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The European Commission unveiled the EU Kids Act on September 17, establishing EU-wide rules for children's online safety. The legislation bans social media for under-13s, requires parental consent for 13-15 year-olds, and mandates safety by design principles for platforms including AI chatbots and video games.
The National Agency for Disruptive Innovation (NADI) and Germany's SPRIND have committed €40 million over 20 months to speed up AI chip design from years to weeks. The Chip Design Challenge targets chips for training and inference tasks, aiming to reduce Europe's dependence on US chip expertise by leveraging the Netherlands' ASML ecosystem and Germany's research strengths.
Portuguese-British AI drone maker Tekever raised $580 million at a $6.4 billion valuation as Europe accelerates defense tech investment amid the Ukraine war. The company's autonomous surveillance drones have logged over 50,000 operational flight hours in Ukraine since 2022, while securing a £400 million UK Ministry of Defence contract.
Alibaba Cloud announced major data center expansion across Europe and the Middle East at its annual Apsara Conference. The company will establish its first cloud regions in Finland, Netherlands and Turkey while expanding facilities in Germany, France, UAE, Malaysia and Hong Kong over the next 12 months.
French planemaker Dassault Aviation has successfully flight-tested two AI algorithms on its Rafale fighter jet, developed in-house and with partner Thales. The tests demonstrate sovereign AI capabilities for next-generation fighter jets, with the algorithms now mature enough for future Rafale upgrades to support human crews in combat operations.
Dutch deep-tech company Morphotonics has raised over €40 million in Series B funding to scale production of waveguides for AI glasses and augmented reality headsets. The round was backed by returning investors 3M Ventures, Innovation Industries, and BOM, with new participation from Invest-NL, European Innovation Council, and European Investment Bank.
The European Commission has introduced sustainability rules requiring EU data centres above 500 kW to display energy and water consumption ratings. The move addresses growing concerns as the bloc plans to triple data centre capacity by 2035 while electricity demand from these facilities is projected to reach 3.2% of total EU consumption by 2030.
Estonian ride-hailing service Bolt has partnered with US carmaker Lucid to deploy at least 25,000 fully autonomous vehicles across multiple European cities. The collaboration will use Lucid's upcoming Midsize platform and Nvidia's Hyperion AV reference architecture to build SAE Level 4 autonomous mobility solutions designed specifically for European roads and regulation.
The Scaleup Europe Fund, a €5bn European technology fund managed by EQT, is in discussions to invest in voice AI company ElevenLabs. The London-based AI startup is seeking to raise over $500 million in this funding round, following its $11 billion valuation earlier this year.
Spain's data protection agency AEPD has documented the country's first personal data breach carried out by an autonomous AI agent. The agent used a large language model to scan for vulnerabilities, successfully infiltrate an organization's system, and modify personal data while accessing invoices—marking a shift from theoretical AI-driven attacks to real-world cybersecurity incidents.
Canada's Cohere and Germany's Aleph Alpha signed a definitive merger agreement valued at $20 billion, creating the first transatlantic foundation model developer. The combined company will focus on delivering secure and governable AI systems for governments and regulated industries, backed by €500 million from Schwarz Group.
Former Anthropic researcher Jacob Coxon's warning that AI could kill humanity by decade's end has sparked fierce debate about AI safety versus competitive pressures. His post gained 173 million views as China rapidly expands AI infrastructure in Inner Mongolia while US leaders question whether apocalyptic scenarios mask fears about Chinese competition threatening American tech dominance.
Vertical Data announced two major AI infrastructure agreements totaling approximately $381 million. The company secured a $192 million commitment for a dedicated NVIDIA B300 Blackwell Ultra GPU cluster in Western Europe and arranged a $189 million deployment using NVIDIA GB300 NVL72 infrastructure in Canada for a global cloud provider.
The European Commission unveiled the EU Kids Act, introducing strict bans on AI chatbots and social media for children under 15. The legislation targets emotional dependencies, addictive design features, and harmful content, requiring tech giants like Meta, TikTok, and ChatGPT to prove their platforms are safe or face fines up to 6% of global turnover.
French oil major TotalEnergies SE has partnered with AI startup Mistral AI in a three-year program worth over €100 million to develop advanced AI models for oil and gas reservoir exploration. The collaboration will establish a joint scientific laboratory combining nearly a century of TotalEnergies' geoscience expertise with 10 petaflops of data to create agentic AI solutions for subsurface engineering.
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