News - For Business

Milan's Beelzebub secures €3 million Seed funding to combat AI-driven cyberattacks with AI-powered traps. The AI-native cybersecurity platform will expand its research team and client acquisition across Europe, focusing on NIS2-regulated organizations.

The EU accelerates digital sovereignty efforts as Germany ditches Microsoft SharePoint for open-source alternatives. Ireland halts a €1 billion Microsoft deal, eyeing open-source options to avoid US tech dependency.

Brussels handed out its two largest platform fines yet, opened a fresh child-safety case against TikTok, and watched its own interoperability rules collide with encrypted messaging. Underneath it all, a quieter story: European governments and investors betting real money on reducing dependence on US tech.

European tech funding deals surpassed €1 billion this week. CuspAI secured $450M, Augustus raised $180M, and Humanoid hit $1....

ispace-EUROPE secures €65 million ESA contract for Europe's first lunar polar ice exploration rover, MAGPIE. The mission will investigate lunar volatiles and water ice, advancing European lunar exploration capabilities.

The European Commission has charged TikTok with breaching the Digital Services Act (DSA). Preliminary findings indicate TikTok's default settings failed to protect minors' privacy by leaving their accounts open to adults.

European Parliament hosts policymakers and industry leaders for AI-powered robotics debate, aiming to boost innovation and competitiveness. The event will discuss strengthening Europe's leadership in physical AI and accelerating its deployment.

EU regulators scrutinize TikTok's child safety, citing Digital Services Act findings. The European Commission wants TikTok to default minors' accounts to private, restricting content visibility and recommendations.

Google faces €890 million in EU fines for Digital Markets Act breaches. The European Commission penalized Google for favoring its own services in search results and failing to inform Play store users about alternative app distribution channels.

Google fined €890M by the European Commission for violating the Digital Markets Act. Brussels penalised Google €460M for search self-preferencing, marking the first penalty under the new rulebook.

European AI startup kausable raises €12 million to develop reasoning-first frontier AI. This funding addresses the need for efficient AI adaptation amidst geopolitical instability and the push for European digital sovereignty.

Brite Payments CEO Lena Hackelöer discusses European payment sovereignty and the challenges of scaling FinTech across the EU. The company aims to reduce reliance on non-European infrastructure by building a pan-European instant payment network.

Microsoft and Mistral AI form an alliance to advance sovereign AI in Europe. This partnership bolsters Mistral's standing as a leading European AI vendor and expands Microsoft's European footprint.

European Commission launches three GenAI pilots for public administration. The Digital Europe Programme funds projects focused on trustworthy generative AI uptake across the continent.

Ireland stalls €1B Microsoft tender over digital sovereignty concerns and push for open-source alternatives. The cancellation follows questions about reducing reliance on US tech, with calls to explore European-regulated services instead.

European Technology Group (ETG) acquires UK fintech-for-good platform Lightning Reach. The acquisition aims to help over 1 million people access £25 million in financial support by 2028.

French AI startup Mistral seeks billions at a €20bn valuation, with Samsung in talks to invest. This funding round highlights significant backing for European AI ventures aiming for global competition.

The Dutch government signs a framework agreement with European cybersecurity firm ESET. This deal promotes secure, responsible use of EU-based cybersecurity services, reducing reliance on non-European suppliers and enhancing digital resilience.

Humanoid secures €133M at €1. 1B valuation, becoming Europe's newest robotics unicorn....

EU debated domestic cloud capacity and Big Tech dependence as AI infrastructure demands surge. Europe's AI opportunity lies in selective ambition, focusing on areas where it has advantages rather than solely competing on US scale.