useful time for European startups

There was also grumbling about European regulation: “As we have seen with the heavy-handed regulation coming down from EU-level, government won’t save us. We need to have more AI champions locally. There is still time, but unclear how much.”

Others were more upbeat about the turmoil buying useful time for European startups: “Which is a good thing for European gen AI startups as it gives them time to breathe and re-calibrate before the next shockwave.”

Finally, one brave soul in the shape of DN Capital co-founder and managing partner Steve Schlenker did go on the record.