Friday, 09 October 2026 · Europe
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EUROPES The European Report
European Edition Friday, 09 October 2026
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Tech & Startups

Tech & Startups

European technology, startups, AI and innovation.

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Parafin lands a Goldman Sachs credit facility to embed lending inside Amazon, DoorDash, and Walmart

Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Str

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Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar

Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence c

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China pitches free AI for the developing world as the G7 debates who gets access to American models

China’s top diplomat Wang Yi announced on Wednesday that Beijing is “accelerating the establishment of a global AI cooperation org

FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells

After unveiling ridiculously expensive AR glasses, Snap’s stock takes a dive

PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

France breaks EDF’s grip on hydropower with law to auction 6 GW a year

Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes

Allbirds sells its shoes, renames itself Smartbird, and says it is now an AI infrastructure company

Meloni says banning kids from social media is not a solution on its own

Britain lobbied Trump for an exemption from the Anthropic AI ban. The answer was no.

Mastodon adds email newsletters so people who don’t want an account can still follow creators on the open social web

Gary Marcus warns OpenAI’s IPO could drag Nvidia, Oracle, and CoreWeave down with it

A 21-year-old Stanford grad just raised $11.6M to build a wearable hormone monitor that doesn’t need blood

SpaceX’s surging stock just turned its valuation into an acquisition weapon

World model maker Odyssey nabs $1.45B valuation backed by Amazon and other big names

Mastodon looks to newsletters to help revive the open social web

A million Dutch adults get news solely from social media. Only 12% trust what they see.

Only 16 percent of Americans think AI will have a positive impact on society, a new study shows

AI will mean more humans needed for work, not replace us - Jeff Bezos

Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do

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