news - page 22

Google selects Ukrainian startups to receive up to $100k in grants

Google has announced the first 2024 recipients of the fund to support Ukrainian startups in Ukraine, which provides a total of $10 million in funding. In addition to grants of up to $100,000, selected startups receive Google Cloud credits, as

US introduces new sanctions against Russia banning the provision of IT services

On the eve of the G7 summit in Italy, the United States government imposed more than 300 new sanctions against companies that help Russia wage war in Ukraine and evade already imposed sanctions, the US Treasury Department states. Regarding IT

French startup Mistral AI raises $640M in Series B to expand its AI model development

The Paris-based AI development company Mistral AI has raised an astounding €600 million (around $640 million) to close its Series B funding round through equity and debt financing. Currently, the startup is valued at $6 billion following this funding round.

Lithuanian defense tech Broswarm wins at NATO Innovation Challenge

Vilnius-based startup Broswarm has won the 15th NATO Innovation Challenge selected for Landmine Clearance Solution, where 51 entries from thirteen countries presented their solutions to address Remote Explosive-Contaminated Area Recognition and Neutralization. Broswarm aims to expand its new technology and