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Former Anduril founders have raised $30 million to build Europe's first synthetic battlefield for defense AI training. The startup aims to create a virtual combat environment for autonomous drones and missiles.
Europe’s EV market share surpassed 25 percent for the first time in June 2026, driven by a nearly 40 percent surge in registrations. The trend reflects strong policy support and growing consumer adoption.
Microsoft and Mistral have announced a multi-billion-dollar deal to build AI infrastructure across Europe, strengthening the region's position in the global AI landscape.
Helsing has raised $1.8 billion at an $18 billion valuation, becoming Europe’s largest defense startup and signaling a major push toward sovereign AI.
Intel is investing 5 billion euros in its Leixlip campus in Ireland to expand data-center processor capabilities and establish one of Europe's few EUV fabrication facilities.
Big Tech companies have piled on $350 billion in AI-related debt, with European markets now feeling the financial strain. The debt surge, driven by massive investments in data centers, raises concerns about long-term sustainability and global economic impacts.
South Korean AI chip startup FuriosaAI has launched its RNGD accelerators in Europe, aiming to offer a cheaper and more energy-efficient alternative to Nvidia's dominance in the AI hardware market.
Uber has paused five of its seven planned European food-delivery launches, reportedly focusing on a potential €10bn acquisition of Delivery Hero. The move reflects strategic realignment amid intense market competition.
French HR startup Skello has raised €200 million in a funding round that increased rather than decreased founders' ownership stakes. The Paris-based company plans to use the funds for European expansion.
Quantum Systems, a German drone manufacturer, has raised $1.2 billion in Series D funding, doubling its valuation to $8 billion. The round was led by Blackstone, Airbus, and others.
OpenAI's new report maps how AI could reshape jobs across the EU, highlighting which occupations may face automation, growth, or workflow changes.
OVHcloud confirms its strong financial performance as public cloud growth surpasses 20%, reinforcing its position in Europe's expanding cloud market.
