News - For Business

German AI startup CNTR hires Apple engineer Alejandro Molina as CTO, relocating from the US. The new firm, founded by Aleph Alpha's ex-CEO, focuses on human-AI collaboration in industrial applications.

Qumulo launches Cork hub to build AI-scale data backbone, creating 50 R&D jobs. The expansion will focus on managing colossal datasets for AI-driven businesses.

Brussels is investing in AI-powered legal workflow automation across the continent. This technology aims to streamline compliance and operations amidst increasing regulatory scrutiny....

PaperShell secures up to €40. 3 million from the EU Innovation Fund for a new factory....

European lawmakers delay EU AI Act compliance until December 2027 and August 2028 for high-risk and sector-specific systems. They also backed proposals to ban nudify apps.

The EU's digital euro initiative is prioritizing sovereignty, excluding US cloud giants. This move signals a push for domestic control over crucial digital infrastructure.

OpenUp secures €20M to scale its anonymous employee mental health platform for 2,000 organizations. The Amsterdam startup expands across five European markets, offering direct access to psychologists and counselors.

Berlin-based n8n, an automation platform, discusses its growth and fair-code approach in a podcast interview. The company highlights the importance of openness and community-driven technology in the fast-moving AI landscape.

The European Commission preliminarily found Pornhub, Stripchat, XNXX and XVideos in breach of the Digital Services Act for failing to protect minors. The platforms must now respond to the Commission's findings regarding child exposure to pornography.

The European Commission is investigating Snapchat under the Digital Services Act over child protection concerns. The probe focuses on potential exposure of minors to grooming, illegal goods, and age-restricted products.

Amsterdam’s OpenUp secures €20 million to expand its employee mental health platform across Europe. The funding will accelerate its European expansion strategy and attract new expertise.

Spanish space firm Arkadia Space secures €14. 5M from the European Innovation Council for its green hydrogen peroxide propulsion....

Arkadia Space lands €14. 5M EIC boost for its green propulsion systems replacing toxic space fuels....

Amsterdam-based SOUS raises €4 million to enhance its AI platform for restaurant growth. The AI-powered software aims to give independent food businesses digital firepower equal to large chains.

futurepresent, a German VC firm, emerges with a $300M Fund I targeting AI across infrastructure and industry. The fund has already backed 14 companies in AI for the physical world, applied AI in complex industries, and AI infrastructure.

German fintech Solaris axes 80 roles, 20% of its workforce, to become an "AI-native bank." The company is increasing automation, using AI agents for operations, and developing AI-driven financial services.

Subbyx secures €30M Series A to scale its AI-powered subscription infrastructure across Europe. The Italian scaleup aims to transform ownership-based models into access-based subscriptions, with Sweden as its first international market.

Stateful Robotics secures $4. 8M for AI that gives robots long-term memory and adaptability....

London carbon platform Zevero secures €7M to expand into continental Europe, doubling its customer base and ARR 400%. The funding propels their shift towards continuous data infrastructure for sustainability reporting.

Mistral AI's CEO proposes taxing AI companies in Europe to bolster European AI sovereignty. This move signals a growing push for local control and economic benefit from the booming AI sector.