The European Commission is in talks with Google about the steps the company may take following the EU’s €890M (about $1bn) fine in July. The Commission confirmed the talks on Wednesday to Reuters. The fines were issued under the Digital Markets Act (DM…
Norrsken Foundation and Nvidia will open a hub for AI startups in central Stockholm in 2027. The Stockholm AI Lab will host a select group of European founders who use AI to address problems in climate, health, food and society, and it will also be hom…
Revolut has launched its own mobile phone plan in Germany, the company announced today. The fintech, which recently won a French banking licence, is pushing further beyond its banking app. Revolut Mobile costs €14.99 a month and includes 120GB of data …
According to a document obtained by Politico, the European Commission’s IT department wants to use AI to fight back against the most dangerous cyberattacks. DG DIGIT, the Commission’s IT department, wrote the paper, though it is undated, and it explain…
Siemens has bought into Skeleton Technologies, an Estonian maker of energy storage systems. With this, the deal values Skeleton at more than $1 billion, its CEO Taavi Madiberk told Bloomberg. The deal closed this month and was worth more than $100 mill…
Banking regulators in the US and Europe are stepping up efforts to contain the risks AI poses to banks, Reuters reported, citing six people familiar with the matter. Some fear that cyberattacks or rogue AI agents could shake the financial system. In th…
Up to 200 European researchers will get direct access to Google’s most advanced science AI models, plus $3 million in computing credits, Google said today. The offer comes from its AI lab, Google DeepMind, and its cloud arm, Google Cloud. The models in…
Europe is falling behind the US on AI use at work, and the main reason is not technology, according to a new report.The report from Sifted, sponsored by London Business School, says Europe has an organisational gap rather than a tech gap. Firms struggl…
Small and mid-sized businesses have moved from buying AI tools to building their own. In every market surveyed, most do it without a formal, documented review, Pax8 found in a survey published on Monday. Pax8 is a Denver-based marketplace. It sells AI …
UiPath’s marketing team has stopped paying outside firms to pull together its advertising data. The head of its paid media team built an AI agent on UiPath’s own platform instead, chief marketing officer Michael Atalla told TNW. It collects the data, a…