Superintelligence Europe — No. 006

Munich Re, the German reinsurer and one of the world’s most authoritative voices on quantified risk, released a major cybersecurity report on Wednesday projecting that cybercrime will generate global losses of approximately $14 billion by 2028. The report frames AI not as a future threat but as an active force already reshaping the economics of attack: automation now enables criminals to operate at greater scale and precision simultaneously, with highly personalised phishing campaigns, automatically generated malware, and synthetic identities that are increasingly indistinguishable from real ones.

The data on ransomware is particularly stark. The number of publicly reported attacks rose by nearly 50 percent in 2025 and shows no sign of abating in 2026. Coordinated attacks via networks of hijacked devices more than doubled in the same period, driven in part by the growing availability of attack-as-a-service tools. At the most sophisticated tier, criminal groups are collaborating with nation-state actors, concealing the origin of operations and accelerating their global reach. Martin Kreuzer, head of cyber risks at Munich Re, told AFP that “automation now plays a central role” — enabling attackers to be both more efficient and more targeted than previous generations of cybercriminals.

Irish technology company Version 1 opened its new Dublin headquarters and AI studio at Four Park Place on Wednesday, announcing 250 new jobs across the company’s operations. The launch was attended by Minister for Enterprise Peter Burke and Minister of State for AI and Digital Transformation Niamh Smyth — a level of political attendance that reflects how central AI talent retention has become to Irish industrial strategy. The 250 Dublin roles come on top of 400 positions already announced for Northern Ireland, and form part of a broader £40 million UK investment plan.

Version 1, which marks its 30th anniversary this year, now employs 3,700 people globally with revenues exceeding €400 million. The AI studio has been designed as a co-creation space for enterprise clients, but crucially will also be open to schools, universities, and community groups — a deliberate move to frame AI capability as a public good rather than a proprietary asset. CEO Roop Singh said the company’s core belief is that AI enhances human capability rather than replacing it.

Two smaller EU member states produced concrete AI deployment stories on Wednesday that rarely surface in continent-wide coverage. In Latvia, a new AI-powered platform called ECLI.ai was announced — designed to analyse court rulings and legal information at scale. The platform addresses a specific and growing problem: the volume of published European Court of Justice rulings has outpaced any realistic capacity for manual review, making AI-assisted legal analysis increasingly a practical necessity rather than a convenience. ECLI.ai uses the European Case Law Identifier system as its structural backbone, positioning it as a potentially exportable tool across EU legal jurisdictions.

In Finland, DAIN Studios was selected as one of AI Finland’s 12 strategic partners for 2026, and will facilitate the focus group on AI agents and workflow redesign at the AI Finland Spring Forum in Helsinki — held on the same day as the announcement. The partnership signals Finland’s continued investment in structured, peer-learning approaches to enterprise AI adoption — a model that contrasts with the instinct-driven decision-making documented in Story 04.

Credible accounts and publications that drove Wednesday’s European AI conversation. Filtered for genuine signal.