Tech & Startups
European technology, startups, AI and innovation.
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French-backed Raxio raises $380m for African data centre push
French infrastructure investor Meridiam has backed a $380m funding boost for Raxio Group’s expansion into Tanzania, targeting a ma…
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Brussels eyes social media design limits over child age bans
The European Commission is set to propose restrictions on addictive social media features rather than a blanket age ban, a regulat…
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South Korea flags a record $530bn budget, paid for by the AI chip boom
South Korea will draw up record budget spending of more than 800 trillion won ($530.97bn) for fiscal 2027, supported by stronger t…
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TCS bets on 8,900 AI deployment engineers to defend India’s IT services model
Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition target…
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TSMC breaks ground on more advanced packaging fabs in Chiayi
TSMC will build additional advanced packaging fabs in the second phase of the Chiayi Science Park in southern Taiwan, National Sci…
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Samsung pulls its first Yongin chip plant forward to 2029
Samsung Electronics is moving to begin operations at the first chip plant in its Yongin cluster in 2029, one to two years earlier …
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Europe’s entrepreneurs are pushing. When will the capital markets pull?
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The people set to influence tech policy in Burnham’s Britain
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Saudi-backed Scopely buys Pokémon Go maker for $3.5bn
Scopely, owned by Saudi Arabia's Public Investment Fund, has acquired Niantic for $3.5bn, signaling sustained sovereign wealth fun…
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Lyft expands into Spain with Serveo bike-share acquisition
Lyft's planned acquisition of Spanish bike-share operator Serveo marks a direct push into European markets, even as regulatory cra…
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Ubisoft remake signals pivot to back-catalogue monetisation
Ubisoft’s release of a 13-year-old Assassin’s Creed remake highlights how surging development costs and cancelled projects are for…
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Netflix mulls cable-style channels and bundled rival subscriptions
Netflix is internally discussing the addition of always-on genre channels and third-party subscription bundles, a strategic revers…
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AI has triggered the biggest gas-plant building boom in history, and a quiet fight to stop it
The AI build-out has done something the fossil-fuel industry could not do for itself. It has set off the largest-ever construction…
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Chinese AI lab Zhipu clashes with Beijing over open model access
Zhipu’s founder is lobbying against potential Beijing curbs on open-source AI exports, a debate that will determine whether Europe…
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Meta shares jump 15% on plan to rent out AI infrastructure
Meta's shares posted their best week since early 2024 after outlining a plan to monetise its AI infrastructure, a shift that matte…
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Enterprise AI buyers ditch largest models for cheaper task-specific tools
European businesses are shifting their AI spending away from expensive frontier models toward cheaper, task-specific alternatives …
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Amazon has cut 57,000 jobs, and the people who kept theirs are not fine either
Amazon’s cuts have reached a scale that is hard to absorb. The company has laid off more than 57,000 corporate staff since 2022, a…
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BrainCo seeks Hong Kong IPO with $280m for consumer brain tech
BrainCo's push to bring non-invasive brain-computer interfaces to the mass market poses an early test for Europe's evolving data p…
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Infinite AI demand meets finite power in volatile chip markets
Tech leaders insist artificial intelligence demand is bottomless, but a shift in the industry's bottleneck from silicon to electri…
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Poll: 69% of Americans support state taking half of AI equity
A new survey shows broad US support for a radical bill that would seize half of Big AI's equity, signalling a political climate sh…
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Yosemite targets $350m for AI oncology ventures as pharma patent cliff looms
Reed Jobs's venture firm Yosemite has closed the first tranche of a $350 million fund to build AI-driven oncology startups, signal…
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This slushie machine was a lifesaver during NYC’s heat wave
Last weekend’s brutal NYC heat wave had me craving a frozen drink almost every afternoon. Normally, that would mean sweating…
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Even Realities bets on camera-free smart glasses as it reaches unicorn status
Hardware startup Even Realities has launched its G2 smart glasses and achieved unicorn status, testing whether a privacy-focused, …
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OpenAI shifts ChatGPT focus from individuals to families
OpenAI is hiring a dedicated product manager for families, signalling a strategic shift in consumer AI from individual tools to ho…