Neuromorphic chips that process information like human synapses are expected to solve the energy problem of AI. Two young companies from Dresden could lead Europe to the forefront of a new era in computer technology.

Family offices are considered a stronghold of old money – discreet, conservative, independent. But this world is faltering. Declining returns, rising costs, and new generations demanding transparency instead of tradition are forcing the billionaire asset managers of the super-rich to change course.

Despite the million-dollar fine against its subsidiary Loewe, the luxury group LVMH presents itself in top form. Business is booming, and the stock jumps up by double digits.

Clemens Hoch wants sick notes after 14 days – and this riles up doctors, employers, and economists alike. His goal: less bureaucracy, more trust.

The tech giant aims to further expand its dominance in the AI race and is leveraging new computing power from Portugal. Together with the British hyperscaler Nscale, one of the most advanced AI centers in Europe is being built south of Lisbon, equipped with 12,600 Nvidia GPUs.