🤔 “I don’t think this is about banking the unbanked, I think it’s about unbanking the banked.”@iancr, Chief Experience Officer, @Ledger, joins us this week on #PrivacyInMotion with @MidnightNtwrk and @brave, to examine why we "discount" our personal data for attention, contrasting this with the protected value of established luxury brands. We dive into why self-custody is the path to digital sovereignty and how privacy is becoming the ultimate luxury. ...

Key Takeaways SAP deepens ties with Bleu, Capgemini and Mistral AI to advance Europe's sovereign cloud and AI.The alliances aim to protect critical infrastructure and support secure, digital transformation.SAP plans 20B euros in sovereign cloud and AI investments as demand for its solutions grows.SAP SE ((SAP) has extended collaboration with France’s artificial intelligence (AI) ecosystem, spanning Bleu, Capgemini and Mistral AI, to advance Europe’s journey toward digital, cloud and AI sovereignty. By integ ...

German tech major SAP has announced a collaboration with France’s AI sector, establishing new and expanded partnerships with companies including Bleu, Capgemini, and Mistral AI. The initiative aims to develop AI-led sovereign cloud solutions designed to protect European data and intellectual property, as well as support the region’s digital transformation. The agreement was revealed at the Summit on European Digital Sovereignty in Berlin. The partnership involves SAP bringing its enterprise application ...

Core Insights - SAP SE has announced a collaboration with France's AI sector, including partnerships with Bleu, Capgemini, and Mistral AI, to create secure, scalable, AI-driven sovereign cloud solutions aimed at advancing Europe's digital transformation [1][9]. Group 1: Collaboration and Partnerships - The collaboration combines SAP's enterprise application expertise with France's AI ecosystem to enhance data protection and intellectual property while promoting European innovation [1][2]. - Bleu and Delos Cloud have formed a Franco-German alliance to safeguard Europe's digital infrastructure, focusing on crisis response and operational cooperation in extreme scenarios [2][3]. - SAP and Capgemini are deepening their partnership to enhance cybersecurity and accelerate AI-driven enterprise transformation solutions across Europe [5]. Group 2: Sovereign AI and Digital Sovereignty - SAP and Mistral AI are expanding their partnership to provide a full sovereign AI stack for Europe, integrating Mistral's AI capabilities into SAP's cloud infrastructure [6][8]. - The collaboration aims to develop industry-specific AI applications that leverage both companies' strengths to address complex challenges and unlock new business value [7][8]. - SAP is investing over €20 billion in sovereign cloud and AI solutions to create a resilient digital foundation for European governments, public institutions, and enterprises [9].

Financial Data and Key Metrics Changes - Q3 2025 marked the strongest quarter in Gorilla's history with revenue exceeding expectations and operating profit turning positive, resulting in a breakeven bottom line [2][12] - The company reported a cash position of over $121 million, with $109 million being unrestricted cash and $15.1 million in debt, leading to a net cash position of $106 million [3][4] - For 2025, the revenue guidance is set between $100 million and $110 million, with EBITDA margins expected to be over 20% and net income margins between 15% and 20% [4][5] - The gross margins for the first nine months were slightly over 35%, with expectations to reach the 35%-40% range for the full year [4] Business Line Data and Key Metrics Changes - The company is advancing AI infrastructure programs across Southeast Asia, Latin America, and the Middle East, securing multi-billion dollar projects [2] - The signed contract with Freyr is valued at $1.4 billion, contributing over $400 million annually once fully operational [7][8] - The company anticipates that over 50% of revenue will come from Southeast Asia next year, with a good mix between government and enterprise clients [8][9] Market Data and Key Metrics Changes - The company has a strong pipeline of $7 billion, primarily driven by government and telco contracts focused on national AI and digital sovereignty strategies [16][53] - The demand for GPU servers is high globally, with supply chain constraints being a significant challenge [38] Company Strategy and Development Direction - Gorilla aims to diversify its business and reduce reliance on government contracts, focusing on a mix of government and enterprise clients [9] - The company is actively pursuing acquisitions in India and the U.S. to enhance capabilities and expand into high-growth markets [68][92] - The strategy includes building a unified AI infrastructure that integrates data centers, GPU services, and software solutions to create a sustainable revenue model [100][102] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the structural growth of the business, emphasizing that profitability is not a one-off event but a result of operational discipline [14][15] - The company is optimistic about the future, with a clear backlog and a demand curve that exceeds current guidance [17] - Management highlighted the importance of operational readiness and the ability to scale as customer demand increases [39] Other Important Information - The company has improved its credit quality and is now in a strong net cash position, allowing it to fund significant new deployments [10][11] - The management team has a proven track record, with revenue increasing significantly since going public in 2022 [10] Q&A Session Summary Question: What are the assumptions for the 2026 guidance regarding the large deal contribution? - The guidance for 2026 is based on contracted backlog and the first phase of the Southeast Asia data center project, which alone contributes $100 million from 2026 to 2028 [22] Question: Any color on EBITDA margins for 2026? - The guidance for EBITDA margins is in the range of 15%-25% [26] Question: Can you provide more detail on deliverables for the large contract in 2026? - The first $100 million is expected to come from a phased rollout of data center capabilities, with revenue ramping up as infrastructure is commissioned [28] Question: How does the company gauge potential upside in guidance? - There is more upside potential due to the timing of customer deployments and supply chain constraints, with a focus on getting programs live by 2026 [36][39] Question: What is the magnitude of the backlog? - The backlog is strictly defined at $85 million for 2026, with additional potential from ongoing negotiations and bids [47] Question: Why is Gorilla winning contracts against competitors? - Gorilla's long-standing relationships, operational discipline, and ability to deliver sovereign-grade AI infrastructure are key competitive advantages [56][58] Question: What are the plans for cash utilization? - The cash will be used for capital needs related to major contracts, including performance guarantees and working capital for data center projects [71] Question: How does the company plan to grow its sales team? - The current sales team is well established, and the CEO is personally involved in key customer engagements [66] Question: What is the strategic role of the company in the AI compute infrastructure? - Gorilla is building a comprehensive AI infrastructure, integrating data centers, GPU services, and software to create a sustainable revenue model [100][102]

