News about Startups
Thanks to the launch of the “Entrepreneur’s Office” digital platform in test mode (Cabinetul Antreprenorului), Moldovan businesspeople will be able to more easily access the financing programs and support services offered by the Organization for Entrepreneurship Development (ODA).
TechAngels Romania, Business Angels Europe, META Group, and the Moldovan Technology Transfer Network (MTTN) have jointly launched ESIL Moldova—a two-year program designed to build capacity for attracting investment from business angels in Moldova.
A Romanian startup has created a car that doesn’t need fuel—it runs on compressed air.
The streaming service Netflix paid approximately $587 million for the AI project InterPositive, founded by actor and producer Ben Affleck.
The government’s package of proposals to reduce overregulation of the private sector and streamline the permitting system has received widespread attention in the business community.
KYIV — Just as the French aristocrats under the Ancien Régime could hardly have imagined the abolition of their noble titles, most university administrators today cannot imagine a world in which the degrees they award would become worthless scraps of paper.
The release of an AI model by the Chinese startup Moonshot—which, according to the company, is on par with leading models from OpenAI and Anthropic—sent the stock prices of the world’s largest companies plummeting.
The payment company Stripe, in partnership with the investment fund Advent International, has made an offer to acquire PayPal Holdings for more than $53 billion.
Liang Wenfeng, founder of the Chinese company DeepSeek, has become the world’s richest entrepreneur among the founders of companies specializing in the development of artificial intelligence models. Following a new round of funding, DeepSeek’s valuation rose to $50 billion, and its founder’s net worth increased to $36 billion, according to Bloomberg, citing the Bloomberg Billionaires Index.
On July 14, the eighth phase of a free training program for aspiring entrepreneurs from several districts in central Moldova—Ungheni, Nisporeni, Călărași, and Fălești—began in Ungheni. Over the course of three days, participants will gain practical knowledge on running a business, as well as on the application of tax and customs laws.
Marbella, Spain—which for decades has thrived on its beaches, yachts, and wealthy tourists—is changing the game. The city on the Costa del Sol wants to become not only a vacation destination but also a permanent hub for startups, tech companies, and investors.
Attempts to convert struggling automobile plants into production sites for military drones could end in failure and prove costly to taxpayers. That is the view of Eisaku Ito, CEO of Mitsubishi Heavy Industries.
Nine innovative startups from Moldova, Armenia, and Ukraine presented their solutions at the EU4Innovation East pitch competition as part of VivaTech 2026, one of Europe’s largest technology and startup events. Organized by the EU-funded EU4Innovation East program, the competition highlighted the growing innovative potential of the Eastern Partnership region and its increasing integration into the European innovation ecosystem.
Armada, an American startup, is developing portable data centers that enable the deployment of artificial intelligence systems in remote areas without access to traditional cloud platforms or reliable digital infrastructure.
VivaTech 2026, Europe’s largest technology forum, took place June 17–20 in Paris, bringing together approximately 180,000 attendees, 4,000 exhibitors, 14,000 startups, and more than 450 speakers.
FTX founder Sam Bankman-Fried, who is serving a 25-year sentence for one of the largest financial frauds in history, is making ambitious plans for life after his release. He told his cellmate that he would need $50 million to $100 million in seed capital to “make serious money,” and mentioned a cryptocurrency project that “everyone will flock to.” At the same time, he appealed to Donald Trump for a presidential pardon, and his parents hired lobbyists.
Europe’s leading marketers will compete for the first time for the title of European Chief Marketing Officer (Best Marketing Director in Europe). This is a new industry award that will be presented as part of the Cannes Lions International Festival of Creativity.
Amazon founder and Blue Origin CEO Jeff Bezos said that humanity needs to move heavy industry beyond Earth, starting with the Moon, in order to sustain economic growth while protecting the environment.
xAI has integrated its AI assistant, Grok, into popular Microsoft Office applications—PowerPoint, Word, and Excel.
French President Emmanuel Macron joined Indian Prime Minister Narendra Modi on Sunday at the Palais des Expositions in Nice, where the “Bharat Innovates” exhibition of Indian innovations and technologies opened.
