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Europe Today
'The market will look for alternatives,' for NVIDIA, says expert
Nvidia is at the centre of the global artificial intelligence revolution. But the American chip giant is now facing an extraordinary crisis, following the shock resignation of its CEO Jensen Huang amid allegations of an espionage scandal.
Economy
AI bubble and financial crisis fears in focus at Web Summit's last day
Jensen Huang's resignation as Nvidia CEO, the risk of an AI bubble and soaring US debt were in focus on a packed last day of the Web Summit in Lisbon, as speakers on a panel moderated by Euronews warned that public debt markets could trigger the next financial crisis.
Economy
Lagarde's early exit will not delay the digital euro, ECB says
Christine Lagarde's early departure will not delay the digital euro, a European Central Bank official stated at the Web Summit in Lisbon, citing the pilot due next year and a pledge by Brussels to agree the law by the end of 2026, while dismissing fears the project threatens people's privacy.
Markets
What we know about AI giant Anthropic’s blockbuster IPO plans
Anthropic plans to raise up to $64 billion (€57.1bn) in its upcoming initial public offering, the artificial intelligence giant said in a filing on Tuesday, in a listing that could value the company at up to $1.4 trillion (€1.25trn).
Europe Today
Trump loses Congress. Will he now be even more unpredictable?
Democrats have seized control of the US Congress in a nationwide rejection of Trump. In Europe, hackers targeted a French blood bank and supermarket fridges, raising fears of a new front in hybrid warfare. Plus: we talk to Reza Pahlavi, one of the main leaders of the opposition to the Tehran regime.
EU News
Moldova suspects state actor behind cyberattack, PM tells Euronews
Moldova Prime Minister Vasile told Euronews that a foreign state is suspected of hacking government databases and extracting citizens’ personal identification data. He said the list of suspects was "not very long". The attacks come amid wider cyber incidents across Europe.
Business
Anthropic swings to loss as massive compute bill looms over IPO
Anthropic’s revenue jumped 47% to $17 billion (€15.1bn) last quarter, but the developer of the Claude AI models slipped back into an operating loss and revealed close to $900 billion (€804bn) in commitments, mostly for computing, numbers investors will weigh ahead of its Nasdaq listing.
Lifestyle
Prada goes anti-AI for their new Christmas campaign - and it's working
Prada's new advertising feels like a direct response to those still indulging in a tech that is threatening human creativity and livelihoods. Their ‘Drawing Prada: Animated By Hand’ campaign shows that the "not-made-by-AI" approach has become a major selling point.
Markets
Binance resumes withdrawals after billions stolen in hack
Binance said it had seen withdrawals of around $4.7 billion (€4.21bn) on Sunday, after more than $6 billion (€5.38bn) in virtual assets were stolen from the cryptocurrency exchange in a major hack for which the FBI said North Korea was responsible.
Space
CanSat 2026: Students launch miniature satellite models in Uzbekistan
From classroom calculations to rocket launches, teams from 15 countries tested their creations under real flight conditions. Equipped with sensors and communication systems, the devices collected data before descending by parachute.
Russia
Ukraine hits Russian data centres in blow to Moscow's AI capabilities
Drones hit three Yandex facilities, a Sber centre and a VKontakte server farm across five Russian regions, causing persistent failures in payments, navigation and cloud services. Experts say restoring the infrastructure could take months or years.
Markets
Turning mercury into gold? A US start-up says it has just done it
Little-known San Francisco start-up Marathon Fusion says it has turned mercury into stable gold at ten times the rate of CERN's record, raising a question that has haunted the diamond trade: could lab-made gold one day sink the price of the mined metal?
Business
Why Musk wants to merge Tesla and SpaceX before Trump leaves office
Elon Musk has opened the door to merging Tesla and SpaceX into a $3.5 trillion (€3.1tn) giant, the latest step in years of folding his companies into one another, with a deal reportedly aimed at closing before US President Donald Trump leaves the White House.
Business
Anthropic revenue jumps 46% ahead of $2 trillion IPO bid
AI developer Anthropic grew its sales by about 46% to $16.8 billion (€15bn) last quarter and turned an adjusted profit, it told investors on Wednesday, weeks before a November stock market debut that could value it at up to $2 trillion (€1.79bn).
Business
Samsung flags 783% profit jump to record $80bn as AI chip boom surges
Samsung Electronics estimated on Thursday that its third-quarter operating profit jumped almost ninefold to a record 107.4 trillion won, or $80.2 billion, while sales at Taiwan's TSMC hit a quarterly record, as the AI boom keeps demand for chips strong.
Business
UBS only European bank in AI adoption top 10 led by JPMorgan Chase
UBS is now the only European lender among the top 10 banks judged most advanced in adopting artificial intelligence, after HSBC dropped out of the top tier of the Evident AI Index, while JPMorgan Chase widened its lead and North American banks tightened their grip.
Business
Moonshot AI eyes Hong Kong IPO in early 2027 after a $50bn valuation
Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.
Europe News
Google’s €13bn Finland push transforms and divides a quiet rural town
A €13 billion Google data centre investment is set to transform the Finnish municipality of Muhos and the wider Oulu region. While many locals welcome new jobs and economic activity, environmental campaigners say more than 300 hectares of forest were cleared without a required assessment.
Markets
Why ordinary investors struggle to buy into the robotics boom
Most of the companies building the robots of the future are still private, leaving ordinary investors with limited options such as Tesla, diversified industrial groups or new vehicles like RoboStrategy, a Nasdaq-listed fund whose shares trade at more than twice the value of its assets.
Business
Anthropic IPO filing warns AI may pose 'existential risks to humanity'
Anthropic has devoted almost a third of its IPO prospectus to risk factors, warning that its AI may pose "existential risks to humanity", while the filing also reveals a $42 billion (€36.9bn) net loss last year and a heavy reliance on just two customers.
Business
Five million robots now work in factories as humanoid hype is tested
Over five million industrial robots now work in factories worldwide, the highest total ever recorded, even as Boston Dynamics shelves a stock listing and Chinese regulators slow a rush of humanoid IPOs, showing a widening gap between practical machines and the humanoids capturing headlines.
Money
North Korean hackers suspected in €332.8m crypto heist as it leads global hacks
North Korea, one of the world’s most closed-off countries, has been linked to some of this year’s largest cryptocurrency thefts. Proceeds from such attacks help fund its nuclear weapons and ballistic missile programmes, according to the US government.
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