AGP Executive Report
Last update: 5 hours agoAI Funding Surge: France’s Mistral closed Europe’s biggest VC round, a €3bn Series D led by Samsung, valuing the company at over €21bn, with Luxembourg’s Grand Duchy and BlackRock among the backers—another push for “sovereign” AI that customers can run on their own terms. Education & Skills: New OECD PISA 2025 results show 15-year-olds’ reading and maths skills at the weakest levels in 25 years, with Luxembourg among countries scoring below the OECD average; Luxembourg is set to tighten smartphone rules in schools after reading declines. Luxembourg Tech & Security: At least 80 Luxembourg doctors’ practices were hit by a cyberattack on IT provider BMS Engineering, which also installed the Immediate Direct Payment system. Space & Partnerships: India and Luxembourg are mapping deeper cooperation in space, AI, quantum tech and life sciences ahead of a January 2027 state visit. Local Infrastructure: The Wasserbillig border rail bridge is closed for renovation until 20 September as waterproofing and drainage are renewed across Luxembourg and Germany. Markets & Economy: Eurostat reports services production fell 0.3% in the euro area and 0.2% in the EU in June. Real Assets Deal: Franklin Templeton/Clarion Partners agreed to buy a majority stake in Stoneshield Capital, expanding European real assets exposure including science & innovation themes.
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