European tech

Dutch cloud provider Nebius stock surged after an ex-OpenAI employee's fund disclosed a sizeable stake in the company. This investment signals institutional confidence in European cloud infrastructure providers serving the AI market.

A former Epic Games director is developing 'The Immense Engine' as a European alternative to Unreal and Unity game engines, with AI agents capable of doing the work of ten to fifteen people. This matters to game developers and AI technology investors as it represents potential disruption in the game engine market and demonstrates AI's labor automation capabilities.