News

Europe's answer to OpenAI just got a $1.5 billion boost from chip giant ASML

Mistral's latest funding round, led by ASML, cements its status as Europe's most valuable AI startup.
Crunchbase News1d

Mistral’s $2B Series C Is Europe’s Largest AI Round By A Lot

While Europe may lag overall in the race for global AI dominance, the region has produced some strong contenders. The most ...

Europe's AI poster child Klarna taps the brakes on chatbots

After becoming one of the early adopters in Europe of artificial intelligence, Klarna CEO Sebastian Siemiatkowski says the ...

The EU AI Act aims to create a level playing field for AI innovation: Here’s what it is

The European Union’s Artificial Intelligence Act, known as the EU AI Act, has been described as “the world's first comprehensive AI law” by the European Commission.

DataCrunch raises $64M to build European-based AI hyperscaler using green energy

Helsinki, Finland-based DataCrunch Oy, a provider of high-performance artificial intelligence infrastructure, said today it ...
France 24 on MSN4d

Europe bets on supercomputer to catch up in AI race

Europe's fastest supercomputer Jupiter was inaugurated Friday in Germany with Chancellor Friedrich Merz saying it could help ...
Tuko on MSN2d

Mistral cements AI lead in Europe with cash infusion

France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors after ...

Europe promised an innovation comeback against the US and China. One year on, it's barely scratched the surface.

One year after Europe vowed to catch up with the US and China on innovation, a Deutsche Bank report finds limited progress, ...

There’s more to life than LLMs, or why Europe needn’t fall behind in AI adoption

Does this mean that Europe has lost its chance to benefit from the AI revolution on equal terms with the U.S.? Not ...