Good news from around Europe
SpaceX raised $40B of debt financing to purchase chips for AI SpaceX raised $40 billion of debt financing to purchase graphics processing units (GPUs) needed for artificial intelligence. This was reported by the company’s CEO Ilon Mask. The new equipment is expected to arrive in the first half of 2027.
Revolut’s UK lending push is a ‘watershed’ moment. Can it take on the big banks? Powered by WPeMatico https://sifted.eu/articles/revolut-lending-personal-watershed-challenge-banks/
EQT Ventures and QuantumLight back wealthtech platform Nevis in $70m raise Powered by WPeMatico https://sifted.eu/articles/revolut-alumni-nevis-wealth-tech-management-funding-round/
Revolut CEO slams ‘dangerous’ VCs, says he removed them from board Powered by WPeMatico https://sifted.eu/articles/revolut-ceo-slams-dangerous-vcs/
Evertrace acquires Veck to strengthen early founder detection Powered by WPeMatico https://sifted.eu/articles/evertrace-acquires-veck-brnd/
AI takes the easy decisions; leaders must get comfortable with the hard ones Powered by WPeMatico https://sifted.eu/articles/ai-takes-the-easy-decisions-leaders-brnd/
How OpenAI turned its coding tools into dots, an always-on personal assistant Alexander Embiricos, the OpenAI executive responsible for dots, never wants to have a meeting with someone else’s AI agent. Powered by WPeMatico https://techcrunch.com/2026/10/26/how-openai-turned-its-coding-tools-into-dots-an-always-on-personal-assistant/
Cohere says Alibaba’s Qwen model tried to send a file to Beijing An AI model said it wouldn’t use any tools, then tried to send something to a server in Beijing anyway, and while researchers say it’s probably a training quirk and not espionage, the whole thing has people asking
Databricks co-founder shares his secrets for winning big enterprise customers Turns out selling to big companies isn’t about having the shiniest tech: It’s about hitching a ride on a giant’s sales team. Powered by WPeMatico https://techcrunch.com/2026/10/26/databricks-co-founder-shares-his-secrets-for-winning-big-enterprises-customers/
Watch out, YouTube — Instagram goes from short-form to 90-minute videos After years in which every social platform (even LinkedIn!) aggressively pursued short-form video, this is a notable shift in strategy for Instagram. Powered by WPeMatico https://techcrunch.com/2026/10/26/watch-out-youtube-instagram-goes-from-short-form-to-90-minute-videos/