Dutch deep tech fund for photonics startups reaches €75M after second close

PhotonVentures, a Dutch deep tech fund aiming to boost Europe’s photonics industry, has closed its second fundraising round with over €15mn — bringing its total capital to €75mn. The fund…

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‘British DARPA’ to build AI gatekeepers for ‘quantitative safety guarantees’

A British R&D unit today unveiled a futuristic vision of “quantitative safety guarantees” for AI. The Advanced Research and Invention Agency (ARIA) compares the guarantees to the high safety standards…

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Italy sets up €1B AI fund, mulls new penalties for the tech’s misuse

Backed by state lender Cassa Depositi e Prestiti (CDP), Italy is committing €1bn to AI development over the course of the next five years. Prime Minister Giorgia Meloni first announced…

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