News

UK legaltech firm Avvoka secures £14M to boost AI drafting tools for law firms. The funding accelerates US expansion and platform development, enabling scalable, high-accuracy legal document creation.

IBM's watsonx platform shifts from headline demos to enterprise AI infrastructure, focusing on governance and deployment. This move prioritizes compliance and hybrid cloud compatibility, crucial as European regulators scrutinize AI frameworks.

Europe races toward a 2029 digital euro launch, but political hurdles remain. Major disputes over costs, data privacy, and competition are delaying final decisions.

Dutch watchdog warns political parties over illegal microtargeting in local elections. Forty parties likely breached rules, risking sanctions for undisclosed data use.

Lithuanian startup Saltz raises €20M to digitalize European restaurant ingredient sourcing. The funding will transform the supply chain using a digital marketplace.

Danish deep-tech firm SonicEdge reinvents audio with chip-based micro-speakers, promising smaller, more efficient devices. This semiconductor approach aims to revolutionize wearables, hearing aids, and earbuds by eliminating bulky mechanical components.

Paris-based AMI Labs secures over $1 billion for AI world models, challenging LLMs. The massive seed round, Europe's largest, signals strong investor appetite for AI innovation beyond US giants.

Dutch researchers warn Snapchat's gamification features pressure young users into excessive screen time. This study advises policymakers on new guidelines to give users more control over online attention.

French AI security startup Qevlar AI secures $30M to enhance its autonomous AI SOC platform. The funding will accelerate the development of technology designed to automate threat investigations and improve security posture for enterprises.

Paris-based Escape raises $18M to deploy AI agents for automated cybersecurity. The funding accelerates their platform's goal to simulate attacks and remediate vulnerabilities in live systems.

EDRi sues YouTube in Belgium, alleging its recommender system violates the Digital Services Act. The complaint targets the platform's user autonomy safeguards under new EU digital rules.

Isembard secures €43M to scale software-powered factories for aerospace and energy sectors, planning 25 new sites by 2026. This funding fuels expansion into Germany, France, and Ukraine, boosting industrial automation across Europe.

European cloud storage alternatives challenge US giants. Spanish startup Internxt offers 1TB for just €16 annually, aiming to reduce reliance on American tech services.

Fewer than 10% of eligible German companies registered for NIS2, stalling the EU's cybersecurity directive rollout. Non-compliance risks significant fines for businesses across the bloc.

EU's AI Act links mandatory regulation with standardization, turning technical norms into a legal tool. This approach aims to shape AI development and compliance across the bloc.

Spain launches Numant-IA, a new data center in Soria dedicated to artificial intelligence for defense. The project integrates advanced computing and algorithms, marking a significant step in Spain's technological military capabilities.

UK legal tech firm ILS secures over $3M seed funding to automate investment fund workflows. ProVision platform uses AI and GDPR compliance to streamline legal processes, already managing 5,000+ side letters.

Saltz secures €20M to digitize Europe's fragmented food supply chain. The B2B marketplace connects chefs directly with suppliers, streamlining orders and payments across 20 countries.

Berlin's data protection officer blasts proposed changes to transparency and data protection laws. The watchdog argues the planned amendments ignore European regulations and reduce, rather than increase, public access to information.

Isembard snaps up $50M to deploy AI-powered manufacturing factories across the UK and Europe. The UK startup's software aims to automate key industrial components, with plans for 25 factories by 2026.