Key European AI Market Developments, 2H21

Key European AI Market Developments, 2H21

This IDC Market Note details key moves in the European artificial intelligence market between July and December 2021. It focuses on technology investments, mergers and acquisitions, and other important market moves.

Please Note: Extended description available upon request.


Executive Snapshot
In This Market Note
IDC's Point of View
Notable Investments
Dataiku Lands $400M in Series E Funding Round
European AGI Moonshot Aleph Alpha Raises $27M in Series A Round
U.K.-Based Drug Discovery AI Firm Exscientia Raises $510M in IPO on Nasdaq
Peak.ai Completes its Second Raise of 2021, Grabbing $75M
Signal AI Secures $50M in New Funding
BenevolentAI to List on Amsterdam Euronext via SPAC deal
German NLP Firm Explosion Raises $6M
Notable Mergers and Acquisitions
EU Further Stalls NVIDIA's Acquisition of ARM
DataRobot Goes on Spending Spree, Acquires Algorithmia and Decision AI
Smart Eye Acquires Software Development Company iMotions for $47M
Scale AI Acquires Germany-Based SiaSearch
Microsoft Gets Green Light from EU to Move Forward with Nuance Acquisition
Other Notable Market Moves
Mercedes-Benz Becomes First Automaker to Win Regulatory Approval to Deploy a Hands-Free Driving System in Germany
EU Council Passes Resolution on Use of AI in the Media
Amazon Debuts Latest Generation AI Chips AZ2 and Graviton3
U.K. Explores Removing GDPR Clause Preventing Human Review of AI Decisions
Finish Consortium Becomes Latest Entrant to the Edge AI Market with RISC-V Processor
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Synopsis

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