Good news from around Europe
“Huge wave coming over financial services industry,” says boss of “Europe’s first AI-native bank” German fintech Solaris recently announced plans to become “Europe’s first AI-native bank”, undertaking a “strategic repositioning” following a troubled few years. Solaris, valued as a unicorn at around $1.6bn in 2021, was once a star performer in Berlin’s
OQC, JPMorgan Chase and AMD launch Quantum-AI data centre to explore real-world fintech applications OQC, JPMorgan Chase, and AMD today announced a research collaboration leveraging a new, dedicated Quantum-AI Data Centre built by OQC in London. JPMorganChase researchers will test near-term quantum and hybrid quantum-classical computing applications via a
GR3N raises €15.5M Series B to scale PET chemical recycling GR3N, the Swiss cleantech company advancing the recycling of PET and polyester plastics and fibres, has closed a €15.5 million Series B funding round. The round was led by 360 Capital, with participation from new investor VP Textile. Growth Capital
$4 billion to develop cloud AI services. Pinterest struck a deal with Amazon Web Services Pinterest has signed a $4 billion deal with Amazon Web Services. The contract covers cloud services through 2031. This was reported by Reuters. Following the news, Pinterest shares rose by almost 6%, while Amazon shares
The US House of Representatives approved a bill to support Ukraine and sanctions against Russia The US House of Representatives adopted the Ukraine Support Act — a comprehensive bipartisan bill aimed at supporting Ukraine. This was announced by Ukraine’s ambassador to the US, Olha Stefanishyna. The document covers security, sanctions,
The European investors set to win big from Anthropic’s $1tn+ IPO Powered by WPeMatico https://sifted.eu/articles/european-investors-win-anthropic-ipo
A ‘996’ week would be a quiet one for this spacetech founder Powered by WPeMatico https://sifted.eu/articles/pave-space-996-interview
Top 10 investors behind the Sifted Consumer 100 ranking Powered by WPeMatico https://sifted.eu/articles/top-10-investors-behind-the-sifted-consumer-100-ranking
39 European startups Balderton admires outside its portfolio Powered by WPeMatico https://sifted.eu/articles/38-european-startups-balderton-admires-outside-its-portfolio
Reid Hoffman is leaving Microsoft’s board to go ‘founder mode’ with startup Manus After a very profitable decade on Microsoft’s board, Reid Hoffman is stepping down to focus on his AI drug discovery startup Manus. Powered by WPeMatico https://techcrunch.com/2026/06/05/reid-hoffman-is-leaving-microsofts-board-to-go-founder-mode-with-startup-manus/