Germany is set to host Europe’s first industrial AI cloud after Nvidia and Deutsche Telekom announced a landmark collaboration designed to bolster the region’s technological sovereignty. The two companies plan to complete the facility,

Absence makes the heart grow fonder — and that seems to be the case with European demand for funds that invest in artificial intelligence. According to Morningstar, the largest market for funds that invest in AI and big data are in Europe,

Nvidia and AI search firm Perplexity said they are joining hands with model builders and cloud providers across Europe and the Middle East to refine sovereign large-language models (LLMs) and accelerate enterprise AI uptake in local industries.

Nvidia boss Jensen Huang has been on a tour of Europe this week, bringing excitement and intrigue to everywhere he visited. His message was clear — Nvidia is the company that can help Europe build its artificial intelligence infrastructure so the region can take control of its own destiny with the transformative technology.

Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.

Wearing his signature biker jacket and mobbed by fans for selfies, the Nvidia CEO cut the figure of a tech rockstar as he took the stage at VivaTech in Paris. “AI is the greatest equalizer of people the world has ever created,” Huang said, kicking off one of Europe’s biggest technology industry fairs.

The chip giant and AI search startup are offering specialized AI models for European users, aiming to widen their reach in the region.

For the first time, Fortune analyzed the top companies across the continent in partnership with Statista to find the standouts that are driving progress with success.

Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI firms in Europe and the Middle East to refine those firms' AI technologies and distribute them to local businesses.

From generative AI to autonomous vehicles, European tech startups are breaking new ground — and grappling with the challenges posed by US tariffs, hostility to the continent's regulatory regime and fierce competition from China.