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A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy

Focused Energy, a Germany-based fusion startup, has raised an oversubscribed $240 million Series A round to develop a commercial reactor based on the same approach that produced the world’s first controlled fusion reaction with net energy gain. The round, led by German utility RWE, brings the company’s total private capital to $300 million. Focused Energy […]

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WeRide and Uber take their robotaxi partnership to Madrid

The robotaxi map of Europe has been filling in city by city, and on Tuesday Madrid joined it. WeRide and Uber said they will launch what they call Spain’s first commercial robotaxi pilot in the Region of Madrid, with rides bookable through the Uber app and operations expected to begin later this year. The launch […]

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Uber picks Munich for its next robotaxi push, with Autobrains and Nvidia

The ride-hailing company is betting that Germany’s automotive heartland, and a less sensor-heavy approach to autonomy, can finally make robotaxis scale in Europe. Munich is about to become a test of a particular theory: that the cheapest way to put a driverless taxi on a European street is to stop building special cars for it. […]

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Anthropic is finally giving the EU access to Mythos, ending weeks of standoff over the world’s most powerful cybersecurity AI

Anthropic has agreed to give the European Union’s cybersecurity agency, ENISA, access to Claude Mythos, the AI model that has autonomously discovered more than 10,000 high- and critical-severity zero-day vulnerabilities across every major operating system and web browser. The decision, communicated to the European Commission over the weekend, makes ENISA the first EU institution to join […]

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Salesforce is acquiring Contentful to give Agentforce a content layer that can assemble experiences on the fly

Salesforce has signed a definitive agreement to acquire Contentful, the API-first headless content management platform used by more than 4,800 enterprises to deliver digital experiences across web, mobile, and emerging channels. The deal, announced on Sunday, does not disclose financial terms. Contentful was last valued at more than $3 billion in a 2021 Series F round […]

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Two days to go: TNW’s Amsterdam gathering on what it takes to win in AI-native SaaS

If you have been meaning to register for the TNW, Oneflow & Flexas Gathering Amsterdam and have not got round to it, this is the moment. The event takes place on Wednesday 3 June at De Weesper on Weesperstraat, and the guest list is nearly full. Tickets remain free, but only for as long as there […]

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Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push

European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. On Monday it launched “Built in Europe,” a campaign backed by […]

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SoftBank is investing €75 billion to build 5 gigawatts of AI data centres in France. It’s Son’s biggest European bet.

SoftBank plans to invest as much as €75 billion ($87 billion) to build 5 gigawatts of AI data centre capacity in France. It is the Japanese conglomerate’s biggest AI infrastructure commitment in Europe. CEO Masayoshi Son and President Emmanuel Macron are expected to formally announce the deal at the Choose France Summit this weekend. The […]

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Ferrari’s CEO says the Luce deserves “respect.” Its former chairman says it deserves a different logo.

Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday. By Tuesday, Ferrari’s Milan-listed stock had fallen 8%. Vigna said the price was fair for innovation and that the Luce has […]

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Bank of Italy says it is talking to the world’s big AI firms

Governor Fabio Panetta used the central bank’s annual assembly to pitch AI as a fix for Italy’s chronic productivity problem, and to say the bank is already engaging the firms building it. Central bankers do not usually go out of their way to say which technology companies they are speaking to. Fabio Panetta did. At […]

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