Paris Rises as AI Powerhouse with Over 500 New Startups in 2024

France has recorded a dramatic surge in artificial intelligence startups, positioning Paris as a leading European AI hub. According to a government report, more than 500 AI-focused startups launched in 2024, supported by public investment and private VC funding.

President Emmanuel Macron has called this tech boom “a strategic opportunity for European sovereignty in AI.” Major sectors benefiting include healthcare, logistics, and defense.

Indian tech firms and South Asian governments are closely watching this development, with some already engaging in partnerships with French AI labs to advance local innovation in the region.