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French AI Startups Felt Unstoppable. Then Came the Election

What's New

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French AI Startups and President Macron's Vision

President Macron's vision for France to become a leader in the AI industry is exemplified by the emergence of Mistral AI led by Arthur Mensch. The company's success and $6 billion valuation signify a validation of French genius in the AI sector. French generative AI companies have outperformed European competitors in funding. However, the AI industry in France faced uncertainty when Macron called for a snap election, causing concerns within the sector.

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