Friday, 24 July 2026 · Europe
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EUROPES The European Report
European Edition Friday, 24 July 2026
LATEST

Tech & Startups

European technology, startups, AI and innovation.

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Parafin lands a Goldman Sachs credit facility to embed lending inside Amazon, DoorDash, and Walmart

Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by…

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AI is hurting Apple in more ways than one: it may force iPhone price increases

CEO Tim Cook said in a recent interview that the situation is "unsustainable."

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ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance

ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and call…

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ChatGPT can be made to generate sexualised and violent images, researchers find

But researchers say its still possible to trick the AI chatbot into producing graphic content.

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The Trump Mobile T1 was supposed to be made in America. It’s a Taiwanese phone with a gold coat.

The Trump Mobile T1 is here, and it is not what was promised. When Donald Trump’s eldest sons unveiled it at Trump Tower a year ag…

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A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it.

Telepatia, an AI clinical assistant built for Latin American healthcare, has raised $33 million in a Series A led by Andreessen Ho…

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Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar

Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence c…

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China pitches free AI for the developing world as the G7 debates who gets access to American models

China’s top diplomat Wang Yi announced on Wednesday that Beijing is “accelerating the establishment of a global AI cooperation org…

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Chi-Hua Chien saw Facebook coming; now he says the real AI winners won’t be selling AI

Chi-Hua Chien has spent more than two decades as a venture capitalist, but he thinks like a cultural anthropologist.

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FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells

A federal court has temporarily shut down what the US Federal Trade Commission describes as a sprawling enterprise of deceptive su…

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Roelof Botha joins SpaceX’s board of directors

The former Sequoia Capital leader is filling an "existing vacancy" on SpaceX's board, days after the company went public in the la…

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After unveiling ridiculously expensive AR glasses, Snap’s stock takes a dive

Snap's long awaited smart glasses debut hasn't exactly done wonders for the company's stock.

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NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI

Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage…

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PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’…

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FTC lawsuit reveals how subscription scam networks evade app store enforcement

A new FTC lawsuit reveals how sophisticated subscription app operators can allegedly use shell companies and payment infrastructur…

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Apple investors are running out of patience with its AI promises

Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after th…

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France breaks EDF’s grip on hydropower with law to auction 6 GW a year

France’s Parliament adopted a bill on Tuesday that dismantles the monopoly Électricité de France has held over the country’s hydro…

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World leaders want American AI. They just don’t want America to be able to turn it off.

French President Macron and Indian PM Modi raised alarms at the G7 summit that the U.S. could cut off access to American AI overni…

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Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes

Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis used a closed-door lunch at the G7 summit on Wednesday to call for…

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Allbirds sells its shoes, renames itself Smartbird, and says it is now an AI infrastructure company

Allbirds, the sustainable footwear company that went public at a $4.1 billion valuation in 2021, has officially renamed itself Sma…

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Meloni says banning kids from social media is not a solution on its own

Italian Prime Minister Giorgia Meloni said on Wednesday that her government would not take the initiative to introduce a social me…

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Anthropic becomes first AI startup to join the Frontier carbon removal coalition

Anthropic has joined the Frontier coalition, which received another $915M in pledges to fund carbon removal projects.

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Amazon admits its AI models lag behind OpenAI and Anthropic, but says it can catch up

Amazon’s AI chief has said what the market long suspected. Peter DeSantis, the senior vice president who oversees the company’s AI…

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Cybercriminals allegedly hacked tens of thousands of Fortinet firewalls used by major companies all over the world

An alleged Russian-speaking group of cybercriminals are reportedly compromising and targeting several major companies that use For…