AI

October 2026

Meta's $825B commitment to AI infrastructure signals massive acceleration in data centre buildout

The social media giant has locked in nearly $825 billion in future leases and computing contracts, mostly for the artificial intelligence infrastructure underpinning its expansion strategy.

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Meta reports $825B in future lease and contract commitments

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Seaya raises €600M for new growth fund to back Europe's next global tech leaders

Startups

Seaya closes €600M growth fund to back Europe's scaling tech champions

The Madrid-based investor has launched Seaya Nova to deploy €20M–€50M cheques into Series B through D rounds, backed by the European Investment Fund and backed by a veteran growth investor joining from the continent's top fintech deals.

Indurex raises €7M to strengthen cybersecurity across critical infrastructure

Startups

Indurex secures €7M to expand industrial cybersecurity across Europe and Middle East

The Berlin-based startup's AI platform bridges the gap between engineering and security in critical infrastructure, attracting backing from Contrarian Ventures and other investors.

Studios

STEMpedia's PictoBlox now supports Arduino's latest boards and Alvik robot

A partnership between STEMpedia and Arduino brings visual block-based coding to the UNO R4 WiFi, UNO R4 Minima, and Alvik robot through PictoBlox 10.0, making hardware programming accessible to beginners and experienced makers alike.

Startups

Three French founders on scaling cancer biotech: from lab breakthroughs to patient care

A Women TechEU roundtable brings together founders tackling oncology through microalgae manufacturing, cell therapy and AI-driven chemistry, discussing the real obstacles to turning European research into scalable companies.

Startups

Mistral and Meta's Yann LeCun back Swiss robotics firm Enact in $30M pre-seed

Enact Intelligence, a Swiss robotics startup focused on tactile sensing for general-purpose robots, has raised $30 million in its pre-seed round with backing from Mistral AI's Arthur Mensch and Meta's former AI chief scientist Yann LeCun.

Boomi CEO Steve Lucas says AI now reviews half its accounts payable

AI

Boomi's Lucas: AI Will Create 10 Times More Work Before It Destroys Jobs

The integration platform's CEO tells Europa Now why the SaaS apocalypse narrative misses the mark, and why his company's approach to data and AI governance matters for European enterprises.

In Focus

POMA AI's Alexander Kihm on Why Document Context Matters More Than Model Size

The Berlin founder explains how preserving document structure and visual context during data ingestion—not upgrading to larger AI models—is the real bottleneck holding back enterprise AI retrieval.

22 October 2026 · AI

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A Chat With Alexander Kihm, Founder And CEO Of POMA AI

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