March 27, 2025
The Latest VC Investment Deals in AI Startups - 2025
Discover the biggest AI funding deals of 2025, including OpenAI's $40 billion round, SoftBank's investment in Skild AI, and Meta's backing of Databricks. Explore how top AI startups are securing billions to revolutionize industries like robotics, drug discovery, and cloud computing.
In 2025, the artificial intelligence (AI) sector witnessed several significant venture capital (VC) investment deals globally. Here are some massive VC deals in AI startups, along with their announcement dates:
SplxAI Raises €6.5M to Protect AI Chatbots
- When: March 26, 2025
- Recipient Company: SplxAI
- Investors: LAUNCHub Ventures, Rain Capital, Inovo, Runtime Ventures, DNV Ventures, South Central Ventures
- Details: SplxAI raised €6.5 million to scale its security platform for AI chatbots. The platform helps organizations mitigate risks in AI agents with features like automated testing, dynamic remediation, and real-time monitoring.
- Reference: TheRecursive.com
Lumi AI Secures $3.7M Seed Financing
- When: March 26, 2025
- Recipient Company: Lumi AI
- Investors: AgFunder, Forum Ventures, ADQ, Qora71
- Details: Lumi AI, an AI platform transforming how businesses generate insights from unstructured data, raised $3.7 million in seed funding. The company plans to expand its go-to-market efforts and enhance product capabilities.
- Reference: PrivateCapitalJournal.com
Silna Health Raises $27M in Funding
- When: March 26, 2025
- Recipient Company: Silna Health
- Investors: Avenir Growth Capital, TMV, and others
- Details: Silna Health, a startup focused on improving postpartum care, secured $27 million in funding. The company offers hybrid maternal care services combining telehealth and in-person visits to reduce maternal mortality and improve outcomes.
- Reference: Finsmes.com
Nexthop AI Launches with $110M to Build AI Networking Infrastructure
- When: March 25, 2025
- Recipient Company: Nexthop AI
- Investors: Lightspeed Venture Partners, Kleiner Perkins, WestBridge Capital, Battery Ventures, Emergent Ventures
- Details: Nexthop AI emerged from stealth with $110 million to build networking hardware and software tailored for AI infrastructure. The company targets hyperscalers with solutions that enhance AI model training efficiency.
- Reference: TechStory.in
Arlo Raises $4 Million to Expand Small Business Health Plans
- When: March 2025
- Recipient Company: Arlo
- Investors: Not disclosed
- Details: Health benefits startup Arlo secured $4 million to scale its group health insurance offerings tailored for small businesses. The company focuses on affordability and ease of setup through a digital-first platform.
- Reference: Coverager.com
AI Music Remixing Platform Hook Raises $3M
- When: March 2025
- Recipient Company: Hook
- Investors: Palm Tree Crew (Kygo’s fund), The Raine Group, Waverley Capital, and others
- Details: Hook, an AI-powered music remixing app, raised $3 million to accelerate product development and expand user reach. The platform allows users to legally remix and personalize tracks using AI, targeting both casual users and creators.
- Reference: MusicBusinessWorldwide.com
Goldman Sachs Backs Value-Based Healthcare AI Copilot
- When: March 2025
- Recipient Company: Undisclosed startup
- Investors: Goldman Sachs
- Details: Goldman Sachs is backing a new AI copilot aimed at transforming value-based care in the healthcare space. The AI tool helps providers streamline billing, care planning, and patient engagement while focusing on improved outcomes.
- Reference: Dealbreaker.com
Upstart Raises $50M Investment and Lands New Bank Contracts
- When: March 2025
- Recipient Company: Upstart
- Investors: Progressive Investment Company, Healthcare of Ontario Pension Plan, First National Bank of Omaha
- Details: AI lending platform Upstart raised $50 million and announced new partnerships with three banks. The funding will support the expansion of its white-labeled lending technology and AI underwriting system.
- Reference: FintechFutures.com
YouLend Secures £4B Private Securitisation Deal with JP Morgan
- When: March 2025
- Recipient Company: YouLend
- Investors: JP Morgan
- Details: YouLend, a fintech focused on embedded financing, landed a £4 billion securitisation deal with JP Morgan. The funds will be used to provide more flexible capital to merchants across its partner platforms.
