#europe

Also in today’s newsletter: a new company seeks to tackle the power constraints on European data centre growth

Partnership between top startup DeepL and Amazon comes amid concern about Silicon Valley’s monopoly over digital infrastructure AI companies in Europe risk losing their world-leading status in the field of machine translation, industry figures have said, after the decision by one of the continent’s leading startups to partner with Amazon’s cloud computing division provoked alarm. While businesses in the EU have generally lagged behind the US and China in AI adoption, a small group of European companies have cornered the global market for high-quality machine translations for professional use. Continue reading...

QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It's a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.

WALLDORF, Germany and FREIBURG, Germany, May 4, 2026 — SAP SE and Prior Labs, the pioneer of Tabular Foundation Models (TFMs), announced that they have entered into a definitive agreement […] The post SAP to Acquire Prior Labs to Establish a Globally Leading Frontier AI Lab in Europe appeared first on AIwire.

Wow, what another incredible week for legal AI. But, first up, how to get your free ticket to attend the Legal Innovators conferences in Europe, ...