Good news from around Europe
AWS will be a $1T business, Jassy says. But first, it will spend big. Amazon wants to be the king of AI cloud computing and become the first $1 trillion revenue business. But to do that it will have to continue on its capex spending spree, its CEO said Thursday.
Binance pauses withdrawals as hackers suspected of stealing billions in crypto Some estimates say hackers stole billions in crypto from Binance, the world’s largest cryptocurrency exchange, during a cyberattack on Thursday. Powered by WPeMatico https://techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/
Elon Musk is ‘truly a genius,’ says Vladimir Putin Putin said that he and Musk are in “close contact” about Rassvet, Russia’s Starlink-like satellite connectivity project. Powered by WPeMatico https://techcrunch.com/2026/10/29/elon-musk-is-truly-a-genius-says-vladimir-putin/
Meet Aurora, our new IVY reporter! Interreg Volunteer Youth is an initiative from the European Commission that started in 2017. It gives young people aged between 18 and 30 years old the opportunity to be a volunteer within the organizations that make European cooperation possible. The Interreg Euro-MED Programme supports
Proxima Fusion signs two Japanese partnerships to strengthen Germany’s fusion supply chain German fusion power company Proxima Fusion has signed Memoranda of Understanding (MoUs) with Japanese companies Fujikura and Kyoto Fusioneering to develop critical technologies and industrial supply chains needed for commercial fusion power. The agreements, signed in Tokyo during
“Founders’ Relief” among string of measures introduced in Budget to encourage founders The UK chancellor today unveiled a raft of measures to encourage entrepreneurs to build in Britain, including a “Founders’ Relief” for entrepreneurs, measures to encourage female founders, as well as making postive noises about encouraging more pension fund
From private equity to precision strikes: How Lithuania’s PDKinematics is rethinking drone warfare Following Russia’s full-scale invasion of Ukraine, former private equity fund manager Rapolas Markevičius decided to put his experience to work in a very different industry: defence technology. Today, he leads Lithuanian startup PDKINEMATICS, which develops precision-guidance systems
European energy coalition calls for €1B natural hydrogen exploration programme A coalition of more than 30 European energy organisations, including investment firms World Fund, Wind Capital, and Natural Hydrogen Ventures, has published an open letter to European Commission President Ursula von der Leyen, urging the EU to support natural hydrogen
Magic Vision lands €600K for AI-powered monitoring solution Silver Eye Italian deeptech startup Magic Vision has raised €600,000 in funding to support the development and commercialisation of its AI-powered monitoring technology for older people and vulnerable individuals. Investors include SixS, the Italian company behind Gecos, a management software platform for
German startups are betting big on Japan. Should the rest of Europe follow? German startups are increasingly looking towards Japan as a destination for international expansion, industrial partnerships and technological cooperation. From DefenceTech and nuclear fusion to quantum computing and space infrastructure, recent developments suggest that Tokyo is becoming an