Monzo is shutting its US banking operations after struggling to gain traction in the market, and will instead focus on its core UK and European business. The UK digital bank, famed for its bright coral cards, will stop onboarding new customers and lay off... See more
European crypto investment firm Keyrock has hit unicorn status, following a new funding round, with its valuation quadrupling from its previous round, it said today. The Belgium-based startup, founded in 2017, said it was now valued at $1.1bn following a ... See more
European AI infrastructure company Nebius today said it was constructing one of Europe’s largest data centres, as the demand for AI compute shows no signs of slowing down. The data centre, located in the Finnish city of Lappeenranta, has a capacity of up ... See more
The co-founder and former CEO of high-profile German AI startup Aleph Alpha has today revealed fresh details about his new AI startup, which launched last month and is backed by a multi-million-dollar investment from the German consultancy Roland Berger. ... See more
Granola, the AI note-taking app, has bagged a $125m funding round, elevating its valuation to $1.5bn, hitting unicorn startus, it announced today. The funding round was led by Index Ventures, with participation from Kleiner Perkins with existing investors... See more
