Larry Ellison has been absent from Oracle’s earnings calls this year and is not on the billing for next month’s user conference, a year after the company promoted Clay Magouyrk and Mike Sicilia to co-chief executives. Magouyrk built the cloud business whose European proposition is a sovereign region operated by EU legal entities, a product […]

Dario Amodei has called on the AI industry to slow the pace at which it improves models, committing Anthropic to embedded third-party evaluators and asking Washington for an antitrust waiver so competitors can coordinate on safety. Much of what he describes has been binding on general-purpose models with systemic risk in the EU since August […]

Oracle has raised the cost of its 2026 restructuring by $700M to about $2.8B, covering actions it says it expects to take, and disclosed a plan letting Larry Ellison sell 50 million shares by 24 October. Roughly 92,000 of its 141,000 staff work outside the US, and in the EU collective redundancies require consultation, written […]

China’s AI industry is moving from competing on models to deploying agents, and the China Telecom Research Institute expects inference to reach 80% of the country’s compute market by 2029. Europe’s answer is seven gigafactories whose bids close in November and whose machines are due to run by mid-2028, on a EUR 30bn budget of […]

Nvidia is in talks to invest up to $10bn in Anthropic’s initial public offering, which seeks as much as $100bn at a valuation near $2trn and would be the largest listing in history. Three days earlier it returned as an investor in Mistral’s EUR 3bn round, the largest ever raised by a European technology company […]

Li Auto will show the Li 6 at next month’s Paris Motor Show and start selling in Europe in the fourth quarter, six years earlier than its founder said it would. It is bringing only its battery models, because the EU’s duty on Chinese electric cars explicitly covers extended-range vehicles, the type that make up […]

A US congressman has asked federal regulators what they intend to do about Tesla drivers who sleep while Full Self-Driving is switched on, demanding answers from the transportation secretary by 30 September. Raja Krishnamoorthi, who represents an Illinois district, wants to know whether Tesla’s cabin camera still works when a driver wears sunglasses or covers […]

Amazon has made its Quick desktop assistant generally available on macOS and Windows, pitching it to enterprise IT as the governed alternative to shadow AI. Quick runs in ordinary European AWS regions with inference kept inside Europe, but it is not on the published service list for the sovereign cloud AWS opened in Brandenburg in […]

China exported more than 6.2 million passenger cars in the first eight months of this year, beating its full-year total for 2025 with four months to spare, while domestic sales fell 25.6% in August. Europe absorbed much of the growth through plug-in hybrids, which the EU’s tariff on Chinese cars does not cover, and BYD’s […]

Pony.ai and Verne have started fully driverless passenger rides in Zagreb, the first anywhere in Europe, with nobody in the driver’s seat and Uber taking the bookings. The pair want more than 2,000 robotaxis on European roads, but the only EU-wide approval route for a fully automated car is capped at 1,500 units a year […]

OpenAI has stopped selling the $200 tier of ChatGPT Pro, saying demand for its Astra model is straining its systems. European organisations face a second constraint the pause does not touch, because Astra still has no EU data zone deployment and no paid option keeps processing inside the EU data boundary. OpenAI has paused new […]

Five ElevenLabs services are listed on the software lot of G-Cloud 15, the UK government’s cloud buying framework, according to the Digital Marketplace. They cover conversational agents, transcription, dubbing and text-to-speech. Three months ago the same government signed an agreement with the company that committed it to buying nothing. TNW reported in June that the […]

AI is already changing how people find and buy things online, comparing prices, narrowing down options, doing in seconds what used to take an afternoon of tabs open. An AI agent could find a flight that fits your schedule, for example. Giving it permission to actually buy the ticket is a more complicated problem. That […]

The United Arab Emirates plans to invest €40bn ($46.4bn) in Germany, including in new data centres with a combined capacity of about one gigawatt. The two countries announced the package in a joint declaration on 10 September. UAE President Sheikh Mohamed bin Zayed Al Nahyan was on a state visit to Germany, where he met […]

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Either way, let's get you up to speed.

? Notable and big funding rounds

?? Mistral secures €3B Series D to push sovereign AI into its next phase

?? The Exploration Company raises $450M Series C to scale reusable space transport

??  Positive, formerly Sarbacane, completes a €106M refinancing to acquire companies

??‍?? Noteworthy acquisitions and mergers

??  Lexroom makes first acquisitions with Query Juriste and Praven Intelekt deals

?? French sustainability Platform Greenly Acquires Swedish Climate Data Startup Normative for 700 Million SEK

?? Bending Spoons enters definitive agreement to acquire AI innovation workspace Miro for €1.7 billion

? Interesting moves from investors

? Claret Capital Partners exceeds target with €575M growth debt fund for European innovators

? Revolut backer Molten Ventures hits £175M first close of growth fund

?.Clean Growth Fund II hits £81.5M at second close towards £150M target

? EIF backs Nordic Foodtech VC with €30M to scale Europe’s agrifood deeptech

?️ In other (important) news

?? “We have a chance to build Britain’s first one trillion dollar company,” says executive at top UK chip startup

?? 100 days to save EU Inc: Europe’s tech leaders warn against watering down landmark reform

? Boss of San Francisco-based AI coding startup mocks “monoculture” Silicon Valley, as opens London office

? August 2026's top 10 European tech deals you need to know about

?? Antler research reveals Europe’s unicorn boom is masking an early-stage funding crisis

? Recommended reads and listens

?? Beyond the robot dogs: European startups worth watching from IFA 2026

? Could US frontier AI labs dominate banking?

?? Tech leaders call for 25% of EU budget to secure Europe’s energy and digital future

? European tech startups to watch 

??  Bynario raises €2.1M to develop AI-powered platform for software vulnerabilities

?? Yngvi Bio received €1.3M from BioInnovation Institute

??  sci2sci raises €1.2M to build trusted AI infrastructure for regulated industries

?? Anemo Labs lands £700,000 to give AI a sense of smell

?? Robutler raises $400K from ZAS Ventures to build the ‘YouTube of software’

?? Green Eagle Solutions lands Copilot Capital backing to take renewable energy ‘autopilot’ global

A Texas judge ruled on Thursday that TikTok broke state law by telling parents its app was safe for their children while knowing that it was not. District Judge Cory Liu found that the company had intentionally misled the public about its safety standards, and he decided it on summary judgment, meaning he did not […]

Shares in Shanghai Enflame Technology closed 179% above their offer price on their first day of trading on Shanghai’s Star Market on Friday. The Tencent-backed AI chipmaker had raised about 6.12bn yuan ($911m) in its initial public offering, Bloomberg reported. The stock opened at 410 yuan, against an IPO price of 142.18 yuan. It rose […]

JoyIn, a Chinese robotics startup, has accused OpenAI of copying its ideas and its website. Its chief executive, Guo Renjie, set out the claims in an open letter in Chinese on the company’s WeChat account, dated 10 September. On the same day, JoyIn announced Aether, a model for controlling humanoid robots. “People often say major […]