For the first time, Fortune analyzed the top companies across the continent in partnership with Statista to find the standouts that are driving progress with success.

Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.

Nvidia and AI search firm Perplexity said they are joining hands with model builders and cloud providers across Europe and the Middle East to refine sovereign large-language models (LLMs) and accelerate enterprise AI uptake in local industries.

Together AI has said it is also deploying its inference stack on hyperscalers, including AWS. On its website, the company says it has access to data centers and power in 25+ cities – including 150MW in Europe across the UK, Iceland, France, Portugal, Spain, and Germany.

Wearing his signature biker jacket and mobbed by fans for selfies, the Nvidia CEO cut the figure of a tech rockstar as he took the stage at VivaTech in Paris. “AI is the greatest equalizer of people the world has ever created,” Huang said, kicking off one of Europe’s biggest technology industry fairs.

The establishment of the new entity follows G42's increasing presence in Europe, which includes recent announcements of data centres and compute clusters in France and Italy.

Absence makes the heart grow fonder — and that seems to be the case with European demand for funds that invest in artificial intelligence. According to Morningstar, the largest market for funds that invest in AI and big data are in Europe,

The fintech companies that succeed next won’t just be the fastest movers. They’ll be the most trusted builders. Let’s use AI, compliance and risk as levers to create financial products that serve more people, more safely—and do it all with integrity.

From generative AI to autonomous vehicles, European tech startups are breaking new ground — and grappling with the challenges posed by US tariffs, hostility to the continent's regulatory regime and fierce competition from China.