Tag Archives: European

European startup funding halved to $42B in 2023, says Atomico

European startup funding halved to B in 2023, says Atomico

The downturn within the know-how sector — dragged by inflation, greater rates of interest and geopolitical occasions — continues to persist, and probably the most acutely impacted areas has been VC funding for startups, notably these outdoors the U.S. In accordance with VC agency Atomico, firms in Europe are on …

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Regulatory Alert: The European Union Synthetic Intelligence Legal responsibility Directive

Regulatory Alert: The European Union Synthetic Intelligence Legal responsibility Directive

BACKGROUND In September 2022, the European Fee[2] (EC) proposed the Synthetic Intelligence (AI) Legal responsibility Directive[3], aiming to adapt non-contractual civil legal responsibility guidelines to AI. This initiative seeks to modernise the European Union (EU) legal responsibility framework to deal with damages brought on by AI programs, guaranteeing equal safety …

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