European Deeptech Startups Thrive Amid Competitive Landscape
In 2024, European deeptech startups, encompassing sectors such as artificial intelligence, biotechnology, and quantum computing, have raised a significant 33% of total funding in Europe, according to the latest 'State of European Tech' report by Atomico. This report highlights that over the past decade, these startups have accumulated $94 billion in funding, a figure that pales in comparison to Asia's $123 billion and the United States' staggering $300 billion. The report underscores the robust talent pool in AI across Europe, particularly in Spain, where the number of AI-related job roles has surged sixfold, reaching 30,000 active positions. Sarah Guemouri, director of Atomico, emphasizes the need for increased support from pension funds and governments to further develop Europe's growth ecosystem.
École Polytechnique Launches Ambitious Fundraising Campaign
In a bid to enhance its global competitiveness, the École Polytechnique has initiated a fundraising campaign titled 'Servir la science', aiming to raise €200 million over the next five years. The campaign, which has already secured €85 million, is part of a strategic plan designed to boost the institution's international influence and improve its infrastructure. The school plans to renovate its Palaiseau campus and diversify its training programs to attract more international talent. Additionally, the Foundation aims to address the decline in interest in scientific fields among high school graduates by leveraging AI to guide students in their educational choices, particularly in mathematics.
The Intersection of AI and Education
The École Polytechnique's initiative to use artificial intelligence to assist high school graduates reflects a growing trend of integrating technology into education. By analyzing academic data through AI, the school aims to provide personalized guidance to students, particularly targeting those who may lack confidence in their mathematical abilities. This approach not only aims to bolster the number of students pursuing STEM fields but also seeks to promote diversity and equal opportunities in education.
