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European AI startups raised a record $23 billion in the first half of 2026, a 130% year-over-year surge that captured 55% of all venture capital deployed in the region, according to the 2026 European AI Economy Report released Tuesday by…

The European Commission has opened a formal call for tenders to establish up to seven AI gigafactories across Europe, backed by €10 billion in public funding and designed to unlock at least €20 billion more in private investment. Separately, the…