European startups

European startups

OpenAI is acquiring Tomoro, the Edinburgh-based AI consulting firm it was born alongside, as the founding acquisition of its $14 billion Deployment Company - copying Palantir's forward-deployed engineer model to close the gap between AI capability and enterprise adoption.

The Red Sea cuts spurred companies and governments to look for alternate routes, and the Strait of Hormuz seemed promising. Then the US and Israel attacked Iran, cable projects were halted, and now the world is looking elsewhere once again.

Space42 has selected Skylo to enable standards-based D2D connectivity over its Thuraya-4 geostationary satellite. The artificial intelligence (AI)-powered SpaceTech company regards its deal with the UAE-based non-terrestrial network (NTN) service provider as "significant" because it adds yet another major satellite network into its ecosystem, alongside Viasat, Inmarsat and Echostar.

OpenAI is launching the OpenAI Deployment Company, a new entity designed to help organizations systematically implement AI. The company is starting with more than $4 billion in capital. As part of the launch, OpenAI is also acquiring Tomoro, an applied AI consulting firm with experience in mission-critical implementations. Tomoro brings approximately 150 engineers who are immediately deployable within the Deployment Company.

Eon has agreed to buy the retail arm of Ovo Energy in a transaction that will create Britain's largest household energy supplier and end the 17-year run of one of the country's best-known challenger brands as an independent operator.

For much of its history since its discovery by the Portuguese in the mid-15th century, the Cape Verde archipelago off the coast of west Africa served as a hub of the international slave trade, with Africans forcibly transported to marketplaces before being distributed across the Americas and Europe. Now, almost 150 years since slavery was abolished in Cape Verde, and just over 50 years since independence from Portugal, Pedro Fernandes Lopes wants the country to become a beacon for the free movement of human and financial capital across the African diaspora.

We are not waiting until the shift is fully obvious to everyone in the market - the right time to make a move like this is before you have to.

Taiwan and South Korea sit at the center of the global chip supply chain, and three exchange-traded funds offer the most direct way to hold that exposure: the iShares MSCI Taiwan ETF ( NYSEARCA:EWT | EWT Price Prediction), the iShares MSCI South Korea ETF ( NYSEARCA:EWY), and the iShares Semiconductor ETF ( NASDAQ:SOXX). Taiwan Semiconductor Manufacturing sits at the center of the AI hardware boom, building the leading‑edge logic chips that drive modern accelerators. South Korea anchors the memory side of the stack, with Samsung Electronics and SK Hynix dominating the high‑bandwidth modules that sit right next to those processors.

G2A frames the move as the next step in scaling an organisation that, by its own account, has reached institutional scale without ever raising outside capital. The numbers behind the announcement According to G2A, the marketplace now turns over an annual gross merchandise value of nearly $400m, with EBITDA above $20m and stable double-digit year-on-year growth. It serves more than 35 million users across 180 countries and recorded more than 200 million visits in 2025.

Amazon entered the grocery space in 2017 through Prime Now, before rebranding the service as Amazon Fresh and tying it to local partnerships, including a deal with AS Watson's Cold Storage and a tie-up with Little Farms for organic and specialty produce. The competitive arithmetic never quite worked.

Foodservice brands are operating in a fast-moving global market where speed, flexibility and sustainability all matter. With Go-Pak International, we're enabling customers to source packaging more efficiently by consolidating products from across our own network, SCGP and trusted third-party suppliers.

Snap Inc. stated that its revenue for the current quarter is projected to be between $1.52 billion and $1.55 billion, which aligns with Wall Street estimates.

QuantWare has closed a Series B round of €152m ($178m), the largest ever raised by a Dutch deeptech company and the largest private round any dedicated quantum-processor company has closed worldwide.

"Maven met its moment across real world events in Q1 ... When the stakes are highest, when failure is measured in lives and readiness. This is where we are uniquely positioned."

BioNTech is closing production centers in Idar-Oberstein, Marburg, Singapore, and Tubingen, with plans to complete closures by the end of 2027.

Nissan is preparing to slash thousands of jobs across Europe under sweeping restructuring plans, in a fresh blow to the struggling Japanese carmaker as it battles weakening demand and the costly shift to electric vehicles.

Ineos has acquired a 21 percent stake in a portfolio of US offshore assets owned by a Shell subsidiary, with the two companies agreeing to jointly pursue new exploration and production opportunities in the Gulf of Mexico.