News

The EU's digital euro project faces pressure from banks wanting a weaker version and a tight timeline. The European Central Bank plans a pilot next year, but the European Parliament still debates critical privacy issues.

UK startups Ineffable Intelligence and Ebury secured significant funding rounds of $1. 1B and £550M respectively....

Amsterdam's VNYX secures over €1M in funding to automate fashion resale, slashing processing times from 19 to 3 minutes. The FashionTech startup aids compliance with EU laws banning goods destruction and offers a profitable alternative to dumping.

Germany advances EU Cyber Resilience Act implementation, designating the BSI as the central market surveillance authority. This move positions the agency as a digital TÜV for connected products, ensuring their cybersecurity standards.

Featherless. ai secures $20M to expand its serverless platform for open-source AI, offering enterprises AI independence....

Rokid launches AI-smartglasses in Europe, directly challenging Meta's market presence. The company unveiled its latest products in Munich, marking its official entry into the European market.

Civil society launches a summit to counter "simplification" proposals threatening EU digital protections. The convening aims to centre public interest, data protection, and rights in the EU's vision for tech laws and practices.

SPRIND, Germany's innovation agency, launched a €125M competition for Europe's first frontier AI labs. Applicants must aim to leapfrog current AI leaders, with up to €1 billion in follow-on funding available.

The Digital Markets Act (DMA) shows potential but faces criticism for lax enforcement by the European Commission. Gatekeepers continue to dominate digital markets due to political interference and a laissez-faire approach to its implementation.

Italy's AGCM closes probes into DeepSeek, Mistral AI, and Nova AI over AI hallucination disclosures. The authority accepted binding commitments, setting a benchmark for transparency with a 120-day compliance window before potential fines.

Kigen secures €11. 5 million to scale eSIM cybersecurity solutions....

EU lawmakers are wrestling with proposals for a Digital Euro, with a contentious "holding limits" feature temporarily shelved. Key issues like data protection and offline payment capabilities remain unresolved as the deadline for agreement looms.

noyb sues Hamburg data protection authority over inaction on PimEyes facial recognition. The DPA is refusing to act, claiming PimEyes is based in Dubai despite acknowledging its practices are illegal.

EU trilogue talks on AI Act reform failed, delaying loosened rules for AI in industry. Disputes over classifying industrial AI and banning non-consensual deepfakes continue, risking key protections.

Grecia quiere eliminar por completo el anonimato en internet. El gobierno busca exigir la revelación de identidad en plataformas digitales para combatir deepfakes y desinformación.

Gifting marketplace Udora raises €8. 5 million, focusing on European growth and AI personalisation....

EU-Kommission wirft Meta vor, Kinder unter 13 Jahren nicht wirksam von Instagram und Facebook fernzuhalten. Meta verstößt damit gegen den Digital Services Act (DSA) und muss Risiken für Minderjährige besser identifizieren.

Greece's €4 million AI Smart Policing programme, including facial recognition, has been ruled unlawful by the Hellenic Police's data protection authority. The decision confirms concerns about data protection violations and misuse of AI technologies.

Commission urges EU Member States to accelerate rollout of secure age verification app by year-end. The app protects minors from harmful online content and can integrate with the EU Digital Identity Wallet.

Málaga's Freepik relaunches as AI platform Magnific, reporting €196 million ARR. The company now integrates image, video, audio generation, and collaboration tools in one environment....