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Fortune

Ryan Hogg

How Europe’s tech-shy Fortune 500 is embracing AI

Fortune European Union Europe Matt Brittin Florian Mueller United States Mario Draghi Mark Read EMEA Evident

Google's EMEA business and operations president Matt Brittin gives an interview during the 2017 Web Summit in Lisbon on November 9, 2017. (Credit: PATRICIA DE MELO MOREIRA—AFP/Getty Images)

Europe’s biggest companies are predominantly found in “old” industries. It’s a trend we first spotted last year in our inaugural Fortune 500 Europe list, where the top 10 is dominated by fossil fuel giants as well as companies in the automotive and finance sectors.

That doesn’t compare favorably with the U.S. list, where dynamic tech and pharmaceutical businesses grapple for the top spot alongside retail groups, or even hybrids of tech and retail, namely Amazon.

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