Thursday, 23 July 2026 · Europe
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EUROPES The European Report
European Edition Thursday, 23 July 2026
LATEST

Tech & Startups

European technology, startups, AI and innovation.

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After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fund

Menlo has created a solid rep for itself as an AI investor, all based on one gutsy $750 million move in 2024.

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Klue says hackers stole credential from 2022 that led to customer data breaches

It's unclear why Klue had not revoked the credential after the limited pilot, which hackers then used to breach a system holding k…

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Mark Zuckerberg wants Meta to launch its own prediction market

The app would be independent of Meta's other social media offerings, although sources told the NYT that those social sites could d…

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Anthropic’s Claude Tag is learning your company, one Slack message at a time

Anthropic’s new Claude Tag brings an always-on AI teammate to Slack. But beyond productivity, the feature is a strategic play to c…

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Drones startup Stark confirms €500m raise backed by Sequoia and Founders Fund

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Why Europe is rebuilding its tech stack

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Andy Burnham was Manchester tech’s ‘hype man’. Will he be the same for Britain?

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Steam Machine launches with £879 price tag as Valve cites component costs

Valve said the cost of its PC-console hybrid reflects a broader trend of component costs rising over time.

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What Brexit got wrong — and right — for UK startups

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How global hiring became a growth strategy for European business

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Micron and Anthropic sign a multi-year AI memory supply deal

The chipmaker will supply high-bandwidth memory, DRAM, and SSDs for Claude’s data centres, run Anthropic’s models internally, and …

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Five Eyes alliance warns frontier AI cyber threats are ‘months’ away

The Five Eyes intelligence alliance has issued a joint warning that the next generation of artificial intelligence is poised to su…

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IBM joins OpenAI’s cyber program to bring frontier AI into enterprise security

IBM has signed up to OpenAI’s Daybreak Cyber Partner Program, a tie-up the company says will put frontier AI models to work inside…

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BP, Walmart and 7-Eleven sued over AI-set petrol prices in California

A group of California drivers has sued six of the country’s biggest fuel retailers, accusing them of using an artificial-intellige…

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AI infrastructure startup Baseten raises $1.5bn at up to $13bn valuation as Blackbird makes its biggest-ever bet

The AI infrastructure startup raised $1.5bn in a Series F, with Australia’s Blackbird VC putting in what may be the largest single…

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Meta pauses its employee mouse-tracking program over data-security fears

The Model Capability Initiative, which logs mouse movements and keystrokes to train Meta’s AI, is on hold after sensitive staff da…

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Trump signs orders calling for a powerful quantum computer by 2028

Two executive orders set a research-grade target, push the post-quantum cryptography deadline to 2031, and tie $2bn in grants to g…

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Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout

Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks am…

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Tandem Health CEO: ‘We’re not dependent on OpenAI or Anthropic’

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Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI infrastructure.

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The running list: major tech layoffs in 2026 where employers cited AI

A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year w…

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OpenAI launches new initiative to help find and patch open-source bugs

OpenAI is attempting to tackle the security issues of the open source software community.

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Millions of iCloud users could claim share of £3bn after Apple case given UK green light

Apple rejected the suggestion its practices are anti-competitive, saying many customers rely on third-party alternatives.

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Tesla pushes back on Autopilot narrative after fatal Texas crash

Whether the Autopilot system was truly active, overridden, or malfunctioning likely won't be resolved until investigators finish c…