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Mistral is reportedly in talks to raise $1B

French AI startup Mistral is in talks to raise up to $1 billion in equity from investors, including Abu Dhabi’s MGX fund, reports Bloomberg, citing people familiar with the matter. Mistral is also ...

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 2025-03-05T14:09:50+00:00

UK drops antitrust probe into Microsoft and OpenAI tie-up

Britain dropped its probe into Microsoft's partnership with ChatGPT maker OpenAI on Wednesday, saying the software giant did not have the level of control over the AI company that would warrant further investigation.

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.

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 2023-12-12T14:43:31+00:00

EU begin to hash out EU AI Act details starting Tuesday

Days after EU countries and lawmakers agreed on a provisional deal on artificial intelligence rules, experts from both sides are meeting on Tuesday to hammer out details, according to three sources familiar with the matter.

REUTERS 2025-10-06T11:43:26+00:00

AI venture funding continued to surge in third quarter, data shows

As the rush towards AI-related companies continues on Wall Street, data from Crunchbase showed on Monday that the sector enjoyed a bulk of venture funding in the third quarter, with names including Anthropic raking in billions.

REUTERS 2024-04-17T22:31:37+00:00

Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say

EU antitrust regulators have concluded that Microsoft's $13 billion investment into OpenAI is not an acquisition, sources familiar with the matter said on Wednesday, signaling the deal will avoid a formal European probe that could have led to onerous remedies for the U.S. tech giant.