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UiPath spent much of the year as one of software’s biggest disappointments. Now the Romanian-founded automation firm is clawing back. Its first profit and an all-in bet on AI agents are the reason. Shares in UiPath have rebounded in recent weeks. They are up around 15 per cent over the past five days, lifting the […]
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UiPath shares rebound as Wall Street warms to its AI-agent pivot Read More »
Few people have done more to automate the office than Daniel Dines. So it is striking that the UiPath founder’s message on AI and jobs is a plea for patience, and a confession that he feels the anxiety too. Dines built UiPath into one of Europe’s biggest software success stories by selling robots that do […]
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The automation billionaire is telling bosses not to cut too fast Read More »
The AI boom needs somewhere to live. Data centres, power lines, and factories all start with months of paperwork before a single wall goes up. A British-founded startup says its AI can cut that grind by 95 per cent. The company is Build, and on Tuesday it raised $8.5mn (€7.4mn) in seed funding led by […]
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Build raises $8.5M to speed up the paperwork behind data centres Read More »
The buzziest corner of finance AI is not the trading desk. It is the dull middle office, where staff keep thousands of portfolios in line with spreadsheets. A London-founded startup just raised $27mn to automate exactly that. The company is MDOTM. It has closed a $27mn growth-equity round led by Expedition Growth Capital, it said. […]
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London’s MDOTM raises $27M to put AI inside wealth managers Read More »
A Belgian cybersecurity unicorn has bought an Israeli startup with an unusual trick. Its AI agents fix an open-source flaw without breaking the app that depends on it, something most security tools cannot do. Aikido Security, based in Ghent, became Europe’s fastest cybersecurity company to reach a $1bn valuation in January. It has now acquired […]
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Aikido buys Israel’s Root to patch open source with AI Read More »
TikTok is considering cutting about 300 jobs at its European hub in Dublin, according to an email to staff seen by Bloomberg. For the people affected, that number is not abstract. The proposed redundancies would fall on roughly a tenth of the company’s local workforce of around 3,000, and they follow a similarly sized round of […]
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TikTok weighs about 300 more job cuts at its Dublin hub Read More »
Apple chief executive Tim Cook and the European Union’s technology chief spoke by video call on Monday, and both sides came away describing the exchange as “constructive”. That word is doing a lot of work. Executive Vice-President Henna Virkkunen, who oversees the bloc’s digital rulebook, held the meeting with Cook on 30 June. An EU […]
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EU tech chief and Tim Cook hold ‘constructive’ talks as Siri AI stays blocked in Europe Read More »
Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schneider Electric said on June 30, 2026 that it had agreed to acquire all of Cognite in an all-cash deal worth $3.1bn. Cognite builds software that […]
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Schneider Electric buys industrial-AI firm Cognite for $3.1bn Read More »
The European Commission has decided to look closely at how you straighten teeth, or more precisely, at the machine a dentist uses to scan them. Brussels has opened a formal antitrust investigation into Align Technology, the American company behind Invisalign, over suspicions that it illegally ties its iTero intra-oral scanners to its clear aligners across […]
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EU opens antitrust probe into Align over Invisalign and scanner tying Read More »
Germany is quietly building its own brain for future air warfare, and it wants Helsing to write the code. Berlin is lining up a €580mn contract for the Munich AI firm. The software would link fighters, drones, satellites and sensors, according to documents seen by Politico. The deal salvages something from the wreckage of Europe’s […]
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Germany wants Helsing to build the brain of its next air war Read More »