In the AI era, it should be easier than ever for people to build new businesses. We want to build the services that enable this. This is important for ensuring that people broadly share in the prosperity created by superintelligence.
The business is pulling its EMEA operations and activities back into its headquarters in Paris, France just seven months after it set up a London base. Executives in London were tasked with selling to media agencies the Adikteev's MotionLead technology, which creates bespoke mobile ad units, and it is understood that the first local campaigns for the formats had been secured.
My cofounder and I officially founded West Tek Defense Corporation in August 2022. We were doing smart rifles for the military. It was complicated. (At one point, we were literally balancing redox equations for propellant in the ammo.) The physics background we both had helped a lot; essentially, everything we saw was something we'd encountered in a class or during personal research. We spent about three years on the entire process. Ultimately, we found out it wasn't going to work - mostly because of regulation.
The initial phase targets what the regulation classifies as "unacceptable risk" AI systems - including social scoring, real-time biometric surveillance in public spaces, and manipulative AI designed to exploit vulnerabilities. Penalties for violations can reach €35 million or 7% of global annual turnover, whichever is higher. For a seed-stage startup, that's not a fine. That's an extinction event.
According to Dealroom's 2024 European Tech report, mentions of "AI" in European startup pitch decks increased by over 200% between 2022 and 2024. VC funding for AI-adjacent startups surged, even as overall funding in Europe contracted. The signal was unmistakable: if you want capital, you need to speak the language of artificial intelligence.
As the race to dominate AI accelerates, Europe's most prominent AI startup is betting that geography - not just technology - can be a competitive advantage in its home market. Arthur Mensch, the CEO and cofounder of French AI company Mistral, said the company's edge in Europe over Silicon Valley rivals like OpenAI, Google, and Anthropic isn't about having dramatically smarter models.
Europe's freelance market has been expanding steadily, but the post-layoff acceleration is notable. According to a 2024 report from Malt, the number of highly skilled freelancers in tech across the EU grew by 18% year-over-year, with a sharp uptick among professionals who had been in full-time roles for five or more years before making the switch.
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Nscale has now raised over $4.5 billion across equity rounds in less than six months. The capital funds Nscale's vertically integrated AI infrastructure, consisting of GPU compute, networking, data services, and orchestration software, with expansion planned across Europe, North America, and Asia.
Belgian business software company Odoo, also a unicorn, has reached a fresh milestone. Growth investor General Atlantic has increased its stake in the firm, buying additional shares from regional backer Wallonie Entreprendre and pushing Odoo's valuation to roughly €7 billion. This move isn't a typical funding round where a company raises new capital. Instead, it's a secondary transaction: General Atlantic bought existing shares that were previously held by Wallonie Entreprendre, the investment arm of Belgium's Walloon region.
A senior machine learning engineer at a top European AI lab can expect to earn between €120,000 and €180,000 annually. Their counterpart at Google DeepMind's US offices, OpenAI, or Anthropic routinely commands $350,000 to $700,000 in total compensation - sometimes more when stock is factored in.
Aikido's core proposition is rooted in the conviction that traditional application security tools have not kept pace with the rapid evolution of software development. Modern engineering teams ship code more frequently, and the widespread adoption of AI tools for coding has heightened both velocity and risk. Legacy scanners and point solutions can generate noise and distract developers, rather than offering actionable insights at the right moment.
