#european-ai

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fromBusiness Insider
2 weeks ago

A leading European AI startup says its edge over Silicon Valley isn't better tech - it's not being American

As the race to dominate AI accelerates, Europe's most prominent AI startup is betting that geography - not just technology - can be a competitive advantage in its home market. Arthur Mensch, the CEO and cofounder of French AI company Mistral, said the company's edge in Europe over Silicon Valley rivals like OpenAI, Google, and Anthropic isn't about having dramatically smarter models.
Artificial intelligence
fromBusiness Insider
2 weeks ago

$14 billion AI startup Mistral - Europe's answer to OpenAI - lands French military deal as the region bets on homegrown tech

France's Ministry of the Armed Forces said on Thursday that it has formally notified a framework agreement with Mistral AI, giving the country's armed forces, defense agencies, and affiliated public institutions access to the company's advanced AI models, software, and services. Under the deal overseen by the ministry's defense AI agency, Mistral's AI systems will be deployed on French-controlled infrastructure, a key priority for the military as governments grow increasingly cautious about where sensitive data is processed and which laws govern it.
France news
European startups
fromTechCrunch
7 months ago

North America takes the bulk of AI VC investments, despite tough political environment | TechCrunch

North America retains robust AI R&D funding amid a challenging environment, attracting more venture capital than Europe and Asia combined.
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