The cost-of-living crisis is biting in Germany, with reports this week of surging food inflation and a collapsing fibreoptic sector. The German financial newspaper Handelsblatt ran the two reports, stating in one that food inflation within the country had reached 97% for some items. App company smhaggle had compared prices for the paper, concluding that…
France has been identified as the second-largest start-up “ecosystem” on the continent. The claim was made in an article on the site Maddyness, which also posited that Paris was set to become a ‘boomtown’ for investment in artificial intelligence (AI). Hugo Borensztein, co-founder and CEO of AI platform Omi, who was interviewed for the piece,…
There has been a visible slowdown in investment into the tech space across Europe, according to a report from European Venture Capital firm Atomico. The report, State of European Tech: First Look 2023, indicates the amount of capital invested into Europe fell by 52% between 2021 and 2023. In comparison, China, the US and the…
