Good news from around Europe
Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation The startup is only a year old but it has already generated a massive amount of hype (and money) while also spurring privacy concerns. Powered by WPeMatico https://techcrunch.com/2026/08/26/viral-ai-startup-instinct-has-raised-350-million-at-a-2-5-billion-valuation/
Amazon just tripled its order of Nvidia chips over ‘surging demand’ Amazon is adding another 2 million Nvidia GPU chips to its data centers over the next two years. But this extended partnerships stretches beyond buying more chips. Powered by WPeMatico https://techcrunch.com/2026/08/26/amazon-just-tripled-its-order-of-nvidia-chips-over-surging-demand/
Meta’s $18B child-safety deal hinges on age-verification tech that doesn’t work well The historic settlement reignites ongoing concern around how age-verification technology puts privacy at risk. Powered by WPeMatico https://techcrunch.com/2026/08/26/metas-18b-child-safety-deal-hinges-on-age-verification-tech-that-doesnt-work-well/
Anthropic continues compute-gobbling streak in $45B deal with Nscale The new deal with the infrastructure provider is the latest example of Anthropic’s white-hot compute-gobbling streak. Powered by WPeMatico https://techcrunch.com/2026/08/26/anthropic-continues-compute-gobbling-streak-in-45-billion-deal-with-nscale/
Google’s Gemini has a branding problem, and so does the rest of AI Consumer AI apps need to stop making users learn their product architecture. Powered by WPeMatico https://techcrunch.com/2026/08/26/googles-gemini-has-a-branding-problem-and-so-does-the-rest-of-ai/
How intelligent technology could redefine recreational boating as MIRAVA moves towards production [Sponsored] Following three years of product development and refinement, MIRAVA has raised $5M in angel funding to support further product development, small-batch production and customer deliveries as it moves towards its European market introduction. The company plans to
Stability AI raises $76M, with Warner and Sony investing Stability AI, the London-founded AI startup behind the Stable Diffusion AI model, which has switched its focus from the UK to the US, has raised a $76m funding round, with investment from three music company giants, it said today. The Series B round
Inside Startup Due Dil: the AI tool turning hours of VC diligence into 10 minutes Vlad Tislenko, a partner at venture capital firm SMRK VC, today announced the launch of Startup Due Dil, a web application that automates the collection, verification, and structuring of information during startup due diligence. SMRK
Ploughshare’s TAG Alliance grows to 19 members as defence spin-outs accelerate Ploughshare’s Technology and Growth (TAG) Alliance is gaining momentum less than a year after being announced, with at least three new defence technology spin-outs expected by the end of the year and three major organisations joining its growing membership. Ploughshare
Itoflow lands $2.5M to scale investment research and portfolio management AI investment platform Itoflow has raised $2.5 million in pre-seed funding to develop its technology to help professional investment teams automate and scale research and portfolio management. The round was led by Balderton Capital, with participation from angel investors including