The blend of highly-skilled talent, increasedgovernment support, and growing investment streams has created fertile ground forstartups.
Mistral, the sectors darling, is barely a year old and already reportedly seeking a$6bn valuation.
The raise comes just months after the companys inception.
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The French President decried that landscape.
We need much more European big players, and I think Mistral AI can be one of them.
Yet he acknowledged that France still lags behind the US for innovation and entrepreneurship.
To address this, Macron hascut red tape,loosened labour protections, andreduced taxeson the wealthy.
Macron has also committed to a pan-European AI strategy.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
