?? La Machine #4: This Week In French AI Funding + News ??

?? La Machine #4: This Week In French AI Funding + News ??

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Edito

As part of a bill introduced by the French government dubbed la loi de simplification de la vie économique , the nation's data protection agency Commission nationale de l'informatique et des libertés (CNIL) is set to see its power to regulate Artificial Intelligence greatly expanded.

Last week, the French Senate passed the bill which now goes on to the National Assembly for consideration. The bill attempts to encourage more innovation in health and research and charges the CNIL with defining the process. The bill wants the agency to ensure "a balance between data protection and the purposes of public interest...in particular as regards the development of research in the field of health."

The bill would also empower CNIL - Commission Nationale de l'Informatique et des Libertés to "promote innovation in artificial intelligence that respects the right to privacy and the protection of personal data. It takes into account, in all areas of its action, the challenges of innovation...the fair consideration of the innovation challenges associated with the processing of personal data, in particular in the field of algorithms and artificial intelligence.

By focusing on the ethical use of data, France seeks to position itself as a leader in AI, where the balance between data privacy and public interest becomes ever more critical.

Whether France can strike the right balance will likely have a big impact on its dreams of being an AI leader.


Headlines

??? LightOn Files For IPO | The Paris-based GenAI company has been approved by financial regulators to list on the Euronext Growth stock exchange. The filing is small, with the company only planning to raise €10 million at a €50 million valuation. Still, it marks a symbolic recognition of the company's success and the evolution of France's GenAI economy. | Sifted , LightOn

??? France Chooses HP and Orange for Military AI Supercomputer | The Ministry of the Armed Forces will acquire a supercomputer for its artificial intelligence agency (Amiad) from Hewlett-Packard and Orange, rejecting a bid by French computer group Atos. Government officials said that while sovereignty remains an important issue, most of the critical components would come from Nvidia in either case. | Le Figaro

??? French Town Offers ChatGPT Subscriptions to Seniors to Close the Digital Divide | A small town in France is taking a unique approach to bridging the digital divide among its elderly population by offering ChatGPT subscriptions. This initiative aims to help older residents access technology and participate in the digital world, providing them with support to learn and use AI tools. By integrating ChatGPT into their daily lives, seniors can engage with digital platforms, ask questions, and gain assistance with various tasks, fostering inclusivity and digital literacy within the community. | Euronews

??? AWS Skills-to-Jobs Tech Alliance Launches in France | Amazon Web Services (AWS) has announced the launch of the AWS Skills-to-Jobs Tech Alliance in France, an initiative designed to address the country's growing need for cloud and AI expertise. This program will offer training and certification in cloud and AI technologies, aiming to equip the workforce with essential skills to meet industry demand. Through collaboration with educational institutions, private companies, and government agencies, the alliance seeks to connect learners with job opportunities, helping build a robust pipeline of cloud and AI talent in France. | AWS Public Sector Blog


AI Arms Race: France Wants To Be A Data Center Paradise

France lags in data center infrastructure. The government wants to change that to boost its AI ambitions.

Read more here

Microsoft In France: CEO Satya Nadella Details AI Agenda

微软 is trying to expand its footprint in the country through a mix of bit investments and programs tailored specifically to France's language, culture, and political priorities.

Read more here

Meet The 15 French Startups Picked For Microsoft's GenAI Studio

The first batch includes companies focused on climate, security, marketing, sales, health, and productivity.

See the list


AI Funding

?? Company: Ramdam

?? Description: AI to automate the production of content.

?? Website: https://ramd.am

?? HQ City: Paris

?? Round: EARLY VC

?? Amount raised: €3.0M

?? Investors: Bpifrance; Paris Region Venture Fund; The Moon Venture; Data Tech Fund

???????? Founders: Emmanuel Lemoine ; Xavier de Baillenx

??? News: https://www.frenchweb.fr/ramdam-leve-3-millions-deuros-pour-automatiser-la-creation-de-contenus-publicitaires-viraux/449645


?? Company: Letxbe

?? Description: AI for document management

?? Website: https://letxbe.ai ??

