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France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups

TechCrunch LogoTechCrunch1w ago

France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups - TechCrunch

Quick Summary:

OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention and money so far.

Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024.

Beyond that, other countries in the region have pulled in less than $160 million each — sometimes significantly less than that, with funding in the lowest seven-digit range.


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France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups - TechCrunch (Picture 1)

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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-19 @ 23:43:17 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1445 words

Reading Time: 9 minutes read

Sentences: 57 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21316346

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