News

The Dutch Data Protection Authority fines taxi app Yango €100 million for transferring personal data to Russia. The company behind Yango's European operations is based in the Netherlands.

EU Parliament and Council agree to ease AI Act obligations for industry, delaying key high-risk system rules to 2027-2028. A ban on AI-generated sexual deepfakes was also added.

EU nations approve deal to roll back AI restrictions, awaiting formal endorsement from the European Parliament.

Brussels delays AI Act enforcement by 16 months, extending compliance deadlines to December 2027 for high-risk systems. This move follows industry backlash over unworkable rules, with tech firms warning of over-regulation hindering the AI race.

"Why Europe should create its own future, not imitate others? " session on next-gen computing and AI launches....

Quantum Motion secures $160M, the EU Scaleup Europe Fund's first major investment. This UK-based quantum hardware firm's funding marks a significant late-stage commitment from the European Union.

BEUC criticizes the EU's AI Omnibus for creating loopholes and weakening consumer protection by delaying AI Act provisions. The deal rolls back data protections for AI training and exempts machinery from scrutiny, risking future deregulation.

London-based CodeWords raises €7. 6 million for its AI autopilot platform....

The EU Commission's age verification app uses Google developers' technology, raising privacy and dependency concerns. IT experts warn this reliance on a US tech giant could compromise data protection, especially with the upcoming EUDI Wallet.

EU institutions finalize simpler AI rules to spur innovation and ban 'nudging' apps. The AI Act's high-risk system regulations will apply from late 2027, ensuring readiness.

SAP is integrating German AI startup "Spreadsheet AI" into its frontier lab to bolster its in-house capabilities. This move signals the enterprise software giant's strategic push to expand its artificial intelligence development.

Bison Bank launches Portugal's first regulated stablecoin, poised to compete in the European market. The Electronic Money Token aims to offer a new digital financial instrument.

The European Commission demands Spain end regulated electricity tariffs to foster market competition and energy efficiency. Brussels cites financial risk prevention, urging stress tests for energy suppliers to avoid past crises.

The EU's push to phase out Chinese suppliers from critical sectors could cost €367. 8 billion by 2030....

German data protection officials urge EU lawmakers to scrap "mass surveillance" chat control. They argue it breaches end-to-end encryption and is unprecedented for a state governed by the rule of law.

Finnish AI startup Qutwo secures €25M, valuing it at €325M, to build Europe's leading AI lab for the quantum era. The company, focused on its Qutwo OS software platform, has already booked over €20M in contracted revenue.

Coimisiún na Meán launches an investigation into Meta’s content promotion practices. The probe will determine if Meta breached EU Digital Services Act regulations.

German quantum computing start-up Eleqtron secures €57m to develop its proprietary MAGIC technology for trapped ion quantum processors. This deeptech funding accelerates the company's advancement in the competitive quantum computing landscape.

Spain's Humara raises €1. 2 million for its AI SaaS platform that redesigns waste plant operations....

SAP bets $1. 16B on German AI startup Prior Labs to boost its AI capabilities....