Europe is strong in AI, but needs to step up its game

Oliver Molander, a co-founder of Validio and now angel investor among other things, shared his notes about AI/ML from a startup and investor perspective from the Lattitude59 conference. It is a good read. Some of the points Oliver made.

  • Regulating LLMs completely is like trying to regulate SQL.
  • “I’m not saying regulation is bad. I’m saying that bad regulation isn’t good”.
  • …data is the key differentiator when building high-performing Foundation Models/LLMs. Not the size.
  • Most importantly; Europe should be an AI powerhouse when looking from the outside. … It’s worth noting how strong France is.
  • As an asset class, VC has to remember its role both when it comes to the power-law nature of the business and backing transformational technologies.

Especially the point that France is an AI powerhouse is something I think many in the Nordics have missed.

Author: Henrik Torstensson

Partner at Alliance VC. Investing in Nordic early-stage tech startups.

Leave a Reply