DINUM will coordinate a cross-ministerial plan to reduce dependence on suppliers outside Europe. Each ministry will be required to develop its own plan by this fall, covering the following areas: workstations, collaboration tools, antivirus software, artificial intelligence, databases, virtualization, and network equipment.
In the AI era, it should be easier than ever for people to build new businesses. We want to build the services that enable this. This is important for ensuring that people broadly share in the prosperity created by superintelligence.
Pasqal is a full-stack quantum computing company taking on Big Tech. It generates annual revenue in the tens of millions from selling hardware, software and cloud services to labs and industry partners.
The business is pulling its EMEA operations and activities back into its headquarters in Paris, France just seven months after it set up a London base. Executives in London were tasked with selling to media agencies the Adikteev's MotionLead technology, which creates bespoke mobile ad units, and it is understood that the first local campaigns for the formats had been secured.
Wizard, an AI-native shopping agent cofounded by Marc Lore and CEO Melissa Bridgeford, is coming out of a nearly 5-year private beta with an ambitious promise: to end the era of endless scrolling in ecommerce and replace it with a personalized and streamlined shopping experience. Launched publicly on Feb. 11, the New York-based startup is betting that the next wave of online retail will be driven not by bigger marketplaces,
My cofounder and I officially founded West Tek Defense Corporation in August 2022. We were doing smart rifles for the military. It was complicated. (At one point, we were literally balancing redox equations for propellant in the ammo.) The physics background we both had helped a lot; essentially, everything we saw was something we'd encountered in a class or during personal research. We spent about three years on the entire process. Ultimately, we found out it wasn't going to work - mostly because of regulation.
Nscale has now raised over $4.5 billion across equity rounds in less than six months. The capital funds Nscale's vertically integrated AI infrastructure, consisting of GPU compute, networking, data services, and orchestration software, with expansion planned across Europe, North America, and Asia.
As the race to dominate AI accelerates, Europe's most prominent AI startup is betting that geography - not just technology - can be a competitive advantage in its home market. Arthur Mensch, the CEO and cofounder of French AI company Mistral, said the company's edge in Europe over Silicon Valley rivals like OpenAI, Google, and Anthropic isn't about having dramatically smarter models.
According to Dealroom's 2024 European Tech report, mentions of "AI" in European startup pitch decks increased by over 200% between 2022 and 2024. VC funding for AI-adjacent startups surged, even as overall funding in Europe contracted. The signal was unmistakable: if you want capital, you need to speak the language of artificial intelligence.
We are building the first vertically integrated full-service platform for legal. We allow the end-to-end completion of legal requests with the help of AI agents and experts in the loop. Lawyers are trapped in the time-for-money model. Their expertise is sold by the hour. Lawyers are selling their most valuable asset, their intellect, in finite blocks of time, effectively capping their potential. nu:legal breaks this ceiling by allowing professionals to transform their knowledge into scalable, agentic services.
The Council is limited to 1,000 members globally. Each member is selected through an application and review process. The Council is designed to bring together experienced leaders who want peer conversations, meaningful connections, and visibility through editorial and event participation. Members gain editorial participation opportunities across the platform, access to curated expert panels, and verified executive profiles. They receive priority access to conferences, invitations to private gatherings and closed sessions, and entry to a curated network of founders and senior executives.
Laplanche, who was also the co-founder of LendingClub before leading Upgrade to a $7.3 billion valuation, was unsparing in a recent interview with Fortune. The fintech sector itself, he claimed, "would not even exist if, frankly, banks had done a better job really delighting their customers with product innovation that moves the needle," Laplanche said, arguing that the industry's reliance on "nickel and dime" fees and "unpredictable" costs created the very void that he's spent his whole career filling.
