Europe

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Denmark steps into an EU court fight over what platforms owe publishers

Denmark has taken a side in one of the quieter but more consequential legal battles over how the internet pays for journalism. The Danish government has filed a written intervention at the Court of Justice of the European Union, backing Belgium in a case brought by a group of technology companies that dispute how Belgium […]

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Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Funding News reported. London’s Iona Star Capital led the seed round. Lord […]

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Finland’s CurifyLabs raises $14M to 3D-print personalised medicine in the US

Your prescription, printed to order. A Finnish startup wants to turn the back room of your pharmacy into a tiny, automated drug factory, and it just raised $14m to do it in America. CurifyLabs has closed a $14m (€12m) Series A, the company announced. The Helsinki firm makes machines and software that let pharmacies 3D-print […]

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Spain’s Sherpa.ai raises $18M for AI that never touches your data

Everyone wants the power of AI. Few want to hand their most sensitive data to a foreign cloud to get it. A Basque startup thinks it has the fix. Sherpa.ai has raised $18m to build AI that never sees your raw data, tech.eu reported. The Spanish company sells to banks, hospitals and governments, the customers […]

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Thought Machine crosses $100M revenue and delays its London IPO to 2028

Most tech founders chase a bigger valuation. Thought Machine’s boss would rather talk about revenue, and he has just crossed a milestone worth boasting about. The London core-banking company has passed $100m in annual revenue for the first time, tech.eu reported. It also took a fresh £30m ($41m) from a “tier 1” bank, and pushed […]

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Mistral CEO warns closed AI models give providers ‘immense leverage’ over your business

Arthur Mensch, cofounder and chief executive of French AI lab Mistral, has urged enterprise leaders to abandon closed AI models. In a LinkedIn post, he argued that closed providers are now forcing data retention and gaining “immense leverage” over their customers’ businesses. As companies connect models to their internal context, Mensch wrote, providers see it, learn […]

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Germany’s most conservative banks are about to let millions of customers buy Bitcoin

Germany’s cooperative banks and savings banks, the local institutions that handle mortgages, current accounts, and small business loans for tens of millions of customers, are rolling out their own cryptocurrency trading services. The move will bring digital asset trading to a population that could barely be persuaded to use credit cards a decade ago. Some of […]

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Macron and Modi are winning the AI infrastructure race with text messages and personal meetings

The global race for AI infrastructure has become a contest of personal relationships. French President Emmanuel Macron and Indian Prime Minister Narendra Modi have emerged as its most aggressive practitioners, personally courting the heads of the world’s largest technology companies to secure data centre investments that will determine where the next generation of AI systems are trained […]

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Europe is coming for loot boxes, and the games industry is bracing

The video-game industry is bracing for a wave of European rules. They could limit what children play, and cost the sector billions in lost sales. A cluster of European regulations is taking aim at how games are sold to minors. Loot boxes are the main target. The shift could crimp sales worldwide, Bloomberg reported. Regulators […]

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SAP freezes hiring and travel to shovel cash into AI

Europe’s biggest software company is tightening its belt to chase artificial intelligence. SAP is freezing most hiring and pausing non-essential travel, all to free up cash for its AI push. The plan landed in an internal email to staff on Wednesday evening. Bloomberg saw the memo, and SAP confirmed the move to The Register. Going […]

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