The AI bubble didn’t pop. It sent the bill
The AI bubble didn’t pop. It sent the bill

Until last week, about 200 organisations could use a preview of Anthropic’s most capable model, Mythos. They got in through a programme called Glasswing, after the system flagged thousands of software vulnerabilities. Then, on the evening of 12 June, t…

Retailers want AI-generated ads exempt from EU transparency rules
Retailers want AI-generated ads exempt from EU transparency rules

Europe’s retailers would like the law to make an exception for them. AI-generated advertising should be carved out of the European Union’s incoming transparency rules, a retail association has argued, according to Reuters, taking aim at provisions that…

Leaked licences show Bulgaria greenlit surveillance exports to governments accused of repression
Leaked licences show Bulgaria greenlit surveillance exports to governments accused of repression

Bulgaria’s export control authority licensed a Sofia-based surveillance firm to sell phone-tracking tools, interception systems, and monitoring infrastructure to intelligence agencies in countries with documented records of suppressing dissent. The lic…

The EU is about to declare AWS and Azure gatekeepers under the Digital Markets Act
The EU is about to declare AWS and Azure gatekeepers under the Digital Markets Act

The European Commission is set to unveil preliminary findings as early as next week stating that Amazon Web Services and Microsoft Azure appear to meet the requirements to be designated as gatekeepers under the Digital Markets Act, Bloomberg reported. …

While Helsing and Anduril chase billion-dollar valuations, Comand AI raised €32M for the layer above them
While Helsing and Anduril chase billion-dollar valuations, Comand AI raised €32M for the layer above them

The defence-tech land grab has a new front, and it sits above the drones and sensors that get the headlines. Comand AI, a Paris startup building AI software for military command, has raised a €32mn Series A led by Blossom Capital, with a strategic inve…

85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.
85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to the founders of…

NeuralTrust raised $20M to police the AI agents companies can’t even count
NeuralTrust raised $20M to police the AI agents companies can’t even count

NeuralTrust, a Barcelona startup, has raised $20mn to secure the AI agents that big companies are now deploying faster than they can keep track of. The seed round, worth €17.2mn, was led by Munich’s Alstin Capital, with VentureFriends, Seaya, Kibo Vent…

EU tells Big Tech to align AI data centres with climate goals or stay away
EU tells Big Tech to align AI data centres with climate goals or stay away

The European Union’s energy chief has told the AI industry it is welcome in Europe, but only on the bloc’s terms. In an interview with Politico, Energy Commissioner Dan Jørgensen said companies must demonstrate commitment to the EU’s energy, climate, a…

Swiss startup Prem AI is raising $100M so hedge funds and law firms can own their AI instead of renting it
Swiss startup Prem AI is raising $100M so hedge funds and law firms can own their AI instead of renting it

Prem AI, a Swiss startup that helps hedge funds and law firms run AI models on their own infrastructure, is raising $100 million in a Series A at a valuation of at least $500 million. The company expects to close the round in the third quarter. CEO and…

EU cybersecurity agency to meet Anthropic under a US export cloud
EU cybersecurity agency to meet Anthropic under a US export cloud

The European Union’s cybersecurity agency was due to meet Anthropic on Thursday, the European Commission confirmed, a meeting arranged before Washington made it considerably more awkward. ENISA, the EU’s cybersecurity body, had been invited to talks wi…