News - For Business

Algorithmiq moves its global headquarters to Milan, Italy, securing €18M in venture capital for its quantum software. This funding represents Italy's largest quantum startup investment, bolstering Europe's deeptech commercialization efforts.

London’s Fifth Dimension secures €22M for its AI-powered decision intelligence platform for real assets. The funding will scale their solution that unifies fragmented data into an actionable intelligence layer for investors.

European Commission commissions three studies on technical solutions for marking and detecting AI-generated content. The research supports development of a Code of Practice for AI-generated content, examining text, audio, and image/video modalities.

Copenhagen's Reel raises €15 million to make renewable energy predictable. The company will use the funding to refine products and build a commercial team in Germany.

The European Commission is seeking feedback on draft guidelines for AI Act transparency obligations. Stakeholders can participate until June 3, 2026, with input considered for the final report.

The Dutch Data Protection Authority fines taxi app Yango €100 million for transferring personal data to Russia. The company behind Yango's European operations is based in the Netherlands.

EU nations approve deal to roll back AI restrictions, awaiting formal endorsement from the European Parliament.

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.

"Why Europe should create its own future, not imitate others? " session on next-gen computing and AI launches....

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 for its AI autopilot platform....

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 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 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.

The EU's push to phase out Chinese suppliers from critical sectors could cost €367. 8 billion by 2030....

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 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 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.

Spain's Humara raises €1. 2 million for its AI SaaS platform that redesigns waste plant operations....

SAP bets $1. 16B on German AI startup Prior Labs to boost its AI capabilities....