German Chancellor Friedrich Merz said Chinese suppliers such as Huawei will be excluded from the country’s future telecommunication networks on security grounds as he pushes for more digital sovereignty https://t.co/utOIn57ami ...

Core Insights - The Web Summit has evolved from a small startup event in 2015 to a major global technology conference, highlighting the rapid changes in the tech landscape over the past decade [2] - The event attracted 70,000 attendees from 75 countries, including government representatives, entrepreneurs, and tech investors, marking a significant increase in participation [2] - The founder of Web Summit emphasized the rise of Chinese AI models and Brazil's PIX payment system as key examples of global shifts in technology and finance, challenging the dominance of Western tech companies [3][4] Technology and Innovation - The emergence of advanced humanoid robots and leading AI models from China was showcased, indicating a shift in technological leadership [3] - The PIX payment system from Brazil is described as revolutionary and free, posing a challenge to existing Western payment systems [4] - The decline of German startups at the Web Summit contrasts with the rise of Polish startups, indicating a shift in the entrepreneurial landscape within Europe [4][5] Economic and Cultural Shifts - Lisbon is positioning itself as a hub for innovation and culture, with significant growth in tech companies and job creation [7][8] - The city has seen the establishment of 16 unicorns and 82 tech companies, contributing to over 16,000 jobs [8] - The mayor of Lisbon highlighted the importance of social justice and cultural integration in fostering innovation [9][10] Future Outlook - Portugal aims to become a global innovation hub, leveraging technology to enhance governance and create opportunities [11][12] - The government is investing in digital infrastructure and skills training to prepare citizens for a tech-driven future [12][13] - The establishment of an AI super factory in Portugal is seen as a response to the dominance of Silicon Valley, aiming to enhance Europe's digital sovereignty [13]

Core Insights - European organizations are increasingly prioritizing control over data and infrastructure, driving demand for sovereign AI solutions [1][4] - 62% of organizations in Europe are seeking sovereign solutions due to geopolitical uncertainties, with higher interest in Denmark (80%), Ireland (72%), and Germany (72%) [1] - Sectors with regulatory requirements, such as banking (76%), public service (69%), and utilities (70%), are leading the adoption of sovereign AI [1] - Approximately 60% of European organizations plan to increase investments in sovereign AI technology, particularly in Germany (73%), Italy (71%), and Switzerland (64%) [1] - Only 36% of AI initiatives in European organizations currently require a sovereign approach due to regulatory or data sensitivity [1] Industry Trends - Organizations are balancing data control with the need for access to technological advancements, with 65% acknowledging the necessity of non-European tech providers for competitiveness [1] - 57% of organizations are exploring the feasibility of sovereign solutions from both European and non-European providers [2] - Accenture is collaborating with AI infrastructure providers like Nebius to support the establishment of sovereign AI factories in Europe [3] Strategic Considerations - The approach to sovereign AI is not about centralizing everything but making technology choices based on desired control levels over data and infrastructure [4] - Only 19% of organizations view sovereign AI as a competitive advantage, while 48% cite compliance as the main motivation for adoption [4] - There is a call for governments and institutions to enhance Europe's digital sovereignty through regulations and public investments, with 73% of organizations supporting this [4] Role of SMEs - Small and medium enterprises are considered critical for accessing sovereign solutions, with 70% of organizations recognizing their importance [5] Research Basis - The findings are based on a survey of 1,928 organizations across 28 countries and 18 industries, conducted in July-August this year [6] Recommendations - Sovereign AI should be a CEO-led priority, aligning AI strategy with enterprise risk and geopolitical realities [7] - Organizations should view sovereignty as a source of value creation rather than just risk mitigation [7] - Companies are encouraged to build hybrid ecosystems that combine local trust with global innovation [7] - Firms need to embed sovereignty into every layer of AI architecture for resilience and adaptability [7]

Irvine, CA and Beverly, MA, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Zadara, the sovereign AI cloud leader and Micro Support Group (MSG), a leading technology provider based in the Northeast U.S. with over 40 years of experience delivering secure and effective IT strategies, today announced a strategic partnership. Through this collaboration, MSG will now offer Zadara-powered multi-tenant AI clouds, sovereign clouds and an exceptional VMware alternative, helping enterprises modernize their infrastructure with cost ...

RT Bloomberg Live (@BloombergLive)NEXT WEEK: #BloombergTech returns to London and this year we will be exploring Europe’s path to digital sovereignty.Hear directly from leading executives, policymakers and innovators shaping the future of technology.https://t.co/Q9ZpbUIBzE https://t.co/6DeZbLHgmM ...