Is Europe finally ready to build its own Big Tech? The EU’s bold new plan explained

The European Commission has unveiled a sweeping technology package aimed at reducing Europe’s reliance on American digital infrastructure. Mathieu Pollet reports for Politico that the so-called tech sovereignty package is designed not to confront U.S. firms directly, but to build up European alternatives over the long term. The package is driven partly by concerns that …

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AI music startup Suno raises $400 million at a $5.4 billion valuation

AI music platform Suno has closed a $400 million funding round, valuing the company at $5.4 billion. Corbin Bolies reports for Variety that the Series D round was led by Bond Capital, with participation from IVP, Forerunner, Union Square Ventures, Alkeon Capital Management and Quiet. Previous backers Matrix, Lightspeed, Menlo Ventures and Schroders Capital also …

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Google will allow website owners in the UK to opt out of AI search results

Google is giving website owners the option to exclude their content from its AI-generated search features, including AI Overviews and AI Mode. The move follows a ruling by the UK’s Competition and Markets Authority (CMA), as Igor Bonifacic reports for Engadget and Imran Rahman-Jones reports for BBC News. Google plans to add a toggle inside …

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German court rules retailers liable for AI chatbot errors

A German appeals court has ruled that online retailers are fully liable for misleading information generated by their AI chatbots. Yvonne Bachmann reports for Händlerbund News that the Higher Regional Court of Hamm (Oberlandesgericht Hamm) issued the ruling on 12 May 2026 (case reference: 4 UKl 3/25). The case was brought by the consumer protection …

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Anthropic files IPO prospectus with SEC, beating OpenAI to the punch

Anthropic has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission, the company announced on Monday. The filing gives Anthropic the option to pursue an initial public offering once the SEC completes its review. The move puts Anthropic ahead of rival OpenAI, which has not yet filed its …

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One Copilot to rule them all: Microsoft’s bold plan to simplify its AI empire

Microsoft is developing a single app that would bring together its various Copilot AI tools under one roof. Sebastian Herrera reports for Fortune that the software company plans to launch such a “super app” by the end of summer 2026. The app would combine GitHub Copilot, the Copilot chat function, the Copilot Cowork tool, and …

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CNN sues AI search startup Perplexity for content theft

CNN has filed a copyright infringement lawsuit against AI search company Perplexity, accusing it of unlawfully copying and distributing CNN’s journalism. Brian Stelter reports for CNN that this marks the first AI copyright lawsuit filed by a television network. The case was filed in the United States District Court for the Southern District of New …

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From BNP Paribas to Airbus: how Mistral is building the AI backbone of European industry

Mistral AI used its first-ever company conference in Paris to announce a major expansion into industrial engineering, a new data center south of the French capital, and a rebranding of its consumer assistant. Michael Nuñez reports for VentureBeat that the moves collectively signal the three-year-old startup’s ambition to become the preferred AI provider for enterprises …

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Anthropic surpasses OpenAI with $965 billion valuation after $65 billion funding round

Anthropic has raised $65 billion in a Series H funding round, pushing its post-money valuation to $965 billion. The San Francisco company has now surpassed OpenAI as the world’s most valuable artificial intelligence startup. OpenAI’s last valuation stood at $730 billion. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. A broad …

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