
Paris tops Europe's AI cities index with €109B state backing
Paris edged London in The Observer's AI Cities Index, driven by strong public investment and Mistral AI's €1.7B raise.
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Paris edged London in The Observer's AI Cities Index, driven by strong public investment and Mistral AI's €1.7B raise.

Paris ranks 5th globally, surpassing London, with Mistral AI's €21B valuation and strong state funding driving its AI leadership.

Accel has raised $3.5 billion to invest in early-stage AI startups across the globe, according to Bloomberg.