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International Business Times
International Business Times
Business

Europe A Distant Third In Global AI Race As France's Station F Pushes To Catch Up

Europe United States China TechCrunch
French President Emmanuel Macron bumps fists with a robot during a visit at the startup campus Station F as part of an event on the sidelines of the Artificial Intelligence Action Summit in Paris, on February 11, 2025. (Credit: Aurelien Morissard/AFP)

Founded by French billionaire Xavier Niel, the world's largest startup campus, Station F, is expanding its F/ai accelerator program with a second cohort aimed at helping AI startups generate €1 million in revenue within six months.

"We'd heard quite a bit of criticism about the slow pace of commercialization of European startups," Station F director Roxanne Varza told TechCrunch. "This brings them on par with what investors are seeing in the U.S."

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