EIF’s incoming chief says Europe’s Tech Champions funds hold 15 unicorns
EIF’s incoming chief says Europe’s Tech Champions funds hold 15 unicorns

Europe must give its startups the capital to grow without leaving the continent, Jean-Christophe Laloux said. The incoming chief executive of the European Investment Fund spoke at Wave by Vento in Turin on Friday. “It’s not enough to innovate in Europe…

Nik Storonsky wants Revolut to be Europe’s answer to Meta and Google
Nik Storonsky wants Revolut to be Europe’s answer to Meta and Google

Revolut wants to grow beyond banking into a global tech company on the scale of the biggest US groups, but built in Europe, chief executive Nik Storonsky said. He spoke with Exor chief executive John Elkann at Wave by Vento in Turin, in a session title…

Vittorio Colao: Europe missed the digital wave and must not miss the next
Vittorio Colao: Europe missed the digital wave and must not miss the next

Europe has less than 2 gigawatts of AI computing capacity and needs more, former Vodafone chief executive Vittorio Colao said. He spoke at a closed-door press Q&A at Wave by Vento in Turin on Friday, the event’s last day. “Europe missed the big dig…

Amazon builds 1,000th satellite, says space internet service is weeks away
Amazon builds 1,000th satellite, says space internet service is weeks away

Amazon has built its 1,000th broadband satellite and says service is weeks away, having cut production from 27 satellites in six months to 27 a week, while the number in orbit is still 396. That shortfall cost it spectrum priority in July, and the FCC …

Dealroom CEO says Europe’s first trillion-dollar startup may already exist
Dealroom CEO says Europe’s first trillion-dollar startup may already exist

Europe’s venture-backed companies could be worth more than its industrial base within five years, Dealroom founder and chief executive Yoram Wijngaarde said. He spoke at Wave by Vento in Turin on Thursday. “I think that the VC-backed ecosystem is going…

Trump to unveil $2.4B in AI credits to boost federal research
Trump to unveil $2.4B in AI credits to boost federal research

Five American technology companies are pledging $2.4B in AI tools and compute credits to federal science at a White House summit, with Nvidia giving $1B and Google the smallest share at $150M. The same administration suspended Microsoft from a residenc…

Station F and Anthropic say the AI boom is drawing startups back in person
Station F and Anthropic say the AI boom is drawing startups back in person

AI makes it possible to build a company from anywhere, but founders are still choosing to sit together, Station F director Roxanne Varza and Anthropic’s Aiden Blake said. They spoke on a panel at Wave by Vento in Turin on Thursday. “What’s really inter…

AI model evaluator Arena nearly doubles its valuation to $3.1B
AI model evaluator Arena nearly doubles its valuation to $3.1B

Arena has raised $200M at a $3.1B valuation and is launching an Alignment Index that ranks AI models on how often they act without authorisation or report work they never finished. It measures that the same way it measures preference, through its users…

Google launches workplace AI agent that gets its own email address
Google launches workplace AI agent that gets its own email address

Google’s new Gemini agent gives each coworker agent its own Workspace account, email address, calendar and entry in the company directory, and runs work for days after the laptop closes. Every action is logged to the agent rather than to a person, whic…

Microsoft says new $2,599 laptop with Nvidia chip outperforms MacBooks
Microsoft says new $2,599 laptop with Nvidia chip outperforms MacBooks

Microsoft priced its first Nvidia-powered Surface at $2,599.99 and claimed on stage that it doubles a MacBook Pro M5 on local AI prompts, without publishing how either figure was measured. The chip inside is built on Arm’s architecture, from the Cambri…