Besso secures €4.29 million to expand trade regulation platform
Bern-based Besso has secured €4.29 million (CHF 4 million) from a single European family office to expand its AI platform for managing international trade regulations. The company plans to increase headcount, serve more multinatio...
Ecosia CEO says move from Mistral prioritizes open models and European hosting
Ecosia is moving away from Mistral to open AI models for lower costs, greater flexibility and reduced energy consumption, founder and CEO Christian Kroll told EU-Startups. He said the search engine would probably use Melious.ai, a...
Klarent closes €7.13 million seed round for US expansion
Zurich-based software testing startup Klarent has closed a €7.13 million seed round led by Mosaic Ventures, with participation from Moonfire Ventures and angel investors. The company plans to use the funding to enter the United St...
Preprint proposes matrix compression method that matches or improves standard approximation
Researchers report a matrix compression method that matches or improves truncated singular value decomposition, which represents data with a smaller low-rank approximation, at equal parameter cost. Their preprint tests the method ...
SoftBank seeks up to $100 billion from Gulf investors for AI
SoftBank Group Corp. is seeking to raise as much as $100 billion from investors in the Gulf region to help finance an expansion of the company's investments in artificial intelligence, the Financial Times has reported....
Citrix urges NetScaler patching for critical remote code execution flaw
Citrix urged administrators to patch a critical vulnerability that can let attackers execute code remotely or crash NetScaler ADC and NetScaler Gateway appliances. The memory overflow flaw, CVE-2026-107406, affects appliances conf...