Intel and Germany reach agreement on billion-dollar subsidy
Intel will receive 10 billion euros in subsidies to build a chip factory in Magdeburg, Germany. The American chip producer seems to have no more excuses to delay construction.
On Monday afternoon, Germany and Intel officially agreed on additional subsidies for constructing a chip factory. A tota... Read more
Is Europe killing itself financially with the AI Act?
Europe is tinkering with legislation to regulate artificial intelligence. European regulators are delighted with this, but what does the world say about the AI Act?
Now the outlines for the AI Act are known, a debate is beginning to erupt around its possible implications. One camp believes regul... Read more
EU votes on AI Act draft: should ChatGPT change?
The European Parliament voted at noon on the Artificial Intelligence Act. Where does Europe stand on regulating artificial intelligence?
The EU is pushing further the Artificial Intelligence Act today. To this end, a vote on the AI Act draft was scheduled in the European Parliament this afterno... Read more
OpenInfra Foundation opens European hub in Belgium
The Open Infrastructure Foundation is opening a regional hub in Europe. This will be located in Belgium.
The Open Infrastructure Foundation is on a mission to promote open source worldwide. It wants to achieve that goal by opening a central hub in Europe and Asia. The organization chooses to ma... Read more
Dutch tech startups are losing out to foreign startups
Dutch startups are increasingly losing out financially to foreign competitors. This is one of the conclusions of Techleap's recent annual survey. A concrete approach for the Dutch tech startup industry is needed, according to the researchers.
The number of investments in Dutch tech startups has ... Read more
‘TSMC considers Germany for its first European chip plant’
TSMC is considering the construction of its first European chip manufacturing factory, which bodes well for the prospective host country, Germany.
TSMC CEO Wei stated that the business is engaging with European customers and partners to examine the prospect of developing a fabrication site durin... Read more
EU presents final text of NIS2 directive
The European Union recently published the final text of the updated Network and Information Security (NIS2) Directive. The directive, which will enter into force in three weeks, requires companies belonging to critical infrastructure to implement certain security measures.
The improved NIS direc... Read more
Europe needs ‘unwavering unity’ against China and US in space
French Economy minister Bruno Le Maire stated that Europe must stand together to compete with China and the US in space.
According to Le Maire, Europe has to increase its strategic autonomy in order to challenge countries like the United States and China.
The minister said that governments ne... Read more
Amazon escapes €1.1 billion fine
Amazon escaped a €1.1 billion fine for abuse of power in Italy.
The fine was imposed in December 2021, but Amazon appealed. After months of proceedings, the judges reached a new conclusion. Judicial institution TAR del Lazio recently announced that the penalty is off the table, allowing Amazo... Read more
Europe’s 5G rollout is trailing South Korea, Japan, and the US
According to an industry report, Europe is lagging behind global leaders in 5G adoption due to growing costs and the conflict in Ukraine.
As presented by a survey conducted by the GSMA, a mobile industry lobbying group, 5G network coverage in Europe is expected to reach 70% by 2025, up from 47% ... Read more