News - For Business
Daily digest of all European digital development news
Porters closes €2.7M pre-seed funding for financial services backoffice software
Porters secures €2. 7M pre-seed for AI software streamlining banking operations....
UK AI drug safety startup Sable Bio raises €3.15 million; plans to grow its London team
London AI drug safety startup Sable Bio raises €3. 2M to accelerate its predictive platform....
EU warns Meta not to block rival AI bots from WhatsApp
EU regulators warn Meta against blocking rival AI bots on WhatsApp. This move risks stifling competition and consumer choice in the burgeoning AI chatbot market.
Mistral drops new speech-to-text AI models
Mistral AI launches new on-device speech-to-text models. These models empower developers with private, powerful AI capabilities for European applications.
Former Tesla product manager wants to make luxury goods impossible to fake, starting with a chip
Luxury goods face a new threat: counterfeits. A startup unveils a "hack-proof" chip, pairing with digital certificates to verify authenticity.
Dreame started as a provider for Xiaomi. Eight years later, it wants to be the next Samsung and has paid 10 million to prove it
Chinese tech firm Dreame, which started as a Xiaomi supplier, is investing €10 million to become the next Samsung. The company unveiled a robot vacuum with a four-legged chassis capable of climbing stairs at IFA Berlin.
France and Germany have agreed to give Spain the worst news: one in which the F-35 and its "button" are the winners
Francia, Alemania y España fail to align on a European combat aircraft. This strategic project, aimed at digital sovereignty, faces delays due to disagreement on shared control.
MareNostrum 5 grows to adapt to AI: it will have 129 million euros to achieve it
Spain's MareNostrum 5 supercomputer receives €129 million to integrate AI capabilities. The upgrade, co-funded by Spain, Portugal, and Turkey, aims to boost its capacity for AI model training and inference.
Fiber with movies, series, and even soccer for less than 25 euros: this is the Movistar offer without a contract
Movistar launches aggressive fiber and streaming bundles under €25, aiming to slash prices in a competitive market. The offer includes 300 Mb symmetric fiber and Movistar Plus+ without a commitment period.
Allonic is rebuilding robotics from the inside out
Budapest-based Allonic secures $7. 2M, the largest Hungarian pre-seed round ever, to rebuild robotics hardware....
OpenAI and Hugging Face angels back Hungary's "highest-ever" pre-seed funding round
Hungary's Allonic raises $7. 2M for its AI-driven robotic body manufacturing....
Commission launches Action Plan Against Cyberbullying to protect young people online
Brussels launches a new Action Plan to combat cyberbullying, aiming to protect EU youth online. An EU-wide app will offer help, alongside coordinated national efforts and safer digital practice promotion.
Action Plan against cyberbullying
EU launches an action plan against cyberbullying to protect children online. The initiative consolidates existing tools and legal frameworks to combat online harassment.
Tem raises $75 M to automate energy markets with AI-first platform
London-based Tem secures $75M to automate energy markets with AI. The AI-native platform aims to replace manual processes in electricity transactions, fueling US and Australian expansion.
Irish AI start-up Marc raises $1m from angel investors
Irish AI start-up Marc secures $1m to streamline fragmented property contract data for asset managers. The funding will boost its AI-driven platform, enhancing efficiency in real estate investment.
AI-native proptech startup MARC backed by a group of angel investors
Dublin's AI proptech MARC secures $1M pre-seed to streamline real estate asset management. The AI-powered platform targets fragmented contract and expense data, accelerating US expansion.
UK tech startups urged to take bold risks, by AI minister, as chip startup Fractile invests £100M
UK AI minister urges startups to embrace risk as Fractile pledges £100M investment. The chip startup's funding accelerates next-gen AI hardware development and job creation across the UK.
xWatts closes £1.6M to expand AI-powered energy management solutions
London-based xWatts raises £1. 6M for its AI-powered energy management platform....
Naboo raises $70M from Lightspeed for AI-powered events procurement
Paris-based Naboo secures $70M for its AI-powered events procurement platform, accelerating its expansion into North America. The funding fuels AI agent development and a broader procurement platform.
Siemens CEO Roland Busch’s mission to automate everything
Siemens CEO envisions automating entire factory processes with AI, merging physical and digital worlds. This ambitious plan aims for optimal operations but raises questions about workforce displacement.