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