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Bitcoin miner IREN has finalized its acquisition of Spanish AI data center developer Nostrum Group, securing 490 megawatts of renewable power in Spain. The deal marks IREN's European expansion as it pivots toward AI cloud services, joining competitors like HIVE Digital and Bitdeer in building AI infrastructure across the continent.
The European Commission is scrutinizing US export controls that forced Anthropic to disable its most advanced AI models for foreign nationals, including Europeans. Brussels warns that national security measures should not discriminate against partners and emphasizes the need for Europe to strengthen its technological sovereignty in response to the abrupt access restrictions.
French AI startup Mistral AI is in early talks to raise €3 billion at a €20 billion valuation, nearly doubling its September price. The funding aims to fuel its ambition as Europe's sovereign AI alternative, building owned data centers and competing against far richer American rivals like OpenAI and Anthropic.
Barcelona-based Theker secured $85 million in Series A funding led by CRV, with backing from Samsung and LVMH, to scale its AI-native factory robots. Unlike traditional industrial robots, Theker's machines reconfigure themselves for different tasks and learn continuously in production environments. The investment marks Samsung and LVMH's first bet on a Spanish startup.
German robotics company NEURA Robotics has raised up to $1.4 billion in one of the largest humanoid robotics funding rounds ever, backed by Nvidia, Amazon, Tether, Qualcomm, and Bosch. The investment values the company at approximately $7 billion and will accelerate production to millions of robots by 2030 while expanding its cognitive robotics platform across industries.
Swedish legal-tech Legora is launching offices in Madrid, Milan, and Paris alongside a London engineering hub during Q3 2026, targeting 700 EMEA employees within a year. The $5.6bn legal AI platform expansion follows a $600 million Series D and reflects aggressive growth in a market where it competes with $11bn-valued Harvey AI.
The European Commission has ordered Meta to restore free WhatsApp access for rival AI chatbots within five days, marking only the second time in over 20 years that the EU has used emergency interim measures. Meta faces potential fines of up to 10% of annual revenue—approximately $20 billion—if it fails to comply while the antitrust investigation continues.
French defense-tech startup Alta Ares closed a €50 million funding round for its AI-powered drone interceptors, which have already downed Russian Shaheds over Ukraine. The two-year-old company builds cost-effective systems designed to counter the inverted economics of modern warfare, where cheap attack drones force militaries to fire million-euro missiles in response.
Italy's competition authority has closed its investigation into Meta Platforms over alleged abuse of dominant position through its AI tool on WhatsApp. The probe, launched in July 2025, was dropped after the European Commission extended its own investigation into the same issue to include Italian territory.
Apple announced it won't release its new AI-powered Siri in the European Union, citing conflicts with the Digital Markets Act's interoperability requirements. The company claims compliance would compromise user privacy and security, while the European Commission argues Apple is refusing to follow rules designed to promote competition and consumer choice.
Amazon announced over €10 billion in European investments, unveiling an upgraded Proteus robot that responds to conversational prompts and can autonomously determine task priorities and routes. The expansion includes 25,000 new jobs, advanced robotics systems like STARK and Vulcan, and faster delivery infrastructure across Europe by 2027.
The European Commission is urging households to reduce electricity consumption during peak hours as AI data centres strain grids across the bloc. Ireland's data centres already consume 22% of national electricity, and regional bills could rise 20-40%. The Commission has published new energy efficiency standards to address the growing demand.
A UK parliamentary committee has called for the government to terminate Palantir's seven-year NHS contract, warning that reliance on the US AI firm creates an 'unacceptable point of weakness' in critical health infrastructure. The £330-million deal, signed in 2023, has sparked concerns about vendor lock-in and over-dependence on foreign technology providers for sensitive patient data.
The European Commission has introduced a sweeping European Technological Sovereignty Package aimed at reducing the bloc's heavy reliance on American technology companies. The plan includes new legislation to boost European cloud computing, AI infrastructure, and semiconductor development while creating restrictions on foreign providers handling sensitive government data. The move comes amid growing concerns over data privacy and geopolitical security, as the EU seeks to eliminate what officials call a potential 'kill switch' controlled by foreign governments.
ING, Worldline, and Mastercard have completed Europe's first live end-to-end agentic payment transaction, where an AI assistant autonomously purchased Royal Concertgebouw Orchestra tickets for a customer. The transaction ran entirely on European infrastructure, validating that agentic commerce is production-ready and signaling a shift toward intelligent and seamless banking experiences across multiple European markets.
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