Reporter’s Notebook: Europe’s Sovereign AI Push Needs Customers As Well As Capital
Crunchbase News Research Lead Gené Teare moderated panels and spoke with leaders building Europe and the Middle East’s AI ecosystems at HumanX in Amsterdam. Here we share a snippet of her conversation with Axelera AI CEO Fabrizio Del Maffeo and AI71 CPTO Mehdi Ghissassi.
Via Crunchbase News
Europe’s AI startups are attracting record sums, but funding alone won’t give the region more control over its AI future. Governments and large businesses also need to buy what those startups are building — a missing link that emerged in my conversations at last month’s HumanX conference in Amsterdam.
European AI-focused startups raised $23 billion in the first half of 2026, up 130% year over year and accounting for 55% of the region’s venture funding, according to a joint Crunchbase…
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