EIC Showcases Fifteen Deep-Tech Companies at GITEX AI Europe 2026 in Berlin
European Innovation Council pavilion highlights advances spanning sovereign AI infrastructure, quantum computing and cyber resilience at GITEX AI Europe
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LITILIT Targets 3,000 Femtosecond Lasers Per Year With New €6 Million Vilnius Factory
Lithuanian femtosecond laser startup LITILIT has begun developing a new production facility in Vilnius that is expected to manufacture up to 3,000 lasers annually within a few years of launch, as demand grows for precision manufacturing technologies used across semiconductor production, medical devices and advanced electronics.
Global Tech Leaders Converge in Berlin to Set New AI Directions for Europe’s €1.5 Trillion Tech Economy
Ministers, enterprise tech leaders, founders and investors from 80+ countries drive consensus on sovereignty, scalability and AI competitiveness at GITEX AI EUROPE 2026
SpaceX Goes Public in $75B IPO, and the Orbit of Everything Changes as the World Has Its First Trillionaire
SpaceX began trading on the Nasdaq Global Select Market under the ticker SPCX on Friday, raising $75 billion in the largest initial public offering (IPO) in history. The offering puts a nearly $1.8 trillion valuation on the company, capping what has been a remarkable journey for a company that raised nearly $12 billion in private […]
Södra Signs Enterprise-Wide Agreement With Viking Analytics Covering 3,650 AI Sensors
Swedish forest industry cooperative Södra has signed a framework agreement with AI company Viking Analytics to deploy the MultiViz vibration analytics platform across its three pulp mills in Värö, Mörrum, and Mönsterås. The agreement covers 3,650 sensors in total.
Fime Gets MOSIP Accredited to Test Biometric Devices for Digital ID Programs Serving 100 Million Citizens
Testing and certification company Fime got accredited by MOSIP to conduct biometric device testing within its ecosystem.
Alphabet Launches $80 Billion Equity Raise to Fund AI Infrastructure, With Berkshire Hathaway Committing $10 Billion
On June 1, Google’s parent company Alphabet announced plans to raise $80 billion through a series of stock offerings, directing the proceeds toward expanding its artificial intelligence infrastructure. The announcement marks a notable moment in corporate finance history and reflects the growing capital demands of the AI industry.
Nvidia Hits $5.5 Trillion Valuation With Zero Revenue From Its Former Biggest Growth Market: Could Huang Trip to China Accelerate Its Dominance?
The AI arms race just crowned its first $5.5 trillion company – Nvidia has officially outpaced Google and Apple setting the unprecedented valuation record. At the same time, the world’s most valuable chipmaker is still locked out of the market that could make that number look small. China that used to be one of Nvidia’s […]
Amini, Foxconn And Bull Announce Partnership as Africa Data Centre Market Projected At $6.81 Billion By 2030
Amini, Foxconn (Hon Hai Technology Group), and Bull have announced a partnership to provide AI data centre infrastructure to governments and companies in Africa and other Global South markets.
Santander Launches Global Challenge Accelerator for Quantum & AI Startups With €120,000 Prize Fund
Spanish Banco Santander offers startups and scaleups operating in quantum computing and artificial intelligence (AI) segments a chance to win a share of €120,000 prize fund, strategic mentoring from IBM experts, and up to €10,000 in specialised services from Bluzec acceleration platform.
Google Uncovers First Known AI-Built Cyberattack Tool
For the first time, Google says it has found a cyberattack tool it believes was built with AI. The company’s security researchers uncovered a previously unknown flaw in a popular piece of software that criminal hackers were planning to exploit at scale. A patch was issued before any damage occurred. However, Google Threat Intelligence Group’s […]
OpenAI Launches Deployment Subsidiary With $4B Funding And 19 Investment Partners
OpenAI has launched the OpenAI Deployment Company, a new business unit focused on helping organizations deploy AI systems into their operations.
Avassa and Alimak Group Announce Edge Platform Deployment for Industrial Applications
Avassa and Alimak join efforts amid a broader trend of edge computing and industrial digitalisation, as companies deploy software and data processing closer to physical operations.
Amplicity Raises $1 Million Seed Round to Deploy Battery Optimisation Projects
With new funding, ENGIE-backed Amplicity aims to commence its first commercial battery use optimisation projects in Singapore and expand operations in Australia.
Italian Travel Tech Startup Smartness Raises €47 Million In Series B Funding Round
AI-powered travel tech company that automates online operations and booking management for hotels and vacation rental businesses is scaling up to build a company with over €1 billion in turnover.
Amazon Web Services Expands Amazon Connect Into Four-Product Suite, Announces OpenAI Partnership on Bedrock
Amazon Web Services announced a set of product expansions at its “What’s Next with AWS” event, including a restructuring of Amazon Connect, updates to Amazon Quick, and an expanded partnership with OpenAI to bring its models, Codex, and a new managed agents service to Amazon Bedrock — all in limited preview.
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