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Dutch military backs Intelic’s drone software with tens of millions of euros

Defence, Digital Marketing, Drones, Europe, Next Featured, SEO Tips, Technology /

The three-year deal aims to let drones from different manufacturers operate under one command system, a lesson the Netherlands says it has drawn from Ukraine. The Netherlands’ Ministry of Defence is putting tens of millions of euros into Intelic, a Dutch startup whose software lets drones from competing manufacturers operate under a single command system. […]

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HCLTech wins $1.14bn deal with a European firm, its biggest since 2023

Business, Digital Marketing, Europe, SEO Tips, Technology /

HCLTech has signed a $1.14 billion contract with a major European company, the Indian IT services group said Thursday, in what is its largest single deal since a $2.1 billion agreement with Verizon in August 2023. The client is described only as a Fortune Global 50 firm, and neither side has named it publicly. The […]

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EU lawmaker who investigated spyware abuse was hacked with Pegasus

Data and security, Digital Marketing, Europe, Next Featured, SEO Tips, Technology /

Stelios Kouloglou spent two years on the European Parliament committee set up to investigate governments spying on their own citizens with commercial hacking tools. According to a report published Friday by Citizen Lab, the University of Toronto research group, his own phone was hacked with Pegasus spyware while that inquiry was under way. Kouloglou, a […]

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Quantum Systems raises $1.2bn and doubles its valuation to $8bn as defence money floods in

Artificial Intelligence, Deep tech, Digital Marketing, Europe, robots, SEO Tips, Startups and technology, Technology /

Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian company announced the Series D on Thursday. Blackstone, Noteus, Airbus, and Advent co-led it. […]

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Getty scraps its $3.7bn Shutterstock merger after a UK regulator won’t budge

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

A $3.7bn plan to merge the world’s two biggest stock-photo libraries has collapsed. The reason is not America, where regulators waved it through. It is Britain, where a single condition proved a deal-breaker. Getty Images will terminate its merger with Shutterstock, the company said this week. Its board voted unanimously to walk away after the […]

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Google loses final appeal over record €4.1 billion EU Android fine

Digital Marketing, Europe, Legal, Next Featured, SEO Tips, Technology /

The Court of Justice of the European Union has dismissed Google’s final appeal against a €4.1 billion antitrust fine, ending an eight-year fight over how the company built Android into a vehicle for its search and browser dominance. The ruling, handed down on Thursday, leaves the penalty intact and closes off any further judicial route […]

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Novo Nordisk’s owner backs an Italian fund to grow drug startups beyond Denmark

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

Novo Holdings, the investment company that controls Novo Nordisk and holds the wealth of the Novo Nordisk Foundation, is backing a fund aimed at Italian drug startups, according to Bloomberg. The move extends a pattern that has seen the Danish investor push capital into life sciences hubs well outside Copenhagen, including European deep-tech vehicles backed alongside the […]

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China and US risks leave Europe’s chip sector facing a bleak future, report warns

Digital Marketing, Europe, Insider, SEO Tips, Technology /

A new report from the EU Institute for Security Studies (EUISS) and the French think tank Institut Montaigne warns that Europe’s semiconductor sector faces a bleak future, squeezed between Chinese export controls and a growing dependence on US technology. The study, published on Thursday, forms part of an 18-month, EU-funded project called the Chips Diplomacy […]

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AI’s hopes and fears take over the world’s big central-bank gathering

Artificial Intelligence, Digital Marketing, Europe, Insider, SEO Tips, Technology /

Every summer the world’s most powerful central bankers decamp to a hillside town outside Lisbon to argue about the economy in relative calm. This year the argument had a single organising subject, and it was not inflation in the usual sense. It was artificial intelligence, and specifically the awkward fact that nobody in the room […]

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Portugal open-sources Amália, its first national AI model, in a bet on European Portuguese

Artificial Intelligence, Digital Marketing, Europe, SEO Tips, Technology /

A country of just over 10 million people now has a large language model that speaks its own version of the language. Portugal has released Amália, its first national AI model built specifically for European Portuguese, and it has done so in about the most deliberate way a government can. The model, its training data […]

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