Nebius launches AI data centre in Paris as part of $1B European investment plan


Nebius today announced the launch of a new data centre in Paris — among the first

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ESA’s new ‘Moon on Earth’ can launch a ‘European renaissance’ in spacetech


A new recreation of the Moon on Earth has sparked hopes of a “European renaissance” in space. Known as LUNA, the futuristic facility was inaugurated today in Cologne, Germany. The ceremony showcased several striking features, from a 700-square-metre replica o

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VC investment in European defence tech to hit record $1B in 2024, report finds


Following a five-fold growth since 2018, VC investment in Europe’s defence tech is set to hit a record year in 2024, as it’s on course to reach $1bn. According to a new Dealroom report, Europe is now at the heart of an investment surge, as governments turn to

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London, Paris, Amsterdam are the leading VC ecosystems in Europe, report finds


London, Paris, Amsterdam, and Berlin are the leading VC ecosystems in Europe, but the region is significantly lagging behind the US and Asia. That’s according to the latest report by PitchBook analysts, who ranked global VC ecosystems based on their developm

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New UK startup raises $12M for personal AI agents with long-term memory


London-based Convergence has raised $12mn in pre-seed funding to further develop its personal AI agents, which can learn using long-term memory much like humans do. Behind the startup are machine learning engineers Marvin Purtorab (CEO) and Andy Toulis (CTO).

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How to tap into Dubai’s growing startup ecosystem: tips for European founders


The United Arab Emirates, and Dubai in particular, has long been the gateway to the Middle East for international businesses. The Emirate is first in the world in terms of attracting Greenfield foreign direct investment and continues to attract

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Milan startup opens world-first production facility for glass-based quantum photonic chips


NATO-backed Ephos announced today the opening of a production facility dedicated to glass-based quantum photonic chips — a world first, according to the startup. These chips can power quantum applications in computing, sensing, and communications, as well as i

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3 ESG myths VCs and startups need to snap out of quickly


Environmental, social, and corporate governance (ESG) is not a new topic in the

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UK biotech startup raises $100M for next-gen vaccines for respiratory viruses


The vaccine market might be a crowded one, but London-based Vicebio aspires to cement its own place within it. The startup announced today it has raised $100mn in Series B funding for the development of its next-generation vaccines for respiratory viruses. Vic

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‘World’s first’ fully autonomous underwater robot is piloted by AI


UK-based scaleup Beam, born from the recent merger of offshore tech companies Rovco and Vaarst, has launched the “world’s first” autonomous underwater vehicle (AUV) driven by AI.   The mini-sub can perform complex underwater tasks with no human

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