Hedge funds sold chip stocks for a fourth week, but not the AI trade
The UN says AI is moving faster than the rules, and it has a report to prove it
Judge grants Alibaba a reprieve from the lobbying ban tied to the Pentagon’s blacklist
Tech billionaires pour $120M into killing California’s wealth tax
Nintendo will stop selling the original Switch in Europe next year
Skello raises €200M and its founders end up owning more of the company
Klarna applies for a US banking licence, its boldest American move yet
Reddit fights AI marketing ‘slop’ with its own AI, as GEO becomes the new SEO
Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European
Broadcom extends its Apple chip work through 2031 in a fresh custom-silicon deal
Uber quietly pauses 5 of 7 European food-delivery launches as it chases Delivery Hero
Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise
Denmark steps into an EU court fight over what platforms owe publishers
Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data
Finland’s CurifyLabs raises $14M to 3D-print personalised medicine in the US
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Getting to the heart of the European tech and startup scene.
Spain’s Sherpa.ai raises $18M for AI that never touches your data
Thought Machine crosses $100M revenue and delays its London IPO to 2028
Taiwan’s Unimicron seeks up to $1.4bn as AI lifts the chip-substrate makers
The AI chip trade cracked this week, and the hunt for what replaces it has begun
Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple
IQM becomes the first European quantum company to list on a major US exchange
SAP freezes hiring and travel to shovel cash into AI
Palantir’s ‘AI sovereignty’ manifesto is a war on how AI makes money
UiPath shares rebound as Wall Street warms to its AI-agent pivot