Swedish AI startup Lovable says it has surpassed $100mn in annual recurring revenue (ARR) just eight months after launch. This makes it the fastest-ever software company to reach the milestone — eclipsing the historically rapid growth rates o
Swiss startup Jua has launched an AI-powered weather forecaster that it says beats leading models from tech giants — potentially making it the world’s most accurate weather forecasting system. Jua claims its model — dubbed EPT-2 — is f
Spotify has been hit with another AI controversy after publishing computer-generated songs under the names of dead musicians. An investigation by 404 Media found that Spotify is releasing AI-generated songs on the pages of deceased artists — without approval
Europe’s deep tech future hinges on evolving investment strategies. The reason for this is that traditional funding models cannot support the long-term financial commitments that innovation demands. There is a European paradox where, despite substantial scien
As we move into the second half of 2025, the global tech ecosystem is navigating a heady mix of unpredictability and promise. Funding into newer tech firms remains complex, with Startup Genome reporting that while the Beijing, Los Angeles and Tokyo startup landscapes a
The UK has just launched its most advanced supercomputer — the 11th most powerful in the world. Isambard-AI, hosted at the University of Bristol, officially went live this week. The machine was built by Hewlett-Packard Enterprises (HPE) using its Cray
Funding focus is a new series analysing cash flow into the European tech ecosystem. Last week, we looked at the largest investment rounds in fusion energy this year, and now we’re honing in on Europe’s booming defence tech arena. Europe’s d
A bankrupt company’s propulsion system for hypersonic planes is being revived by Invictus, a new European Space Agency (ESA)-backed project aiming to build and fly a hydrogen-powered spaceplane by 2031. The proposed engine for the plane is based
Norwegian industrial investment firm Aker has announced plans to build an AI “factory” in the Arctic. It’s the latest company heading to the far north to tap into abundant green energy and natural cooling for power-hungry data centres. The facility will be
Denmark is aiming to stake a bold claim in the global quantum race with plans to build the world’s most powerful quantum computer. Backed by €80mn from EIFO (Denmark’s export and investment fund) and the Novo Nordisk Foundation, the new initiative — dubbed