'Extraordinarily Expensive': Getty Images Is Pouring Millions of Dollars Into One AI Lawsuit, CEO Says

Published on May 28, 2025

Getty Images is accusing Stability AI of copying 12 million images from its database without permission or compensation.

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European Commission announces new strategy ‘Choose Europe to Start and Scale’ to retain and grow startups

May 28, 2025
How do you make Europe the best place in the world to start and grow a business? That’s precisely what the European Commission today looked to answer as they unveiled a new strategy for fostering a thriving startup landscape across the continent.The newly launched EU Startup and Scaleup Strategy, titled ‘Choose Europe to Start and Scale’, looks to redefine Europe’s place in the global innovation a

London-based Applied Computing raises €10.7 million to bring AI to the energy industry

May 28, 2025
British AI company Applied Computing, focused on foundation models built specifically for the Oil, Gas and Petrochemical Industries, announces today a €10.7 million Seed funding round.The round was led by Stride.VC with Repeat.vc. The raise is reportedly among the largest ever for a UK-based AI firm at Seed stage.“Refining is where complexity, scale, and impact converge. It’s not just hard – it’s