News - For Business

The European Commission is collecting feedback for the EU's position at the World Radiocommunication Conference 2027. Stakeholders can submit views to shape the Union's stance on international radio spectrum allocation and satellite orbit.

Dublin-based TensorX is building sovereign AI infrastructure across Europe, focusing on securing GPUs and data centres for AI deployment. The company provides private AI inference on dedicated Nvidia GPUs, ensuring data stays within European jurisdiction with zero retention for regulated sectors.

Aspire11 deploys €100M into Revolut and ElevenLabs, backing European pension funds' move into VC. The fund aims to bridge innovation with capital, investing in growth companies shaping the future economy.

Nederland ranks eighth among EU member states in the eGovernment Benchmark 2026. Despite a strong digital public services foundation, challenges remain in digital innovation and AI adoption.

CriteriaCaixa rebrands its VC arm, investing €300 million in Iberian BioTech and DeepTech firms. The funds will prioritize Spain and Portugal, selectively expanding to Europe and North America.

Acurio Ventures launches a €115M European fund for VC secondary transactions, aiming to unlock liquidity in a nascent market. The fund targets smaller deals below €20 million, focusing on mature VC funds with clear exit plans.

The EU is considering new social media restrictions for teenagers, potentially including age limits and mandatory harm assessments. European Commission President Ursula von der Leyen stated that legislation could be proposed within months.

European Commission unveils child safety report focusing on online protection. Recommendations address minors' digital challenges, social media use, and empowerment.

The EU has accused Meta of designing Facebook and Instagram to be addictive. Brussels issued preliminary findings that could lead to fines of up to 6% of Meta's global annual revenue if a final decision is reached.

Kraken Technology Group, a British uncrewed surface vessel maker, has raised $175m in a Series B round, valuing it at over $1bn. The funding will accelerate Kraken's development of maritime defence technology.

Venture capital in Europe hit its second-highest record value in 2025, reaching €35. 3 billion amid resilient private capital markets....

European Commission preliminarily finds Meta in breach of the Digital Services Act for addictive design on Instagram and Facebook. The investigation targets features like infinite scroll and personalized recommenders, with concerns over user wellbeing and mitigation measures.

Supervisors are pressing for greater digital autonomy for companies, with an emphasis on joint IT contracts. Governments and companies should actively consider this when procuring IT services to stimulate European digital services.

Study projects €1. 84-€2....

Mandatory driver distraction warning systems and advanced emergency brakes are now standard on all new EU cars and vans. The European Commission confirmed the new safety tech mandate, effective July 7th, enhances pedestrian and cyclist detection.

EU AI transparency rules go live August 2nd, requiring disclosure when people interact with AI. The European Commission published a practice code to detail these obligations, and the AP advises organizations to sign it.

The EU Commission has referred Ireland to the CJEU for failing to enact crucial cybersecurity rules. Ireland, Spain, France, and the Netherlands are the only member states yet to incorporate the NIS2 directive into national law.

German startup QuantumDiamonds secures EU backing to accelerate chip manufacturing through novel inspection technology. The initiative aligns with the European Chips Act's goal to bolster the semiconductor industry.

German AI accounting startup Finto raises $3. 4M, choosing Munich over Silicon Valley for its European market focus....

AI providers pose a growing risk for European startups dependent on US infrastructure. The EU AI Act now places obligations on both AI providers and deployers, sharpening concerns over foreign dependency.