PostScriptum’s NestAI Aims to Forge Europe’s Tech Frontier
▼ Summary
– PostScriptum has launched a new initiative with NestAI, an innovation lab formed by leading experts to build next-generation technology.
– The NestAI team has grown to nearly 50 world-class scientists and engineers, many with PhDs and experience from top global organizations like Intel and Palantir.
– NestAI’s initial focus will be on developing technologies for robotics and unmanned vehicles for use in logistics, inspection, surveillance, security, and defence.
– The goal is to double the size of the NestAI team within the next six months.
– PostScriptum is building a portfolio of AI-native companies, like Lovable, to strengthen the European AI ecosystem and develop digital category leaders.
The European technology landscape is witnessing a significant development with the launch of NestAI, a new initiative from PostScriptum. This move comes on the heels of PostScriptum’s successful track record, which includes founding Silo AI, a company later acquired by AMD in what became the region’s largest AI acquisition. NestAI is positioned as a next-generation innovation lab, assembling a formidable team to build foundational technologies for the future.
Sources indicate that NestAI has been operating in stealth mode, quietly building a team of nearly fifty world-class scientists and engineers. A considerable number of these experts hold PhDs and bring with them invaluable experience from some of the world’s most respected organizations. The lab’s foundation includes a strong contingent of engineers with backgrounds at Intel, boasting twenty senior engineers who possess comprehensive, end-to-end capabilities in physical AI. This unique skill set merges profound AI knowledge with robust hardware and software engineering.
The talent pool has expanded to include key individuals from a diverse array of top-tier global companies and institutions. This list features names like Palantir, Kongsberg, Saab, Microsoft, and Huawei, as well as academic powerhouses such as MIT and UC Berkeley. According to PostScriptum, the initial core team has a proven history of delivering mission-critical AI devices, robotics, and autonomous systems, with a demonstrated ability to produce mission-ready prototypes in a matter of months. The ambition is to double the size of the NestAI team within the next six months, signaling rapid and aggressive expansion.
Backed by PostScriptum’s vision for sustained and balanced growth, NestAI launches with a mandate to build boldly. Its objective is to develop technologies that will have a lasting impact. While the lab identifies as multi-domain, its initial efforts are concentrated on robotics and unmanned vehicles. The applications for these technologies are vast, spanning logistics, inspection, surveillance, security, and defense sectors.
This new venture is a key part of PostScriptum’s broader strategy to cultivate a portfolio of AI-native companies in Europe. The organization aims to be a generational force in AI, dedicated to creating digital category leaders where artificial intelligence is the central component. PostScriptum is focused on supporting, building, and investing in digital companies to help them transition to an AI-first approach and realize their full potential.
Further cementing its commitment to the ecosystem, PostScriptum’s Foundation PS recently announced a donation of thirteen professorial fellowships to leading Finnish universities. These form the inaugural professorships of the ELLIS Institute Finland, strengthening the continent’s academic AI foundation. The company’s portfolio is already demonstrating remarkable success. For instance, the Swedish AI platform Lovable achieved a record-breaking ascent, growing its annual recurring revenue from zero to one hundred million euros in just eight months. This portfolio, which continues to grow, represents a concerted effort to fortify Europe’s community of AI-first and AI-native enterprises.
(Source: Tech.eu)
