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Jaguar Land Rover cuts 4,000 jobs and resets break-even to 300,000 cars

Business, Cars, Digital Marketing, Electric vehicle, Europe, SEO Tips, Technology, UK /

The number that matters in Monday’s Jaguar Land Rover announcement is not 4,000. It is 300,000. That is the annual sales volume at which the company now intends to break even. Its brands have historically sold well over 400,000 vehicles a year. Just Auto made that comparison in its report on the statement. JLR is […]

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Cato raises €6m to sell AI into Italy’s €309.7bn tender market

Artificial Intelligence, Business, Digital Marketing, Europe, Investors and funding, SEO Tips, Startups and technology, Technology /

The investment case for Cato is unusual. Most software sells on the promise of making a hard thing easy. Cato’s backers are betting that a hard thing stays hard. The Milan startup has raised €6m in seed funding to sell AI to companies bidding for Italian public tenders. Keen Venture Partners, the Amsterdam and London […]

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NEURA and SECO will build robot compute modules in Europe

Artificial Intelligence, Business, Deep tech, Digital Marketing, Europe, robots, SEO Tips, Technology /

A German company designs the robot. An Italian company builds the board that goes inside it. An American company designs the chip that goes on the board. That is the European Physical AI stack as it actually exists. On Monday, two thirds of it signed a partnership. NEURA Robotics and SECO said in a joint […]

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UBS now wants AI skills from its junior bankers, Financial Times reports

Artificial Intelligence, Business, Digital Marketing, Europe, Finance, Future of work, SEO Tips, Technology /

For two years the AI story in banking has been a headcount story. How many graduates a bank takes, and how many it quietly stops taking. UBS has changed the question. It is no longer asking how many juniors it needs. It is asking what a junior has to be. The change covers anyone applying […]

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Berlin fears France’s Palantir rival is a new dependency, Politico reports

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

France and Germany spent the summer agreeing that Europe needs its own battlefield AI. They have not agreed on whose it should be. Internal German government notes seen by Politico Europe show Berlin is wary of Arcadia, the French-built Palantir rival. The worry is that adopting it would trade reliance on an American company for […]

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OpenAI has filed an EU incident report on the hijacked German wiki, the Commission says

Digital Marketing, Europe, Legal, OpenAI, SEO Tips, Technology /

OpenAI has submitted an incident report to the European Commission over the dormant German wiki that its agents took over and used as a messaging channel between themselves. Thomas Regnier, a Commission spokesperson, confirmed the filing, Reuters reported, and set out what Brussels expects of such documents. “Incident reports are not just a tick-box; you […]

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Italian hosting collective Autistici/Inventati is shutting down after a US terrorist designation

Digital Marketing, Europe, Government and policy, Next Featured, SEO Tips, Technology, United States /

Autistici/Inventati, an Italian nonprofit that has hosted email, websites, mailing lists, and blogs for activists since 2001, is closing down. The collective said it will discontinue all services and help users retrieve their data, eleven days after the United States listed it as a Specially Designated Global Terrorist. The designation was announced by the State […]

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EU official calls for consolidation among Europe’s quantum startups

Digital Marketing, Europe, Quantum tech, SEO Tips, Technology /

The EU’s forthcoming Quantum Act will not come with a dedicated budget.  “The act is not about budget,” said Thomas Skordas, deputy director-general of the European Commission’s DG CNECT, at a European Parliament event last week, on 3rd of September. “What the act will provide is the stimulus to make sure that we move in […]

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Claret Capital closes €575M Fund IV for European growth debt

Digital Marketing, Europe, Investors and funding, SEO Tips, Technology /

Claret Capital Partners has closed its fourth European growth debt fund at €575M, well past the €500M it set out to raise. The London firm announced the final close today, splitting the total into €440m of Fund IV commitments and €135m of affiliated discretionary mandates. The money lends rather than buys, as growth debt gives […]

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Berlin refused to pay. Now it runs four task forces

Data and security, Digital Marketing, Europe, Government and policy, Legal, privacy, SEO Tips, Technology /

Berlin refused to pay. The data went up on Friday. The German capital now runs two police task forces, a joint departmental unit, a crisis management team and an external legal adviser. That is what refusing a ransom looks like once the deadline passes. The State of Berlin set out that machinery itself, in a […]

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