European tech is starting to bounce back — and AI is turbocharging the recovery. The continent is now home to more highly skilled professionals in the field than the US, according to new research by Atomico, a VC firm headquartered in the UK. This overtaking follows a decade of rapid progress. Over the past 10 years, the number of people working in artificial intelligence across Europe has increased by a whopping 1,000%. This talent pipeline is now flowing into some impressive startups. In 2023, AI companies raised 11 of Europe’s 36 mega-rounds of $100mn or more. They include France’s Mistral…
This story continues at The Next Web
https://thenextweb.com/news/european-ai-supporting-tech-sector-recovery
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Nov 28, 2023, 6:40:12 AM
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