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TechCrunch
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AI startups attracted 25% of Europe’s VC funding
- 25% of VC funding into Europe, approximately $13.7 billion, went to AI startups this year.
- European AI companies have doubled in value in four years, reaching $508 billion.
- 349,000 people were employed by AI companies in Europe this year, a 168% increase since 2020.
- Adoption of AI is expected to continue increasing, but the notion of a separate 'AI sector' is diminishing.
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