Paris, France
$13.8B
VALUATION
techcrunch.comEuropean AI company building open-source and commercial large language models with state-of-the-art performance.
Axios reports that Beijing-based Moonshot AI’s new Kimi K3 model is accelerating a shift toward cheap, open-weight AI systems, with Chinese models topping usage charts on OpenRouter. The Eastern Herald separately details Kimi K3 as a 2.8-trillion-parameter, 1M‑token-context model whose open weights are due to be released on July 27, 2026.
The European Commission has issued two binding decisions under the Digital Markets Act requiring Google to share anonymised search data with rival search engines and AI firms by January 2027, and to open Android to third‑party AI assistants with full voice activation and background task access. The measures, reported on July 17, 2026, build on earlier antitrust cases and are aimed at giving European AI companies and alternative search providers a fair shot against Google’s Gemini‑backed services.([easternherald.com](https://easternherald.com/2026/07/17/eu-dma-google-search-data-android-ai/?utm_source=openai))
On July 16, 2026, Reuters reported that Airbus has signed a multi-year agreement with Iliad-owned cloud provider Scaleway to host AI applications for sensitive industrial and defence use. The deal builds on Airbus’s existing partnership with French startup Mistral to develop customised AI tools for aerospace and defence.