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French AI startup Mistral, dubbed Europe's OpenAI, plans an IPO, not a sale, as it expands globally with over €1 billion raised since 2023.

Europe should take greater risks and plow more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.

US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the the most downloaded free app in the US.

Europe needs it the most,” SAP CEO Christian Klein said in response to the U.S.’ Stargate Project — a $500 billion investment in AI infrastructure.

Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.

Two of America’s Big Tech companies are opening the door to more “free expression,” even if it means more hateful content. But in Europe, Big Tech companies are voluntarily cracking down.

Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.

OpenAI has been laying groundwork. While most users were just starting to really explore ChatGPT Tasks – a new feature that lets user schedule and trigger tasks – the company was preparing for something far more significant.

The new tool, called Operator, is an AI agent: It relies on an AI model trained on both text and images to interpret commands and figure out how to use a web browser to execute them. OpenAI claims it has the potential to automate many day-to-day tasks and workday errands.

OpenAI announced that it is launching a research preview of Operator, an AI agent that can take control of a browser and perform tasks.

European industrial stocks such as Schneider Electric and Prysmian surged on Wednesday as traders warmed up to prospects of their U.S. business after Donald Trump unveiled a new artificial intelligence (AI) investment push.