Big Tech built its reputation on mountains of cash. It is building its AI empire on debt, and the bill is starting to land in Europe. The five biggest builders of AI data centres in the US have doubled their debt over five years. Together, Alphabet, Am…
First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round…
Brussels has decided that infinite scroll is not a feature but a hazard. On Friday, the European Commission told Meta to dismantle the design tricks that keep people glued to Facebook and Instagram, or risk a fine that could run into billions, in a fre…
This week, two of the world’s biggest car regulators looked at the same question and reached opposite answers. The question is simple. What should sit between a human and a moving vehicle? In the United States, the top auto-safety official floated pull…
Europe uses about a fifth of the world’s chips, but makes only a tenth of them. A three-year-old Munich startup thinks it can help close that gap, and Brussels has just backed the bet. QuantumDiamonds is a spin-out of the Technical University of Munich…
A single European bank haggling with Amazon or Microsoft has almost no leverage. A few hundred of them haggling together might. That, stripped to its essence, is the recommendation Dutch regulators handed their government on Friday, in a report warning…
SAP has talked its way out of an EU antitrust fine. The European Commission said it would accept a set of commitments from the German software group, closing an investigation into how SAP handles maintenance and support for its on-premise enterprise so…
The European Parliament has voted to advance a bill letting tech companies legally scan for child sexual abuse material. On Thursday in Strasbourg, lawmakers sent the proposal to EU member states for approval, Politico reports. The twist is that Parlia…
Yann LeCun is not a natural contrarian, but he is playing one right now. The man often called a godfather of AI built the convolutional neural network in the late 1980s. That design still powers phone cameras, medical scans, and driver-assistance syste…
On stage at the RAISE Summit in Paris, the interviewer put it bluntly to Mark Papermaster. He should have bought AMD shares six months ago, he joked, back when they traded near $200. They now sit above $500. AMD is no longer the plucky underdog chasing…