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Key Facts

Key PlayersMistral AI, SAP, Siemens

Top InstitutionsELLIS, Max Planck, INRIA

AI Policy StanceRegulation-first

Notable LegislationEU AI Act (2024)

Top News

David Silver raises $1.1B for AI that learns without human data, challenging LLM dominance

Former DeepMind researcher David Silver has secured $1.1 billion in record-breaking seed funding for Ineffable Intelligence at a $5.1 billion valuation. The London-based startup aims to build a 'superlearner' AI using reinforcement learning rather than human-generated data, directly challenging the large language model paradigm that currently dominates the AI industry.

Startups11 sources

David Silver raises $1.1B for AI that learns without human data, challenging LLM dominance

Startups11 sources

AI firms deploy $177M lobbying war chest to shape upcoming regulations across US and Europe

AI companies are ramping up lobbying efforts on both sides of the Atlantic, with over 3,500 federal lobbyists working on AI regulation in the US alone—a 170% increase in three years. Tech industry lobbying outlays surged 55% since 2021 to reach $177 million in Europe last year. Critics warn this concentration of wealth poses a democratic threat as firms work to influence AI regulatory frameworks.

Policy2 sources

AI firms deploy $177M lobbying war chest to shape upcoming regulations across US and Europe

Policy2 sources

Cohere and Aleph Alpha merge to create $20 billion transatlantic AI powerhouse

Canadian AI company Cohere is acquiring German AI startup Aleph Alpha in a deal valuing the combined entity at $20 billion. Backed by both governments, the merger aims to offer businesses and nations a sovereign AI alternative to Silicon Valley dominance, with Schwarz Group committing $600 million in fresh investment.

Business12 sources

Cohere and Aleph Alpha merge to create $20 billion transatlantic AI powerhouse

Business12 sources

EU demands Google open Android to rival AI assistants as Digital Markets Act probe escalates

The European Commission has concluded its investigation into Google's Android AI implementation, proposing measures that would force the tech giant to grant rival AI services the same deep device access enjoyed by Gemini. Google calls the intervention unwarranted, warning it could compromise privacy and security. The final decision arrives by July 27, with potential fines reaching 10% of global revenue for non-compliance.

Policy16 sources

EU demands Google open Android to rival AI assistants as Digital Markets Act probe escalates

Policy16 sources

Anthropic seeks six-figure London hire to negotiate European data center deals for AI expansion

Anthropic is recruiting a Transaction Principal in London with salaries up to £270,000 to secure data center capacity across Europe. The move signals the AI company's aggressive push into European markets, following over $100 billion in commitments to Amazon Web Services and major deals with Broadcom for compute capacity.

Business3 sources

Anthropic seeks six-figure London hire to negotiate European data center deals for AI expansion

Business3 sources

Europe risks falling behind US, China as AI data centre infrastructure lags, warns Nokia CEO

Nokia CEO Justin Hotard warns that Europe lacks the critical infrastructure needed for AI data centres and isn't investing enough to compete with the United States and China. With data centers' electricity consumption expected to surge and regulatory hurdles slowing expansion, businesses and developers may relocate to regions with better AI infrastructure.

Business3 sources

Europe risks falling behind US, China as AI data centre infrastructure lags, warns Nokia CEO

Business3 sources

Italy trails euro zone with just 19.9% AI usage as digital skills gap widens across Europe

Italy has emerged as one of Europe's weakest performers in artificial intelligence adoption, with only 19.9% of its population using AI tools compared to a 32.7% European average. The national statistics agency ISTAT's first AI usage survey reveals how the country's aging population and broader digital skills deficiency are holding back technological progress in the euro zone's third-largest economy.

