Octopus Energy set to ‘release the Kraken’ after AI-powered spin-off hits $500M revenue, 70M accounts
London-based Octopus Energy Group (OEG) announced the spin-off of its technology company -- Kraken.
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.
877 articles · Artificial Intelligence (AI)
London's Conduct breaks cover after 18 months in stealth with €10.1M to simplify ERP operations
London-based Conduct, an enterprise AI startup founded by three former Palantir engineers, emerges from stealth with a $12M (approximately…
London-based Omnea raises €42.4M to make buying and managing suppliers easier for businesses
Omnea has secured new funding to expand its AI-powered procurement platform and enhance its supplier management capabilities.
London’s Nscale teams up with Microsoft, NVIDIA, and OpenAI to supercharge UK’s AI infrastructure; Stargate UK announced
UK-based Nscale, an AI infrastructure provider, has announced a partnership with several major US technology companies, including Microsoft, NVIDIA, and OpenAI, to support the UK AI sector.
Sweden’s EvoluteIQ raises €44.7M to expand its agentic AI platform for enterprise
Stockholm-based EvoluteIQ completed a growth capital round to support its global expansion in AI-led enterprise automation.
UK-based AI enterprise platform Shop Circle extends its Series B round to $100M: Know more
London-based Shop Circle, which builds AI-driven software for enterprise infrastructure, has extended its Series B round to support growth.
London-based BNVT Capital launches €126.5M debut fund to back AI-first startups tackling global challenges
London-based VC firm BNVT Capital announced the launch of its debut $150M (approximately €126.5M) fund to invest in AI-first and technology-driven companies that solve humanity’s most pressing challenges.
Dutch medical software company Aiosyn raises €2.4M to advance cancer diagnostics through AI
Nijmegen, the Netherlands-based Aiosyn, a medical software company specialising in AI-powered pathology, has raised €2.4M in a funding round.
Amsterdam’s Nebius shares soar 51% after sealing €16.5B AI infrastructure deal with Microsoft
Amsterdam-based Nebius Group, an AI infrastructure company, today announced a new agreement for five years (till 2031) to deliver AI infrastructure to Microsoft, valued at around $19.4B (approximately €16.5B).
Dutch-based OAASIS launches with €2.9M funding to give small businesses big supply chain power
OAASIS raises funding and launches in the Dutch market, offering AI-based supply chain solutions for SMEs and mid-market companies.
London-based Fyxer secures €25.5.5M to expand AI executive assistant tool into the US market
London-based Fyxer AI, a startup developing an AI-powered executive assistant tool, has secured $30M (approximately €25.5M) in a Series B funding round.
Aarhus-based Understory raises €12M to expand AI platform for experience economy
Aarhus, Denmark-based Understory, a software company that offers business bookings, payments, a dashboard, and marketing services, has raised €12M in a Series A funding round.