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2023-11-28 14:48:01
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Surge of AI Talent in Europe Surpasses the United States
Over the past decade, the number of professionals in the European artificial intelligence sector has surged by 1000%, making it a hub for highly skilled talent. In 2023, European AI companies successfully raised 11 rounds of funding exceeding $100 million, driving the rise of startups. Once European startups secure seed investment, their chances of reaching a valuation of $1 billion are comparable to those in the United States, calling for better institutional investment channels. The European tech environment is more stable, creating greater certainty, predictability, and overall confidence in the ecosystem.