Good news from around Europe
Startup of the Day: UP Catalyst, an Estonian cleantech company producing graphite from captured CO₂ emissions Recently, the company has secured an €18 million loan financing from the European Investment Bank (EIB). Powered by WPeMatico https://en.ain.ua/2025/04/17/startup-of-the-day-up-catalyst/
Perplexity reaches agreements with Samsung and Motorola to integrate its AI assistant into smartphones Negotiations with Samsung are at an early stage, while agreements have already been reached with Motorola. Powered by WPeMatico https://en.ain.ua/2025/04/17/perplexity-to-integrate-in-samsung-and-motorola/
xAI implements memory feature in Grok AI chatbot Elon Musk’s company is trying to keep up with competitors like ChatGPT and Google Gemini. Powered by WPeMatico https://en.ain.ua/2025/04/17/grok-memory-feature/
OpenAI introduces new AI models – o3 and o4-mini. They are capable of “thinking” with images The company claims the models are the most powerful logical reasoning tools to date. Powered by WPeMatico https://en.ain.ua/2025/04/17/openai-introduces-new-ai-models-o3-and-o4-mini/
European techs most influential lobbyists Powered by WPeMatico https://sifted.eu/articles/european-tech-startups-lobbyists/
Strava acquires rival fitness app Runna: ‘This isn’t an efficiency play’ Powered by WPeMatico https://sifted.eu/articles/strava-buys-runna-deal-fitness-app/
OpenAI and SoftBank mull UK investment for Trumps Stargate AI project, reports say Powered by WPeMatico https://sifted.eu/articles/openai-softbank-uk-investment-stargate/
Bill Gatess policy team leaves Europe: what does it mean for climate tech? Powered by WPeMatico https://sifted.eu/articles/bill-gates-breakthrough-energy-leaves-europe/
Revolut dragged into Ripplings legal battle with Deel Powered by WPeMatico https://sifted.eu/articles/revolut-dragged-into-ripplings-legal-battle-with-deel/
OpenAI launches Flex processing for cheaper, slower AI tasks In a bid to more aggressively compete with rival AI companies like Google, OpenAI is launching Flex processing, an API option that provides lower AI model usage prices in exchange for slower response times and “occasional resource unavailability.” Flex processing, which