Tech & Startups
European technology, startups, AI and innovation.
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Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple
A bank that barely existed a year ago is now chasing a valuation most European lenders can only dream of. Erebor was founded by An…
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IQM becomes the first European quantum company to list on a major US exchange
Europe just put its first quantum computing company on a major American stock exchange. And it did so without leaving home. IQM, a…
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Argentina’s AI-run companies plan still can’t do without humans
Argentina’s government wants to let a company trade with no person in charge of it, and it has sent Congress a bill to make that l…
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GoDaddy warns India’s fake-site crackdown could damage the internet
The world’s biggest seller of website addresses says a court order in India could make the internet less safe. GoDaddy is fighting…
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Amazon says it finally has enough satellites to switch on its Starlink rival
Amazon has finally reached the starting line in the satellite-internet race. It says it now has enough spacecraft in orbit to swit…
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Spotify pushes back on Kalshi and Polymarket after a song’s chart run looked rigged
Spotify has removed roughly 500,000 streams from Malcolm Todd’s song “Earrings” after the track’s sudden rise to the top of its US…
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Researchers say an AI agent just ran a ransomware attack from start to finish, with no human at the keyboard
Ransomware has always needed a skilled human somewhere in the loop. Security firm Sysdig says that just changed. It has documented…
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ElevenLabs in talks for tender offer at $22bn valuation, doubling February mark
The voice AI startup is reportedly weighing a staff share sale that would value it at nearly double its February funding round, ac…
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Exclusive: ETCI-backed VC firms split over plan to limit non-European investments
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Crusoe reportedly in talks to raise $3 billion, tripling its valuation
Crusoe is reportedly in talks to raise about $3 billion in a new funding round that could triple its valuation to roughly $30 bill…
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A rocket motor blew up at Anduril’s Mississippi test site. The defence darling says it’s routine
Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors…
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ElevenLabs targets $22bn valuation with fresh share sale, reports say
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Inside the 30-year EU initiative turning startup placements into patents
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Dutch military backs Intelic’s drone software with tens of millions of euros
The three-year deal aims to let drones from different manufacturers operate under one command system, a lesson the Netherlands say…
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China approves Unitree’s Shanghai listing registration, valuing IPO at $619M
China’s securities regulator has approved Unitree Robotics’ registration to list on Shanghai’s STAR Market, clearing the last form…
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India widens its usernames crackdown to Telegram and Signal
A government source says the IT ministry has sent notices to both apps, a day after ordering WhatsApp to pause its own usernames r…
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HCLTech wins $1.14bn deal with a European firm, its biggest since 2023
HCLTech has signed a $1.14 billion contract with a major European company, the Indian IT services group said Thursday, in what is …
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EU lawmaker who investigated spyware abuse was hacked with Pegasus
Stelios Kouloglou spent two years on the European Parliament committee set up to investigate governments spying on their own citiz…
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Blackstone’s QTS terminates its Digital Gateway data centre project in Virginia
QTS, the data centre operator owned by Blackstone, has terminated its Digital Gateway project in Prince William County, Virginia, …
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Scientists built a cell from scratch that eats, divides and evolves. They just won’t call it alive
Scientists in Minnesota have built a cell from scratch. It can feed, grow, and divide, and it competes with its own offspring. Its…
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Anthropic and the Trump administration deny discussing a government stake
The Trump administration and Anthropic have not discussed the government taking an equity stake in the AI company, a source famili…
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Zuckerberg says Meta’s AI agent progress is slower than expected
Mark Zuckerberg told Meta employees on Thursday that the company’s AI agents have not progressed as quickly as he expected, four m…
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Quantum Systems raises $1.2bn and doubles its valuation to $8bn as defence money floods in
Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than d…
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Alibaba to ban Claude Code over alleged backdoor risk, source says
The workplace ban, starting July 10, lands weeks after Anthropic accused operators linked to Alibaba’s Qwen lab of running the lar…