AI investment in Europe further boosted by €1bn Italian investment
But could a maturing eastern European start-up ecosystem prove a competitor?
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But could a maturing eastern European start-up ecosystem prove a competitor?
Tech giants Microsoft and Alphabet have announced heavy investments into the AI landscapes of France and Germany this week. Microsoft is reportedly set to invest €3.2bn in building up its AI infrastructure and cloud capacity in Germany by the end of the next year. The investment is expected to cover the training of some 1.2m…
A new ruling from the French government around ESG investing could potentially lead to forced divestments worth billions of euros. As the Financial Times recently reported, the country has decided funds under its ‘L’investissement socialement responsible’ (ISR) label will no longer be able to put money into hydrocarbon exploration, exploitation or refining projects. Companies that…
France has been identified as the second-largest start-up “ecosystem” on the continent. The claim was made in an article on the site Maddyness, which also posited that Paris was set to become a ‘boomtown’ for investment in artificial intelligence (AI). Hugo Borensztein, co-founder and CEO of AI platform Omi, who was interviewed for the piece,…
The European Investment Bank (EIB) has signed a €315m loan agreement with Spanish telecommunications firm Cellnex to support 5G rollouts in France, Italy, Poland, Portugal and Spain. According to Cellnex, the loan will mobilise total investment of €631m to improve and expand the coverage and capacity of very high bandwidth mobile network infrastructure in these…
This year’s ‘Choose France’ summit, held at Versailles this month, has led to pledges of €13bn of future investment in the country. Reporting from Euractiv indicated more than 200 chief executives, including Tesla and Twitter supremo Elon Musk, attended the event. While Musk did not make any overt pledge, 28 company-specific projects were reportedly announced,…
Tasked with driving forward its multi-boutique asset management business plans
The firms have jointly launched SRI products over the past five years
BNP Paribas and Credit Agricole alum Denis Panel succeeds co-founder Emeric Préaubert
As it unveils plans to launch two merger arbitrage strategies
Payments are forecast to hit a new all-time high of €387bn this year
But are the champagne corks being popped too early?