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The Hottest Startups in Paris in 2024
The French capital has become the home of Europe's growing AI industry—but alongside giants like Mistral are startups building EV charging infrastructure and trying to revolutionize social media.
With 27 million downloads from public repositories, Mistral’s clients (such as telecoms company Orange, and Hugging Face) use the startup’s models to personalize promotional messages or power their own virtual assistants. “We’ve been promoting open source as the one way to make the technology go faster and be safer because there’s more scrutiny on it,” CEO Mensch told CNBC in a rare interview, adding Europe is at a turning point in its race to compete with tech superpowers. Although it’s unclear if the company has any clients—or even products—yet, its elusive co-founder and CEO, Charles Kantor (a former venture resident at Stanford University), has promised his team are developing “full” artificial general intelligence or AGI that would “boost the productivity of workers”.
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