- Reference: FintechFutures.com
Orli Secures £60K for AI-Driven Mental Health Platform
- When: March 2025
- Recipient Company: Orli
- Investors: Bethnal Green Ventures
- Details: UK-based health-tech startup Orli raised £60,000 through Bethnal Green Ventures' Tech for Good program. Orli is developing an AI-powered support system to improve children’s mental health and family wellbeing.
- Reference: UKInvestorMagazine.co.uk
DRUID AI Targets €50M in New Funding Round
- When: March 17, 2025
- Recipient Company: DRUID AI
- Investors: Cipio Partners (lead), others
- Details: Conversational AI startup DRUID AI is targeting €50 million in its next funding round. The company, based in Romania, develops AI-powered virtual assistants to automate enterprise workflows and enhance customer experience.
- Reference: SeeNews.com
Tarta Labs Raises $4.5M to Develop Blockchain RPG
- When: March 2025
- Recipient Company: Tarta Labs
- Investors: Bitkraft, Spartan Group, IVC, HashKey Capital, Gam3Girl Ventures
- Details: Tarta Labs secured $4.5 million in pre-seed funding to build Spot Zero, an anime-style blockchain-based RPG. The funding will support game development and the launch of its first closed beta in April 2025.
- Reference: BlockchainGamer.biz
Perplexity Launches $50M Venture Fund for AI Startups
- When: March 2025
- Recipient AI Company: Various early-stage AI startups
- Venture Capitalist/Investor: Perplexity
- Details: Perplexity, the AI-powered search startup, is launching a $50 million venture fund aimed at investing in early-stage AI startups. The company, known for its AI-driven search engine, plans to provide financial backing and strategic support to promising AI ventures. The fund will focus on startups developing innovative AI models and infrastructure, fostering the next wave of AI advancements. This move positions Perplexity as both a leader in AI search and a key investor in the broader AI ecosystem.
- Reference: PYMNTS
Tractian Raises Series C to Eliminate Industrial Downtime
- When: March 2025
- Recipient AI Company: Tractian
- Venture Capitalist/Investor: Undisclosed investors
- Details: Tractian, an AI-powered industrial maintenance platform, has raised an undisclosed amount in its Series C round to further its mission of eliminating unplanned downtime in industrial operations. The company’s AI-driven predictive maintenance technology helps manufacturers anticipate failures before they occur, reducing operational disruptions and optimizing equipment efficiency. The new funding will be used to scale Tractian’s global reach and expand its AI capabilities, strengthening its position in the industrial automation sector.
- Reference: Tractian
Valid Picks Up $5.5M for AI-Powered Advertising
- When: February 2025
- Recipient Company: Valid
- Investors: Canaan Partners
- Details: San Francisco-based Valid, an AI-driven digital ad agency, raised $5.5 million in seed funding from Canaan Partners. The startup is leveraging AI to automate ad campaign optimization, making targeting more precise.
- Reference: Techstartup
Avandra Raises $17.75M to Expand Medical Imaging Technology
- When: February 2025
- Recipient Company: Avandra
- Investors: Undisclosed
- Details: Cleveland-based Avandra, a leader in AI-powered medical imaging, secured $17.75 million to enhance its diagnostic capabilities. Its federated data network allows hospitals and research institutions to share and analyze imaging data while preserving patient privacy.
- Reference: Techstartups.com
Perceive Pharma Snags $15M for Eye Disease Treatments
- When: February 2025
- Recipient Company: Perceive Pharma
- Investors: Undisclosed
- Details: Biotech startup Perceive Pharma landed $15 million in Series A funding to develop small-molecule treatments for eye diseases. The company is working on therapies aimed at slowing or reversing degenerative vision conditions.
- Reference: Techstartups.com
Lumotive Secures $45M for Optical Chip Technology
- When: February 2025
- Recipient Company: Lumotive
- Investors: Undisclosed
- Details: Optical semiconductor startup Lumotive pulled in $45 million in a Series B round. The company is developing programmable optical chips that could improve automotive sensing, consumer electronics, and augmented reality experiences.
