News - For Business
Daily digest of all European digital development news
EU Nations Approve Deal to Roll Back AI Restrictions
EU nations approve deal to roll back AI restrictions, awaiting formal endorsement from the European Parliament.
EU hits snooze on AI Act rules after industry backlash
Brussels delays AI Act enforcement by 16 months, extending compliance deadlines to December 2027 for high-risk systems. This move follows industry backlash over unworkable rules, with tech firms warning of over-regulation hindering the AI race.
HiPEAC Vision 2026 | CONNECT University
"Why Europe should create its own future, not imitate others? " session on next-gen computing and AI launches....
Quantum Motion lands $160m in EU’s first major late-stage commitment
Quantum Motion secures $160M, the EU Scaleup Europe Fund's first major investment. This UK-based quantum hardware firm's funding marks a significant late-stage commitment from the European Union.
London-based CodeWords raises €7.6 million to help businesses run on AI autopilot
London-based CodeWords raises €7. 6 million for its AI autopilot platform....
EU agrees to simplify AI rules to boost innovation and ban ‘nudification' apps to protect citizens
EU institutions finalize simpler AI rules to spur innovation and ban 'nudging' apps. The AI Act's high-risk system regulations will apply from late 2027, ensuring readiness.
SAP Plans to Turn Spreadsheet AI Startup Into Top Frontier Lab
SAP is integrating German AI startup "Spreadsheet AI" into its frontier lab to bolster its in-house capabilities. This move signals the enterprise software giant's strategic push to expand its artificial intelligence development.
The PVPC has been a safety net for Spanish families for years: the EU believes it is now time to dismantle it
The European Commission demands Spain end regulated electricity tariffs to foster market competition and energy efficiency. Brussels cites financial risk prevention, urging stress tests for energy suppliers to avoid past crises.
Chinese chamber of commerce puts a $432bn price tag on the EU’s cybersecurity overhaul
The EU's push to phase out Chinese suppliers from critical sectors could cost €367. 8 billion by 2030....
Peter Sarlin's AI startup Qutwo hits €325M valuation months after launch
Finnish AI startup Qutwo secures €25M, valuing it at €325M, to build Europe's leading AI lab for the quantum era. The company, focused on its Qutwo OS software platform, has already booked over €20M in contracted revenue.
Coimisiún na Meán to investigate Meta’s content promotion
Coimisiún na Meán launches an investigation into Meta’s content promotion practices. The probe will determine if Meta breached EU Digital Services Act regulations.
German quantum computing start-up Eleqtron raises €57m
German quantum computing start-up Eleqtron secures €57m to develop its proprietary MAGIC technology for trapped ion quantum processors. This deeptech funding accelerates the company's advancement in the competitive quantum computing landscape.
Exclusive: Spain’s Humara raises €1.2 million to cut waste plant design cycles from months to days with AI SaaS
Spain's Humara raises €1. 2 million for its AI SaaS platform that redesigns waste plant operations....
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP bets $1. 16B on German AI startup Prior Labs to boost its AI capabilities....
The European Union has a crystal clear vision for the future of its network infrastructure: there will be no Chinese equipment
Brussels tightens telecom security by recommending member states exclude Huawei and ZTE equipment. This move paves the way for mandatory removal of "high-risk suppliers" from critical networks.
Netradyne acquires Moove Connected Mobility to scale AI-powered fleet intelligence across Europe
AI fleet safety provider Netradyne acquires German-founded Moove Connected Mobility to scale AI-powered fleet intelligence. This union creates a strong foundation to serve enterprise customers across Europe, with Moove becoming Netradyne Europe's central operating hub.
WaiV Robotics emerges from stealth with €6.4 million to develop autonomous UAV landing infrastructure
WaiV Robotics secures €6. 4M for autonomous UAV landing infrastructure....
eleQtron closes €57m Series A, one of Europe’s largest quantum-computing rounds
German quantum computing firm eleQtron secures €57m Series A, a significant European funding round. The company focuses on trapped-ion technology amid a landscape dominated by US and Asian venture capital.
Paris-based Lithosquare raises €21.3 million to accelerate transition-critical mineral discovery with Geology AI
Paris-based Lithosquare raises €21. 3 million for its AI-driven mineral discovery platform....
EU and Japan accelerate cooperation on AI, data, quantum and chips
EU and Japan accelerate digital cooperation, deepening regulatory and research ties on AI, data, quantum, and chips. The partnership aims to improve cross-border data flows and strengthen cooperation on digital infrastructure and platform regulation.