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Intel to invest $4.6B in new chip factory in Poland

Intel, a multinational technology company, has just announced the investment of $4.6 billion to build a new semiconductor plant in Poland. The investment is part of Intel’s vision to create a first-of-its-kind end-to-end leading-edge manufacturing semiconductor value chain in Europe.

European Parliament passes AI Act draft: what is it about and why startups are worried

On June 15, 2023, The European Parliament, a main legislative branch of the European Union, adopted the draft law known as the AI Act by an overwhelming majority. The world’s first law on AI ensures full compliance with the EU laws and values, including

Poland’s Contec secures additional €5M, totalling €15M in raised funds

Szczecin-based startup Contec has announced the raise of additional €5 million for its funding round, totalling at €15 million. Blachy Pruszyński backed the round which became one of the 2023’s largest investments in Europe.

Emerging Ecosystem ranking 2023: Estonia is up 28 positions, Riga enters the list

Startup Genome has published its annual Global Startup Ecosystem Report 2023 that traditionally include Emerging Ecosystem 2023 ranking of 100. It is intended to reflect startup ecosystems at earlier stages of growth, which showcase high potential to be top global performers