Although Europe's overall venture capital investment has slowed, its AI startups are showing vigorous vitality. This article is based on data from Balderton Capital and Dealroom, revealing the significant growth in the European AI field: 25% of European venture capital has flowed to AI start-ups this year, prompting the birth of many unicorn companies, and the total value of the AI industry has doubled in just four years. , reaching US$508 billion. This not only shows that AI start-ups, no matter what stage of development they are in, can receive sufficient financial support, but also highlights Europe's advantages in AI talent reserves and the positive impact of AI technology on improving the productivity of European companies.
Although the European AI field still relies on the US market, its active ecosystem and growing number of practitioners (a 168% increase in four years to 349,000 people) prove its strong development momentum. Data shows that AI technology is widely used, significantly improving corporate productivity and even changing work processes. However, with the rapid development of AI, the concept of "AI field" may no longer be applicable, and the method of data statistics may change in the future.
The prosperous development of the European AI field has laid a solid foundation for its continued growth in the future and has also contributed significantly to the development of the global AI industry. While challenges remain, the positive trends are encouraging and deserve continued attention.