Strong U.S.-France Relationship Good for Global Economy

Though foreign companies invested primarily in production/manufacturing operations in France, last year saw many groundbreaking transactions for U.S. businesses in the French tech sector. First, Facebook made the monumental decision to choose Paris as the location for its first artificial intelligence research center outside of the U.S. But that was, by far, not the only major U.S. investment in our country. Also choosing Paris, Alexion Pharmaceuticals will bring us its first research lab outside of the U.S., dubbing it the Alexion R&D Center, Paris. And Matter, an incubator for health and e-health startups, has partnered with Paris City Council's network of health-sector incubators in order to provide easier access to the European market for American health startups, to attract European companies to Matter's home city of Chicago, and to encourage even greater interaction and collaboration between health-sector startups from our two countries.