The best-funded generative AI startups in Europe have something in common: Big Tech experience

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French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at the Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Schasnot | Getty Images Entertainment | Getty Images Most of the best-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at … Read more

‘Godfather of AI’ emerges from stealth to support start-up of CO2 capture

Since dramatically quitting Google last year, Geoffrey Hinton, better known as the “Godfather of AI,” has been a harbinger of doom for how the emerging technology could impact humanity. But more than a year later, the former Googler and AI naysayer is again betting on the technology’s ability to transform the world for the better. … Read more

Inside the arms race of British banks against fintech startups

Saturday June 8, 2024 9:00 am Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Bankers are paying close attention to Starling’s recently launched software-as-a-service unit, Engine. Britain’s big banks are entering new areas of the fintech space as they look to keep … Read more

Investors are reviving enthusiasm for European technology startups

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Green shoots are emerging for Europe’s tech startups after a two-year investment drought, as dealmaking among early-stage companies increases and venture capitalists raise new funds. Creandum, an early backer of Spotify, Klarna and Depop, unveiled … Read more

Startups Weekly: Musk raises $6 billion for AI and the fintech dominoes fall | TechCrunch

Welcome to Startups Weekly — Haje’s weekly roundup of everything you can’t miss in the world of startups. To register here to receive it in your inbox every Friday. In a twist that will shock absolutely no one and pyromaniacs who love to see money burn, Elon Musk’s latest venture, xAI, has secured a fortuitous … Read more