Cathay Innovation's $1B Bet On Rewiring Venture Capital For The AI Age
The new fund challenges Silicon Valley's model by focusing on collaboration that connects AI startups directly with corporate giants to transform industries rather than disrupt them in an era where 'everybody has to play.'
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La Machine #49: Microsoft AI ❤️ France
The American Tech giant released a report emphasizing all the ways it's spending €4 billion on France's AI transformation. Plus: Nvidia eyes a $1B bet on Poolside, Schneider Electric rides the data center wave, and French publishers warn of AI abuse.
Microsoft Stakes €4B Claim To Lead France's AI Transformation
The tech giant is going all-in on France’s AI future, pledging to train a million citizens, back 2,500 startups, and spread innovation beyond Paris. In a report released this week, the company highlighted partnerships, from Mistral to Danone, to demonstrate its commitment to France's AI ambitions.
La Machine #48: Probabl's Cause Takes AI From Lab to Launchpad
Scikit-learn’s creators aim to turn France’s AI research into global business with Probabl. Plus: Doctolib’s AI parenting assistant, Mistral’s new enterprise platform, France’s civil-service chatbot, OpenAI’s Paris expansion, and this week’s top AI funding rounds.
Mission Probabl: The Quest to Transform French AI Research into A Tech Champion
Scikit-learn, born at a French research institute, is one of the world’s most-used machine learning libraries. Probabl aims to turn it into a global business. Its journey reveals France’s AI potential and the structural hurdles of commercializing public research.
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Accel: AI Applications Best Bet For EU Startups To Win Against US Leviathans
Despite U.S. giants like OpenAI and Anthropic dominating headlines and fundraising, Accel’s 2025 Globalscape report finds European AI application startups reaching 66% of U.S. levels, the highest ever over the past decade.
French Tech Funding Wire November 10: Upway, nextProtein, Infinite Orbits & More!
Between Nov 3 and Nov 7, a total of 14 French Tech companies raised €129.6 million, including: Fairmat, Tsuga, CWS (Computed Wing Sails), Freeda, Avnear, CGREEN, Karavela, NOLT, Pearl, Hoora, and Goud.
Making AI Plans: How Freeda Wants To Reinvent Building Buildings
In an industry where even a two centimeter error can derail a multimillion-euro project, Freeda has raised €3.4M to bring the precision of AI to construction plans to stop costly mistakes from happening before a single brick is laid.
French Tech Wire: Upway’s Refurbished E-Bike Empire Shifts To Higher Gear
Upway raises $60M to scale its circular e-bike business. Plus: new French Tech 2030 startups, STATION F releases annual Future 40 – 2025 Edition, Mistral AI’s Montmartre HQ, and Doctolib fined.