Business
Anthropic to raise $30B. At $900B it is valued more than OpenAI
AI developer Anthropic is reportedly finalizing a new funding round next week to raise more than 30 billion dollars. The investment could push the valuation of the Claude chatbot creator past 900 billion dollars, overtaking rival OpenAI. Both artificial intelligence firms are also rumoured to be preparing for stock market listings later this year.
Business
Tata Electronics and ASML partner to build a semiconductor ecosystem in India
Indian manufacturing giant Tata Electronics has signed a strategic agreement with Dutch semiconductor equipment leader ASML to develop India's first commercial chip fabrication plant. The 11 billion USD facility in Gujarat will utilise ASML's advanced lithography technology to produce microchips for global automotive, mobile, and artificial intelligence markets.
Business
ASML and trade unions reach agreement on social plan
ASML and major Dutch trade unions have reached an agreement on a social plan to support employees during the company’s current transformation. The plan focuses on preventing forced redundancies through internal redeployment, generous severance pay, and extended employment guarantees.
Sci/tech
Unions urge Works Council members to get more involved with AI in the workplace
Unions De Unie and VCP urge works council members to get actively involved in learning about AI and its impact on the workplace. This will enable them to better architect AI deployment in their organisations. Market analysts expect that large scale AI deployement could lead to increasing layoffs in the Netherlands.
Education
Educational institutions tighten security after major hack
A large-scale hack of the Canvas learning platform has forced several Dutch universities and colleges to take their digital environments offline, disrupting services for thousands of students. Institutions including the University of Amsterdam and Erasmus University Rotterdam blocked access to the software after hackers compromised sites and leaked the personal data of students and staff, such as names and email addresses. Although seven major universities and several colleges have been affected, many are attempting to continue teaching and exams through alternative methods while IT teams work to secure the breached systems.
Governance
EU moves to ban AI‑generated explicit images
EU member states and European Parliament reach provisional agreement on new AI regulations, set to take effect by December 2026.
News
Odido will discontinue the Tele2 Thuis internet service at the end of May
Odido will end the Tele2 Thuis internet service at the end of May because the older network is no longer future‑proof. Customers will move to Odido Internet unless they choose another provider. The company says the transition takes around three weeks and that it will correct any overpayments afterwards.
Business
US tariffs threaten recession in Germany while badgering the Dutch economy
US tariff plans are intensifying pressure on Europe, with Germany warning of recession risks if trade tensions escalate. The Netherlands is not facing broad US sanctions, but it remains exposed to fallout through ASML export controls, ICC-related measures and weaker trade flows across the region.
