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3 articles summarized · Last updated: LATEST

Last updated: July 3, 2026, 2:30 AM ET

European Tech & IPOs

Europe is witnessing a surge in billion-dollar startups, with approximately one new unicorn emerging weekly, indicating a revitalized funding environment new model for startups. This trend is exemplified by Italy's Bending Spoons, which is preparing for an $18 billion IPO, with its CEO stating they are "building a legendary institution" building legendary institution. The King's Cross area in London is also becoming a hub for artificial intelligence development, attracting numerous AI labs AI labs taking over.