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France’s Atos Flags Steep Revenue Decline for 2025

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French IT services group Atos warned it expects a sharp drop in annual revenue for 2025, citing ongoing contract losses that continued through the quarter ending December 31. The company said revenue is estimated to fall to about 8 billion euros, in line with its earlier guidance.

Chief executive Philippe Salle said the figure represents an organic decline of 13.8%, underscoring the scale of the challenges facing the group as it attempts to rebuild after years of financial strain. Once considered a flagship of Europe’s technology sector, Atos recently emerged from a major debt restructuring that nearly pushed it into collapse.

The company is pursuing a broad reorganisation that includes asset sales and job cuts, significantly shrinking a business that was once valued at more than 10 billion euros to around 1 billion euros today. Salle said customer confidence is slowly returning, though at a more gradual pace than expected.

Atos plans to exit around 10 additional countries in 2026, following divestments in Scandinavia and Latin America. Despite the revenue decline, the group said it expects to exceed its 2025 profitability target and will publish its outlook for 2026 alongside full-year results on March 6.

Atos to sell Latin American businesses to Brazil’s Semantix

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French IT services company Atos said on Friday it has signed a binding agreement to sell its Latin American operations to Brazilian technology firm Semantix, as part of a broader restructuring effort following severe financial distress.

The assets being sold employ around 2,800 people across Brazil, Argentina, Chile, Colombia, Peru and Uruguay. Atos did not disclose the financial terms of the transaction, but said it expects the deal to close in the coming months.

The divestment marks another step in Atos’ turnaround strategy after the once-prominent French technology group narrowly avoided collapse in 2024. Earlier this year, the company completed a sweeping financial restructuring that significantly reshaped its balance sheet and ownership structure.

As part of that process, Atos reduced its debt burden by approximately 2.1 billion euros, with banks and bondholders emerging as the company’s main shareholders. The restructuring plan places a strong emphasis on asset sales, allowing Atos to streamline operations, generate liquidity and refocus on its core activities.

The sale of the Latin American business underscores the scale of Atos’ transformation as it works to stabilise operations and restore confidence after years of financial and operational challenges.

Germany Launches Nvidia-Powered Jupiter Supercomputer to Compete in Global AI Race

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German Chancellor Friedrich Merz on Friday inaugurated Jupiter, a Nvidia-powered supercomputer that ranks as the fourth-fastest in the world and Europe’s first Exascale-class machine. Located at the Juelich Research Centre, Jupiter can perform one billion billion (10^18) calculations per second—equivalent to the power of about 10 million laptops.

Built in partnership with France’s Atos and Germany’s ParTec, Jupiter represents a landmark effort for Europe to catch up with the U.S. and China in high-performance computing and AI infrastructure. “We are today witnessing a historic European pioneering project,” Merz said, stressing that Europe has the opportunity not only to close the gap but also to remain competitive in the long run.

Beyond its symbolic importance, Jupiter is expected to advance research in biotechnology, climate modeling, and AI development, reducing Europe’s reliance on foreign digital infrastructure. Ralf Wintergerst, head of German tech association Bitkom, called for easy access to the system for startups and established firms to maximize its impact on innovation.

With Jupiter now operational, Germany positions itself at the heart of Europe’s AI and scientific research ecosystem, while aiming to balance global competition with technological sovereignty.