France's AI startup scene grew 38% in 2019 with government and investor backing

France's aggressive push to develop its AI ecosystem seems to be paying dividends as the number of startups continues to soar. A new report released today identified 432 AI-related startups in France, up from 312 last year and 180 back in 2016. The report was produced by Roland Berger, a global consulting firm, and France Digitale, an association that represents venture capitalist and entrepreneurs. "It's fantastic news," said Nicholas Brien, CEO of France Digitale. The report was released on the eve of the 4th annual France is AI conference that is being held Wednesday at the Station F startup campus in Paris.