News - For Business
Daily digest of all European digital development news
Ukrainian government taps ElevenLabs to power its ‘agentive state’ vision
Ukraine's Ministry of Digital Transformation partners with ElevenLabs to integrate voice AI into government services. This collaboration aims to build an "agentive state" using AI technology.
ESET: cybercriminal groups with links to Russian security services
ESET, a major European cybersecurity company, has identified collaboration between the Gamaredon and Turla cyber threat groups. These groups are linked to Russian security services....
The venom of cobras is one of the most feared and deadly in the world. AI is very close to neutralizing it forever
AI is being used to develop proteins to neutralize the venom of cobras and other snakes. Researchers have used deep learning to design these proteins, which can partially neutralize the effects of the venom....
Two executives from Google and Xiaomi, a presentation in Munich, and an uncomfortable reality: Europe remains a puzzle
The article discusses the challenges that tech companies face when expanding into the European market, highlighting the fragmented nature of the region. This is illustrated by Xiaomi's experience, where the Xiaomi 15T Pro, a flagship model, will not be available in Ireland....
EA is about to be bought for 50 billion dollars. Its buyer is the new big dark horse of the industry
Electronic Arts (EA), the company behind games like FIFA and The Sims, is reportedly close to being acquired for $50 billion (approximately €42. 7 billion)....
Spotify is dealing with a flood of AI-made songs. So it has decided to react to set boundaries
Spotify is dealing with an influx of AI-generated songs on its platform. The company is responding by updating its policies to address "slop" (low-quality content), impersonations, and transparency regarding AI use....
Google: Digital Markets Act causes significant collateral damage
Google joins Apple in criticizing the Digital Markets Act, claiming the new regulations will harm users and small businesses. Consumer protection advocates and the cloud association Cispe are pushing back, defending the DMA.
Google DeepMind adds agentic AI models to robots
Google DeepMind is integrating agentic AI models into robotics, marking a significant advancement in creating robots capable of navigating complex physical environments. Carolina Parada of DeepMind highlighted this as a foundational step towards enhancing robotic intelligence and dexterity.
Sweden’s Redpine launches with €1.1 million backing to reduce AI hallucinations through licensed data
Redpine, a Stockholm-based company, has launched with €1. 1 million in funding....
PostScriptum launches NestAI to build Europe’s next tech frontier
PostScriptum launches NestAI to drive Europe's next technological advancements in AI. The initiative, following the acquisition of Silo AI by AMD, will focus on building the next generation of tech.
PostScriptum launches NestAI to build Europe’s next tech frontier
PostScriptum, known for its role in the development of Silo AI, which was acquired by AMD, is launching NestAI. This new initiative aims to build next-generation technology within Europe....
Checkout.com launches employee share buyback at $12bn valuation
Checkout. com, a London-based fintech company, is conducting an employee share buyback....
The neobank Revolut seeks to acquire an American bank
Revolut, a UK-based fintech company, is seeking to acquire a US bank. The company recently established its new headquarters in London....
Arsipa acquires Bloom to deliver an end-to-end digital platform for occupational safety
Arsipa Group has acquired Bloom, a Berlin-based tech startup, to enhance its occupational safety services. This acquisition aims to provide a digital-native compliance platform, initially in Germany and Austria, indicating a shift towards digitized solutions for safety regulations....
Apple, Google tell Europe its Digital Markets Act isn't working for them – or consumers
Apple and Google are complaining that the EU's Digital Markets Act is failing both them and consumers. The tech giants claim the DMA's rules are creating more problems than they solve.
German DeepTech startup yasp raises €4.2 million to accelerate AI model optimisation
German DeepTech startup yasp secured €4. 2 million in seed funding....
Swiss startup Corintis raises €20 million to target AI bottleneck, and collaborates with Microsoft for chip cooling breakthrough
Corintis, a Swiss startup, secured €20 million in Series A funding to tackle the cooling challenges of computer chips in the age of AI. This brings their total funding to €28....
Apple blames EU’s Digital Markets Act for feature delays
Apple claims the EU’s Digital Markets Act is delaying new features, leading to a poorer experience for European users. The tech giant says the DMA exposes customers to risks and reduces choice within the region.
Europe’s AI reality check: Without rapid reskilling, startups risk falling behind the US and China
AI could displace millions of jobs in Europe by 2030. Startups that invest in reskilling programs will be better positioned for the future....
British hyperscaler Nscale raises €936 million in milestone for European AI infrastructure
Nscale, a UK-based hyperscaler focused on AI, secured a €936 million Series B funding round, the largest in UK and European history. The funding, led by Aker ASA, aims to challenge existing global cloud providers....