Business2 sources

Italy trails euro zone with just 19.9% AI usage as digital skills gap widens across Europe

Business2 sources

European chip stocks surge as AI-driven demand fuels strong earnings and investor optimism

European chip and electrical equipment stocks rallied sharply as investors responded to strong earnings reports driven by the artificial intelligence investment boom. ASM International surged 9% to an all-time high, while ABB hit a new record after raising its outlook on booming data centre demand. The gains mirror a historic 15-session winning streak in the U.S. SOX index.

Business2 sources

European chip stocks surge as AI-driven demand fuels strong earnings and investor optimism

Business2 sources

OpenAI appoints Airbnb executive Emmanuel Marill as first EMEA managing director

OpenAI has hired Emmanuel Marill from Airbnb as its first managing director for Europe, Middle East, and Africa. The appointment signals OpenAI's commitment to expanding its global footprint despite facing regulatory challenges and digital sovereignty concerns across the region. Marill will oversee operations from Paris as the company reports a sevenfold increase in business subscriptions.

Business2 sources

OpenAI appoints Airbnb executive Emmanuel Marill as first EMEA managing director

Business2 sources

Vodafone deploys AI and cybersecurity tools for small businesses through $1B Google tie-up

Vodafone is leveraging its $1 billion partnership with Google Cloud to bring enterprise-grade cybersecurity and agentic AI to small businesses across Europe. The offerings include managed threat detection services and an AI-powered customer service concierge, launching first in Germany and Greece before expanding to other European markets.

Technology3 sources

Vodafone deploys AI and cybersecurity tools for small businesses through $1B Google tie-up

Technology3 sources

Ex-Stripe Engineers Raise €7.5M for AI Financial Operations Platform Targeting UK Startups

Seapoint, founded by ex-Stripe and Tide engineers, has raised €7.5 million in seed funding led by 13books. The AI-powered financial operations platform now opens to all UK and Irish startups, having already processed over 100,000 transactions across 80+ early customers. The raise brings total funding to €10 million.

Startups2 sources

Ex-Stripe Engineers Raise €7.5M for AI Financial Operations Platform Targeting UK Startups

Startups2 sources

Turbo Energy partners with Hithium to deploy AI battery systems across Europe and Latin America

Turbo Energy announced a partnership with Hithium to integrate its AI-driven software platform with Hithium's battery storage systems for commercial and industrial applications. The collaboration follows a $53 million contract to deploy 366 MWh of solar energy storage capacity across industrial facilities in Spain. TURB stock surged 11.11% on the news.

Technology2 sources

Turbo Energy partners with Hithium to deploy AI battery systems across Europe and Latin America

Technology2 sources

Friedrich Merz and Siemens demand lighter EU regulation for industrial AI ahead of AI Act

German Chancellor Friedrich Merz called for less stringent EU regulation on industrial AI at Hannover Messe, arguing current rules are too restrictive. Siemens CEO Roland Busch echoed the concerns, warning the company may prioritize investments in the US and China if regulations aren't eased before the EU AI Act takes full effect in August.

Policy2 sources

Friedrich Merz and Siemens demand lighter EU regulation for industrial AI ahead of AI Act

Policy2 sources

Anthropic in talks with EU over cyber security AI models not yet available in Europe

The US-based artificial intelligence company Anthropic is discussing its various AI models with the European Commission, including cyber security models that haven't launched in the EU yet. The company has committed to the EU's general purpose AI code of practice, which requires risk assessment and mitigation for services that may be offered in Europe.

Policy2 sources

Anthropic in talks with EU over cyber security AI models not yet available in Europe

Policy2 sources

EU forces Google to share search data with rivals and AI chatbots under Digital Markets Act

The European Commission has issued preliminary findings requiring Google to share key search data with competitors under the Digital Markets Act. The measures explicitly include AI chatbots as data beneficiaries, sparking fierce pushback from Google over privacy concerns. Brussels aims to level the playing field in search markets, while Google claims the demands exceed the DMA's mandate and could jeopardize user privacy.

Policy2 sources

EU forces Google to share search data with rivals and AI chatbots under Digital Markets Act

Policy2 sources

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