EU fund invests $400m in Lovable at $13.3bn valuation
The EU's Scaleup Europe Fund co-led a $400m Series C round in Lovable, valuing the AI company at $13.3bn. Revenue reached $600m, according to the report. The investment underscores the EU's strategic push to back high-growth European tech firms. (THENEXTWEB)
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Christian Triantafillou Schade— Digital pioneer, tech reporter, corporate revolutionary. Christian Triantafillou Schade covers Europe's push for digital sovereignty from the public record. He consults on process improvement and tooling.
Spain inaugurates a new IMB-CNM facility in Barcelona to manufacture nanoscale quantum chips, supported by an investment exceeding six million euros. The initiative aims to strengthen Europe's digital autonomy in quantum computing and reduce technological dependence on non-EU suppliers. (NUPATH)
Spain opens Barcelona quantum chip facilitySpain
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Cisco and NVIDIA launch on-premises Splunk AI platform
Government and publicTelecomNews
Cisco and NVIDIA introduce the Cisco AI POD for Splunk, enabling Splunk AI to run in on-premises, private cloud and air-gapped environments. The platform combines Cisco infrastructure, NVIDIA accelerated computing and Kubernetes-based architecture, addressing data sovereignty and regulatory constraints. (NUPATH)
Cisco and NVIDIA launch on-premises Splunk
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Sweden tests Forgejo for government code collaboration platform
SwedenNews
Sweden’s Digital Government unit has launched a proof-of-concept code collaboration platform using Forgejo, aligning with similar moves by the Dutch government to foster digital sovereignty and reduce reliance on proprietary platforms. The initiative aims to enhance control over public sector software development and infrastructure. (GITHUB)
Sweden adopts
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It will take a generation to switch Europe's phones. Start now
Mobile SovereigntyHardwareMobile Sovereignty
Roughly 350 to 400 million smartphones sit in EU pockets today, and only a fraction of them (110 to 134 million) come up for replacement in any given year, and the replacement cycle has stretched past 40 months. Nearly one in five phones already in use is second-hand. Those
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Gaia-X advisory board meets with global partners
News
The Gaia-X International Advisory Board convened its first meeting, uniting representatives from Brazil, Canada, the Caribbean and Japan with Gaia-X leadership. The gathering initiates structured dialogue to expand the federated data infrastructure project, a cornerstone of Europe's digital sovereignty ambitions. (GAIA-X)
Gaia-X International Advisory
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European Investment Bank to open office in Canada for critical raw materials
CanadaNews
The European Investment Bank plans to establish a presence in Canada to focus on critical raw materials cooperation, European Investment Bank President Nadia Calviño announced during a visit to Ottawa. The move aims to diversify Europe's supply chains and follows Canada's offer of priority access to