Anthropic has formally opened its Milan office, naming Generali, Unipol, Pirelli, Enel and others as Italian enterprise customers and explicitly linking the launch to Pope Leo’s AI encyclical.

Morgan Stanley has doubled its forecast for AI-driven European banking job losses to 20% of the workforce by 2030, with cuts already underway at UBS, ABN Amro, HSBC and Société Générale.

Emarketer projects Meta's ad revenue will reach $243.5B in 2026, surpassing Google's $239.5B for the first time. Advantage+ AI automation is driving the shift.

The European Commission has fined Temu €200M under the Digital Services Act for failing to prevent the sale of unsafe baby toys and faulty chargers, the regime’s second major enforcement action.

Meta’s push into AI subscriptions and OpenAI/xAI’s push into advertising define the next phase of the consumer-AI revenue-model debate. None of the three is comfortable with the convergence.

Mistral CEO Arthur Mensch pushed back directly against Pope Leo XIV’s call to disarm AI, arguing Europe cannot afford unilateral restraint while adversaries deploy the technology.

Orbital Industries, formerly Orbital Materials, has raised a $50M Series B led by Plural with Nvidia’s NVentures, for AI-designed PFAS-free GPU cooling fluid and modular data-centre infrastructure.

Wix lays off 1,000 employees, 20% of staff, as a strong shekel and AI competition squeeze the website builder. Stock has fallen 50% in 2026 after an earnings miss.

AtlasEdge, the Liberty Global / DigitalBridge joint venture, has secured $1.2bn in debt financing to scale its European data-centre footprint, the largest single facility in its history.

The Pentagon has awarded Dell a five-year, $9.7bn contract to consolidate Microsoft software licensing across the US military and intelligence agencies, projected to save $422m a year.

Mistral has formally launched Mistral for Industrial Engineering with Airbus, BMW, EDF and CMA CGM as launch customers, anchoring its physical-AI commercial strategy.

Liu Qiangdong’s pledge to safeguard JD.com’s workforce from automation sits uncomfortably with his own ‘unmanned era’ vision and a flagship warehouse already running on four employees. Liu Qiangdong, ...