• 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/

  • 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.