Re:A CERN for Open Source Large-Scale AI
by atleastoptimal on Sunday April 09, 2023 @06:38PM
(#35507170)
This is true, it all comes down to money.
Europe is as capable if not more capable of being the center of engineering, tech and software. However there is no huge hotbed of VC money that allows huge risks.
Europe has much less appetite for funding anything.
I remember Demis Hassabis(Deepmind founder) said in some podcast that they had lot of troubles getting decent funding in Europe. In general it seems Europe has much less appetite for funding private research groups than US, which I think it boils down directly or indirectly to regulations.