Tag #European Tech

theguardian.com
🌐 85% Global Worthiness
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Prosus Acquires Just Eat Takeaway.com for €4.1 Billion

Prosus, a South African investor, acquired Just Eat Takeaway.com for €4.1bn (£3.4bn) on [Date], two months after the company left the London Stock Exchange, marking a significant consolidation in the European food delivery market.

Progress

40% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
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France 2030: Budget Cuts and Open-Source AI Strategy

Bruno Bonnell, in charge of France's €54 billion "France 2030" innovation plan, faces budget cuts and criticism over its efficacy, while advocating for an open-source approach to AI to counter US and Chinese dominance; despite setbacks like the failed "Lucie" chatbot, he emphasizes the importance of...

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
corriere.it
🌐 85% Global Worthiness
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Italian Startup Challenges US AI Dominance with New Supercomputer

iGenius, an Italian AI startup, is building a supercomputer, Colosseum, powered by Nvidia engines and hosted by Leonardo, demonstrating a European challenge to US AI dominance.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
kathimerini.gr
🌐 85% Global Worthiness
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Greek Startups Thrive: Pandemic Spark Ignites 555 Million Euro Funding Surge

In 2024, over 90 Greek startups raised 555 million euros in funding, with 80% of that capital concentrated in 10 companies. 8 out of 10 of these companies were founded during or shortly before the COVID-19 pandemic, highlighting the pandemic's impact on entrepreneurial activity.

Progress

48% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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European Startups Urge Action to Counter US and Chinese AI Dominance

Facing competition from US and Chinese AI giants, French and German startups call for a strengthened European AI sector, proposing increased investment, regulatory alignment, and public sector adoption to secure technological sovereignty.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
faz.net
🌐 75% Global Worthiness
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SAP's Strategic Crossroads: Size, Bureaucracy, and the Search for Western Influence

SAP, Germany's most valuable company (€300 billion market cap), faces challenges due to its relatively small size compared to US tech giants, leading CEO Christian Klein to consider a more Western-oriented future for the company amid EU efforts to boost competitiveness.

Progress

56% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 75% Global Worthiness
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Atos Completes Restructuring, Reduces Debt by €2.1 Billion

French IT group Atos finalized its financial restructuring plan on December 19th, reducing debt by €2.1 billion through equity conversion and new financing, avoiding bankruptcy and paving the way for a strategic refocusing involving the potential sale of its "Advanced Computing" division to the Fren...

Progress

40% Bias Score

Decent Work and Economic Growth