FundTech Awards 2020 - Winners funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.
France looks to protect AI startups
The French government is leading efforts to keep hold of the country’s artificial intelligence (AI) startups and deter them from moving overseas.
The efforts, detailed in the latest issue of the Fundtech report, have come in the wake of a pandemic that has impacted the cash flow of startups and also at a time when the funds industry is looking to hire more data scientists.
There are currently more than 450 AI-based startups registered in France, many of them in financial services and the asset management market in particular. One of them, SESAMm, was awarded the most innovative company of the year in the inaugural FundTech Awards for its combination of AI, machine learning and natural language processing (NLP).
How France hangs on to its tech talent
Nicholas Pratt looks at how this is done.
France has emerged as one of the fastest-growing jurisdictions for artificial intelligence (AI) fintechs thanks to a combination of government support, financial services sponsorship and a healthy pipeline of AI-minded graduates.
But while resources have gone into creating a steady flow of AI start-ups, the focus is now turning to the best way to ensure the start-ups stay in France and that graduates are not tempted away to more lucrative offers overseas.
There are currently more than 450 AI-based start-ups registered in France, many of them in financial services and the asset management market in particular.
How France hangs on to its tech talent
Nicholas Pratt looks at how this is done.
France has emerged as one of the fastest-growing jurisdictions for artificial intelligence (AI) fintechs thanks to a combination of government support, financial services sponsorship and a healthy pipeline of AI-minded graduates.
But while resources have gone into creating a steady flow of AI start-ups, the focus is now turning to the best way to ensure the start-ups stay in France and that graduates are not tempted away to more lucrative offers overseas.
There are currently more than 450 AI-based start-ups registered in France, many of them in financial services and the asset management market in particular.
FundTech Winter 2020 | Funds Europe funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.