HQ City: Paris ??

Round: SEED ??

Amount raised: €1.2M

?? Investors: Takara Capital; Holnest

???????? Founders: Pierre Magrangeas

??? News: https://www.frenchweb.fr/letxbe-leve-13-million-deuros-pour-developper-la-gestion-documentaire-dans-les-secteurs-complexes/449613


?? Company: Okomera

?? Description: AI platform for identifying therapeutic targets.

?? Website: https://www.okomera.com/

?? HQ City: Paris

?? Round: Grant

?? Amount raised: €1.5M

?? Investors: Bpifrance

???????? Founders: Sidarth Radjou

??? News: https://techfundingnews.com/advantage-fungiball-fantasy-tennis-platform-serves-up-e2-2m-pre-seed-round/


?? Company: Linkbycar

?? Description: Platform enhanced with artificial intelligence that allows behavioral prediction of motor vehicles and the individuals who use them.

?? Website: https://linkbycar.com/

?? HQ City: Paris

?? Round: Seed

?? Amount raised: €2.5m (including €1.1m debt)

?? Investors: Ethias Ventures, Leansquare, Business Angels

???????? Founders: Charles CAGNON , Saidou Soumare , Ahmed Salem Soumare

??? News: https://www.dhirubhai.net/posts/linkbycar_levaezedefonds-linkbycar-connectedcar-activity-7254885587847954432-7UCY ?


?? Company: Ai4Dental (developed by Aiway)

?? Description: AI-based productivity tools for orthodontic laboratories.

?? Website: https://www.ai4dental.com

?? HQ City: Aix-en-Provence

?? Round: Seed

?? Amount raised: €500,000

?? Investors: Provence Angels

???????? Founders: Damien Roland , Michel Benoit

??? News: https://www.dhirubhai.net/feed/update/urn:li:activity:7254514378694139904/


Events

?? Policy Dialogue on AI Governance: Impact of AI on Gender | October 30, 2024 | UNESCO Headquarters, Paris, France | Register

?? ai-PULSE | November 7 | Sponsored by Scaleway at Station F | Join leaders and engineers for a one-day technical conference dedicated to AI breakthroughs, research & demonstrations | Registration

?? Salesforce's Agentforce World Tour | November 7 | Explore how humans and AI agents together increase the productivity of your teams and offer exceptional customer experiences. | Sign up

?? Artificial intelligence on trial | November 15 | A court will meet to deliberate, presided over by Jean-Michel Hayat, former President of the Court of Appeal of Paris. It will be composed of two magistrates, Gwenaelle Ledoigt and Nicolas Gaudemet, a prosecutor, a defence lawyer, as well as renowned witnesses and a jury of professionals. | L’Institut EuropIA

?? Generative AI for Health | November 21 | Hosted by Artefact at Station F | Tickets

?? AWS GenAI Day France | November 25 | A free event that brings together the French GenAI community to connect, collaborate, and be at the forefront of the latest innovations around generative AI. The event is aimed at technology specialists from all sectors and skill levels who want to discover how generative AI can help them innovate quickly and deliver flexible and reliable solutions at scale.| Information

?? SOPHI.A Summit | November 27 to 29, 2024 | At the heart of the European cradle of innovation, SOPHI.A Antipolis, international experts and leading companies will bring their thoughts and research on AI-related themes such as health, images, ethics, management, and GenAI. | Information

?? Data Centre World Paris | November 27 & 28 | The event brings together a community of data center professionals, including decision-makers, technical experts, and innovative solution providers. | Register

?? Big Data & AI World | November 27 & 28 | Register

?? GenAI Days Paris édition #2 | November 28 | A conference focusing on feedback on the applications of Generative AI. | Tickets

Chris O'Brien and Helen O'Reilly - Durand -Durand

Damien Roland

CEO Ai4Dental Business Angels

3 周

Merci d'avoir cité la levée d'Ai4Dental dans votre newsletter. Juste une précision, notre site est https ://www.ai4dental com.

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