- Reference: intellizence.com
Terra CO2 Picks Up $82M for Greener Construction Materials
- When: February 2025
- Recipient Company: Terra CO2
- Investors: Undisclosed
- Details: Green tech startup Terra CO2 raised $82 million in a Series B round to expand the production of sustainable alternatives to traditional cement and concrete. As construction companies face mounting pressure to cut emissions, Terra CO2 is offering solutions that lower environmental impact while maintaining durability.
- Reference: Wesleyan
Augury Lands $75M to Improve Industrial AI
- When: February 2025
- Recipient Company: Augury
- Investors: Lightrock
- Details: Augury, an industrial AI startup, locked in $75 million from Lightrock to expand its predictive maintenance and process optimization capabilities. By analyzing machine health data, Augury helps manufacturers prevent costly equipment failures and optimize production lines.
- Reference: techstartups.com
Lambda Labs Secures $480 Million in Series D Funding
- When: February 2025
- Recipient Company: Lambda Labs
- Investors: Undisclosed
- Details: Lambda Labs, a provider of GPU cloud services for AI development, has raised $480 million in a Series D funding round. The investment aims to expand the company's infrastructure to meet the growing demand for AI training and deployment resources. Lambda's services are increasingly adopted by AI research labs and enterprises, with demand outpacing available GPU supply.
- Reference: intellizence.com
Singulr AI Raises $10 Million to Enhance AI Governance
- When: February 2025
- Recipient Company: Singulr AI
- Investors: Nexus Venture Partners, Dell Technologies Capital
- Details: Palo Alto and Pune-based Singulr AI secured $10 million in funding to help enterprises scale AI adoption securely and cost-effectively. The company's AI governance platform prevents data leaks, eliminates redundant AI expenses, and ensures compliance across industries.
- Reference: entrepreneur.com
Lightstorm Secures $85 Million for Cloud Networking Expansion
- When: February 2025
- Recipient Company: Lightstorm
- Investor: NIIF Infrastructure Finance Limited (NIIF IFL)
- Details: Lightstorm, a cloud networking startup serving hyperscalers, cloud-native firms, and large enterprises in the Asia-Pacific region, has raised $85 million. The funding aims to enhance secure, scalable connectivity across cloud and data centers.
- Reference: entrepreneur.com
Baseten Banks $75M for AI Deployment Tools
- When: February 2025
- Recipient Company: Baseten
- Investors: Undisclosed
- Details: San Francisco-based Baseten, an AI inference and deployment platform, secured $75 million in Series C funding. The company streamlines AI model deployment for businesses, reducing time and technical overhead.
- Reference: CNBC
AI-BOB Secures €2 Million to Revolutionize Construction Compliance
- When: February 14, 2025
- Recipient AI Company: AI-BOB
- Venture Capitalist/Investor: Led by CapitalT, with participation from NCA and strategic angel investors
- Details: Swedish construction tech startup AI-BOB has raised €2 million to enhance its AI-powered compliance solutions for the construction industry. Founded in 2024 by CEO Elin Mårtensson and her team, AI-BOB leverages artificial intelligence to analyze construction blueprints, ensuring regulatory compliance and minimizing costly design errors. The investment, led by CapitalT with participation from NCA and angel investors, will support product development and international expansion. Prior to this round, AI-BOB secured €430,000 in early funding from EB Invest and the Norrsken Foundation. The company has already signed three global clients, underscoring demand for its precision-driven compliance solutions. AI-BOB’s platform aims to improve cost efficiency, sustainability, and regulatory adherence in construction projects.
- Reference: TechFundingNews
Databricks Reaches $62 Billion Valuation in Record VC Round
- When: February 14, 2025
- Recipient AI Company: Databricks
- Venture Capitalist/Investor: Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management
- Details: Databricks, an AI startup, has achieved a valuation of $62 billion following a record-setting venture capital funding round. The company's growth is attributed to its data analytics platform, which has seen widespread adoption across various industries. This significant valuation underscores the increasing demand for AI-driven solutions in the market.
- Reference: The Hindu
Fuel Venture Capital Invests $4.5 Million in Female-Led Aracor AI
- When: February 14, 2025
- Recipient AI Company: Aracor AI
- Venture Capitalist/Investor: Fuel Venture Capital
- Details: Fuel Venture Capital has invested $4.5 million in Miami-based Aracor AI during its pre-seed funding round. Founded in 2023 by CEO Katya Fisher and a team of experienced attorneys and technologists, Aracor AI aims to revolutionize legal operations by providing AI-powered tools that enhance accuracy, efficiency, and security in complex transactions. The investment will be allocated to product development, international expansion, scaling operations, and bolstering security measures. Early adopters, including leading private equity and venture capital funds, have reported significant cost savings and reduced reliance on external legal counsel by utilizing Aracor AI's platform.
