Topic
european-tech
4 stories related to this topic, newest first.
pymnts.comai40 days ago
OpenAI Releases Latest AI Models to European Companies
OpenAI has begun providing European businesses with access to its most advanced artificial intelligence models. The move aims to strengthen the region's technological capabilities amid growing global competition in AI. It comes as U.S. companies extend their lead over China, whic…
finance44 days ago
Lovable Gives Full-Time Employees 10% Raise on Work Anniversaries
Swedish AI startup Lovable introduced a program granting a 10% raise to qualifying full-time staff on their first work anniversary and every year thereafter. The policy comes as the company, valued at $6.6 billion, reports rapid revenue growth and plans to nearly double its workf…
The Guardianai45 days ago
DeepL Partners with AWS to Scale Voice Translation Service, Offers European Data Residency Option
DeepL, the Cologne-based machine translation leader with $185.2m in revenue last year, informed paying subscribers it will use Amazon Web Services infrastructure. The move has drawn criticism from European competitors and customers citing U.S. data access laws under the Trump adm…
techjuice.pkworld56 days ago
ASML Leads $2 Billion Funding Round Valuing French AI Startup Mistral at $14 Billion
Paris-based AI company Mistral has secured $2 billion in funding led by ASML, valuing it at $14 billion. The investment highlights Mistral's focus on open-weight AI models amid global concerns over reliance on U.S. and Chinese technology. Cofounders each hold stakes worth $1.8 bi…
FO