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Skan AI announced $63m in funding on Wednesday, co-led by Cathay Innovation and Dell Technologies Capital. What the money is buying is not a model. It is a record of how people at large companies actually do their jobs. Skan builds that record by watching them work. Avinash Misra, the co-founder and chief executive, reached […]
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Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and it is now one of Europe’s most valuable startups. Eight months ago it raised […]
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‘It’s still day zero’: Lovable is worth $13.3bn, and the EU just became a shareholder Read More »
Anthropic has begun attaching machine-readable marks to the text and images that its Claude models generate, and will apply them to users worldwide rather than only in Europe, after signing a European Union code of practice tied to new transparency rules that took effect on 2 August 2026. The company confirmed in a support document that it […]
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Meta and TikTok have agreed to fact-check content about Spain’s border crossings, a voluntary commitment brokered by Brussels after a catastrophe that showed how quickly a viral video can turn into a matter of life and death. The accord follows the events of 30 July, when more than 70,000 migrants surged towards Ceuta, the Spanish […]
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Meta and TikTok agree to fact-check border content after Ceuta tragedy Read More »
Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest around €5bn ($5.7bn) by 2030 in a strategy that pivots hard toward data centres, and toward the electricity they consume in ever greater […]
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Germany’s Uniper pivots to data centres with a €5bn plan to power the AI boom Read More »
Lovable has become the first coding agent platform certified under AIUC-1, a security standard for AI agents that comes with something unusual attached: the certifying body also underwrites the risk. Customers using a certified agent are insured, through Lloyd’s of London, against the failures the standard is meant to prevent. Certification and liability arrive together. What […]
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Lovable’s answer to enterprise AI risk is an insurance policy from Lloyd’s Read More »
Valve has emailed European customers who ordered a Steam Machine or a Steam Controller. A cyberattack on CEVA Logistics, the firm that ships Valve hardware across Europe, took their delivery details. CNET’s Tyler Graham reported the warning on Monday. CEVA told Valve about the breach on 7 August, and Valve spent the following days working […]
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Valve is warning Steam Machine buyers that scammers have their address Read More »
Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valuation. Storonsky owns about 29% of Revolut today. The new package […]
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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn Read More »
Palantir is having a remarkable week. Its shares jumped almost 30% on Tuesday. Chief executive Alex Karp forecast revenue nearly doubling to $8bn this year, and called demand “otherworldly”. In the same week, a report found it pays almost nothing in tax outside the United States. The numbers are sharpest in Britain, Palantir’s biggest market […]
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Palantir holds £670m of UK contracts. In 2024 it paid £2m in corporation tax. Read More »
Europe missed out on building the AI labs, and is quietly cashing in anyway. The continent’s established tech and industrial giants have emerged as unexpected winners of the AI boom, according to Reuters, even as its startups struggle to rival OpenAI or Google. The pattern is a lesson in where the money actually lands. Frontier […]
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Europe missed the AI labs but is winning the toolshed Read More »