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Pro Weekly

Pro Weekly: Europe Joins the AI Race

Arthur Mensch, founder and CEO of Mistral AI. Photo by Nathan Laine/Bloomberg via Getty Images
By
Abubakar Idris
[email protected]Profile and archive

Earlier this week, I reported one finding from combing through details of the 123 companies in our Generative AI Database: Only four of the 96 U.S.-based startups—including two of the best known, OpenAI and Anthropic—are structured as nonprofits or for-profit benefit corporations.

My dive through the database also revealed other insights, including a recent surge of generative artificial intelligence companies based in Europe. Overall, Europe is not well represented in the database. It is home to just 20 of 123 companies, including three that maintain one headquarters in Europe and a second in New York. 

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