- Reference: Techfundingnews
EnCharge AI Secures $100 Million in Series B Funding
- When: February 13, 2025
- Recipient AI Company: EnCharge AI
- Venture Capitalist/Investor: Led by Tiger Global, with participation from Samsung Ventures, HH-CTBC, In-Q-Tel, RTX Ventures, and others
- Details: EnCharge AI, a startup developing analog in-memory computing AI chips, has closed an oversubscribed $100 million Series B funding round. The investment, led by Tiger Global, aims to advance the commercialization of EnCharge's AI accelerator solutions, which promise unprecedented efficiency for client computing. The technology is designed to reduce energy consumption for AI workloads, enabling new AI applications beyond traditional data centers.
- Reference: Businesswire
Latent Labs Raises $50 Million to Advance AI-Driven Protein Design
- When: February 13, 2025
- Recipient AI Company: Latent Labs
- Venture Capitalist/Investor: Co-led by Radical Ventures and Sofinnova Partners
- Details: Latent Labs, founded in 2023 by Dr. Simon Kohl, a former senior research scientist on DeepMind's AlphaFold2 project, has secured $50 million in funding. The investment, co-led by Radical Ventures and Sofinnova Partners, aims to develop AI-driven research platforms that enable scientists to computationally identify and design new proteins. This technology seeks to create a new generation of drugs with higher success rates in clinical trials and regulatory approval.
- Reference: Tech Funding News
TITAN Group Increases Investments in AI, Waste Upcycling, and PropTech
- When: February 12, 2025
- Recipient AI Companies: C2CA Technology, Concrete.ai, OptimitiveVenture
- Capitalist/Investor: TITAN Group
- Details: TITAN Group has expanded its venture capital portfolio by investing in startups specializing in artificial intelligence, waste upcycling, and property technology. The investments include C2CA Technology, focusing on waste concrete upcycling; Concrete.ai and Optimitive, which are pioneering digital transformation in cement and concrete manufacturing. These strategic moves align with TITAN's goals of enhancing digitalization, innovation, and sustainability within the industry.
- Reference: constructionworld
OpenAI's $40 Billion Funding Round
- When: January 30, 2025
- Recipient AI Company: OpenAI
- Venture Capitalist/Investor: Led by SoftBank, with participation from other investors
- Details: OpenAI is in discussions to raise up to $40 billion in a new funding round, potentially valuing the company at up to $300 billion. SoftBank is expected to lead the round with an investment of between $15 billion and $25 billion, while the rest of the funding would come from other investors. This new valuation represents a significant increase from OpenAI's previous valuation of $157 billion in October 2024. The raised funds will support OpenAI's $18 billion commitment to Stargate, a joint venture to build data centers in the U.S., and to cover its operational expenses. If successful, this round would make OpenAI the world's second-most valuable startup, following SpaceX.
- Reference: Reuters
Qraft Technologies Secures $146M from SoftBank
- When: January 2025
- Recipient Company: Qraft Technologies
- Investors: SoftBank Group
- Details: AI-focused fintech Qraft Technologies received a $146 million investment from SoftBank to scale its AI-powered asset management solutions. The company offers algorithmic trading strategies and tools for institutional investors.
- Reference: FintechFutures.com
SoftBank's Investment in Skild AI
- When: January 28, 2025
- Recipient AI Company: Skild AI
- Venture Capitalist/Investor: SoftBank
- Details: SoftBank led a funding round for AI robotics startup Skild AI, raising the company's valuation to nearly $4 billion. Founded in Pittsburgh in 2023, Skild AI specializes in developing scalable foundation models for robotics, focusing on enabling safe and dexterous human-robot interactions.
