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Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO

Digital Marketing, Europe, Fintech and ecommerce, Next Featured, SEO Tips, Startups and technology, Technology /

Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storonsky told David Rubenstein earlier this year, “it was easier for him to recruit engineers if he had […]

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EU lawmakers voted to shield colleagues from Belgium’s Huawei corruption probe

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More than a year after Belgian prosecutors asked the European Parliament to lift the immunity of four lawmakers suspected of taking bribes from Huawei lobbyists, the Parliament has voted to keep those protections in place, Politico reported. The decision shields the accused MEPs from questioning by Belgian investigators, who cannot compel testimony or gather key evidence […]

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Europe wants to make sure no one has a kill switch over its technology

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When the Trump administration sanctioned the International Criminal Court’s top prosecutor earlier this year, Microsoft cancelled his email account. The incident was brief and bureaucratic. It was also, for European policymakers, clarifying. If a single American company could cut off a senior international official’s communications at the stroke of a pen, what else could be […]

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Amazon’s new Proteus robot takes plain-language orders, headed to Europe in 2027

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The pitch for Amazon’s new warehouse robot is that you talk to it. At its “Delivering the Future” event at the Dartford fulfilment centre east of London on 4 June, Amazon unveiled a next-generation Proteus that takes instructions in plain language, no technical commands and no programming interface, alongside a plan to invest more than […]

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Merantix Capital closes a €103m fund to back early-stage European AI

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Merantix Capital has closed a €103m fund to invest in early-stage, AI-native teams across Europe, the Berlin firm announced on 4 June. The fund is more than three times the size of its first vehicle, which co-founders Rasmus Rothe and Adrian Locher raised at roughly €30m, and it widens the firm’s remit from companies built […]

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The EU is asking households to cut electricity use during peak hours because AI data centres are straining the grid

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The European Commission has called on households across the bloc to reduce electricity consumption during peak hours, citing the rapid growth of AI data centres, accelerating electrification, and rising overall digital infrastructure demand as factors straining European power grids. The Commission simultaneously published a Data Centre Energy Efficiency Package on 3 June that introduces a […]

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EU tech sovereignty package: chip emergency powers and curbs on US cloud

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The Commission’s ‘AI continent’ rhetoric sits atop draft laws that would let it override chip supply contracts and keep US providers away from sensitive government data. The European Commission unveiled its long-delayed technological sovereignty package on Wednesday, a bundle of four measures meant to loosen the bloc’s dependence on American and Asian technology across semiconductors, […]

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EU court frees Meta’s Marketplace from gatekeeper rules but keeps Messenger in

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The General Court annulled the Commission’s designation of Marketplace under the Digital Markets Act, faulting its reasoning, while upholding the same label for Messenger. Meta walked into the EU’s General Court asking it to strike down two gatekeeper labels and walked out having shed one. On 3 June the Luxembourg court annulled the European Commission’s […]

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Poland will introduce a “sovereignty test” for government tech purchases as Tusk warns AI dependency has reached dangerous proportions

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Polish Prime Minister Donald Tusk has announced that Poland will introduce a “sovereignty test” for significant government purchases of technology solutions, warning that the country’s dependency on foreign digital infrastructure has reached a scale that demands a policy response. Speaking at the European Financial Congress in Sopot on Tuesday, Tusk said Poland will also publish […]

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The EU’s €20 billion plan for five AI gigafactories is falling apart before the first bid is even submitted

Artificial Intelligence, Digital Marketing, Europe, Government and policy, SEO Tips, Technology /

The European Union’s plan to build five massive AI data centres, each with one gigawatt of capacity and approximately 100,000 advanced chips, is stumbling before it starts. The bidding process, originally scheduled for May, has been pushed to July. A lack of funding clarity means only two of the five planned centres can receive money […]

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