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

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

Publishing timestamp: 2024-06-20 07:47:17


Summary

Accel report shows that many of the best-funded generative AI companies in Europe and Israel have founders with past experience at U.S. Big Tech firms. Tech giants like Google, Apple, and Meta are seen as catalysts for new genAI ventures, with universities also playing a major role in creating startups in the field.


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Keywords: tpg pace holdings corpapple inctechnologymicrosoft corpmeta platforms incbusiness newsstart-upceoamazon.com incsciencebreaking news: technologyinternetalphabet inc

Source: https://www.cnbc.com/2024/06/20/europes-top-funded-genai-startups-founded-by-ex-big-tech-staff-accel.html


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