- Reference: Yahoo Finance
Reid Hoffman's Launch of Manas AI
- When: January 27, 2025
- Recipient AI Company: Manas AI
- Venture Capitalist/Investor: Reid Hoffman, Siddhartha Mukherjee
- Details: LinkedIn co-founder Reid Hoffman, in collaboration with cancer researcher Siddhartha Mukherjee, launched Manas AI with an initial funding of $24.6 million. The startup focuses on AI-driven drug discovery, initially targeting cancers such as breast cancer, prostate cancer, and lymphoma to accelerate treatment development.
- Reference: WSJ
Databricks' $10 Billion Funding Round
- When: January 22, 2025
- Recipient AI Company: Databricks
- Venture Capitalist/Investor: Led by Thrive Capital, with participation from Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management
- Details: Databricks raised $10 billion at a $62 billion valuation, marking the largest venture capital raise of 2024 and one of the largest on record. The company plans to use the new funds to develop new AI products, acquisitions, international expansion, and provide liquidity for current and former employees.
- Reference: TechCrunch
Perplexity AI's $500 Million Funding Round
- When: January 18, 2025
- Recipient AI Company: Perplexity AI
- Venture Capitalist/Investor: Not specified
- Details: Perplexity AI closed a $500 million funding round, increasing its valuation to $9 billion. The company plans to introduce advertisements on its search platform by the fourth quarter of 2024, signaling its expansion into monetization strategies.
- Reference: Business Insider
Anthropic's $2 Billion Funding Round
- When: January 7, 2025
- Recipient AI Company: Anthropic
- Venture Capitalist/Investor: Lightspeed Venture Partners, Amazon (existing backer)
- Details: Anthropic, a leading AI research company, entered advanced discussions to raise $2 billion, which could push its valuation to $60 billion. The funding round is led by Lightspeed Venture Partners, reinforcing Anthropic's position as a major competitor in the AI space.
- Reference: TechCrunch
KoBold Metals' $537 Million Raise
- When: January 1, 2025
- Recipient AI Company: KoBold Metals
- Venture Capitalist/Investor: Durable Capital Partners LP, T. Rowe Price
- Details: KoBold Metals, a U.S.-based mining startup using AI to discover mineral deposits, raised $537 million in a funding round co-led by Durable Capital Partners LP and T. Rowe Price. With a valuation of $2.96 billion, KoBold aims to reduce reliance on China for critical metals like copper, lithium, and nickel.
- Reference: Bloomberg
Conveo Secures $5.3M to Scale AI Research Coworker
- When: December 2024
- Recipient AI Company: Conveo
- Venture Capitalist/Investor: Undisclosed investors
- Details: Belgian AI startup Conveo has raised $5.3 million to scale its AI-powered research coworker solution across the US and Europe. Conveo’s technology assists researchers in data analysis, literature reviews, and knowledge synthesis, enhancing productivity in scientific and corporate research environments. The new funding will fuel product development and market expansion, positioning Conveo as a key player in AI-driven knowledge work automation.
- Reference: TechFundingNews
FortyTwo Secures $2.3M to Build a Peer-to-Peer AI Network
- When: December 2024
- Recipient AI Company: FortyTwo
- Venture Capitalist/Investor: Undisclosed investors
- Details: FortyTwo, a startup building a decentralized peer-to-peer AI network, has raised $2.3 million to challenge dominant AI players like OpenAI, Anthropic, and DeepSeek. The company aims to create a distributed AI ecosystem where users contribute computing power to train and run AI models, promoting decentralization and reducing reliance on large-scale cloud providers. The funding will help accelerate development and expand FortyTwo’s network infrastructure.
- Reference: TechFundingNews
Liquid AI Raises $250M to Develop More Efficient AI Models
- When: December 2024
- Recipient AI Company: Liquid AI
- Venture Capitalist/Investor: Undisclosed investors
- Details: Liquid AI, a startup focused on developing more efficient AI models, has secured $250 million in funding. The company aims to reduce the computational demands of AI models while maintaining high performance, potentially lowering costs and energy consumption. This investment will accelerate research and development, allowing Liquid AI to refine its novel approach to AI efficiency. The funding round highlights growing investor interest in optimizing AI infrastructure to make it more sustainable and scalable.
