Section

Future

Future on Europa Now: AI, climate tech and the long bets that will decide what Europe builds next.

Big Tech has now committed more than $3 trillion to the AI build-out

AI

Five Tech Giants Pledge Over $3 Trillion to AI Infrastructure Race

Alphabet, Meta, Microsoft, Amazon and Oracle have committed massive sums to data centres and equipment as competition for AI dominance intensifies. The spending spree has pushed even the most profitable companies into negative free cash flow.

Proton to re-interview staff on AI, with jobs at stake, 404 Media reports

AI

Proton Mail's AI Overhaul Puts Jobs on the Line as CEO Pushes Rapid Adoption

The Swiss privacy company will re-interview staff on their artificial intelligence practices, with employment decisions hanging in the balance. Internal messages reveal the chief executive dismissing security concerns and demanding faster AI-driven development.

South Korea fines Google and Apple $47.6m over app store payments

AI

South Korea hits Google and Apple with combined $47.6m fine over app store payment practices

Regulators penalize both tech giants for forcing developers onto proprietary payment systems and imposing excessive commissions on alternatives, marking the first enforcement action under a 2021 law.

Meta, TikTok and X reportedly lose UK court fight over Ofcom data demands

AI

UK Court Backs Ofcom in Data Demand Dispute With Meta, TikTok and X

Three major social media platforms have failed in their legal bid to block the UK's online safety regulator from collecting detailed information about how they manage harmful content.

Volkswagen loses €5.8bn in a quarter as Porsche, China and tariffs bite

Climate Tech

Volkswagen's €5.8bn quarterly loss signals deepening crisis across Europe's auto sector

The German carmaker posted its worst quarterly result since 2015, hammered by a massive Porsche write-down, collapsing Chinese demand and US tariff pressures. The finance chief warns there is no time to waste.

Greentech Alliance acquires Intermobility to tackle Europe's mobility coordination and funding gap

Climate Tech

Greentech Alliance absorbs Intermobility to bridge Europe's mobility funding and coordination divide

The acquisition unites a global network of over 5,000 members across 25+ countries, bringing together climate investors, transport operators, startups and policymakers to address Europe's lagging decarbonisation in the mobility sector.

Ex-Palantir founders raise $17M for Dream’s AI building design models

AI

Dream emerges from stealth with $17M to bring AI-powered design to European construction

The startup, founded by former Palantir engineers, has trained its AI models on 100 million square feet of real buildings and is already serving as architect of record on multiple projects.

Group14 Raises €150 Million and Plans Battery Material Plant in Spain

Climate Tech

Group14 secures €150M to build silicon battery plant in Spain

The US battery materials maker has closed a major funding extension and plans to establish manufacturing capacity in Sagunto as part of its European expansion strategy.