Europe’s not-so-dry January: Unicorns and a new tech identity

Every January, millions take on Dry January, a ritual of restraint and resetting after the holiday season. If that’s the benchmark for kicking off the year with moderation, Europe’s startup ecosys [...]

A development bank just built a €1.4bn insurer in two years

A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the [...]

SWISSto12 raised $70M, and it is that rare thing: a profitable space startup

Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m roun [...]

OpenAI's dissatisfaction with Nvidia chips sparked Cerebras deal

The ChatGPT developer is reportedly unhappy with the speed of certain Nvidia chips and is negotiating with startups that offer alternatives.<br /> The article OpenAI's dissatisfaction with [...]

OpenAI launches centralized agent platform as enterprises push for multi-vendor flexibility

OpenAI launched Frontier, a platform for building and governing enterprise AI agents, as companies increasingly question whether to commit to single-vendor systems or maintain multi-model flexibility. [...]

The European Union has put €700 million into NanoIC

The European Union has formally inaugurated NanoIC, a semiconductor pilot line backed by a €700 million investment under the European Chips Act. The facility aims to accelerate the development of ad [...]

'AI is only as strong as its data': Why Microsoft is betting on this little-known startup’s 700B parameter model to predict your next purchase

Microsoft and Yobi partner to deploy a 700 billion parameter AI model that predicts consumer intent using consented behavioral data across platforms. [...]

Germany and Europe's AI sector has strong research but few models, limited compute, and regulations that favor US competitors

A scientific advisory body to the German federal government paints a sobering picture of Germany as an AI hub in its 2026 annual report: strong research output, but hardly any homegrown models, too l [...]

Amazon’s OpenAI gambit signals a new phase in the cloud wars — one where exclusivity no longer applies

Amazon Web Services on Tuesday launched one of the most consequential enterprise AI plays in the company's 20-year history, simultaneously bringing OpenAI's most powerful models to its Bedro [...]