Europe

Auto Added by WPeMatico

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 […]

This story continues at The Next Web

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

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 […]

This story continues at The Next Web

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

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 […]

This story continues at The Next Web

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

Norway’s $2.3tn fund backs a human-rights review at Palantir

The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vote in favour of shareholder proposals calling for a human-rights review at […]

This story continues at The Next Web

Norway’s $2.3tn fund backs a human-rights review at Palantir Read More »

EU-Nough tech rules? Founders, policymakers, and operators meet in Amsterdam to discuss Europeʼs scaling reality

Independent research by DutchBasecamp and Ogni, based on 150+ founder perspectives acrossEurope, will be revealed at an exclusive Amsterdam event co-hosted with CCIA Europe on June 30. Across Europe, startup and scale-up founders are increasingly warning that fragmented and overlapping digital regulation is slowing down innovation, delaying expansion, and making it harder tocompete globally. GDPR, […]

This story continues at The Next Web

EU-Nough tech rules? Founders, policymakers, and operators meet in Amsterdam to discuss Europeʼs scaling reality Read More »

Anthropic’s Milan office lands with Generali, Pirelli and Enel as named Italian customers

The formal opening of Anthropic’s sixth European office lands the same week as Pope Leo’s AI encyclical, with the company naming a roster of Italian enterprise deployments. nthropic formally opened its Milan office on Wednesday, the sixth European location for the US AI lab after London, Dublin, Paris, Zurich and Munich. The opening completes the […]

This story continues at The Next Web

Anthropic’s Milan office lands with Generali, Pirelli and Enel as named Italian customers Read More »

Morgan Stanley doubles its forecast: European banks could shed 20% of jobs on AI

The May estimate is twice the bank’s January figure, and the workforce cuts are already happening at UBS, ABN Amro and HSBC. Morgan Stanley has doubled its forecast for AI-driven job losses across the European banking sector, estimating that as much as 20% of total banking employment could be eliminated by 2030 as lenders push […]

This story continues at The Next Web

Morgan Stanley doubles its forecast: European banks could shed 20% of jobs on AI Read More »

Brussels fines Temu €200M under the DSA for unsafe baby toys and faulty chargers

The Temu fine, the second-ever DSA penalty after X’s €120M in December, gives the EU’s online-safety regime its first major Chinese-platform enforcement case. The European Commission has fined Temu, the Chinese e-commerce platform owned by PDD Holdings, €200m (roughly $232m) under the Digital Services Act for failing to prevent the sale of unsafe products to […]

This story continues at The Next Web

Brussels fines Temu €200M under the DSA for unsafe baby toys and faulty chargers Read More »

AtlasEdge raises $1.2bn in debt to scale its European data-centre footprint

AtlasEdge, the European data-centre operator jointly owned by Liberty Global and DigitalBridge, has secured roughly $1.2bn in debt financing to scale its data-centre footprint across the continent, according to a Bloomberg report on Thursday. The facility is the largest single financing AtlasEdge has raised since its 2021 formation and lands in a stretch of unusually […]

This story continues at The Next Web

AtlasEdge raises $1.2bn in debt to scale its European data-centre footprint Read More »

France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure

A new report on the French tech ecosystem by Alexandre Dewez, a partner at venture firm 20VC, paints a picture of a startup scene that is growing more dependent on a handful of AI companies while the rest of the market stalls. French startups raised €6.7 billion across 411 funding rounds in 2025, a 5% decline in […]

This story continues at The Next Web

France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure Read More »

Shopping Cart