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A German data protection official has reported Chinese AI app DeepSeek to Apple and Google, saying the app transfers users’ information to China illegally. Meike Kamp, Berlin’s Commissioner for data protection and freedom of information, told the companies that DeepSeek did not provide “convincing evidence” that users’ data was protected as required by EU laws….
The conversational AI market has exploded since ChatGPT was released in November 2022 and is predicted to grow into a nearly $50 billion global industry by 2031, according to MarketsAndMarkets. Synthflow AI is just one of many companies building in this space that hopes to stand out from the pack because of its focus on…
While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot. Most interesting startup stories from the week Image…
Early-stage micromobility has shifted over the last few years. The cowboy antics of e-scooter companies causing chaos in a bid to scale has faded along with those fat venture checks that are now flowing to AI startups. Tighter capital combined with an existential need to create sustainable business models has produced a new crop of…
Bitget picks Georgia for its next step in Eastern Europe, attracted by clear regulations, tax benefits, and a growing crypto user base. Bitget has obtained regulatory approval in Georgia to operate as a digital asset exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ). This move expands Bitget’s licensing presence in Eastern Europe,…
According to the Telegram founder, France’s political leaders continue to make poor choices regarding censorship. Telegram founder Pavel Durov warned that France may experience a societal collapse if it continues down its current political trajectory of censorship and regulatory policies during an interview on Wednesday. “Emmanuel Macron isn’t making the right choices. I’m very disappointed….
The Blockchain Group has acquired another $20 million in Bitcoin, lifting its total holdings to 1,653 BTC and posting a 1,173% BTC yield in 2025. Paris-listed technology firm The Blockchain Group expanded its Bitcoin reserves with the purchase of 182 BTC for about $19.6 million, bringing its total holdings to 1,653 BTC. At current market…
Sam Altman and “his tech CEO friends” have a betting pool on the year we will see the first one-person billion-dollar company. The idea of a single person reaching a billion-dollar valuation for a startup would have been unthinkable without AI. But single-person, AI-first businesses have been sprouting all over the tech industry and Birk…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. You’d think WWDC would cause a lull in startup news. But not in June, when everyone is eager to announce their latest deals — or even to…