News - For Business
Daily digest of all European digital development news
EU Data Act gives users control over data from connected devices
The EU Data Act gives consumers control over data from connected devices like smartwatches and cars, impacting data-driven innovation across the EU. This act ensures devices allow data sharing and gives users more choice in repair and maintenance providers.
Supporting a trustworthy social media sphere for young Europeans
Brussels launches a call for proposals to boost media literacy among young Europeans, tackling misinformation risks on social media. The program opens September 30th and aims to raise awareness about online information integrity.
European AI Startup Mistral AI Secures $2B in Funding
Mistral AI, a European AI startup, secured $2 billion in a recent funding round. This investment, spearheaded by ASML Holding NV, underscores the company's importance within the European tech landscape....
What is Mistral AI? Everything to know about the OpenAI competitor
Mistral AI, a European company, is an OpenAI competitor focused on providing "frontier AI" to a broader audience. Since its founding in 2023, the company has secured substantial funding....
More than 10 European startups became unicorns this year
More than ten European startups reached unicorn status this year, a positive sign for investment in the region. The sectors attracting the most attention include AI, among others....
Participate in the drawing-up of the Code of Practice on transparent generative AI systems
The European AI Office is seeking participants to help draft the Code of Practice on transparent generative AI systems. This code aims to ensure compliance with the AI Act's transparency obligations, which go into effect August 2026.
Brand new unicorn IQM sets its sights beyond Europe for its quantum computers
IQM, a Finnish quantum computing company, has achieved unicorn status after securing over $300 million in a Series B funding round. The investment was spearheaded by Ten Eleven Ventures, a U....
No-code website builder Framer reaches $2B valuation
Framer, a no-code website builder, has achieved a $2 billion valuation. This valuation comes after securing a $100 million Series D funding round....
No-code website builder Framer reaches $2B valuation
Framer, the no-code website builder, skyrockets to a $2 billion valuation thanks to a $100 million Series D funding round. The platform boasts over half a million monthly active users, solidifying its position in the market.