OpenAI’s rumored $1 trillion IPO would make it one of the world’s most valuable companies. But the AI pioneer faces unprecedented challenges transitioning from cash-burning startup to publicly accountable corporation.
Presidio makes strategic move into European market with $100 million acquisition of Dublin-based Ergo. The deal creates a formidable player in Ireland’s competitive tech services landscape and signals Presidio’s international growth ambitions.
Apple’s EU lobbying budget reached €7 million in 2025, placing it among the top tech spenders as companies intensify efforts to shape digital regulations. The spending reflects escalating battles over the Digital Markets Act and AI governance.
Banijay Group is reportedly in advanced talks to acquire CVC’s German sports-betting firm Tipico for €4.5 billion. This would be Banijay’s largest deal since going public and could create a European betting powerhouse.
Three of Europe’s largest aerospace manufacturers are merging their space businesses to create a unified technology company. The joint venture aims to challenge SpaceX’s dominance through combined innovation and operational synergies.
Three of Europe’s leading aerospace and defense manufacturers have agreed to combine their space operations into a single entity that reportedly aims to compete with Elon Musk’s SpaceX, according to joint statements from the companies. Airbus, Leonardo and Thales are creating what sources indicate will become one of Europe’s largest space technology companies with approximately €6.5 billion in annual revenue.
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Three of Europe’s largest aerospace and defense companies are joining forces to create a new satellite manufacturing entity. The venture, set to launch in 2027, aims to achieve critical mass and significant cost savings in a rapidly changing market.
Three European aerospace and defense titans—Airbus, Leonardo, and Thales—are moving forward with plans to consolidate significant portions of their space operations, with the new joint venture reportedly scheduled to commence in 2027. According to the companies’ announcement, this strategic move is designed to create a more competitive entity capable of addressing fundamental shifts in the global satellite market.
A California startup’s ambitious plan to launch thousands of reflective satellites into orbit to provide sunlight to solar farms at night is generating significant pushback from scientific communities. Astronomers warn the project could create permanent light pollution equivalent to having a full moon visible every night, while ecologists highlight threats to wildlife behavior patterns.
A California-based startup’s plan to deploy thousands of orbiting mirrors to redirect sunlight to solar farms is generating significant concern within the scientific community, according to reports. Reflect Orbital aims to launch a constellation of 4,000 reflective satellites by 2030 to provide what the company describes as “continuous, reliable access to energy, day or night” for terrestrial solar installations.
Eurostar has confirmed a €2 billion order for 30 double-decker high-speed trains, the first of their kind to operate through the Channel Tunnel. The new Celestia trains will significantly increase seating capacity and support Eurostar’s goal of growing annual passengers from 19.5 million to 30 million. This historic order represents the first double-decker trains on UK railways since a 1949 experiment.
Eurostar has placed a €2 billion (£1.74 billion) order for its first-ever double-decker high-speed trains, according to reports confirmed Wednesday. The company has ordered 30 “Celestia” trains with an option for 20 additional units, marking what analysts suggest is the largest fleet modernization in the company’s history.
