Europe · Business news
85 stories · latest 07 Oct 2026 · clear filter
The finance angle is cost: advisers are the largest expense in a wealth business, and HSBC is replacing most of them with digital service only three years after it set out to hire more than 100 wealth managers towards…
The two sites are part of Google's 13 billion euro data centre investment in Finland, so the order puts a regulatory pause on a slice of Alphabet's AI and cloud building programme; the report gives no estimate of the…
The finance angle is price and ownership of the hardware. $1.36 and $4.18 per million tokens is the rate European companies and public bodies can now compare with US model providers, and open weights let them run the…
SAP did not give a price, so there is no figure to set against its earnings; the effect on its accounts is small. The finance angle is where the product sits: SuccessFactors is SAP's HR cloud line, and data on which…
The €3 billion round values Europe's best-funded AI model developer at €21 billion and brings in Samsung Electronics, a memory-chip maker, as lead investor. Much of the cash is earmarked for compute, which means…
From 2 August the Commission can act against providers of general-purpose AI models sold in the EU, a group that includes US developers such as OpenAI, Anthropic, Google, Meta and Microsoft as well as Europe's Mistral…
SAP is paying for AI capability out of this year's profit: the two acquisitions take more than €100 million off its 2026 operating profit outlook, now €11.8-12.2 billion. Against that, a current cloud backlog of €22.9…
ASML is the only supplier of the EUV lithography machines used for leading-edge AI chips, so its guidance of €43-45 billion in 2026 sales shows how much of chipmakers' capital spending reaches Europe's largest…
The delay gives European software and industrial groups that build AI into their products, such as SAP, Siemens and Dassault Systèmes, as well as medical-device makers, more time and lower near-term compliance…