Good news from around Europe
Nvidia has another record quarter amid record capex spends “The demand for tokens in the world has gone completely exponential,” Nvidia CEO Jensen Huang said about the company’s earnings. Powered by WPeMatico https://techcrunch.com/2026/02/25/nvidia-earnings-record-capex-spend-ai/
Anthropic acquires computer-use AI startup Vercept after Meta poached one of its founders Seattle-based Vercept developed complex agentic tools, including a computer-use agent that could complete tasks inside applications like a person with a laptop would. Powered by WPeMatico https://techcrunch.com/2026/02/25/anthropic-acquires-vercept-ai-startup-agents-computer-use-founders-investors/
Gushwork bets on AI search for customer leads — and early results are emerging Gushwork has raised $9 million in a seed round led by SIG and Lightspeed. The startup has seen early customer traction from AI search tools like ChatGPT. Powered by WPeMatico https://techcrunch.com/2026/02/25/gushwork-bets-on-ai-search-for-customer-leads-and-early-results-are-emerging/
The White House wants AI companies to cover rate hikes. Most have already said they would. Many hyperscalers have already made public commitments to cover electricity cost increases. Powered by WPeMatico https://techcrunch.com/2026/02/25/the-white-house-wants-ai-companies-to-cover-rate-hikes-most-have-already-said-they-would/
Radiant and Ori merge to deliver sovereign AI cloud at utility scale UK scaleup Radiant today announced its merger with Ori Industries, combining Ori’s distributed AI infrastructure platform with Radiant’s global infrastructure capabilities and marking the company’s transition into full operations. Radiant is a vertically integrated AI infrastructure company combining
Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report UK challenger business bank Allica Bank is to become the latest UK fintech unicorn, following a $155m (£111m) Series D funding round, according to a report. Allica is expected to announce tomorrow that its new
Dutch AI inference chipmaker Axelera AI raises $250M A Dutch chipmaker which designs and manufactures chips for AI inference use has raised more than $250m, with backing from new investor BlackRock. Innovation Industries, the European VC fund, is the lead investor in the round in Axelera AI. The round also features
Verley closes €32M Series A to advance next-generation functional whey ingredients French foodtech startup Verley has raised €32 million in a Series A financing round, only four years after its inception. Verley develops functional whey protein ingredients, more precisely beta-lactoglobulin (BLG), designed to deliver the nutritional and functional performance expected
Quantcore raises £2.5M to build UK’s sovereign manufacturing capability Glasgow-based Quantcore has secured £2.5 million in seed funding to develop a sovereign supply chain for quantum hardware, as the UK seeks to strengthen domestic capacity in technologies linked to national security and economic competitiveness. The round was co-led by PXN
With high-protein nutrition now mainstream, Lyon’s Verley raises €32 million to expand production Verley, a French nutrition-focused ingredient company developing high-performance whey proteins through precision fermentation, has secured an oversubscribed €32 million Series A financing round – four years after its inception. The round was led by Alven, with participation