Amazon is in talks to buy the AI startup Decart in a deal that could value it at about $7bn, The Wall Street Journal reported on Sunday. Kate Clark and Lauren Thomas reported the talks, citing people familiar with the matter. A deal could come soon if …
Naboo, a Paris start-up that books and manages events for large companies, has rebranded, it said on Tuesday. It now pitches itself to procurement and finance teams as well as to event organisers. The company says it handles more than $300 million of c…
Nvidia is in talks to buy Reflection AI or invest more in the US open-weight model developer, the Financial Times reported on Saturday, citing people with direct knowledge of the matter. TNW has not independently verified the report. The talks are at a…
Europe must give its startups the capital to grow without leaving the continent, Jean-Christophe Laloux said. The incoming chief executive of the European Investment Fund spoke at Wave by Vento in Turin on Friday. “It’s not enough to innovate in Europe…
Regulation is holding back AI in Europe, but not every rule in the same way, Vittorio Colao said. The former Vodafone chief executive, now vice chairman for Europe, the Middle East and Africa at General Atlantic, spoke on stage at Wave by Vento in Turi…
AI training company micro1 will spend $1bn over the next 12 months buying and licensing operational data from companies. The San Francisco company announced the plan on Friday. Citi and Hercules Capital are providing the capital. The money goes through…
Revolut wants to grow beyond banking into a global tech company on the scale of the biggest US groups, but built in Europe, chief executive Nik Storonsky said. He spoke with Exor chief executive John Elkann at Wave by Vento in Turin, in a session title…
Europe has less than 2 gigawatts of AI computing capacity and needs more, former Vodafone chief executive Vittorio Colao said. He spoke at a closed-door press Q&A at Wave by Vento in Turin on Friday, the event’s last day. “Europe missed the big dig…
Europe’s venture-backed companies could be worth more than its industrial base within five years, Dealroom founder and chief executive Yoram Wijngaarde said. He spoke at Wave by Vento in Turin on Thursday. “I think that the VC-backed ecosystem is going…
Legora co-founder and chief executive Max Junestrand says calls for European sovereignty in software are an excuse for companies that are not bold enough to go global. He spoke at Wave by Vento in Turin on Thursday. “I think sovereignty in enterprise a…