siliconcanals

McKinsey's 2025 global AI survey: 88% of organizations now use AI in at least one function, up from 78% — but most are still stuck in pilot mode, and only a minority can ...

Two numbers from McKinsey’s 2025 survey sit awkwardly next to each other. The first is 88 percent, the share of organisations now using AI in at least one part of the business. The second is 39 ...
siliconcanals

Poland-based PFR Ventures invests €55M to foster green innovation in Poland

Warsaw-based PFR Ventures, a fund of funds that invests in venture capital and private equity teams, announced on Wednesday that it has invested €55M in four green venture capital and growth equity ...
siliconcanals

Most people assume Dubai became rich from oil, but oil now accounts for less than 1% of the emirate's GDP — down from 50% in the 1980s — with tourism, trade, and aviation ...

Traditional trading boats and modern offices beside Dubai Creek. Photo by Walid Ahmad via Pexels. Dubai is routinely treated as an oil city because it is wealthy, Gulf-based and visually associated ...
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Europe’s new tech-sovereignty plan doesn’t ban U.S. cloud giants — it sets four levels of “sovereignty” for sensitive government data, and an American law makes the ...

Server racks at a data center. Photo: BalticServers.com, CC BY-SA 3.0, via Wikimedia Commons. On June 3, 2026, the European Commission proposed a set of rules that would change how European ...
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Amsterdam’s MarvelX, founded by ex-bunq AI chief, raises €5.3M to build the AI backbone of the insurance industry

Amsterdam-based MarvelX, a company specialised in building AI agents to manage claims, compliance, and support insurance, has secured $6M (approximately €5.3M) in a seed funding round led by EQT ...
siliconcanals

Dutch-based BOTS’ sister company Holland Crypto receives cryptocurrency registration from De Nederlandsche Bank

BOTS offers its users the opportunity to invest in various bots, a programme that buys and sells based on trading algorithms with a specific strategy. BOTS Founders Haarlem, the Netherlands-based ...
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The Grosvenor family started building Grosvenor Square in the 1720s but leased the houses instead of selling — 99 years at a time — so London's priciest homes quietly ...

How the Grosvenor family used a 300-year-old leasehold trick to keep the ground beneath London's most expensive addresses — and got the houses back, one 99-year lease at a time. Sir Richard Grosvenor ...
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Croatia’s Rimac Group raises €500M from SoftBank, Goldman Sachs, others; now valued at €2B+

Croatia-based Rimac Group, a company that brings together advanced hypercars and high-performance electrification technologies for the world’s largest OEMs, announced on Wednesday that it has raised ...
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London’s Octopus Energy gets backing from two new investors; valuation surges by 15% since Dec '23 funding round

London-based Octopus Energy, a clean energy tech company, announced on Wednesday the onboarding of two new investors: Galvanize Climate Solutions and Lightrock. However, the exact figures were not ...
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Dutch pension funds PMT and PME invest €100M to back deep-tech scale-ups in Netherlands

PMT (Pensioenfonds Metaal en Techniek) and PME (Pensioenfonds van de Metalektro), on Friday, March 22, announced that they are jointly investing €100M in Dutch deep-tech scale-ups. Deep-tech refers to ...
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Nearly a million wallets have lost $3.8 billion on Trump's memecoin while the president cleared $636 million — and the SEC has formally declared the whole arrangement outside ...

Nearly one million retail investors have lost a combined $3.8 billion buying President Donald Trump’s $TRUMP memecoin, while the president personally cleared $636 ...
siliconcanals

The habits that supposedly keep you from getting rich, and what the evidence says really does

The real barriers to wealth aren't what self-help gurus say—and the science reveals something far more uncomfortable than a list of personal failings. Cultural habits that prevent you from becoming ...