The Innovator's Radar newsletter enables you to stay on top of the latest business innovations. Enjoy this week's edition. Jennifer L. Schenker Innovator Founder and Editor-in-Chief |
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The key takeaway from the AI Action Summit in Paris is not that the U.S. did not sign the final declaration: it is the emergence of a new AI bloc comprised of Europe and much of the rest of the world, built around open source. Some 58 of the countries attending the summit - which together represent one half of the global population - signed a statement committing to promoting AI accessibility to reduce digital divides; ensuring AI is open, inclusive, transparent, ethical, safe, security and trustworthy; avoiding market concentration; and making AI sustainable for people and planet. During the Summit leaders expressed concern about concentration of power in the hands of a few AI companies and the need for guardrails around the technology’s development, said Philippe Huberdeau, the French Government’s Secretary General of Scaleup Europe-AI Action Summit. This is fueling search for an alternative AI model which is trustworthy and community driven and is leading countries to accept that there is much to be gained by working together on what Anne Bouverot, the French President's Special Envoy for the AI Action Summit, calls an AI Commons. |
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- I N T E R V I E W O F T H E W E E K - |
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Who: Mark Surman is President of Mozilla, a global nonprofit-backed technology company that does everything from making Firefox to advocating for a more open, equitable Internet, His current focus is ensuring the various Mozilla organizations work in concert to make trustworthy AI a reality. He was a speaker at the Tony Blair Institute for Global Change’s “Governing in the Age of AI” event in Feb. 9 in Paris and an attendee at the AI Action Summit February 10 and 11. Topic: How countries and companies can use open source AI to obtain economic positioning and growth. Quote: " I really hope that companies and countries outside the U.S. and China find common cause around open source AI and build their own industries and infrastructure on top. Sovereignty through collaboration is how to achieve both cultural and economic success, otherwise countries are going to end up as branch plants of the West Coast of America and China." |
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- S T A R T U P O F T H E W E E K - |
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French AI unicorn Mistral AI, which played a starring role at the AI Action Summit in Paris February 11-12, arguably grabbed more headlines than any other upstart in Europe in the past week. Technology developed by the company, which is positioning itself as a trustworthy open source alternative to the U.S.’s OpenAI and China’s DeepSeek, is being integrated into consumer phones, the European Space Agency, government offices, corporate networks and European defense systems. |
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- N U M B E R O F T H E W E E K - |
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Amount of money Generative AI could add to the European economy by 2030. Some 56% of potential productivity gains are from four sectors: construction and real estate, professional services, transportation and advanced manufacturing, according to a McKinsey chart cited in An Ambitious Agenda For European AI, a report published this week by General Catalyst, during the AI Action Summit. |
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The Innovator's Editor-in-Chief Will Be Moderating At The Following Events: Hello Tomorrow Global Summit March 13-14, Paris, France Sparks Innovation Summit, March 28, Tel Aviv, Israel |
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