Europe's most valuable artificial intelligence startup, Mistral, is actively expanding its operations in the United States to compete for AI talent with rivals in Silicon Valley. The Paris-based company is establishing a new office in Palo Alto, California, and is seeking to hire engineers, scientists, and sales teams to drive its growth in the U.S. market. According to insiders, one of Mistral's co-founders, Guillaume Lample, is also involved.

Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.

Recently, the sales performance of Meta's smart glasses, launched in collaboration with Ray-Ban, has been impressive in Europe. In some stores, Meta's smart glasses have even surpassed traditional Ray-Ban sales prior to the launch of AI features. According to the latest report, the smart glasses named Ray-Ban Meta have become the best-selling product in 60% of Ray-Ban stores. This information comes from the CFO of EssilorLuxottica.

Recently, Deloitte conducted a survey from June 28 to August 12, 2024, among 30,252 consumers and employees in Belgium, France, Germany, Ireland, Italy, Poland, Spain, Sweden, Switzerland, the Netherlands, and the UK. The results reveal that 44% of respondents have used generative artificial intelligence (Gen AI), 22% have not used it but are familiar with it, while 34% feel unfamiliar or uncertain about generative AI tools. Approximately one-third are users from the AI generation.

In the rapid advancement of artificial intelligence, an international research team is paving the way for the development of AI language models in Europe. They have launched a project called MOSEL (Massive Open-source compliant Speech data for European Languages), creating a comprehensive open-source voice dataset for the 24 official languages of the European Union. This initiative aims to promote the development of open AI language models in Europe, challenging the current dominance of English.

Recently, the European Commission released the list of the first over 100 signatories of the AI Pact, including companies like Amazon, Microsoft, OpenAI, Palantir, Samsung, SAP, Salesforce, Snap, Airbus, Porsche, Lenovo, and Qualcomm. Both Apple and Meta are not on the list. Image source note: Image generated by AI, image licensed by service provider Midjourney. The AI Pact aims to encourage companies to publish guidelines for the handling and deployment of artificial intelligence.

AMD announced that it has officially completed the acquisition of Silo AI, one of Europe's largest private artificial intelligence laboratories. The transaction is valued at approximately $665 million, equivalent to around 4.77 billion yuan based on the latest exchange rate, and AMD will pay the entire amount in cash.

European data protection regulators are investigating Elon Musk's X platform for allegedly using user data for its AI startup xAI without explicit consent. Users have reported that their posts and interactions with the Grok chatbot were used for AI training. The Irish Data Protection Commission has sent inquiries to X regarding user transparency and may investigate potential GDPR violations, raising concerns about possible fines or penalties. X h....

Meta has stated that it will not launch its upcoming multimodal AI model in the EU due to regulatory concerns, which will prevent European companies from using the model, despite it being released under an open license. Meta spokesperson Kate McLaughlin told The Verge, "In the coming months, we will release the multimodal Camel model, but we will not launch it in the EU due to the unpredictability of the European regulatory environment."The EU has recently set a compliance deadline for the new A

Meta announced to Axios on Wednesday that due to the unclear regulations in the EU, the company will not release its new multimodal AI models or future versions to customers in EU countries. This decision has sparked a broad discussion on the AI regulatory environment in the EU and reflects the strategic adjustments of American tech giants in the face of global regulatory requirements.Meta's multimodal AI models have the ability to process video, audio, images, and text and were originally plann

Recently, the European Commission announced the launch of several funding programs for generative artificial intelligence. These programs will be implemented under the "Horizon Europe" work projects next year, with a total budget of up to 500 million euros. The goal of this plan is to help the European Union keep pace with the global pace in the field of artificial intelligence, especially in using technologies like ChatGPT to solve industrial issues in the real world.Image Source Note: The imag

ChatGPT will be integrated into more new vehicles from the three most renowned European car manufacturers under the Stellantis group.The latest developments from Stellantis group have once again sparked industry attention, as the brands Peugeot of France, Opel of Germany, and Vauxhall of the UK will introduce advanced ChatGPT artificial intelligence technology into their car products.This technology is powered by SoundHound's ChatAI system and aims to provide a variety of practical functions suc

Artificial intelligence, especially generative AI, is the focal point of technology news in 2024. Services like ChatGPT released by OpenAI and billions in funding have attracted significant attention. However, according to a recent report by venture capital firm Accel and Dealroom analysts, a wave of emerging companies is emerging in Europe and Israel, hoping to make their mark in the field of artificial intelligence.

Social media giant Meta will begin using social media posts to train its artificial intelligence models. While European users have the option to opt-out, users in other regions will not have this convenience. According to an announcement made by Meta today, this initiative aims to provide more training data for its AI systems and is currently being rolled out to European users.

French startup Nijta focuses on AI-driven voice anonymization technology. Nijta's product, VoiceHarbor, enables voice anonymization while complying with data privacy regulations. The main market for Nijta is in Europe, benefiting from strict GDPR data privacy laws. The company plans to expand into the B2C market, with a focus on protecting voice messages and other related areas.

The European Central Bank is leveraging generative artificial intelligence technology to enhance banking regulation. Gen AI technology facilitates regulatory staff in managing their oversight tasks more efficiently. The ECB has developed multiple applications and platform services for over 3,500 users. Gen AI is beginning to flourish in the European financial services sector.

MWC 2024 serves as a stage for major companies and manufacturers to showcase their technological prowess. Chinese brands demonstrate their determination to revitalize the European market at MWC 2024, with generative AI technology becoming a hot topic. Companies like Huawei and ZTE showcase the commercial application scenarios of 5G-A, while MediaTek and Qualcomm present advancements in AIGC technology. Smartphone brands such as Honor, OPPO, and ZTE launch generative AI features, amidst a decline in smartphone shipments in the European market.