News
Daily digest of all European digital development news
Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model
Spanish AI firm Multiverse Computing launches a free, compressed AI model that outperforms Mistral. The HyperNova 60B model, available on Hugging Face, offers a powerful open-source alternative.
Data Protection Reform: Member States Distance Themselves from EU Commission's Plans
EU member states push back against the Commission's "Digital Omnibus" plans, signaling a departure from proposed data regulation overhauls. This move impacts the swift revision of key European digital laws currently under negotiation.
Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report
UK fintech Allica Bank nears unicorn status with $155M Series D, eyeing European expansion and AI development. This significant funding fuels its strategy to become the dominant digital bank for established SMEs.
Radiant and Ori merge to deliver sovereign AI cloud at utility scale
UK AI scaleups Radiant and Ori Industries merge to build sovereign AI cloud infrastructure. This union combines Ori's AI software with Radiant's global compute power, backed by Brookfield's $100 billion AI fund.
AMD wants to be the big alternative to NVIDIA in AI chips, and Meta has a plan involving both
Meta inks a $100B+ deal with AMD for AI chips, challenging NVIDIA's dominance. This massive five-year contract secures AMD significant revenue and accelerates its AI hardware expansion.
A week with the Xiaomi Mijia Smart Audio Glasses has shown me how great it is that your glasses are also your headphones
Xiaomi launches new smart glasses that double as headphones, offering a convenient wearable experience. The glasses integrate audio capabilities, shifting the focus from complex "smart" features to practical audio functions.
USA tried to take down Huawei with bans. Huawei's response: thank you very much for everything
Huawei defies US sanctions with $127 billion revenue in 2025, its second-best year ever. This resilience highlights China's national strategy to bolster the tech giant against international pressure.
Dutch AI inference chipmaker Axelera AI raises $250M
Dutch AI chipmaker Axelera AI secures record €250M Series B, fueling edge inference technology. The funding boosts Axelera's mission to make AI more energy-efficient and deployable on devices.
Everyone wants to take the throne from ASML. Today ASML has decided the throne is higher
ASML unveils EUV light source advance, boosting chip production by 50% by 2030. This innovation intensifies the global race for semiconductor manufacturing dominance.
Movistar is already giving away its Pixel 10a. Additionally, you have movies and great matches like Real Madrid-Benfica for 9.99 euros per month.
"Movistar offers Google Pixel 10a for free monthly with premium plans. This telecom giant is also bundling sports and movie content for just €9....
Spain has just plugged in more batteries in one month than in three years: this is the plan to store our cheapest energy
Spain dramatically accelerates battery storage deployment, connecting over 57MW in January 2026 alone. This surge aims for 22....
United Kingdom will regulate Netflix and other streaming services like traditional televisions
UK mandates Netflix and streaming rivals meet traditional TV content rules. New regulations aim to level the playing field for all broadcasters and platforms.
The New Era of Shopping raises $1.4M Pre-Seed to help brands win in the age of agentic commerce
The New Era of Shopping raises $1. 4M Pre-Seed to help brands connect with AI shoppers....
Power Protocol reaches $15.4M total funding to expand gaming ecosystem
London blockchain platform Power Protocol secures $3M from BITKRAFT Ventures, boosting its gaming ecosystem funding to $15. 4M....
If you don't optimize your resume, AI will filter it out, leaving you out. If you use AI, a human recruiter will leave you out.
AI reshapes hiring as applications flood in, overwhelming recruiters with identical, AI-optimized CVs. Companies now seek human-driven distinction over algorithm-generated sameness.
Amid €65 billion lost each year to stroke and dementia in Germany, nyra health secures €20 million to scale digital neurotherapy
nyra health secures €20M for AI neurotherapy platform scaling in DACH and US. This funding accelerates a data-driven approach to post-stroke and dementia care.
UK brings streaming giants like Netflix, Amazon and Disney+ under broadcaster-style regulation
UK regulators move to control streaming giants like Netflix under new media laws. Ofcom now oversees major VoD platforms, aligning them with traditional broadcasters.
Canva acquires two gems and a Netflix heavyweight to become the ultimate weapon for creatives
Canva acquires Cavalry and MangoAI, hiring a Netflix AI lead to conquer the professional design market. This strategic move aims to unseat complex creative suites with a simplified, powerful platform.
Apple will soon make (some) Mac Minis in the US
Apple launches US Mac Mini production in Texas, an expansion driven by domestic investment pressures. This move signals a shift in manufacturing strategy for the tech giant's popular desktop computer.
From ‘prompt-and-pray’ to production: Straion raises €1.1M to govern AI coding at scale
AI coding startup Straion secures €1. 1M to govern AI-generated code at scale....