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ECOSYSTEMS
Dealroom CEO says Europe’s first trillion-dollar startup may already exist
Dealroom counts 56 European companies worth over $10bn and none worth $1tn. Its founder said putting 1% of pension money into venture capital would lift European tech scale-up funding by 50%.
ECOSYSTEMS
Dealroom CEO says Europe’s first trillion-dollar startup may already exist
Dealroom counts 56 European companies worth over $10bn and none worth $1tn. Its founder said putting 1% of pension money into venture capital would lift European tech scale-up funding by 50%.
ARTIFICIAL INTELLIGENCE
SAP’s Sean Kask: software firms must become AI companies or perish
Tables hold most of a company’s value, and language models cannot read them, Kask said of SAP’s €1bn-plus bet on Prior Labs. Europe should stay out of the race for bigger language models, he said.
AMAZON
Amazon builds 1,000th satellite, says space internet service is weeks away
The company has built its 1,000th Leo satellite at a Washington plant that took six months to produce its first 27 and now turns out 27 a week, while the number actually in orbit has not moved since July, a shortfall that already cost Amazon its spectrum priority and that the FCC will restore early if it can prove exactly what Badyal has just described
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