Logo of German-Israeli Chamber of Commerce

Germany’s improvement in AI startup rankings

  • News

The rise in startups across Europe has been a steady yet sturdy inclining trend, yet Germany seems to be gaining ground in the sector, showing huge improvements in a new ranking for the best hotspots for AI startups.

AIStartups.jpeg

Germany has risen in the global rankings for AI startups, now sitting at 7th place, up three spots from last year. This growth is fueled by a 244% increase in AI funding in 2023, surpassing global trends. The country is home to 463 AI startups, including successful ones like DeepL. While Estonia leads the rankings for AI startups, Germany's rise showcases its increasing influence in the sector. Other countries like Sweden, Ireland, and Romania have also shown improvements. Despite global challenges, including a decline in AI funding and fewer unicorns, Germany's AI ecosystem continues to expand.

 

Click here to read the full article

Read the latest news

See all News
  • ToI Astera Labs ENG.JPG News

    Astera Labs opens Israel R&D hub to tap into local talent, develop AI connectivity tech

    US-based semiconductor company Astera Labs on Monday announced the opening a new R&D hub in Israel to develop and ramp up high-performance connectivity technologies that meet the fast-evolving challenges of artificial intelligence-based infrastructure.

  • NVIDIA Space City EN.JPG News

    NVIDIA partners with Israel to launch $32 million Space City Campus in Negev region

    In partnership with the global AI giant NVIDIA, the southern Israeli town of Mitzpe Ramon launched a new $32 million Space City campus on Thursday under the leadership of the Israeli company Creation-Space.

Searching for something else?

In our information centre, you can find the latest news, downloads, videos, podcasts...

Go to Info Hub