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REUTERS 2024-06-11T17:41:29+00:00

Italy AI unicorn iGenius targets 650 mln euros in funding round

Italian start up iGenius is aiming to raise 650 million euros ($698.56 million) in new funds to further develop its generative artificial intelligence (AI) for the financial and public sectors, the Milan-based company said on Tuesday.

REUTERS 2026-06-17T05:04:29.109000+00:00

Europe frets about US AI as tech world flocks to France for G7, VivaTech

Europe's quest for technological ​sovereignty will dominate discussions at the G7 in France and the VivaTech conference in Paris this week, as policymakers and ‌technology executives fret about American AI, with alternatives remaining scarce.

REUTERS 2024-05-27T06:04:27+00:00

France looks to elusive EU capital market to fix start-up funding

France is banking on a new push to integrate the European Union's fragmented capital markets to give them the scale needed to wean its flourishing startup sector off of dominant U.S. venture capital, ministers, CEOs and investors said.

REUTERS 2026-06-22T10:57:49.682000+00:00

US curbs on AI spur European firms to spread the risk

Limits on access to some U.S. ​artificial intelligence services are pushing major European companies to speed up spreading risk across multiple providers and reinforcing the need for more domestic alternatives.

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Mistral Forge Makes A Case For Enterprise-Owned AI

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. SPAIN - 2026/02/04: In this photo illustration, the french AI chatbot Mistral logo seen ...

REUTERS 2024-11-21T07:54:23+00:00

Hungary to install air defence system near Ukraine border

Hungary is going to install an air defence system in the northeastern part of the country as the threat of an escalation of the Ukraine-Russia war is "greater than ever", its defence minister said.

REUTERS 2025-07-03T22:01:45+00:00

Will the EU delay enforcing its AI Act?

With less than a month to go before parts of the European Union's AI Act come into force, companies are calling for a pause in the provisions and getting support from some politicians.

REUTERS 2023-06-19T19:36:10+00:00

France makes headway in alternatives to German-led air defence plan

President Emmanuel Macron said he made some progress on Monday in convincing some of France's EU allies to look at a more home-grown defence strategy, in contrast to a German-led effort to jointly procure air defence systems from outside Europe.

REUTERS 2026-01-12T15:15:03+00:00

Morocco targets $10 billion AI contribution to GDP by 2030

Morocco is targeting a 100 billion dirhams ($10 billion) boost to its gross domestic product from artificial intelligence by 2030, the minister in charge of digital transition said on Monday, as the country steps up its investment in training programmes, sovereign data centres and cloud services.

REUTERS 2025-10-08T12:00:10+00:00

How Europe can play to its strengths with AI

Brussels committed 1 bln euros to boost artificial intelligence. It won’t bridge the investment gap with the US or make up for the lack of a leading EU chip designer. But focusing on industrial applications makes sense. The next step is attracting talent and cutting energy costs.

REUTERS 2025-02-11T15:00:58+00:00

EU's AI push to get 50 billion euro boost, says von der Leyen

The European Union will provide 50 billion euros ($51.6 billion) of EU funds to bolster the bloc's artificial intelligence ambitions, European Commission President Ursula von der Leyen said on Tuesday, as countries race to lead in the technology.