Sifted
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1 day ago
Yann LeCun launched a new AI venture capital firm called Extelligence Invest and quit the same day, creating confusion in Europe's tech sector. LeCun continues to lead AMI Labs, which raised $1 billion in funding this year, and serves as an advisor to Hiro Capital. The reasons for his sudden departure from Extelligence remain unclear, though he maintains multiple other commitments in AI investing and research.
Tech.eu
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1 day ago
Finland approved Bliq.ai to operate driverless vehicles on public roads immediately, with initial deployments including a safety driver onboard. Testing will begin in Helsinki with Bliq's AI-based Level 2 driving system combined with remote human supervision. The approval enables Bliq to validate its retrofit autonomous technology in European conditions and move toward broader driverless mobility deployment across the continent.
Tech.eu
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1 day ago
Float, a revenue-based financing platform for European tech companies, raised €4.5 million in Series A funding led by CHAPTERS Group AG. The company has distributed over €100 million to 130 tech businesses since 2022 and plans to evolve into an AI-native financial platform combining lending with AI-powered financial management tools. The funding will enable Float to double its team, expand in the UK market, and add automated financial insights and expense management features to its core lending business.