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Norwegian deep-tech company Alva Industries has raised €16 million to scale production of its ultra-compact electric motors, targeting applications in EVs, industrial machinery, and consumer electronics.
Norway is banning generative AI tools in elementary schools for children aged six to 13, starting in late August. The move aims to protect young learners from potential misinformation and cognitive risks associated with AI technologies.
Norway bans generative AI tools in elementary schools to protect children's foundational learning skills, emphasizing the importance of mastering core academic competencies before introducing advanced technologies.
Norway’s $2.3 trillion wealth fund has withheld its vote on John Elkann’s reappointment to Meta’s board, citing insufficient time commitment due to his roles at Stellantis and Exor.
Nscale has secured $790 million in debt financing to expand its AI data center in Narvik, Norway, supported by major Nordic financial institutions.
Norway plans to ban social media for children under 16, shifting age verification responsibility to platforms. The move aligns with global trends toward stricter child protection online.
Norway's $2.2 trillion sovereign wealth fund posted a 1.9% loss in Q1 2026, driven by a steep decline in U.S. technology stocks. The fund marginally outperformed its benchmark despite the downturn.
