In 2024, artificial intelligence is consistently front-page news. From Nvidia hitting a trillion-dollar market cap to the growing energy usage of data centres, it is the most discussed technology of our time. And it is a technology that the US dominates, with three of the most valuable AI start-ups, Anthropic, OpenAI and xAI, based there.
But here’s the confounding thing — the global race to build artificial general intelligence was initiated by a London-based start-up, DeepMind, founded in 2010 — well before Anthropic or OpenAI existed.
How did Europe lose its lead? And how can it stop that from happening again?
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