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☆ Britain looks to upstage France with play for world's third major AI hub after U.S., China
▼ + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.

Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain

☆ The best-funded generative AI startups in Europe have something in common: Big Tech experience
▼ + stars: | 2024-06-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

That figure rose to more than a third (38%) for the top 40 European and Israeli generative AI companies in terms of venture funding raised, and 60% for the top 10 generative AI companies for funding levels. Google bought British AI lab DeepMind in 2014, and the firm's tech is now key to AI products including its Gemini generative AI tools. Many AI founders are professors, tooAccel noted universities play a major role in the creation of generative AI startups. British universities are the most popular study destination for generative AI founders, Accel's research found. France's Ecole Polytechnique is the second-highest academic founder factory in Europe, with 7% of generative AI founders having studied there.

Persons: Arthur Mensch, Porte de Versailles, Dealroom, Harry Nelis, Europe's, Nelis, Timothee Lacroix, Guillaume Lample, Laurent Sifre, Karl Tuyls, Charles Kantor, Mistral, Accel, —, Lourdes Agapito, Agapito, Matthias Niessner, Victor Riparbelli, Steffen Tjerrild Organizations: Viva Technology, Parc, Chesnot, Getty, Accel, Apple, Google, Microsoft, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Facebook, Research, Meta, Amazon, Stanford University, British, University College London, UCL, University of Cambridge, France's Ecole Polytechnique Locations: Paris, France, Europe, Israel, Israeli, Alpha Germany, United Kingdom, British, London, France's

☆ This AI startup founded by ex-Googlers just raised $35 million. Check out the 12-slide pitch deck Bioptimus used to land the funds.
▼ + stars: | 2024-02-20 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Bioptimus, a new French AI startup for life sciences, has raised $35 million in seed funding. Founded in 2023, Bioptimus is the brainchild of Jean-Philippe Vert, a former research scientist at Google and recently chief R&D officer at French health AI startup Owkin. The company was formed to capitalize on the enormous potential of AI in biological sciences, Vert told Business Insider. "There is something very special now about AI," Vert said. Owkin, Vert's former employer, is an investor and partner to the startup, as is tech entrepreneur and investor Xavier Niel.

Persons: Bioptimus, Jean, Philippe Vert, Rolophe Jenatton, Xavier Niel Organizations: Google, Business, Sofinnova Partners, Cathay Innovation, Harvest, Fundraising Locations: Owkin

☆ A deep tech investor predicts these 3 AI startups will become the decacorns of this decade with valuations of over $100 billion
▼ + stars: | 2023-05-01 | by ( Amir Khan | ) www.businessinsider.com time to read: +7 min

Amir Khan is a deep tech investor who's known about ChatGPT for 10 years. OwkinA health tech startup called Owkin, based in Paris, France, is working to build an AI model in partnership with top academic researchers and data scientists. MotionalMotional is a Boston-based autonomous tech startup that is gaining traction by successfully running the world's first robotaxi pilot program. If you've seen the old Batman movies, you would know self-driving vehicles were promised to us in the early 2000s. NexarNexar, a New York-based startup, is also a company working to realize our self-driving car dreams.

☆ Check out the 13-slide deck health startup OneLeaf used to raise $5.1 million to expand its personalized self-hypnosis programs across the US
▼ + stars: | 2023-02-09 | by ( Riddhi Kanetkar | Samantha Stokes | ) www.businessinsider.com time to read: +2 min

Its self-hypnosis program aims to help users with wellness challenges, such as weight management and sleep deprivation. That's what inspired him to found wellness startup OneLeaf, which just raised $5.1 million to grow its self-hypnosis program across the US. The Paris-based startup offers users a self-hypnosis tool for to help them face health challenges such as smoking, weight management, and anxiety. Focusing on self-hypnosis as a treatment option makes OneLeaf unique, Cohen-Skalli said, and also positions the startup to grow into other wellness industries. Check out the 13-slide pitch deck used to secure $5.1 million in seed funding.

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