Optimism at 10-year high, as Europe’s technology sector hits $4trn mark

Cloudflare attributed the recent global outage to an inflated 'feature' configuration file. This incident caused significant disruptions across various online platforms, affecting users worldwide.

Europe is at a 'crossroads' and has not realized its full potential, according to leading VC firm Atomico, which has urged the European ecosystem to power its first trillion-euro company. Atomico's call highlights the need for innovation and investment in the tech sector to compete globally.

WebMD's subsidiary has launched a new generative AI tool called Medscape, designed to assist doctors in making faster decisions with the latest information available. This tool aims to enhance the efficiency of healthcare professionals by providing timely support.

Dragana Čalija, a Serbian tech entrepreneur, shares insights into her career journey, highlighting the challenges she faced and the achievements she has made. She offers advice to aspiring entrepreneurs and innovators, emphasizing the importance of building something personal and meaningful.

Irish digital specialist Granite has secured a $10 million investment from BGF, aimed at accelerating its international expansion plans. This funding will enable the company to enhance its growth trajectory in the digital sector.

At a recent summit in Germany, top officials emphasized the need for Europe to enhance its position in the artificial intelligence (AI) sector. The discussions aimed to propel the region to the forefront of the digital era while reducing its dependence on major US technology companies. This initiative reflects a growing recognition of the importance of AI in global competitiveness and the desire for Europe to assert its capabilities in this critical field.

The Dutch government's actions against Nexperia, a semiconductor company, highlight potential vulnerabilities in Europe's automotive chip supply chain. This situation raises concerns about the European Union's strategy to achieve chip sovereignty, as reliance on external suppliers could jeopardize the region's technological independence and security.

Ibec's research indicates that a significant portion of Ireland's manufacturing sector plans to adopt artificial intelligence (AI) to enhance efficiency and foster innovation. This trend reflects a growing recognition of AI's potential to transform manufacturing processes and improve competitiveness in the industry.