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The race to produce more chips is on, and Europe is in. ASML, the Dutch company that has a near-monopoly on manufacturing the machines used for chipmaking, may soon no longer be an isolated success story. Like its U.S. counterpart, the European Chips Act aims to foster the semiconductor industry — in part thanks to…
Meta and Snap rolled out new smart glasses last month, the latest sign that the industry is racing to put a camera and an AI assistant onto users’ faces. As the fast-growing market heats up, upstarts like Even Realities are muscling in on the giants. Even Realities, a three-year-old Shenzhen-headquartered startup, has raised $150 million…
One of Berlin’s rising-star, early stage startups, Peec AI, just crossed $10 million in annualized revenue, according to internal dashboard data seen and verified by TechCrunch. Peec AI raised its $21 million Series A six months ago. While CEO Marius Meiners wouldn’t disclose its valuation to me at that time (only revealing that it was…
Canadian AI startup Cohere is taking over Germany-based Aleph Alpha with support from Schwarz Group (parent company of grocery chain Lidl). With the blessing of their governments, the companies intend to offer a sovereign alternative to enterprises in an AI landscape dominated by American players. As companies that develop large language models, Aleph Alpha and…
German design embodies a philosophy of durability, efficiency, and understated elegance. From cars to kitchen appliances, these qualities reflect a carefully refined approach that has developed over centuries, prioritizing function and thoughtful craftsmanship over mere decoration. At its core, this design ethos values simplicity, removing unnecessary elements to reveal a product’s true character. Applied to…
Anthropic and OpenAI may be rivals, but their presidents Daniela Amodei and Gregory Brockman have one thing in common: they are both Stripe alumni. With former employees who went on to create dozens of startups, the fintech company has become one of the most prolific “founder factories” — and the money is following. The latest…
HBO Max staked its claim on a big chunk of Europe on Tuesday, launching in both Germany and Italy, two of Europe’s biggest territories, as well as handful of smaller countries, including Austria, Switzerland, Greece, Israel, Luxembourg and Liechtenstein. Ahead of the rollout, HBO signed multiyear carriage deals with Amazon’s Prime Video deal that will…
How to explain the enduring appeal of Stromberg? The German mockumentary sitcom, inspired by The Office, has outlived both the original BBC series and the Steve Carell-led U.S. spin-off, and remains a cultural force in Germany. This weekend, a new Stromberg feature hits German theaters, marking the return of Christoph Maria Herbst as Bernd Stromberg,…
With consumers increasingly asking questions of ChatGPT — not Google — product discovery is changing. And the promise to give brands visibility and control over this fast-growing search channel has made Peec AI one of Europe’s hottest startups. Just four months after its Seed round led by 20VC, the Berlin-based startup has raised a $21…
Crypto Finance, part of the Deutsche Börse Group, has launched AnchorNote to let institutions trade across venues without moving assets out of custody. Crypto Finance, a subsidiary of Deutsche Börse Group, has launched a new off-exchange settlement solution to improve capital efficiency and trading flexibility for institutional crypto investors. The new product, Crypto Finance AnchorNote,…