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Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events. Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable…
The OCCRP reports Bankera’s founders channeled around half of the $114 million the firm raised in its 2018 ICO to a Vanuatu bank to buy real estate in France and Lithuania. The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to…
When Twin came out of stealth in January 2024, AI agents were more of a theoretical concept than a reality. Today, the Paris-based is releasing an automation agent in partnership with Qonto, the fintech startup that offers business bank accounts to more than 500,000 customers across Europe. If you want to automate repetitive tasks, there…
French VC firm Daphni is announcing the first closing of its new fund, Daphni Blue. The firm has raised €200 million (around $215 million at current exchange rates). It expects to raise as much as €250 million ($270 million) by the end of the year. Some of Daphni’s most remarkable past investments include Back Market,…
Pruna AI, a European startup that has been working on compression algorithms for AI models, is making its optimization framework open source on Thursday. Pruna AI has been creating a framework that applies several efficiency methods, such as caching, pruning, quantization and distillation, to a given AI model. “We also standardize saving and loading the…
The group reiterated its commitment to freedom of speech and promoting privacy-enhancing technologies that empower the individual. The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov’s passport as a win for freedom of speech, online privacy, and innovation. According to the AFP news agency, Durov left France…
Meta is facing an AI copyright publisher lawsuit in France accusing it of economic “parasitism,” Reuters reports. The French litigation was filed in a Paris court this week by the National Publishing Union (SNE), the National Union of Authors and Composers (SNAC), and the Society of People of Letters (SGDL), which are accusing Meta of…
Medical imaging is a broad term that encompasses several distinct technologies. After working on AI-powered tools to enhance X-rays and mammographies, French startup Gleamer now aims to tackle magnetic resonance imaging (MRI). Instead of starting from scratch, Gleamer has acquired two startups that have already been working on AI-powered MRI analysis: Pixyl and Caerus Medical….
Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low. However, the recent…
All eyes were on French President Emmanuel Macron at the end of the first day of the Artificial Intelligence Action Summit in Paris after he annouunced a €109 billion investment package (around $112 billion at current exchange rates) in the French AI ecosystem on Sunday evening. He reiterated this financial commitment from private partners willing…