European startup founders and CEOs tell me the region needs to take a more “Europe-first” stance to help its tech ecosystem flourish after Donald Trump’s US election victory. My story from on the ground reporting at #WebSummit last week.
@ryan_browne_
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Europe Pushes Sovereign AI with Localized Infrastructure and Models
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There's a concept in Europe that's gaining a lot of traction: "Sovereign AI." Tech firms are increasingly localizing infrastructure for AI workloads in Europe. There's also a push for AI models that are more reflective of European language and culture.
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Danish AI Blueprint Aligns with EU AI Act Compliance
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Danish private and public sector organisations led by tech giant Netcompany released a white paper today on how to use AI in compliance with the EU's AI Act. The aim is to offer a blueprint for other EU member states and companies to follow and adopt.
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Ecosia and Qwant Partner to Build European Search Index
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Search engines Ecosia and Qwant have partnered to build a European search index, seeking to reduce dependence on Big Tech and bring Google some meaningful competition. I spoke with Ecosia's @Christian_KrolI and Qwant's @oabk6 about the news:
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LinkedIn Misuse: Unwanted Flirty Messages Creep Out Users
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LinkedIn users are getting creeped out by unsolicited, flirty DMs from randoms who seem to think it's a dating site… https://
cnb.cx/4hFGIvR What a story from @sawdahbhaimiya
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Astro Bot Achieves 1.5 Million Sales in 58 Days
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Astro Bot, which was released during the September quarter, sold 1.5 million units in its first 58 days, according to Sony.
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Wise shares surge on H1 earnings, analyst bullish
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Wise shares up a solid ~6% on the back of H1 earnings. Gautam Pillai, head of fintech research at Peel Hunt, says he's "bullish" on the stock at current levels.
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Apple Faces First-Ever EU Digital Markets Act Fine
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Apple is reportedly set to face the first-ever fine under the EU's landmark Digital Markets Act.
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Russia fines Google $20 decillion fine absurdity
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Prob my fav tech story of the year: Russia fined Google $20 *decillion*. "Google would therefore have to find more money than exists on Earth to pay Moscow – but on Tuesday fell a little short of that mark when it posted $88 billion quarterly revenue."
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UK Budget Creates Significant Challenges for SMBs
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From a broader UK biz POV, @SteveHare
, CEO of accounting software firm Sage, said the budget will mean “significant challenges for UK businesses, especially SMBs" due to higher NIC and minimum wage.