Tags: Europe

France Leads in Generative AI Funding Race in Europe

France Leads in Generative AI Funding Race in Europe

France is leading in the generative AI funding race in Europe, according to a new report. France is leading in the generative AI funding race in Europe, according to a new report by venture capital firm Accel and analysts at Dealroom.


BYD's EV Sales in Europe Outperforms China Profits Even With New Tariffs

BYD continues to earn higher profits on its models in the EU than China despite the 17.4% tariffs on Chinese EV imports.

G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia

The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.

Meta Wants to Use European Data for AI Training—Will Privacy Complaints Hinder it?

Meta said it wants to use European data for AI training while facing privacy concerns from European countries. Can it be allowed to do so?


Latest News

FRANCE-ECONOMY-INDUSTRY-AVIATION-AIRBUS
Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production. A photo shows the Airbus logo during the Airbus annual press conference in Blagnac, southwestern France on February 16, 2023.
FRANCE-SWEDEN-INTERNET-TECHNOLOGY
Spotify has increased all of its premium subscription in France by 1.2% in response to the French government’s levy on music streaming platforms.
US, Europe Move Closer to Vaccinating Poultry and Dairy Workers Against Bird Flu
The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.
French Finance Minister, Other G7 Finance Chiefs Warn of Oversaturation of Chinese Goods in Global Market
French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could pose a threat to the global market.
Tesla Offers Unofficial Discounts to European Leasing Companies Amid Price Cut Fallout
Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service.
CHINA-POLITICS-TWO SESSIONS
Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their presence in China.
Slovak Media Fears Government Crackdown After PM Assassination Attempt
Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
Some Motorola, Lenovo Phones Now Banned in Germany — Here’s Why
A German district court recently ordered Lenovo to remove all of its Lenovo and Motorola devices from the German market after it favored InterDigital, the patent holder of its WWAN modules.
Norway’s Oil Explorer Undergoes Final Checks Before Sailing to Barents Sea Oil Field
The Norwegian oil production tanker Johan Castberg is undergoing final checks before she sets sail for a Barents Sea oil field of the same name by Q4 2024.
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