“I can tell you Europe is absolutely committed to tackling climate change ... Calviño stressed the continent’s role in addressing risks generated by AI. She said, “I think it will be key when we're talking about these technologies that have such ...

Experts say that China’s AI development shows that regulation does not have to be a barrier for innovation. View on euronews

But the rise of DeepSeek suggests European leading firms like France's Mistral, Germany's Aleph Alpha and many other, smaller ventures could also gain ground in the AI race — perhaps even on the cheap. “This shows that the race for AI is far from being over,” European Commission spokesperson Thomas Regnier told reporters on Tuesday in Brussels.

In August last year, investment bank Morgan Stanley released an investor note highlighting that even though the chaos around prominent AI firms had somewhat subsided, an AI rumbling in Europe was

French AI startup Mistral unveils a breakthrough 24B parameter language model that matches the performance of models three times its size, challenging tech giants with faster speeds and lower computing costs while targeting enterprise deployments.

Italy wanted to know what personal data is collected, from which sources, for what purposes. Read more at straitstimes.com.

The French watchdog is one of the most active in Europe and has fined Google and Meta Platforms. Read more at straitstimes.com.

One of the main problems of the EU AI Act is its risk-based approach to AI regulation. Under the Act, AI systems are classified by their risk level, and high-risk systems will be subject to the most strict requirements. This classification system is problematic for several reasons:

While the EU is implementing sweeping rules to ensure user safety and accountability, U.S. President Donald Trump is rolling back protections and giving more influence to the tech industry.

Europe had multiple AI startups that could plausibly compete with OpenAI and Google. Now it has Mistral.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan.

UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe.

“AI-driven solutions are scalable, and we’re building them with a global audience in mind,” Arvind Parthiban, co-founder and CEO of SuperOps, told CRN. “As we expand, we’ll continue to innovate, ensuring our products meet the needs of each market.”