The European Union is investing €525 million to strengthen its chip design sector, where European firms earn under 1% of…
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Xiaomi targets Australia launch in 2028 with Sydney legal and finance hires
Xiaomi is hiring legal and finance staff in Sydney as preparation for selling right-hand-drive electric vehicles across Asia-Pacific starting in…
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Germany’s HLRS builds sovereign AI escape route from hyperscaler dependency
Germany’s High-Performance Computing Center Stuttgart offers a sovereign alternative for enterprise AI, reducing dependence on hyperscalers. Built with HPE Cray…
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Star Equity Pays Up to $2.5 Million to Absorb Cornerstone RPO
Star Equity Holdings will pay up to $2.5 million to acquire recruitment process outsourcing firm Cornerstone RPO through subsidiary Hudson…
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PETRONAS capital spending more than doubles to RM41.4bil despite profit uptick
PETRONAS posted a 15% revenue increase to RM152.4 billion for the first half of fiscal year 2026, with profit after…
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Europe Claims Less Than 1 Percent of Chip Design Revenue, Commits 525 Million
The European Commission announced a €525 million funding initiative to boost domestic semiconductor design, targeting startups and small businesses. Executive…
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Sánchez Proposes Ibero-American AI Alliance as EU-Mercosur Ties Deepen
Spain’s King Felipe VI and Prime Minister Pedro Sánchez concluded the Ibero-American Business Meeting in Madrid by urging stronger EU-Latin…
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Barcelona’s Titan OS Lands €40 Million to Challenge Roku and Google TV
Barcelona-based Titan OS has raised €40 million to expand its independent smart TV operating system, bringing total funding to €97…
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Texas Instruments Bets European Robotics and AI Partnerships Fuel Next Growth Phase
Texas Instruments shares rose Wednesday after the Dallas chipmaker highlighted expanding European partnerships before the electronica 2026 trade show in…
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$17M debut fund bets European AI startups no longer need Silicon Valley
Evertrue Capital, led by investor Yvonne Bajela, closed a $17 million debut fund targeting early-stage AI and fintech startups across…
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