Wednesday, 22 July 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 22 July 2026
LATEST

Tech & Startups

European technology, startups, AI and innovation.

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Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more

Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.

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Apple to produce Made in America wireless chips with Broadcom

Apple has signed a $30 billion+ multiyear deal with Broadcom to design and produce more than 15 billion U.S.-made custom wireless …

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Broken AI tests leave European firms exposed to cyber risk

Security benchmarks designed to measure AI hacking capabilities have become obsolete within months, leaving European businesses th…

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Venus Aerospace raises $90M Series B to build a new kind of rocket engine

Build a new kind of rocket engine, and the world will beat a path to your door.

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Blue Origin to raise $10B after New Glenn rocket explosion

Jeff Bezos’s space company is securing a $10 billion investment to recover from a major rocket failure, highlighting the growing c…

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OpenAI buys Northslope to put its engineers inside your business

OpenAI wants the work that once belonged to consultants. Its deployment arm has agreed to buy Northslope, an applied-AI firm, the …

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Mistral CEO frames open-source AI as European security need

A stage blackout at the RAISE Summit inadvertently highlighted Mistral and Mozilla leaders' warnings that Europe must adopt open-s…

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Iluvatar CoreX seeks to raise $850m as China’s AI-chip rally lifts its shares

A year ago, Iluvatar CoreX was a Shanghai chipmaker that sold mostly to the Chinese state. This week it is trying to raise about $…

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Apple puts a $30bn US-manufacturing flag on its Broadcom chip deal

Apple is spending big to make chips at home. It has committed to a multi-year Broadcom deal worth more than $30 billion, Apple ann…

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Beijing bans Claude Code as US targets Chinese AI

Beijing has banned Anthropic’s Claude Code over security fears while Washington investigates US firms using cheap Chinese models, …

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Entire launches a distributed Git network built for AI coding agents

Entire, the developer-platform startup founded by former GitHub chief executive Thomas Dohmke, has launched a preview of a distrib…

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Nvidia backs voice AI startup Gradium, bringing seed round to over $100m

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Venus Williams-backed WeWard can now lock your apps until you hit your steps

With funding from tennis star and angel investor Venus Williams, the French app WeWard says that it increases walking time by almo…

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After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation

Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. …

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France orders Meta back to talks with news publishers over content payments

Meta has been told to go back and talk to France’s newspapers about money. On Wednesday, the country’s competition regulator order…

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Apple starts testing China’s state-backed memory chips, and Washington is watching

Apple has begun testing memory chips from China’s state-backed CXMT for devices sold in China, the Financial Times reports. That p…

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Allianz to cut up to 1,800 jobs as AI takes over call-centre work

The job that AI seems keenest to take is the one on the other end of the phone. Allianz, the German insurance giant, is preparing …

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Outcry as Meta lets users make AI images from public Instagram profile pics

The tech giant said people can opt out - but privacy campaigners called it a "recipe for disaster".

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Nomagic’s warehouse robots got an AI brain, and it halved the calls for human help

Nomagic, a Warsaw-based warehouse robotics firm, put a vision-language-action model into live customer operations. It says the mod…

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Apple loses its EU court challenge over gatekeeper status under the DMA

Apple has spent two years arguing that Europe’s digital rulebook should not apply to it in quite the way Brussels insists. On Wedn…

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Russia tries to jam Starlink to counter Ukraine’s long-range drones

The war in Ukraine has become, among other things, a fight over signals. Russian forces are now trying to jam Elon Musk’s Starlink…

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‘GitLost’: researchers tricked GitHub’s AI agent into leaking private repos

Researchers tricked GitHub’s AI coding agent into leaking private repositories with nothing but a politely worded issue. The flaw,…

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Former OpenAI exec Kevin Weil is now on the board of Stoke Space

Kevin Weil's new role at Stoke Space suggests reusable rockets are the next hot thing in Silicon Valley.

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MiniMax is building China’s biggest AI model yet, and plans to open-source it

MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would …