Saturday, 29 August 2026 · World
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EUROS The World Financial Report
Nº 49 Saturday, 29 August 2026 · World Edition
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Tech & AI

Tech & AI

The business of technology: the AI capital cycle, chips, platforms and the money behind them.

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U.S.-China AI feud sees ASML walk tightrope between sales and geopolitics

ASML is set to make around a fifth of its 2026 revenue from China, but geopolitical headwinds present a delicate situation.

SpaceX falls further in premarket after Starship test flight aborted

SpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.

Moonshot AI's Kimi K3 Triggers Selloff in Chinese Rivals

Beijing-based Moonshot AI has released a record-breaking model that outperforms mid-tier US systems on key tests, wiping out marke…

Mollie targets non-Eurozone with €350m expansion plan

Dutch payments group Mollie is investing €350m to expand across non-Eurozone Europe, signaling a push to capture SME market share …

SoftBank sinks 8% as Japanese chip stocks track Wall Street AI sell-off

Japanese AI-linked stocks tumbled as a fresh rout in U.S. semiconductor shares spread across Asia after Taiwan Semiconductor Manuf…

SpaceX Aborts Starship V3 Test Flight as Shares Slide Below IPO Price

SpaceX scrubbed its latest Starship test flight due to an engine ignition failure, intensifying investor scrutiny as the company's…

Alphabet shares fall on report its most powerful AI model Gemini 3.5 Pro is delayed

Alphabet announced the Gemini 3.5 Pro AI in May, saying it was being used internally but wouldn't be ready for a broader rollout u…

Exclusive: EQT’s €5bn Scaleup Fund in talks to lead Mistral round

Cybersecurity and Meta gain as investors demand AI returns

Investors are rotating out of broad AI hardware plays into cybersecurity and companies with clear monetization paths, signaling a …

Fireworks hits $1bn revenue, raises $1.5bn at $17.5bn valuation

Nvidia-backed cloud startup Fireworks has reached a $17.5 billion valuation and $1 billion in annualized revenue as corporate cost…

Grocery sales, United earnings, Anthropic's IPO prep and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Munich robotics startup Microagi raises $55m, Germany’s largest ever seed round

Visma deploys 600 AI initiatives to decouple accounting growth from headcount

European software group Visma is pushing agentic AI across its portfolio to fully automate bookkeeping, a shift that promises to l…

TSMC second-quarter profit jumps over 77%, beating estimates, on high-end chip boom

TSMC announced a second-quarter profit, following its June revenue figures released earlier this week.

Median European VC rounds swell as deal volume collapses

European tech funding rounds are hitting record median sizes, but a sharp drop in deal counts signals a winner-takes-all market wh…

Europe’s most valuable board members, according to founders

Europe’s leading tech hubs by deal activity in H1 2026

EQT-backed Syntetica raises $30m backed by Lululemon

From Tesla to building humanoids: Uma cofounder on why Europe is ‘the best market in the world’

Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership

The technological rivalry between China and the U.S. has intensified, as they race for AI dominance.

Jim Cramer says he needs 'cold hard' proof that AI is paying off

CNBC's Jim Cramer said he’s looking for companies to start showing measurable financial returns from their AI investments.

Jim Cramer questions whether Wednesday's rally in Big Tech will have staying power

CNBC's Jim Cramer warned that Wednesday's rally in tech may have gotten carried away from fundamentals.

SpaceX stock sinks below $135 IPO price for the first time

SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100

Robotics startup Monumental raises $32m backed by Khosla Ventures

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