European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. …
SoftBank plans to invest as much as €75 billion ($87 billion) to build 5 gigawatts of AI data centre capacity in France. It is the Japanese conglomerate’s biggest AI infrastructure commitment in Europe. CEO Masayoshi Son and President Emmanuel Macron a…
Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday. By Tuesday, Ferrari’s Milan-listed stock had fall…
Denmark’s AkademikerPension, which manages roughly $25 billion for academic professionals, has said it will not participate in SpaceX’s initial public offering or buy shares in any secondary-market transaction, according to Bloomberg. Chief investment …
Governor Fabio Panetta used the central bank’s annual assembly to pitch AI as a fix for Italy’s chronic productivity problem, and to say the bank is already engaging the firms building it. Central bankers do not usually go out of their way to say which…
The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vot…
Independent research by DutchBasecamp and Ogni, based on 150+ founder perspectives acrossEurope, will be revealed at an exclusive Amsterdam event co-hosted with CCIA Europe on June 30. Across Europe, startup and scale-up founders are increasingly warni…
The formal opening of Anthropic’s sixth European office lands the same week as Pope Leo’s AI encyclical, with the company naming a roster of Italian enterprise deployments. nthropic formally opened its Milan office on Wednesday, the sixth European loca…
The May estimate is twice the bank’s January figure, and the workforce cuts are already happening at UBS, ABN Amro and HSBC. Morgan Stanley has doubled its forecast for AI-driven job losses across the European banking sector, estimating that as much as…
The Temu fine, the second-ever DSA penalty after X’s €120M in December, gives the EU’s online-safety regime its first major Chinese-platform enforcement case. The European Commission has fined Temu, the Chinese e-commerce platform owned by PDD Holdings…