Alibaba Launches Qwen3.7-Max, Proprietary AI Model with Extended Autonomous Capabilities

Alibaba has launched Qwen3.7-Max, a new proprietary AI model that demonstrates significant advancements in autonomous agent capabilities, including 35 hours of continuous execution and the ability to integrate with external frameworks. While this move away from open-source distribution aligns with industry giants like OpenAI and Google, it has drawn mixed reactions from the developer community, with some praising the technical achievements and others lamenting the loss of open-source access. The model is priced competitively against other leading AI models, positioning it as a premium offering for enterprise workloads.

Portuguese Insurer Fidelidade Launches Climate Research Center to Navigate Extreme Weather Risks

Fidelidade’s Impact Center for Climate Change (ICCC), launched in October 2024, serves as a research and knowledge center focused on understanding climate change impacts on the insurance sector and society. During the Kristin storm, the center provided critical operational support by producing damage incidence maps and insights. The center operates across three spheres: insurance business improvement, client and partner education on climate risk, and collaboration with academia and policymakers. Analysis of the Kristin storm revealed significant findings about housing vulnerability patterns and structural weaknesses.

Kore.ai Launches Artemis AI Agent Platform to Compete with Enterprise Giants

Kore.ai launched Artemis, a comprehensive AI agent platform designed to compete with Microsoft, Salesforce, Google, and ServiceNow. The platform introduces Agent Blueprint Language (ABL), a YAML-based standard for defining and governing AI agents, and Arch, an AI system that automates agent design, deployment, and optimization. The Dual-Brain Architecture combines LLM reasoning with deterministic business rules for regulated industries. The company has achieved significant scale with 500 Global 2000 customers, $100M+ ARR, and deployments automating 450 million daily interactions.

Romanian Startup Emotional Gym Launches ‘Emotional Fitness’ Platform as I Love Failure Conference Returns to Bucharest

Emotional Gym is a new startup founded by Cătălin Meșter, a Romanian entrepreneur previously involved with audiobook platform Voxa. The platform functions as an ’emotional fitness gym’ where users train emotional reactions to fear, shame, anxiety and rejection through repetitive exposure exercises. The platform aims to create authentic spaces where users share real difficulties and lessons learned, contrasting with traditional social media. Meșter is promoting the I Love Failure conference series and community, with the May 2026 event in Bucharest featuring over 150 participants and 6+ speakers.

Romania Launches Swiss-Backed SME Eco-Tech Platform to Finance Green Manufacturing Transformation

Romania launched the SME Eco-Tech platform on May 21, 2026, a Swiss-funded financing program with a budget of 288.8 million RON (54 million CHF) designed to support green and digital transformation of small and medium-sized manufacturing enterprises. The application period opens May 26, 2026, on a first-come, first-served basis, with funding through five partner banks. Minimum project value is 668,100 RON, with at least 40% of eligible expenses dedicated to green or digital investments.