China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts saying the release also hints at opportunity for investment minnow Europe.

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While the EU is implementing sweeping rules to ensure user safety and accountability, U.S. President Donald Trump is rolling back protections and giving more influence to the tech industry.

French AI startup Mistral, dubbed Europe's OpenAI, plans an IPO, not a sale, as it expands globally with over €1 billion raised since 2023.

Europe needs it the most,” SAP CEO Christian Klein said in response to the U.S.’ Stargate Project — a $500 billion investment in AI infrastructure.

Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.

US tech giant Nvidia lost over a sixth of its value after the surging popularity of a Chinese artificial intelligence (AI) app spooked investors in the US and Europe. DeepSeek, a Chinese AI chatbot reportedly made at a fraction of the cost of its rivals, launched last week but has already become the the most downloaded free app in the US.

European industrial stocks such as Schneider Electric and Prysmian surged on Wednesday as traders warmed up to prospects of their U.S. business after Donald Trump unveiled a new artificial intelligence (AI) investment push.

“[Operator] will be [in] other countries soon,” OpenAI CEO Sam Altman said during a livestream on Thursday. “Europe will, unfortunately, take a while,” he added, without explaining why

For now, it is only available in the United States to users on ChatGPT’s Pro subscription plan and will not be coming to Europe anytime soon. “[Operator] will be [in] other countries soon,” OpenAI CEO Sam Altman said during a livestream on Thursday.

Europe should take greater risks and plow more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.

Europe needs it the most,” SAP CEO Christian Klein said in response to the U.S.’ Stargate Project — a $500 billion investment in AI infrastructure.