Sunday, 19 July 2026 · Europe
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EUROPES The European Report
European Edition Sunday, 19 July 2026
LATEST

Tech & Startups

European technology, startups, AI and innovation.

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SoftBank forecasts $5tn annual AI spending by 2040 amid surging energy demands

Masayoshi Son has outlined a staggering $5 trillion annual price tag for artificial intelligence by 2040, underscoring the immense…

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Seoul court pauses regulator move to name Coupang founder as controlling figure

A South Korean court has temporarily blocked the competition regulator from designating Coupang’s founder as the company’s control…

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Rising memory costs push China smartphone shipments into fifth straight quarterly decline

Smartphone shipments in China have fallen for a fifth consecutive quarter as surging memory costs force manufacturers to raise pri…

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White House seeks utility pledge to shield households from AI grid costs

The White House is preparing a voluntary agreement with power companies and state governors to prevent the massive infrastructure …

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Thomson Reuters is cutting engineers and hiring AI-native ones

The meeting was a technology all-hands, held on Monday, and the phrase the company used afterwards was “a small number of roles”. …

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Nvidia halves approved Asian buyers for AI chips amid US export pressure

Nvidia has removed more than half of its Asian customers from its approved buyer list for artificial intelligence chips, a move dr…

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Anthropic's Mythos AI sparks alarm among transatlantic bank regulators

Canada's banking watchdog has taken the rare step of naming Anthropic's Claude Mythos in a cyber risk warning, a concern now mirro…

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Pentagon freezes defence cyber audits over capacity crunch

The US Department of Defense has suspended its flagship cybersecurity audit requirement for contractors, a move that removes a maj…

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NestAI launches military AI to break Europe's reliance on US tech

A Finnish startup has released the first European foundation models built specifically for battlefield drones, offering the contin…

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This founder sold his startup to Klarna for €110m. Now he's raised €12m to build again

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Exclusive: Defence tech Project Q lands €15m Series A 11 months after last raise

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Harvey pushes into European legaltech market

US legaltech unicorn Harvey is expanding rapidly across Europe, opening offices and planning acquisitions to challenge local start…

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Exclusive: Peec rival Promptwatch raises €6m seed round

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Already rich, already successful, why the last wave of tech winners is grinding again

They're rolling up their sleeves again, seemingly out of fear of missing AI's defining moment and, presumably, the irresistible al…

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Uber’s product chief on hotels, robotaxis, and why the company doesn’t want to be “everything for everyone”

Uber Chief Product Officer Sachin Kansal walks TechCrunch through the company's financial-services ambitions, its increasingly com…

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Video generation startup PixVerse raises $439M, valuation soars past $2B

Singapore-based video generation startup PixVerse closed a Series C extension on the strength of 15 million monthly active users, …

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X just tweaked its algorithm to make it more friendly, less battleground

The social media site says it will amplify posts made by users' mutual followers' to give the feed more of a communal feel.

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Hermes agent maker Nous Research in talks for new funding at $1.5B valuation

The company is raising at least $75 million, led by Robot, with significant participation from USV and other prominent investors.

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Satya Nadella has issued a shocking warning to companies using AI

In a surprising blog post on Monday, Microsoft CEO is warning enterprises of the dangers of using proprietary models like Anthropi…

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Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through

A dozen states have sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. The suit, led by California attorney ge…

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Apple says former employee exploited ‘rare’ bug to download confidential files after leaving for OpenAI

Apple would not comment on the "security breach," which allegedly allowed a former employee to download sensitive files from Apple…

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Tesla’s Cybercab drove across a car park, and the real news happened two days earlier

Tesla has said Cybercab employee rides are starting soon at its Texas factory. The announcement came with a clip of a gold Cyberca…

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Google’s big Waze AI update includes a button that makes the app shut up

Google has given Waze a batch of new features, most of them powered by Gemini. The headline additions are a motorcycle mode, perso…

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Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent

Intel is committing 5 billion euros, around $5.7bn, to expand its campus at Leixlip in Ireland. The money is aimed at data-centre …