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good morning.
This is the final edition of CEO Weekly Europe.
Later this year, we will be launching a new European newsletter for our globally minded readers. During this hiatus, we encourage you to browse our website, sign up for Fortune Daily to get European articles delivered to your inbox, and follow our social media channels listed below. Recommended. We will continue to share valuable content and updates through these channels.
Our team is excited and looks forward to hearing from you again soon.Thank you for being a loyal subscriber luck.
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top News
Turn human waste into jet fuel
Airlines are struggling to find sustainable alternatives to jet fuel. Wizz Air may have hit upon a rather stinky solution: human waste. The Hungarian low-cost airline plans to operate 10% of its flights using sustainable aviation fuel (SAF) by 2030, partnering with Firefly, a UK-based biofuels company that turns wastewater into fuel. We are cooperating. luck
Expectations for solar power generation waning in Europe
European solar companies facing challenges in their home markets are considering expanding to the United States, where demand is strong and sustainable policies are more favorable. This week, German manufacturer Meyer Berger will liquidate its German factory and move production to the United States. The moves come as European companies face competition from Chinese rivals and a lack of support from local governments. Reuters
Europe advances in generative AI race
To mark luckAt the inaugural Brainstorm AI conference in London earlier this week, our editors analyzed some of Europe’s AI power players using exclusive insights from intelligence firm Dealroom. The continent has made great progress. Of the 15 AI companies headquartered in Europe and Israel, three boast female founders, and seven were founded in Europe but moved to the US and have raised $1.7 billion in funding. luck
around the water cooler
German chancellor walks tightrope on visit to China to discuss dumping, overproduction, piracy with Bloomberg
Ryan Hogg believes Viagogo boss Bob Marley would have approved ticket touts charging fans thousands of yen more than the asking price – ‘after some study’
Lego is more than just a children’s toy. His $9.7 billion turnover for the Danish company is proving lucrative for adults too (Pratanaprakash)
Devastating fire destroys Copenhagen’s historic stock exchange building, residents scramble to save artifacts (Bloomberg)
“Frenemy” excitement in European cities like Paris and London is helping early-stage AI companies catch up to the US, but North American stars say the biggest VC money still flows across the Atlantic. By Ryan Hogg
This issue of CEO Weekly Europe has been curated by Athlesha Mehta.
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