Thursday, 08 October 2026 · Europe
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EUROPES The European Report
European Edition Thursday, 08 October 2026
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Tech & Startups

Tech & Startups

European technology, startups, AI and innovation.

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AI boom pushes Microsoft emissions up 25%, straining climate target

Microsoft’s greenhouse gas emissions surged 25% last year as AI data centre construction overwhelmed its climate targets, exposing the vast physical costs of the artifici

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xAI caught running 59 unpermitted gas turbines for AI data centre

Elon Musk’s xAI has been running dozens of unpermitted gas turbines to power a data centre across a state line, exposing how the A

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London tests new private market as Moneybox hits $1.1bn

The British savings app reached a $1.1bn valuation through employee share sales, testing a new London exchange designed to keep Eu

European VCs back $200m raise for Chinese humanoid maker LimX

ECB names 36 firms including Stripe and Revolut for digital euro pilot

New York pauses new data centres as AI energy costs bite

Beckham-backed IM8 takes $1bn non-dilutive loan from General Catalyst

Sutton launches Oak Lab to build low-energy AI agents

Japan backs $3bn Tower Semiconductor photonics expansion

Swiss regulator probes Google over vanished Android choice screen

Huawei energy arm matches Tesla, exposing Europe's green tech blind spot

OpenAI wants its legal fees from xAI, while Apple comes for OpenAI

Republic Europe targets late-stage private secondaries with WHOOP

Screen-free kids' phone market expands with Pinwheel landline

DeepSeek founder Liang tops AI wealth ranking after $7.4bn round

Ericsson profit beats estimates, signals price hikes to customers

Finland and Estonia back NestAI for sovereign military AI

Intel to invest €5bn upgrading Irish chip plant for AI servers

Europe watches as Australia faults tech giants on abuse tools

SoftBank forecasts $5tn annual AI spending by 2040 amid surging energy demands

Seoul court pauses regulator move to name Coupang founder as controlling figure

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