This is the European map of artificial intelligence champions
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Artificial intelligence startups in Europe have attracted €26.5 billion in investment in the first half of 2024, with AI now accounting for over 60% of all venture capital investment in the region. According to Pitchbook, almost a quarter of venture-backed startups in Europe are now linked to AI, with around 11,000 companies involved.
The UK, Germany, and France are leading hubs for AI in Europe, with cities like London, Paris, and Stockholm home to some of the most valuable AI startups, including Mistral, Helsing, Wayve, and Lovable. Mistral recently closed a €3 billion funding round led by Samsung, valuing the company at over $21 billion.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
