AI startups as innovation drivers

This is a clear sign that we need a European AI ecosystem rather than several ones at the level of individual countries. But so far, the continent is missing a clear strategy on how to achieve this. Even some of the most economically important sectors in Europe, like energy, automotive or agriculture, are currently underrepresented in the overall distribution of startups. European companies are top notch in technologies such as robotics, the Internet of Things (IoT) or self-driving cars, but, in comparison to other countries, the number of correspondent startups in Europe is low. This shows that mature European industries struggle to adapt to the next key technology trends – a must, if they want to maintain their leadership position.