U.S. investors are dominating Europe's AI scene—and learning to live with the old continent’s regulators
==========
U.S. investors have significantly increased their presence in Europe's AI sector, with funding growing 10x over the past decade; as of mid-2024, American investors have invested 20x more in European Generative AI than any other country; the Magnificent Seven tech giants engaged in 15 deals with European AI startups last year; 40-50% of late-stage funding in European AI comes from U.S. investors; Microsoft invested $16 million in Mistral, raising concerns about U.S. influence in EU tech; France, Germany, and Italy advocate for laxer AI regulations, influenced by large corporations; U.S. companies must comply with EU regulations like GDPR to enter European markets; lawsuits against Microsoft indicate a shift towards regulating AI in the U.S.; U.S. investors should study European AI companies and their regulatory environments.
#Ai #Investment #Europe #Regulation #Technology #Us #Funding #Microsoft #GenerativeAi #Startups
https://fortune.com/europe/2024/08/22/us-investors-europe-ai-learning-regulators-tech-finance/
Fortune /
npub1v7…9v0r4
2024-08-22 17:51:40
Author Public Key
npub1v7hvaa8pv7g92sr6na55dtzaxmrrsgddxkhst3e8atw4nxusm37sg9v0r4Published at
2024-08-22 17:51:40Event JSON
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"content": "U.S. investors are dominating Europe's AI scene—and learning to live with the old continent’s regulators\n==========\n\nU.S. investors have significantly increased their presence in Europe's AI sector, with funding growing 10x over the past decade; as of mid-2024, American investors have invested 20x more in European Generative AI than any other country; the Magnificent Seven tech giants engaged in 15 deals with European AI startups last year; 40-50% of late-stage funding in European AI comes from U.S. investors; Microsoft invested $16 million in Mistral, raising concerns about U.S. influence in EU tech; France, Germany, and Italy advocate for laxer AI regulations, influenced by large corporations; U.S. companies must comply with EU regulations like GDPR to enter European markets; lawsuits against Microsoft indicate a shift towards regulating AI in the U.S.; U.S. investors should study European AI companies and their regulatory environments.\n\n#Ai #Investment #Europe #Regulation #Technology #Us #Funding #Microsoft #GenerativeAi #Startups\n\nhttps://fortune.com/europe/2024/08/22/us-investors-europe-ai-learning-regulators-tech-finance/",
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