Belgian bootstrapped and profitable AI photography startup raises €2.1M: Know more
Belgium-based BetterPic raises funding.
Artificial Intelligence (AI)
Artificial intelligence in practice — what it changes, who it concentrates power for, and how it lands in the businesses and policies of the technology economy.
911 articles · Artificial Intelligence (AI)
London-based Meshed lands €1.10M to rebuild insurance broking with AI agents
UK’s first AI-native insurance broker closed an oversubscribed funding round from prominent investors to modernise this broken model from scratch.
London’s Archestra.AI bags €2.8M to keep AI agents in check; round closed in under two weeks
Archestra has secured funding to advance its platform aimed at enabling secure integration of AI agents with enterprise systems, addressing safety and compliance concerns while supporting productivity gains.
AI tool of the week: UK-based Tracelight secures €3M to make analysts superhuman in spreadsheets
UK-founded Tracelight, an AI company making financial models easier to build and trust, has raised $3.6M (approximately €3M) in seed funding led by Chalfen Ventures.
UK MoD selects Australia’s Castlepoint Systems to tackle data leaks with Explainable AI post-Afghan data breach
The UK Ministry of Defence (MoD) announced that it has chosen Australian dual-use technology company Castlepoint Systems to safeguard sensitive information using artificial intelligence.
After the UAE, OpenAI announces Stargate Norway, first AI data centre initiative in Europe
OpenAI announced Stargate Norway, the company’s first AI data centre initiative in Europe under its OpenAI for Countries program.
US AI startup AIxBlock secures EU backing: €1.5M grant awarded, €61.5M pre-approved for European expansion
Delaware, US-based AIxBlock, a decentralised AI tech startup, has secured a €1.5M innovation grant from the European Union, along with up to €61.5M in two additional grants that have been pre-approved to support its long-term expansion across Europe.
Prague-based Resistant AI secures strategic investment from Experian to combat APP fraud
Prague-based Resistant AI, a company that protects financial services from financial crime, has secured a strategic investment from Experian, a global data and technology company.
Google and Microsoft embrace EU’s AI Code of Practice; Meta calls it ‘overreach’ and refuses to sign
Google, on Wednesday, announced its intentions to adhere to the European Union’s General-Purpose AI Code of Practice.
Retab launches with €3M to help developers automate document workflows with AI: Know more
Retab, a Paris and San Francisco-based startup focused on document automation, comes out of stealth with $3.5M (nearly €3M) in pre-seed funding and the launch of its platform.
No hype, no pitch decks: Cyprus’ Aiphoria quietly built a bootstrapped, profitable AI company; now raises $34M at $150M valuation
Limassol, Cyprus-based Aiphoria, an AI startup specialising in delivering enterprise-grade voice-first AI agents, has secured $34M (€29.5M) in a funding round led by Ratmir Timashev, co-founder of Veeam Software.
Amsterdam unicorn DataSnipper teams up with Microsoft to bring AI agents into the audit space
Amsterdam-based unicorn DataSnipper, an automation platform focused on audit and finance, announced a partnership with Microsoft to introduce AI agents into the audit space, fundamentally changing the way professionals work.