News

Mistral AI secures €722 million debt financing to build a Paris AI data centre, boosting Europe's sovereign AI infrastructure. This funding supports NVIDIA systems, accelerating the company's AI cloud ambitions and Europe's push for digital autonomy.

French AI champion Mistral AI secures $830M to build a data center near Paris. The startup's funding will purchase Nvidia chips for its infrastructure, ensuring client autonomy.

European Commission admits attackers breached public web systems, but provided minimal details. The extent of the compromise remains unclear following the security incident.

French AI startup Mistral secures $830m in debt financing. The company plans to build cutting-edge European data centers with 200MW capacity by 2027.

Finnish quantum unicorn IQM secures €50 million from BlackRock. The funding accelerates technology development and market entry, ahead of plans for a public listing.

ShinyHunters claims responsibility for a data breach of the European Commission, accessing over 350GB of sensitive material. The stolen data includes mail server dumps, databases, and confidential documents.

Mistral AI secures $830M debt to build its first French data centre, acquiring 13,800 Nvidia GPUs. The French AI startup aims for European AI autonomy, competing with US rivals.

European tech startups secured over €850M across 55 funding rounds last week. Over 15 exits and M&A deals were also recorded, showcasing significant activity across the continent.

French AI firm Mistral AI secures $830M in debt from seven banks to fund its new data centre near Paris. The facility, operational by Q2 2026, is a key part of its European compute sovereignty strategy.

Luxembourg's TerraSpark raises over €5 million for space-based solar power technology. The startup aims to harness solar energy from orbit and deliver it wirelessly to Earth.

Bochum-based deeplify raises €2 million to digitise critical infrastructure inspections. The AI startup will use the funding to modernise asset integrity management workflows, moving away from manual processes.

The European Commission confirmed a cyberattack after hackers claimed to have stolen significant data from its cloud storage. This incident raises concerns about the security of sensitive EU data held by the executive body.

Kandou AI secures $225M Series A to tackle AI memory bottlenecks. Kobalt is sold for €1....

European tech firms launch Euro-Office, a Microsoft-alternative suite for documents, spreadsheets, and presentations. This community-driven initiative aims to provide genuine digital sovereignty and full compatibility for European public administrations and enterprises.

Nextcloud and Ionos fork OnlyOffice to launch a modern, open-source "Euro-Office" suite this summer. The collaboration aims to provide a European-based alternative to existing office software.

German AI startup CNTR hires Apple engineer Alejandro Molina as CTO, relocating from the US. The new firm, founded by Aleph Alpha's ex-CEO, focuses on human-AI collaboration in industrial applications.

Qumulo launches Cork hub to build AI-scale data backbone, creating 50 R&D jobs. The expansion will focus on managing colossal datasets for AI-driven businesses.

Brussels is investing in AI-powered legal workflow automation across the continent. This technology aims to streamline compliance and operations amidst increasing regulatory scrutiny....

PaperShell secures up to €40. 3 million from the EU Innovation Fund for a new factory....

The EU Parliament finalized its position on the AI Act, including a ban on deepfake exploitation. However, criticism mounts over proposed exemptions for AI in medical devices, smartwatches, and toys from key regulations....