The Business & Technology Network
Helping Business Interpret and Use Technology
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Paris-based fintech Pennylane has just pulled off one of Europe’s most noteworthy funding rounds of the year, announcing €175 million in new capital to accelerate its push into artificial intelligence and expand its footprint across the continent. The round was led by growth investor TCV, with participation from Blackstone Growth and a group of existing backers that includes Sequoia Capital, DST...
In October 2021, the Beethoven Orchestra Bonn interpreted the first movement of Beethoven’s 10th unfinished symphony, which was completed with the use of artificial intelligence. A team of computer scientists, music historians, musicologists, and composers developed the ‘Beethoven AI’ to analyze Beethoven’s music style and life, using the sketches he left behind of the 10th symphony, plus works...
As Europe races into the AI era, its policymakers are laying new pipes for the continent’s digital future. The European Commission’s proposed Digital Networks Act (DNA) promises to rewire the EU’s telecom landscape, with big implications for artificial intelligence infrastructure, connectivity equity, and the startup ecosystem.  Exposed as part of a broader push to make Europe “fit for the...
Berlin’s energy transition sector got a defining boost today as Cloover, a climate fintech based in Berlin, announced it has secured more than $1.2 billion in total capital commitments, combining Series A equity and a substantial debt facility to accelerate the rollout of its software and financing platform across Europe. The financing package includes €18.8 million (approximately $22 million) in...
To many readers, this may sound like a paradox: how can knowledge ever become invaluable? In this article, I want to explore how corporate knowledge, when poorly structured and rigidly transferred, can slowly transform from an asset into a disadvantage. Not only for companies, but especially for employees. And over time, that disadvantage compounds. The journey usually looks familiar. You apply...
In a Davos dominated by talk of tariffs, subsidies, and geopolitical risk, Europe used the stage to question its own economic limits. At the World Economic Forum, Ursula von der Leyen put forward one of the clearest signals yet that the European Union is preparing a structural shift in how it treats business, competitiveness, and economic power.  The phrase that stuck, “Europe Inc”, is not the...
Belgian business software company Odoo, also a unicorn, has reached a fresh milestone. Growth investor General Atlantic has increased its stake in the firm, buying additional shares from regional backer Wallonie Entreprendre and pushing Odoo’s valuation to roughly €7 billion.  This move isn’t a typical funding round where a company raises new capital. Instead, it’s a secondary transaction:...
For a long time, tech events were built around scale. The bigger the crowd, the stronger the perception of success. Attendance numbers became a proxy for impact, and festivals grew year after year because that was what the industry expected. That model no longer fits how tech leaders work today. Over the past years, I have spent time in conversations with founders, executives, and operators who...
Venture capital powerhouse Sequoia Capital is preparing to invest in Anthropic, the AI startup best known for its Claude family of large language models, in one of the largest private funding rounds in tech this year. The deal is being led by Singapore’s GIC and U.S. investor Coatue, each contributing roughly $1.5 billion, as part of a planned raise of $25 billion or more at a staggering $350...