Wednesday, 16 September 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 16 September 2026
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Tech & Startups

Tech & Startups

European technology, startups, AI and innovation.

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China narrows the AI gap with the US to a record-low 6%

The gap between American and Chinese AI is closing fast. Chinese models narrowed the performance shortfall to a record-low 6% in June, down from 9% in May, according to B

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Google fined €890M in its first Digital Markets Act penalty

The European Commission fined Google €890 million on Thursday for breaking the Digital Markets Act, the first time Brussels has pe

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EU companies add 256,000 AI roles as old hiring tools fail

European employers are struggling to fill a surge in AI positions because automated CV screening systems can no longer distinguish

Alphabet lifts capex guide to $205bn as Google Cloud jumps 82%

Nvidia donates a DGX GB300 to the US military’s top science school

Nokia Q2 profit beats forecasts as AI data-centre sales double

Intel and AMD lock Chinese data centres into multi-year CPU deals as prices surge

Adecco’s CEO says AI is changing jobs, not destroying them

Trump reports about $1.4bn in crypto income as digital assets eclipse property

ServiceNow takes $40m stake in AI banking firm BusinessNext

Sifted buys Onstage to capture Europe's early startup pipeline

IBM shares plunge 25% on 42% mainframe slump driven by AI costs

AI spending pushes Alphabet and Tesla into negative cash flow

Google AI spending pays off as cloud revenue hits $24.8bn

IBM trims revenue outlook as mainframe sales plummet

US threatens sanctions in Chinese AI intellectual property row

Tesla delays Cybercab and Semi as AI pivot drains cash

OpenAI’s Brockman Says Kimi K3 Is ‘Pretty Good,’ Won’t Confirm Distillation

Plaintiff drops bellwether social media case against Meta

Meta avoids second social media addiction trial as teenage plaintiff drops case

SoundCloud acquires Nina Protocol to bolster indie artist tools

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