Topic: european tech
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Europe's Open Source Plan to Ditch US Tech Giants Gains Steam
Europe is actively pursuing digital sovereignty to reduce reliance on American tech giants, driven by distrust and a strategic pivot toward open-source technology for greater independence. This movement is translating into concrete actions, with numerous European governments and agencies migratin...
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Lovable Hits $200M ARR, CEO Credits European Roots for Success
Lovable has doubled its annual recurring revenue to $200 million in just four months, achieving rapid growth since reaching $100 million ARR in July. The company's decision to remain in Europe instead of relocating to Silicon Valley proved strategically beneficial, fostering a distinct culture an...
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French AI Giant Mistral Nears $14 Billion Valuation
Mistral AI is reportedly closing a €2 billion funding round that would value the company at $14 billion, making it one of Europe's most valuable tech firms. The Paris-based startup, founded by former DeepMind and Meta researchers, specializes in open source language models and its consumer AI cha...
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Synthesia Hits $4 Billion Valuation With $200 Million Funding
A $200 million investment led by Google Ventures has given AI video platform Synthesia a $4 billion valuation, highlighting strong investor confidence in applied AI with proven enterprise use cases. The company's technology, which creates professional videos using digital avatars, is widely adopt...
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Nvidia, Deutsche Telekom Form €1B AI Data Center Partnership in Munich
Nvidia and Deutsche Telekom are investing €1 billion to build an AI factory in Munich, which will increase Germany's AI computing power by 50% and enhance its technological infrastructure. The facility will use over 10,000 Blackwell GPUs and operate in compliance with Germany's data sovereignty l...
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Belgian Cybersecurity Startup Aikido Reaches Unicorn Status
Aikido Security, a Belgian cybersecurity startup founded in 2022, has achieved a $1 billion valuation after a $60 million Series B funding round, marking the fastest rise to unicorn status for a European cybersecurity company. The company's success is built on a developer-first platform that inte...
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Odoo Hits €7B Valuation After General Atlantic Stake Boost
Odoo's valuation reached approximately €7 billion after a secondary transaction where General Atlantic increased its stake by purchasing shares from Wallonie Entreprendre, reflecting strong investor confidence in its growth. The company, founded in 2002, operates on an open-core model with a vast...
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AI's New Investing Playbook: A Game Changer for Your Portfolio
AI is fundamentally transforming investment by shifting from reliance on personal networks to data-driven insights, enabling more efficient and objective decision-making. The technology enhances workflows through data orchestration, micro-pattern detection, and process acceleration, allowing real...
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