Auto Added by WPeMatico
Mistral is in funding talks to raise about €3bn ($3.5bn) at a valuation of roughly €20bn, Bloomberg reported on Friday, citing people familiar with the discussions. That would nearly double the price investors put on Europe’s leading AI startup just months ago. The talks are early, and the terms could change. The valuation may even […]
This story continues at The Next Web
Mistral is in funding talks at a €20bn valuation Read More »
OpenAI acquires Ona, the company once known as Gitpod, in its latest enterprise play. The deal, announced on Thursday, folds Ona’s secure cloud platform into Codex, OpenAI’s coding agent. Terms were not disclosed. Codex is on a tear. OpenAI says more than 5 million people now use it each week, up 400 per cent since […]
This story continues at The Next Web
OpenAI acquires Ona to run Codex agents inside the customer’s own cloud Read More »
On 11 June, Pleo told finance teams that AI agents would soon free them from administrative work. The next day came the Pleo layoffs: the Danish spend-management fintech had cut around 50 of its own staff, most of them in engineering and data. The product launch came first. Pleo unveiled a suite of “agentic” AI, […]
This story continues at The Next Web
Pleo layoffs hit engineers a day after it launched finance AI agents Read More »
Infineon Technologies is preparing to open its largest single investment, a €5 billion semiconductor factory on its Dresden campus, on 2 July. The Smart Power Fab, which received approximately €1 billion in EU Chips Act subsidies, will produce power semiconductors used in AI data centres, electric vehicles, and renewable energy systems. The opening arrives three […]
This story continues at The Next Web
THEKER, the Barcelona-based AI robotics company, has raised €73 million ($85 million) in a Series A to scale its generalist factory robots across industrial production environments. The round was led by CRV, with participation from Samsung, LVMH, Cathay Innovation, 20VC, Henkel Ventures, Korelya, and Bright Pixel Capital. It marks Samsung’s first-ever investment in a Spanish […]
This story continues at The Next Web
Barcelona’s THEKER raises €73M to deploy AI-native factory robots that learn on the job Read More »
An Irish company that uses AI to stop crashes before drivers see them coming has raised up to €49m to expand in North America and Europe. CameraMatics, founded in Dublin in 2016, makes a video-telematics platform for commercial fleets. Its cameras and software watch the road and the cab at the same time. The system […]
This story continues at The Next Web
Irish fleet-safety firm CameraMatics raises up to €49M to take on Samsara in the US Read More »
One of Europe’s oldest deep-tech specialists is opening a London office, and pitching it as a fresh expansion into new territory. Companies House tells a slightly different story. Vsquared Ventures, founded in Munich and known for raising one of Europe’s largest early-stage deep-tech funds, quietly incorporated its UK entity back in October 2024, some 18 […]
This story continues at The Next Web
Germany’s Vsquared is taking on Atomico and Balderton on their London home turf Read More »
Deezer has built a free tool that will tell you how much of your music was made by a machine, even if you stream it somewhere else. The French service has opened its AI-music detector to the public, letting anyone scan their playlists on Spotify, Apple Music, and around 20 other platforms for AI-generated tracks. […]
This story continues at The Next Web
Deezer’s new free tool scans your Spotify and Apple Music playlists for AI slop Read More »
Mercedes-Benz is leaning deeper into defence. The carmaker has signed a memorandum of understanding with TYTAN Technologies, a Munich counter-drone startup, to develop vehicle-based systems that detect and shoot down hostile drones, built on its G-Class SUV and Sprinter van. Mercedes calls the defence sector “a strategic growth field”. The deal, signed at the ILA […]
This story continues at The Next Web
A German startup wants to rebuild online commerce for shoppers who are not human. ShopAgentic has raised a €1.9mn pre-seed to do it. May Ventures and Greenfield Capital co-led the oversubscribed round. What ShopAgentic is building ShopAgentic calls itself a “native agentic commerce system”. It runs a squad of specialised AI agents, each owning one […]
This story continues at The Next Web
ShopAgentic raises €1.9M to build commerce infrastructure for AI shopping agents Read More »