‘It’s just a matter of time’: why AI could help Europe create its own Apple or Google

  • October 28, 2023
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Silicon Valley overshadows its transatlantic rivals. But as artificial intelligence grows – and with a global summit on it this week – some think it could offer a Euro startup the chance to become a new Google

Arthur Mensch is one of a new generation of entrepreneurs hoping to solve a longstanding problem with the European economy: its failure to produce a Silicon Valley-style tech behemoth.

The 31-year-old Frenchman is chief executive of Mistral, a startup that achieved a €240m (£206m) valuation in its first round of financing – four weeks after it was founded. And he believes artificial intelligence (AI) will be the great leveller, putting Europe on a par with its previously uncatchable competitors across the Atlantic.

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