Dutch car-sharing platform SnappCar, which claims to be the largest of its kind in the Netherlands, has been fully acquired by AutoBinck Group — a shareholder in the scaleup since its founding in 2011. The ownership change also sees the return of SnappCar’s founder, Victor van Tol, in the role of the CEO. Van Told told local newspaper mt/sprout that...

A startup promising “universal AI compute” has joined France’s thriving artificial intelligence sector. Paris-based FlexAI emerged from stealth today with a €28.5mn war chest and an ambitious plan to “unlock the future of machine intelligence.” To pick that lock, FlexAI is rearchitecting compute infrastructure. The startup’s centrepiece is an on-demand...

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Ioanna and Andrii talk about the potentially good news about ASML’s future in the Netherlands, the latest developments...

It’s safe to say that the age of generative AI is well and truly upon us, rapidly changing the world of work as we know it. According to the World Economic Forum’s 2023 Future of Jobs Report, more than 75% of companies are looking to adopt technologies like AI in the next five years, so it’s no surprise that career opportunities in the space are exploding,...

A British startup aims to launch science satellites into space in 2025 after raising a fresh £2mn. Blue Skies Space has devised a unique business plan for the stargazers. They will be the first-ever science satellites that provide data directly to researchers via a membership model, the company said. The approach offers a new route to the secrets of...

In a major win for the Dutch tech industry, chip giant ASML intends to remain and further expand in the Netherlands. The chip machine manufacturer has signed a non-binding letter of intent with the City Council of Eindhoven, eyeing a potential expansion at the Brainport Industries Campus (BIC), west of the city. Located at Eindhoven’s Brainport region...