Good news from around Europe
SoftBank to invest $500M in robotics startup SkildAI SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a
Italy sends first data watchdog request to DeepSeek: ‘The data of millions of Italians is at risk’ The jury is still out on whether the Chinese AI upstart DeepSeek is a game changer or possibly part of an elaborate plan by its hedge fund parent company to short Nvidia and
DeepSeek: Everything you need to know about the AI chatbot app DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts. DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall
David Sacks claims there’s ‘substantial evidence’ that DeepSeek used OpenAI’s models to train its own David Sacks, Trump’s AI and crypto “czar,” said in an interview on Fox on Tuesday that there’s “substantial evidence” that Chinese AI company DeepSeek “distilled” knowledge from OpenAI’s AI models, a process that Sacks compared
DeepSeek triggered a wild, baseless rally for some Chinese stocks Hype around DeepSeek sent the stock price of several Chinese companies soaring, but proof of their ties to DeepSeek is non-existent. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/01/28/deepseek-triggered-a-wild-baseless-rally-for-some-chinese-stocks/
British fintech iplicit secures £25M for cloud accounting platform iplicit, a UK-based cloud accounting software platform, has raised £25M from One Peak. iplicit is a cloud-based accounting software that helps businesses manage their finances. It can help with tasks like tracking inventory, generating reports, and managing accounts payable and receivable. This
Latvia wants to become the European hub for hydrogen innovation, and is already halfway there [Sponsored] Latvia is making bold strides toward becoming Europe’s leading hub for hydrogen innovation, with significant progress already achieved through a combination of strategic planning and a thriving ecosystem of innovative companies. As the European
Mobility Mojo raises €4.25M for accessibility analysis platform Gresham House Ventures has committed a €4.25M investment in Irish startup Mobility Mojo. It was the sole investor in this round. The investment will support Mobility Mojo to expand its marketing and sales teams, enhance its SaaS platform with AI features, and
Sightline secures $5.5M for climate tech analysis platform Sightline, a market intelligence platform powering the transition economy, has raised $5.5M in a round co-led by Molten Ventures. Sightline’s AI-powered platform analyses data to provide intelligence to clients including major corporates, financial institutions, and governments. It is a market intelligence platform
Meet Codecrafters: the upskilling platform trusted by devs from Google, GitHub, and Microsoft We’ve heard the term, “Build it, and they will come”, yet it’s hard to achieve this. But Codecrafters, a programming up-skilling platform, has done just this and is used by tech giants from GitHub, Stripe, Microsoft, Apple,