Artificial intelligence in Europe: over 1,150 companies and €1.4 billion funding in 2016

Artificial intelligence (AI) will soon be part of nearly every company's technology stack (proprietary or not) and ingrained in every industry. It is therefore becoming increasingly difficult (and senseless) to draw the line between AI and non-AI. But while we still can, it is interesting to reflect on the state of Artificial Intelligence in Europe. Of them over 525 companies are VC funded. In 2016, 330 AI related companies got funded, an increase of 25%. Total European funding in 2016 exceeded €1.4 billion, an increase of 26%.