Silicon Republic February 5, 2025
The GenAI wave is just starting, the report predicts.
Just a few short years after artificial intelligence (AI) products hit the mainstream, AI now accounts for around 20pc of all venture capital funding in Europe, or around $8bn in total inflow of investments.
This is according to the French AI Report, created by early-stage VC firm Galion.exe, growth investment firm Revaia, and advisory firm Chausson Partners, which predicts that the GenAI wave is just starting.
According to the report, the UK (33pc), France (22pc) and Germany (22pc) have led the charts between 2020 and 2024, together inviting nearly 80pc of AI-related investments, while the Nordic region trailed behind, accounting for 7.2pc of the share.
Meanwhile, in a similar vein to...