“In Europe we have a bit of an innovators’ dilemma,” said Wijngaarde. “We don’t want to replace what we have and that can be a less aggressive position.”
How will 2024 AI funding play out in 2025?
One of the reasons AI startups have raised so much money is that the costs of building and operating these services: large language models cost a lot in computing infrastructure to build and run. The emergence of DeepSeek and other projects — one built a rival to an OpenAI model for just $50 — present an alternative approach built on open source. Is that something we will see develop further in the year ahead?