News - For Business

Multiverse secures $70M at a $2. 1B valuation to expand its AI-upskilling platform across Europe....

Euan Blair’s Multiverse secures £70M at $2. 1BN valuation to expand AI training across Europe....

Twin Prime lands $10M pre-seed for defence AI models, partnering with European firm Theon. The joint venture will develop and deploy bespoke AI solutions to augment Theon's defence product offerings.

Brussels launches a new €100M fund to back European AI startups, aiming to foster innovation in the B2B SaaS sector. The initiative supports early-stage companies and aims to scale global SaaS ventures.

Barcelona's Dolfin secures €2. 1 million Seed funding to enhance its AI-driven sales compensation platform....

Europe's reliance on external cloud providers poses significant political and data sovereignty risks. This dependency, particularly for AI development powered by US-made GPU chips, exposes vulnerabilities beyond technological capabilities.

Berlin-based n8n doubles valuation to $5. 2BN after SAP strategic investment....

EU's Digital Markets Act compels browser choice screens, boosting Firefox by 6 million users, with a 113% rise on iPhones. The European Commission reviews the DMA's impact, noting gains for other browsers like DuckDuckGo.

Brussels pushes EU-wide social media age protections for children. An EU age-verification app is technically complete, with bloc-level rules on minimum social-media ages next.

African-Startups. com launches as sister publication to EU-Startups, covering Africa's tech ecosystem....

Algorithmiq moves its global headquarters to Milan, Italy, securing €18M in venture capital for its quantum software. This funding represents Italy's largest quantum startup investment, bolstering Europe's deeptech commercialization efforts.

London’s Fifth Dimension secures €22M for its AI-powered decision intelligence platform for real assets. The funding will scale their solution that unifies fragmented data into an actionable intelligence layer for investors.

European Commission commissions three studies on technical solutions for marking and detecting AI-generated content. The research supports development of a Code of Practice for AI-generated content, examining text, audio, and image/video modalities.

Copenhagen's Reel raises €15 million to make renewable energy predictable. The company will use the funding to refine products and build a commercial team in Germany.

The European Commission is seeking feedback on draft guidelines for AI Act transparency obligations. Stakeholders can participate until June 3, 2026, with input considered for the final report.

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 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.