- Reference: TechCrunch
Jeff Bezos Backs AI Chipmaker Tenstorrent
- When: December 2024
- Recipient AI Company: Tenstorrent
- Venture Capitalist/Investor: Jeff Bezos, alongside other investors
- Details: AI chip startup Tenstorrent has secured backing from Jeff Bezos as part of its latest funding round. The company specializes in developing high-performance AI chips aimed at competing with industry giants like NVIDIA. With this investment, Tenstorrent plans to accelerate its chip production and expand its market presence in the AI hardware space. The funding underscores growing interest in AI-specific semiconductor solutions as demand for AI computing power continues to rise.
- Reference: TechCrunch
World Labs' $230 Million Funding Round
- When: 2024
- Recipient AI Company: World Labs
- Venture Capitalist/Investor: Investors include Salesforce co-founder and CEO Marc Benioff, Adobe Ventures, AMD Ventures, Databricks Ventures, NVentures, Salesforce Ventures, Ashton Kutcher, Anne Wojcicki, Susan Wojcicki, Reid Hoffman, and others
- Details: World Labs, dedicated to large world models (LWMs) for bringing AI from 2D to 3D, emerged from stealth in 2024 and has raised more than $230 million in funding. The company's technology can generate 3D environments from a single image for movies, games, simulators, and other use cases.
- Reference: Crunchbase
CoreWeave's $650 Million Credit Facility
- When: October 11, 2024
- Recipient AI Company: CoreWeave
- Venture Capitalist/Investor: Goldman Sachs, JPMorgan Chase, and Morgan Stanley
- Details: CoreWeave, a cloud-computing startup specializing in GPU infrastructure for AI developers, secured a $650 million credit line to expand its operations and data centers. The financing, led by Goldman Sachs, JPMorgan Chase, and Morgan Stanley, will support the company's scaling efforts amid increasing demand for AI computing power.
- Reference: CNBC
Crescendo.ai's $50 Million Series C Funding Round
- When: October 2, 2024
- Recipient AI Company: CrescendoAI Inc.
- Venture Capitalist/Investor: General Catalyst, Celesta Capital, Alorica, and several angel investors
- Details: Crescendo, a pioneer of augmented AI in the customer service industry, secured a $50 million Series C funding round, valuing the company at $500 million. The company offers an AI-powered customer support service that eliminates the need for companies to establish their own contact centers. Its AI assistant handles simple inquiries, while more complex requests are directed to Crescendo's customer service professionals. The platform supports multiple customer service use cases, including product inquiries, troubleshooting, shipping updates, and return processing. Additionally, Crescendo announced the acquisition of PartnerHero, a business services provider specializing in customer support solutions.
- Reference: BizJournals
OpenAI's $6.6 Billion Funding Round
- When: October 2, 2024
- Recipient AI Company: OpenAI
- Venture Capitalist/Investor: Not specified
- Details: OpenAI raised $6.6 billion in a new funding round, bringing its valuation to approximately $157 billion. The funds will be used to bolster OpenAI’s leadership in frontier AI research and increase its compute capacity, reinforcing its position as a dominant player in the AI industry.
- Reference: WSJ
Briink Secures €3.85 Million to Enhance ESG Data Verification with AI
- When: September 30, 2024
- Recipient AI Company: Briink
- Venture Capitalist/Investor: Not specified
- Details: Berlin-based AI startup Briink has raised €3.85 million in seed funding to support its mission of assisting Environmental, Social, and Governance (ESG) teams in streamlining sustainability data verification through AI. The funds will be used to enhance Briink's platform, improving the accuracy and efficiency of ESG data verification processes.
- Reference: Tech Funding News
Harvey's $100 Million Series C Funding Round
- When: July 2024
- Recipient AI Company: Harvey
- Venture Capitalist/Investor: GV, OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil, SV Angel
- Details: Harvey, an AI startup developing legal technology solutions, raised $100 million in a Series C funding round. The financing, led by GV with participation from OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil, and SV Angel, valued the company at $1.5 billion. Harvey's AI-powered tools aim to enhance efficiency for legal professionals.
- Reference: Law.com
Mistral AI's €600 Million Series B Funding
- When: June 2024
- Recipient AI Company: Mistral AI
- Venture Capitalist/Investor: Not specified
- Details: Mistral AI, a French AI startup specializing in open-weight large language models, secured €600 million in a Series B funding round. The investment increased the company’s valuation to €5.8 billion, positioning Mistral AI as a key player in the European AI landscape.
- Reference: Reuters
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