• France is positioning itself as a leading hub for AI startups, thanks to its large talent pool of PhD students in math, computer science, and engineering.

  • Tech giants like Facebook and Google have established AI research labs in Paris, attracting top talent and contributing to the growth of the AI ecosystem.

  • High-profile AI companies like Mistral AI and Dust, which are working on open source language models and integrating them with corporate data, are gaining attention.

  • European AI startups are distinguishing themselves by prioritizing regulation and compliance from the early stages of development.

  • A new wave of stealth AI startups is emerging, with companies like Adaptive, Wiem Gharbi’s AI startup, and Steeve Morin’s ZML attracting investor interest.

  • French entrepreneurs are founding AI startups at a rapid pace, with VC firms competing for funding rounds.

Source : https://techcrunch.com/2023/11/09/theres-something-going-on-with-ai-startups-in-france/

  • DJAlaskaAndrew@alien.topBEnglish
    1·
    1 year ago

    Anytime I get an interview request from a startup with AI in their description, it gets auto rejected.

  • AltruisticCoder@alien.topBEnglish
    1·
    1 year ago

    Arguably with AI startups in general but yes, France has very strong talent pool that now has access to venture capital - I’m surprised they weren’t a more public player before.

    • DNA1987@alien.topBEnglish
      1·
      1 year ago

      We have almost zero tech vc. All investment pretty much are going to real estate and banking. R&D doesn’t get much money and if a small startup boostrap itself and seems to be doing well then it gets aquire and move to usa…

      • AbbreviationsWarm734@alien.topBEnglish
        1·
        1 year ago

        It’s also a terrible place to build a business. The workers rights laws make it impossible to fire someone. That’s why I lot of French founders come to the US.

    • niallg22@alien.topBEnglish
      1·
      1 year ago

      Their employment laws make investments somewhat a hassle in a lot of cases. Apparently it costs them a lot.

  • BraindeadCelery@alien.topBEnglish
    1·
    1 year ago

    „By prioritizing compliance and regulation“

    Yeah kinda have to as the EU wants to be leading in AI regulation…

  • throwawayrandomvowel@alien.topBEnglish
    1·
    1 year ago

    There’s a French vc in NYC that positions itself as a data driven vc for euro startups in the us. I can’t speak for or against it - it seems like a vc that might do some quantitative (if not robust) analysis… But who knows.

  • educated_ape@alien.topBEnglish
    1·
    1 year ago

    Don’t worry. Any progress will be thwarted by red tape and bureaucracy. The French are world leaders in that for many decades and their labour laws are draconian.