News

Consumer groups file DSA complaints against Meta, TikTok, and Google over online scam failures. Platforms allegedly violate the EU's Digital Services Act by not effectively combating fraudulent schemes.

BEUC and 13 consumer groups documented 893 financial scams on Meta, TikTok, and Google between December 2025 and March 2026. The report highlights limited corrective measures by platforms to prevent scam circulation.

Neobank Monzo registers with the Bank of Spain, seeking approval to operate as a branch. This regulatory step allows the UK's Monzo, with 13 million customers, to officially enter the Spanish market.

OpenAI's revenue chief highlights European businesses struggle to extract value from AI due to rapid model advancements. OpenAI launches new unit and acquires Tomoro to embed engineers and bridge this "capability overhang."

French companies bid $10bn for one of the EU’s planned AI gigafactory sites. The Scaleway-led consortium aims to secure the facility, competing against bids from Spain, Germany, and the Netherlands.

Paris-based Prelude secures €17. 2M Series A to enhance user verification and fraud prevention....

EDRi study finds EU Law Enforcement Directive implementation fragmented eight years after entry into application. Five member states show insufficient digital rights protection due to ongoing fragmentation.

Zurich-based AVIAN raises €2. 2M pre-Seed to prevent industrial fires with AI thermal monitoring....

Berlin to host €280M AI-driven materials discovery lab by Dunia Innovations. The GigaLab will industrialize AI-powered material development, leveraging partners like Siemens and NVIDIA.

AI literacy is the foundational skill of 2026: knowing what AI can and cannot do, prompting safely, recognizing hallucinations, and understanding the EU AI Act rules. A practical guide for businesses and governments.

Europe's stringent regulations like GDPR and MDR create a "moat" for AI innovation. New European founders are leveraging this complexity to build AI solutions for healthcare and financial services, previously untouched by software disruption....

IMR will lead a €6. 9m EU project to double remanufacturing output and cut resource use....

European Commission releases draft guidelines on classifying high-risk AI systems. These aim to ensure uniform application and enforcement of the AI Act's Article 6 across providers and deployers.

Brussels launches a targeted consultation on draft guidelines for classifying high-risk AI systems. The consultation, open until June 23, 2026, seeks feedback on the clarity and usefulness of examples provided in the guidelines.

Milan-based Cosmico secures €12M to fuel expansion in future-of-work solutions. The company also acquired creator agency Flatmates, strengthening its presence in Italy and Spain.

EU's AI Act faces scrutiny over regulating advanced models like Mythos. Experts question its effectiveness in addressing rapid AI development and potential vulnerabilities.

Orange and partners announce Via Africa, a new subsea cable connecting Europe and Africa to boost internet resilience. The cable will feature European connections in the UK, France, Portugal, and the Canary Islands, improving international communication diversity.

Europe's €2B sovereign cloud push faces a silicon bottleneck, relying on US Intel/AMD processors despite aiming for independence. These chips contain management engines outside OS control, potentially exposing data to US legal reach.

European Commission proposes new rules to facilitate train travel. A single ticket and transaction promise full rights even with multiple operators.

Germany's Digital Minister Karsten Wildberger wants to ease data protection for AI in public administration. Bundesländer agreed to speed up digitalization by prioritizing AI use over strict data privacy rules.