The EC pledges €750M of the €1.5B planned investment to fund AI-optimized supercomputers across seven sites to help EU startups compete with global rivals
BRUSSELS — The European Union has committed hundreds of millions of euros to help startups catch up in the global artificial intelligence race.
Klarna's US IPO listing is another deep blow to Europe, where the lack of a complete single market is pushing EU startups to choose US exchanges for their IPOs
Until there is a single market in areas from services to capital markets, more companies will choose American exchanges
Some European entrepreneurs believe the EU's scrutiny of deals involving tech giants will lead to less M&A activity, reducing exit routes from their business
The Financial Times writes about how EU startups now agree and worry about the consequences of these regulator actions. … X: Lewis Crofts / @lewis_crofts : Start-ups getting nervous about @EU_Commissi...
The EU reaches a deal on the AI Act, one of the world's first comprehensive attempts to limit AI use, including in law enforcement and critical infrastructure
another set of rules that let them fine US big tech companies since there aren't any European ones. The law will require foundation models, including GPT & Gemini, to comply with transparency obligat...
Study: EU startups are delaying moving to the US, with just one-third moving before their Series A between 2015-2019, compared to two-thirds between 2008-2014
Freya Pratty / Sifted :
Report: 40% of 2,830 AI startups in Europe do not use AI programs in their products; ~8% of EU startups were AI companies in 2018, up from ~3% in 2015
Aliya Ram / Financial Times :
Report: 40% of 2,830 AI startups in Europe do not use AI programs in their products; ~8% of EU startups were AI companies in 2018, up from ~3% in 2015
Two-fifths of Europe's artificial intelligence start-ups do not use any AI programs in their products, according to a report that highlights the hype around the technology.