BusinessCybersecurityTechnology

Mastercard Announces Major French Data Center Expansion with €250 Million Investment

Mastercard is making a significant infrastructure push in Europe with plans to develop three new data centers in France. The payment giant’s €250 million investment aims to strengthen operational resilience and localize payment processing capabilities across the continent.

Major European Infrastructure Expansion

Payment processing giant Mastercard is reportedly planning a substantial expansion of its European data center footprint with three new facilities in France, according to company announcements. Sources indicate the company will invest approximately €250 million ($289.81 million) in this strategic infrastructure development, which represents a significant enhancement to Mastercard’s existing European operations.

AIStartupsTechnology

European AI Startup Nexos.ai Secures €30M Series A to Bridge Enterprise AI Adoption Gap

Nexos.ai, founded by Nord Security co-founders, has raised €30 million to address enterprise AI security concerns. The platform acts as a neutral intermediary between employees and AI systems, preventing corporate data leaks while maintaining productivity gains.

Enterprise AI Security Platform Attracts Major Funding

European AI startup Nexos.ai has reportedly secured €30 million (approximately $35 million) in Series A funding just months after emerging from stealth mode, according to recent reports. The Lithuania-based company, founded by Nord Security co-founders Tomas Okmanas and Eimantas Sabaliauskas, aims to solve what sources describe as the “biggest corporate data leak” in progress as employees increasingly upload sensitive information to large language models.