London’s MDOTM raises $27M to put AI inside wealth managers
London’s MDOTM raises $27M to put AI inside wealth managers

The buzziest corner of finance AI is not the trading desk. It is the dull middle office, where staff keep thousands of portfolios in line with spreadsheets. A London-founded startup just raised $27mn to automate exactly that. The company is MDOTM. It h…

Aikido buys Israel’s Root to patch open source with AI
Aikido buys Israel’s Root to patch open source with AI

A Belgian cybersecurity unicorn has bought an Israeli startup with an unusual trick. Its AI agents fix an open-source flaw without breaking the app that depends on it, something most security tools cannot do. Aikido Security, based in Ghent, became Eur…

TikTok weighs about 300 more job cuts at its Dublin hub
TikTok weighs about 300 more job cuts at its Dublin hub

TikTok is considering cutting about 300 jobs at its European hub in Dublin, according to an email to staff seen by Bloomberg. For the people affected, that number is not abstract. The proposed redundancies would fall on roughly a tenth of the company’s…

EU tech chief and Tim Cook hold ‘constructive’ talks as Siri AI stays blocked in Europe
EU tech chief and Tim Cook hold ‘constructive’ talks as Siri AI stays blocked in Europe

Apple chief executive Tim Cook and the European Union’s technology chief spoke by video call on Monday, and both sides came away describing the exchange as “constructive”. That word is doing a lot of work. Executive Vice-President Henna Virkkunen, who …

Schneider Electric buys industrial-AI firm Cognite for $3.1bn
Schneider Electric buys industrial-AI firm Cognite for $3.1bn

Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schneider Electric said on June 30, 2026 that it had agre…

EU opens antitrust probe into Align over Invisalign and scanner tying
EU opens antitrust probe into Align over Invisalign and scanner tying

The European Commission has decided to look closely at how you straighten teeth, or more precisely, at the machine a dentist uses to scan them. Brussels has opened a formal antitrust investigation into Align Technology, the American company behind Invi…

Germany wants Helsing to build the brain of its next air war
Germany wants Helsing to build the brain of its next air war

Germany is quietly building its own brain for future air warfare, and it wants Helsing to write the code. Berlin is lining up a €580mn contract for the Munich AI firm. The software would link fighters, drones, satellites and sensors, according to docum…

As a deadly heatwave grips Europe, Rome leans on a bracelet to watch its elderly
As a deadly heatwave grips Europe, Rome leans on a bracelet to watch its elderly

Dina Gazzella is 85, and on her wrist is a small black band that looks like a watch and does rather more than tell the time. “If I feel unwell, this is a lifesaver,” she told Reuters. In a summer that has turned lethal across Europe, that is not a figu…

Trump threatens 100% tariffs over digital services taxes
Trump threatens 100% tariffs over digital services taxes

The ink was barely dry. The EU had just signed a trade deal with Washington. A day later, Trump threatened to blow a hole in it. On Friday, the president posted the threat on Truth Social. Any country that imposes a digital services tax on US firms, he…

Peec AI doubles its valuation betting GEO is the new SEO
Peec AI doubles its valuation betting GEO is the new SEO

For 20 years, marketing meant one thing: rank on Google. That deal is breaking. A Berlin startup has just doubled its valuation on a bet about what comes next. Peec AI is in talks to raise new funding at a pre-money valuation of $200M, Sifted reported,…