No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home COUNTRY FRANCE

OpenAI gets cosy with Paris

Siftedby Sifted
May 22, 2024
Reading Time: 5 mins read
in FRANCE, UK&IRELAND, VENTURE CAPITAL
Share on FacebookShare on Twitter

This article first appeared in Sifted’s Daily newsletter, sign up here.

It’s VivaTech week in Paris — “kind of our own Cannes festival,” one VC told me as we queued up yesterday for an early side event.

Set up a day before the official kick off of France’s biggest tech conference today, it wasn’t just any side event; it was the OpenAI à Paris one. The meetup in the popular cultural centre La Gaîté Lyrique in the heart of the French capital was for the maker of ChatGPT to connect with Paris’s AI developers and startups. Judging by the crowd that amassed at the entrance — mostly developers in jeans and trainers invited thanks to OpenAI’s “local connections”, according to the company — it was successful.

“There is a kind of fervour around OpenAI,” one founder told me. “Every time they go somewhere, it creates a buzz.”

Advertisement

On the menu, an opération séduction that saw OpenAI’s team provide wine from 12pm, a free lunch and a demo of the company’s best tools. There was also an intro video with CEO Sam Altman preaching about how “there’s so much talent in the French ecosystem”. He also pointed to Nabla, Photoroom and Dust — three of France’s hottest AI startups — as examples of companies building GPT-powered applications.

It’s the first event of this kind that OpenAI has organised in Europe outside of London and Dublin, where it has offices — and apparently not the last time the company will pay the French capital a visit. “You’re going to see more of us,” OpenAI’s head of developer experience Romain Huet promised on stage.

Could that be a lot more — in the form of a Paris-based office? “I would not be at all surprised if that were the case,” one VC told me at the event.

It’s not the first time I’ve heard it. For the past few months, investors and founders have been speculating, with varying degrees of confidence, that OpenAI is thinking about setting up shop in the French capital. And even more so since earlier this month, the company hired its first Paris-based recruit, Julie Lavet, to look after lobbying matters in Europe.

“I can’t comment on OpenAI’s future expansion plans,” an OpenAI spokesperson told Sifted.

Almost exactly a year ago, Sam Altman embarked on a big European tour with the objective of determining where OpenAI should open its first European office. He settled on London before expanding to Dublin — but since then, the French capital has started making a serious mark in the field of AI, most notably thanks to Paris-based Mistral’s quick rise to fame and succession of big rounds.

Every Wednesday

~/ Startup Life

Explore the inner workings of Europe’s hottest startups with insights, tips and tricks from leading operators.

By Miriam Partington and Anisah Osman Britton

With Mistral commonly dubbed as one of Europe’s most promising competitors to OpenAI, there could be worse times for the US company to think about purchasing a few square metres’ worth of Parisian real estate.

This article first appeared in Sifted’s Daily newsletter. Want more stories like this? Sign up here.

Read the orginal article: https://sifted.eu/articles/openai-paris-startup-vivatech/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

UK&IRELAND

ElevenLabs’ Mati Staniszewski: ‘The pressure is increasing’

May 12, 2025
FINTECH

Meet the 25 startups selected for UK’s Future Fifty growth programme

May 12, 2025
GREEN

Khan’s plan to release London green belt ‘a significant step change in housing delivery’

May 12, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

DeepL announces $300m investment at $2bn valuation

London-based Nory raises €14.7 million Series A to spearhead AI across the hospitality industry

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart