services will make BRKZ an end-to-end platform for contractors and developers.
In addition, an important focus product-wise will be leveraging AI and machine learning to automate pricing predictability, purchase order generation, and other internal processes, improving efficiency for the company as well as contractors and suppliers.
The newly raised capital will put the company on its way to becoming that comprehensive procurement hub it envisions, alongside driving expansion into Saudi Arabia.
“The BRKZ team has executed its product and operational roadmap to drive efficiencies in this rapidly scaling sector, and we’re excited to continue supporting them in their next chapter. BRKZ’s financing product will complement their digitized procurement platform and address customer cash flow challenges,” said Dany Farha, co-founder and managing partner at BECO Capital.
Since launching two years ago, BRKZ has raised $22.5 million, including $5.5 million from pre-seed and seed rounds. Manna says the company’s valuation has grown by 46% in the past year, reflecting 4x year-over-year revenue growth with positive unit economics.

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Technology
How to use Apple’s new event planning ‘Invites’ app

Apple has released a new app called Invites that is designed to make it easy to create custom invitations for events using an iPhone or on the web. Invites is Apple’s version of Partiful, a popular invitation app that was crowned Google Play’s Best App of 2024.
Invites lets you create and share invitations, RSVP to events, contribute to Shared Albums, and curate event soundtracks.
To create an invitation, you need an iCloud+ subscription, which costs 99 cents per month. However, anyone can RSVP, regardless of whether they have an Apple Account or Apple device.
In this post, we’ll walk you through the process of creating an event, adding a shared album or playlist, and sending out your invitation to guests.
How to create an event invite

You can create an event in Apple Invites using the app on your iPhone or on the web at iCloud.com. Whichever route you choose, the process is essentially the same.
If you’re on the app, you need to tap the plus sign in the upper-right corner to create an event. If you’re on the web, you need to select “New Event” in the upper-right corner.
From here, tap the “Add Background” option, then choose “Photos” to select an image from your library. Or, tap the “Camera” option to take a new photo for the background. Apple also offers a selection of backgrounds for you to choose from.
Alternatively, you can use Apple’s Image Playground to produce original images for the background. To use the Image Playground integration in Invites, you will need an iPhone that is compatible with Apple Intelligence, which means you need an iPhone 15 Pro and up.
Once you have added a background image, tap “Event Title” to enter the name of your event and then choose a font style.
Then, tap “Date and Time” to choose the day and time the event starts and ends. You can also choose to set it as an all-day event. After you set a date, the weather forecast for that date will be added to the invitation.
Next, tap “Location” to search for a location or tap a suggested location. You have the option to enter a name for a location, such as “Emily’s House.” When you set a location, Invites will automatically add Apple Maps information to the invitation.
Finally, you can enter a description for the event, using Apple Intelligence’s Writing Tools to help you write out the description, if you’d like. Again, your device will need to be compatible with Apple Intelligence in order to use the feature.
Once you have created your event, you can tap the “Preview” option to see what it looks before sending it to your guests.
How to create a Shared Album or Playlist for your event invite

While the above steps cover the basics of creating an invite for an event, Apple offers two other features that can take your invitations to the next level.
You can create a “Shared Album” where attendees can contribute photos and videos from within an invite. The idea behind the feature is to give attendees a way to save their memories and relive the event at a later time.
To do so, you need to tap the “Create Album” option. The name of the Shared Album will be the name of the event, but you can change it if you’d like.
You can also create an event soundtrack by selecting the “Add Playlist” option. Attendees can then choose to add songs to the playlist before or during the event. It’s worth noting that you need an Apple Music subscription to create a shared playlist. As with Shared Albums, your playlist will have the name of your event, but you can edit it.
How to invite guests to your event

There are two ways to invite guests to your event. You can either share the invite as a public link or send it to specific people from your contact list.
You need to select “Invite Guests” to start sending out invitations. If you select the “Messages” or “Mail” apps, you can send a public link directly through those apps. If you select “Share Link,” you can send the invite to guests through any app in your iOS share sheet. If you tap “Copy Link,” you can paste the link for your invitation anywhere.
To invite a contact, tap the “Choose a Guest” option, search for a name, or choose someone from your list of contacts, and then share the link with them.
After you have created an event and invited guests, you can share a note that everyone on the guest list can see. For instance, you can let guests know if you have changed the location for the event, or you can send them a reminder to bring umbrellas if the forecast is calling for rain.
To do so, select your event and then tap “Send a Note.” Once you have written out your note, tap the “Send Note” button.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
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