Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.

Will artificial intelligence save humanity — or destroy it? Lift up the world’s poorest — or tighten the grip of a tech elite? Jensen Huang, the global chip tycoon, offered his opinion on Wednesday: neither dystopia nor domination.

Absence makes the heart grow fonder — and that seems to be the case with European demand for funds that invest in artificial intelligence. According to Morningstar, the largest market for funds that invest in AI and big data are in Europe,

How AI, regulatory reform, and cultural diversity could help European startups challenge Silicon Valley's dominance.

Nvidia and AI search firm Perplexity said they are joining hands with model builders and cloud providers across Europe and the Middle East to refine sovereign large-language models (LLMs) and accelerate enterprise AI uptake in local industries.

From generative AI to autonomous vehicles, European tech startups are breaking new ground — and grappling with the challenges posed by US tariffs, hostility to the continent's regulatory regime and fierce competition from China.

Together AI has said it is also deploying its inference stack on hyperscalers, including AWS. On its website, the company says it has access to data centers and power in 25+ cities – including 150MW in Europe across the UK, Iceland, France, Portugal, Spain, and Germany.

The EU is pushing back against the dominance of US-based cloud providers. Balancing sovereignty and innovation will require a comprehensive strategy.

The establishment of the new entity follows G42's increasing presence in Europe, which includes recent announcements of data centres and compute clusters in France and Italy.

From AI to blockbuster weight-loss drugs, Europe’s forward-thinking companies punch above their weight. For the first time, Fortune analyzed the top companies across the continent in partnership with Statista to find the standouts that are driving progress with success.