Browsing: European Union

The European Investment Bank (EIB) is working on a new initiative called ‘Tech EU’ to enhance European capabilities in artificial intelligence and semiconductors, aiming to raise 70 billion euros by 2027.

Microsoft President Brad Smith emphasizes compliance with EU regulations despite disagreements, amid escalating trade tensions between the US and EU.

European tech founders unite to prevent young startup talent from leaving the continent through Project Europe, a 10 million euro fund supporting entrepreneurs aged 18-25

European Union’s securities watchdog cautions that cryptocurrency industry problems could pose risks to broader financial stability as the sector grows and ties with traditional financial markets increase

Meta resumes AI training using public posts and comments from European Union adult users, despite privacy concerns

Meta to use public posts and comments from EU adult users to train AI models, despite privacy concerns raised by activists

European defense tech startups are looking to capitalize on rising military spending, particularly those developing dual-use technologies. ARX Robotics, based in Munich, is a prime example, offering technology to convert existing military vehicles into autonomous systems.

Over 90 European tech companies and industry groups are urging the EU to establish a sovereign wealth infrastructure fund to reduce reliance on foreign entities and stimulate domestic growth, particularly in areas like AI and semiconductors.

Eurozone finance ministers express worry that the US’s embrace of cryptocurrencies under a new administration could jeopardize the euro area’s monetary sovereignty and financial stability.

A summary of recent developments in Environmental, Social, and Governance (ESG) initiatives, including Microsoft’s AI expansion, EU defense spending, Japan’s carbon-absorbing buildings, and a new compliance platform.