Deep tech, which includes artificial intelligence and robotics, will “completely transform societies and organisations” and France needs to be at the front of the game, said the country’s president Emmanual Macron.
Speaking at a talk titled “A Conversation With European Scale-Ups” at the Viva Technology conference in Paris, Macron said “this is a matter of sovereignty for us”.
He explained that “if we miss this window of opportunity and leave the floor to the US and China, they will will decide the technology we have for following decade”.
“As Europeans if we want to decide for ourselves, this is a huge incentive to build and finance European solutions. This is a political matter.”
Macron spoke about the work that needs to be done to attract investors to the European bloc. One of the ways to do this is to create “a true European single market” and work on “speediness and scale”.
Denis Ladegaillerie, CEO of music recording company Believe (BLV.PA), said it was important for him to launch an IPO in France rather than the US because…
