A surge in AI startups in Europe intensifies competition for technical talent, prompting established players like Google DeepMind to reassess recruitment strategies. The success of OpenAI’s ChatGPT spurs investor interest, with new entrants like Cohere and Anthropic vying for dominance in the European market.
11 March 2024 – A surge in artificial intelligence (AI) startups in Europe is fueling intense competition for technical talent, prompting established players like Google DeepMind to reassess their recruitment and retention strategies. The runaway success of OpenAI’s ChatGPT has spurred investor interest, with a slew of new AI firms, including Canada’s Cohere and U.S.-based Anthropic and OpenAI, entering the European market, adding pressure on tech companies to attract and retain top talent. – ref: Reuters