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Morphotonics raises more than €40M to scale waveguide manufacturing for AI glasses

Morphotonics, a Brainport-based manufacturer of large-area nanoimprint lithography equipment, has raised over €40 million in a Series B funding round. The Veldhoven company plans to use the money to boost production of machines that make waveguides for AI glasses and augmented reality headsets. Previous investors 3M Ventures, Innovation Industries, and BOM increased their commitments, while […]

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Apple’s first live music venue is opening beneath its UK headquarters

Apple is preparing to open a new “state-of-the-art” live music venue in the UK, a 600-capacity space for hosting performances, recording sessions, and video broadcasts. The venue, called Apple Music Hall, is located underneath Apple’s European headquarters in London’s iconic Battersea Power Station, and is set to open next week on September 28th. Details about […]

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Jet2 signs multi-year deal with Adobe to personalise holidays with agentic AI

Jet2, the UK’s largest tour operator and, by its own count, its third-largest airline, has signed a multi-year partnership with Adobe to personalize holiday offers, recommendations, and support for its 10 million myJet2 customers using agentic AI. Jet2 will run Adobe CX Enterprise, the agentic platform Adobe introduced in April, with its CX Enterprise Coworker tool […]

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Finnish AI cloud company Verda raises $189M and it is now the latest unicorn in Europe

Verda, an AI cloud company headquartered in Helsinki and previously called DataCrunch, has raised $189M to increase its computing capacity and develop its platform; the funds came from a Series B round led by Emergence Capital, which was oversubscribed, with additional investment also provided. The company states that this funding round has made it the […]

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