Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over year, at a time when growth across the sector has c…
Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over year, at a time when growth across the sector has c…
The European Union has formally inaugurated NanoIC, a semiconductor pilot line backed by a €700 million investment under the European Chips Act. The facility aims to accelerate the development of advanced chip technologies and strengthen Europe’s posit…
India is adjusting startup rules to help more of its deep tech startups with funding and long-term success.
Europe’s largest dedicated deep tech growth fund has taken a major step forward after closing the first tranche of its fundraising effort at €750 million. The fund, known as Kembara Fund I and managed by Spain-based Mundi Ventures, is aiming for a €1 …
If cinema has taught us anything about interacting with our own creations, it’s this: androids chatting among themselves seldom end with humans clapping politely. In 2001: A Space Odyssey, HAL 9000 quietly decides it knows better than the astronauts. I…
If cinema has taught us anything about interacting with our own creations, it’s this: androids chatting among themselves seldom end with humans clapping politely. In 2001: A Space Odyssey, HAL 9000 quietly decides it knows better than the astronauts. I…
London-based AI video startup Synthesia has raised $200 million in a Series E round, nearly doubling its valuation to around $4 billion and cementing its position as one of Europe’s most valuable AI companies. The round was led by Google Ventures, with…
Most engineering leaders cannot answer the one question their CFO is about to ask: “Can you prove this AI spend is changing outcomes, not just activity?” Every December, roadmaps get locked, budgets get approved, and board decks are polished until ever…
Europe’s AI startups are losing ground to the US — and their own investors are to blame. Only 5% of global venture capital is raised in the EU, according to the European Commission. The US, by contrast, attracts more than half, while China takes 40%. Y…