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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OpenAI wins US clearance for a broad GPT-5.6 rollout after weeks of government testing

OpenAI has been cleared to release its most advanced model widely, after the US government signed off on a broader rollout of GPT-…

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Geopolitics shifts $75m Esports World Cup from Riyadh to Paris

The Esports World Cup has been hastily relocated to Paris due to Middle East security concerns, delivering a sudden economic boost…

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Perplexity signs up for Nvidia’s Vera CPU as the chipmaker pushes past AI accelerators

Perplexity has become one of the first big AI names to say it will build on Nvidia’s new Vera CPU, the general-purpose chip Nvidia…

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Amazon $25bn bond sale flags limits of AI borrowing

Amazon’s record $25bn bond issue to fund AI infrastructure points to a maturing debt market where investors are growing more selec…

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Hot French startup ZML releases free product to speed inference across lots of AI chips

ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make runni…

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SambaNova raises $1bn to supply on-premises AI chips to banks

Silicon Valley chipmaker SambaNova has secured $1 billion in funding, signalling a broader enterprise shift away from big tech clo…

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Exclusive: Lovable in talks to raise $300m at $13.2bn valuation

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Exclusive: Accel doubles down on energy startup Axle

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The 25 companies Europe’s startup insiders watched most closely in H1

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Final extension: Startup Battlefield Australia applications now close July 20

If you're building something ambitious, this is a fast track to the people who can move your startup forward.

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Meta rolls out Muse, a new AI image generator

The new image-generating model has numerous use cases, including advertising, decorating and creator-based opportunities.

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Why the rise of open source AI isn’t hurting Anthropic … yet

Open-source models’ success isn’t coming at the expense of frontier labs. Instead, they each seem to capture two phases of the sam…

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Tech Life

The impact screen time is having on younger children.

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Microsoft joins AI cost-cutting trend by relying more on its own models

Microsoft is the latest Silicon Valley giant to cut back on its AI spending.

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NZ drops VPN ban plan, highlighting EU age-verification dilemma

New Zealand's government has firmly ruled out restricting VPNs to enforce a youth social media ban, a reversal that underscores th…

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Toyota moves some Tacoma output to Texas, and Trump claims the credit

Toyota will invest $3.6bn to expand its San Antonio plant and move some Tacoma pickup production from Mexico to Texas. The carmake…

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Discord admits AI moderation bug wrongfully banned users over harmless images

Discord has acknowledged that a bug in its AI moderation system mistakenly banned more than 8,000 users over the past two months, …

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Google, Meta, Spotify and Sony fight Belgium’s creator-pay law at the EU court

Google, Meta, Spotify and Sony have taken Belgium to Europe’s top court. They say its copyright law forces platforms to pay creato…

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OpenAI is hiring an investment banker to teach its AI the job

OpenAI is recruiting an investment-banking expert to help train its AI on the trade. The job listing seeks a “subject matter exper…

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Scotland could freeze new datacentres, threatening the UK’s AI plan

Scotland’s governing party wants to freeze every new datacentre in the country. If ministers agree, a core pillar of the UK’s AI s…

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South Korea’s FuriosaAI brings its Nvidia-challenger chips to Europe

A Korean chip startup wants to sell Europe a cooler, cheaper alternative to Nvidia. Its first “renegade” accelerators just went li…

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Anthropic’s Claude Cowork breaks off the laptop and onto your phone

Anthropic has brought Claude Cowork, its Claude Code-style agent for general knowledge work, to web and mobile. The tool launched …

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Meta launches Muse Image AI as it builds cloud business

Meta has released its first image-generation model under Alexandr Wang's lab, a move that expands its consumer AI reach while layi…

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Waymo fireworks chaos on July 4 highlights AV regulatory risks

Waymo's driverless cars stalled in traffic and drove over lit fireworks during US Independence Day celebrations, offering a stark …