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Berlin-based startup Peec AI crossed $10 million in annualized revenue just six months after raising a $21 million Series A, more than doubling from $4 million ARR. The company helps brands track and improve visibility in AI search results across ChatGPT, Claude, Gemini, and Perplexity through generative engine optimization (GEO) dashboards that mirror traditional SEO tools but for conversational AI platforms.
French President Emmanuel Macron announced €1.5 billion in funding for quantum computing and advanced microchips, declaring France has the means to win the global technology race. The investment comes one day after the US unveiled $2 billion in quantum computing stakes, intensifying competition in cutting-edge technology that promises breakthroughs in drug discovery, financial modeling, and cryptography.
Paris and New York-based Pivot Technologies SAS has secured $40 million in Series B funding to expand its agentic-AI procurement platform. The startup, founded in 2023, processes $3 billion in invoices annually and counts DoorDash, Lemonade, and Flix among its enterprise customers. The funding will deepen ERP integrations and push the platform into more enterprise markets as legacy software continues to leave procurement teams struggling with fragmented data.
A French consortium led by Scaleway has submitted a $10 billion bid to build one of the EU's planned AI gigafactories, proposing a 200-megawatt facility with GPU clusters equivalent to over 288,000 Nvidia H100s. The AION consortium brings together major French tech players including Iliad, Hugging Face, and Mistral-adjacent partners, positioning France as a single-country bidder against multi-state proposals from Spain, Germany, and the Netherlands under the EU's €20 billion InvestAI Facility.
Meta has submitted a new proposal to the European Commission offering rival AI chatbots including ChatGPT and Perplexity limited free access to WhatsApp in Europe, with fees kicking in after a usage threshold. The move comes after Brussels threatened formal action under the Digital Markets Act, but smaller competitors say the offer still discriminates against them.
France's Mistral AI has acquired Vienna-based Emmi AI, a startup specializing in physics-based AI models for industrial applications. The deal strengthens Mistral's push into aerospace, automotive, and semiconductor manufacturing, where physics-aware AI can simulate airflow, heat transfer, and material stress in seconds rather than hours.
Dutch tech giant ASML signed a major semiconductor deal with Tata Electronics during Narendra Modi's Netherlands visit, deploying advanced lithography tools at the $11bn Dholera plant in Gujarat. The agreement marks a critical step in India's pursuit of silicon sovereignty, as the country depends on ASML's monopoly in chip-making equipment to realize its ambitious domestic semiconductor manufacturing goals.
Flying Wedge Defence & Aerospace announces its first international manufacturing facility in Portugal for the Kaal Bhairava autonomous combat aircraft. The Bengaluru-based AI warfare company partners with SKETCHPIXEL LDA to produce India's first AI combat aircraft in a NATO member state, marking a shift in India's defence technology exports under the ambitious Operation 777 initiative.
Apple has joined Google in opposing EU proposals that would force Android to open up to competing AI services under the Digital Markets Act. Both tech giants warn the measures pose serious risks to user privacy and security, while the European Commission argues they're necessary to keep the AI market competitive and promote innovation.
The European Central Bank's Frank Elderson is urging euro area banks to immediately prepare for potential cyberattacks powered by Anthropic's Mythos AI model. Despite lacking access to the tool, Elderson emphasized that inaction is not an option as banks must brace for increasingly aggressive AI-driven cyber warfare. Large U.S. banks with early Mythos access are already rushing to fix data system vulnerabilities.
Spain's Digital Transformation Minister Óscar López says the country will push ahead with strict social media and AI regulations despite mounting pressure from American tech companies. The regulatory package includes bans on social media for under-16s, personal liability for executives, and restrictions on high-risk AI systems and deepfakes.
Meta has offered rival AI chatbot developers including OpenAI one month of free access to WhatsApp's Business API in Europe as it tries to resolve an antitrust investigation by the European Commission. The move comes after EU regulators signaled they were preparing to order Meta to open WhatsApp to competing AI services, with potential fines reaching up to 10% of the company's global annual revenue at stake.
The European Union is advancing sweeping regulations to protect children from social media's addictive features. EU Commission President Ursula von der Leyen announced the Digital Fairness Act, targeting TikTok, Meta, and X for endless scrolling, autoplay, and push notifications. The bloc may also introduce a minimum age requirement for social media access as early as this summer.
Google Finance is now available across Europe with full local language support, bringing AI-powered research capabilities and live earnings call analysis to users. The expansion follows successful launches in the US last August and India in November, as part of Google's plan to reach 100 countries. The platform offers advanced visualizations, real-time market intelligence, and AI-generated insights to help users navigate financial markets.
Arjan Brussee, Guerrilla Games co-founder and former Epic director, is developing The Immense Engine as a fully European alternative to Unreal and Unity. The European-hosted game engine will integrate AI agents from the ground up, with Brussee claiming smart frameworks could enable small teams to do the work of ten or fifteen people.
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