EU launches tenders for AI Gigafactories to build up to seven high-performance data centers The European Commission has opened tenders for AI Gigafactories, mobilizing more than €30 billion in public …
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Business
German startups surge but face €30 billion annual investment gap
by Leo Müllerby Leo MüllerGerman start-ups show momentum but lack the capital to scale into global tech leaders German start-ups are building strength in AI, robotics and hardware, but analysts warn of a roughly …
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Business
Rheinmetall posts 69% revenue surge and €80 billion order backlog in Q2
by Leo Müllerby Leo MüllerRheinmetall Q2 results: Revenue jumps 69% to €3.3 billion as order backlog exceeds €80 billion Rheinmetall Q2 results show revenue surged 69% in the April–June quarter to €3.3 billion, with …
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Technology
Cyera signs letter of intent to acquire Oasis Security for $1 billion
by Helga Moritzby Helga MoritzCyera to Acquire Oasis Security for About $1 Billion, Targeting AI-Agent Identity Controls Cyera to acquire Oasis Security for about $1B, adding AI-agent identity controls to its security platform as …
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Business
Ford Raises 2026 Operating Profit Forecast to $10–11 Billion Despite EV Losses
by Leo Müllerby Leo MüllerFord profit forecast rises to $10–11 billion after Q2 beat Ford raises its 2026 operating profit forecast to $10–11 billion after Q2 adjusted EPS topped estimates; net loss tied to …
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Business
Neura Robotics raises $1.4 billion to launch Physical AI gyms and platform
by Leo Müllerby Leo MüllerNeura Robotics funding secures $1.4 billion to scale Physical AI and launch robot ‘gyms’ Neura Robotics funding: German startup raises $1.4 billion to build Physical AI infrastructure, robot training ‘gyms’, …
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Business
Germany trims heating subsidies to €10 billion as KfW enacts new rules
by Leo Müllerby Leo MüllerGermany tightens heating subsidy: KfW enacts immediate changes after Bundestag cuts Germany’s heating subsidy reduced after Bundestag cuts; KfW enacts immediate changes, prioritizing low- and middle-income households and EU-made systems. …
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Technology
AMD invests up to $5 billion in Anthropic, secures 2GW processor deal
by Helga Moritzby Helga MoritzAMD Anthropic deal: AMD to invest up to $5 billion as Anthropic commits to buy processors with 2 GW power demand AMD will invest up to $5 billion in Anthropic …
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Technology
Mistral AI Reaches €12 Billion Valuation, Becomes Europe’s Most Valuable AI Startup
by Helga Moritzby Helga MoritzMistral Valued at €12 Billion as Europe’s Leading Open AI Startup Mistral, founded in 2023, champions open AI models that customers can run and adapt, and it reached a €12 …
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Technology
Authors secure $1.5 billion copyright settlement covering 482,000 books
by Helga Moritzby Helga Moritz$1.5 Billion Book Copyright Settlement Agreed, Covering More Than 482,000 Titles A $1.5 billion book copyright settlement has been announced, resolving claims affecting more than 482,000 works and prompting claims …