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European leaders, including Ursula von der Leyen, launch the EU AI Champions Initiative at the AI Action Summit in Paris [eur

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Europe's Open AI Alliance Launches €200B Innovation Push

AI Rivals Launch Joint Accelerator for 20 European Startups per Cohort

3 min read

Two of Europe’s biggest AI players have put their competitive instincts aside to launch a joint accelerator that will admit exactly 20 startups per cohort. The program, billed as a “co‑creation” effort, promises a structured curriculum designed for early‑stage AI firms operating across the continent. Organisers say the partnership aims to compress the typical development timeline, giving fledgling companies a clearer path to commercial traction.

By focusing on revenue generation at the earliest possible stage, the initiative hopes to smooth the route to the capital that most founders need to scale. The collaboration also signals a rare willingness among rivals to pool resources in a market where funding gaps remain a persistent hurdle. With the first batch slated to begin later this year, participants can expect mentorship, technical support, and access to a network that spans both companies’ client bases.

The broad aim is to help startups bring ideas to market as quickly as possible. The 20 startups in each F/ai cohort will undergo a curriculum geared specifically toward helping European AI startups generate revenue earlier in their lifecycle, in turn making it easier to secure the funding required t.

The broad aim is to help startups bring ideas to market as quickly as possible. The 20 startups in each F/ai cohort will undergo a curriculum geared specifically toward helping European AI startups generate revenue earlier in their lifecycle, in turn making it easier to secure the funding required to expand into the largest global markets. "We're focusing on rapid commercialization," says Roxanne Varza, director at Station F, in an interview with WIRED.

"Investors are starting to feel like, 'European companies are nice, but they're not hitting the $1 million revenue mark fast enough.'" The accelerator will run for three months, twice a year. Station F has not revealed which startups make up the cohort, but many were recommended by Sequoia Capital, General Catalyst, Lightspeed, or one of the other VC firms involved in the program. The startups are all building AI applications on top of the foundational models developed by the partnering labs, in areas ranging from agentic AI to procurement and finance.

Meta, Microsoft, Google, Anthropic, OpenAI and Mistral have signed on. Station F will run the F/ai accelerator. Twenty startups per cohort will receive a curriculum focused on early revenue generation.

The partnership marks the first time all these major western AI labs share a single program. Cloud and semiconductor companies also appear among the backers, though details remain sparse. By concentrating on market speed, the initiative hopes to smooth the path to financing, yet it is unclear whether the promised revenue boost will translate into actual investment.

The joint effort could signal a modest shift in competitive dynamics, but the long‑term impact on European AI entrepreneurship is still uncertain. Will the combined resources of rival labs prove enough to overcome the typical hurdles faced by early‑stage AI firms? For now, the accelerator offers a structured route for startups to test models against leading platforms, though success will ultimately depend on each company's ability to turn technical promise into sustainable business.

Further Reading

Common Questions Answered

What are AI Factories and how do they support European AI development?

[digital-strategy.ec.europa.eu](https://digital-strategy.ec.europa.eu/en/policies/ai-factories) defines AI Factories as dynamic ecosystems that bring together computing power, data, and talent to create cutting-edge AI models. They foster collaboration across Europe, linking supercomputing centres, universities, SMEs, industry, and financial actors to drive AI advancements in sectors like health, manufacturing, climate, and finance.

How many AI Factories is the European Commission planning to establish by 2026?

According to the [digital-strategy.ec.europa.eu](https://digital-strategy.ec.europa.eu/en/policies/ai-factories) source, the Commission plans to have at least 15 AI Factories and several Antennas operational through 2025-2026. This initiative will include procuring and deploying at least 9 new AI-optimized supercomputers, which will more than triple the current EuroHPC AI computing capacity.

What is the InvestAI Facility and how much funding is it providing for AI development?

[digital-strategy.ec.europa.eu](https://digital-strategy.ec.europa.eu/en/faqs/ai-continent-action-plan-qa) reveals that the InvestAI Facility will comprise a new European fund of €20 billion to create up to 5 AI Gigafactories. The facility aims to foster public-private partnerships, guarantee a secure investment landscape, and nurture a competitive and innovative AI ecosystem within Europe.

How are AI Factories addressing environmental concerns about energy consumption?

[digital-strategy.ec.europa.eu](https://digital-strategy.ec.europa.eu/en/faqs/ai-continent-action-plan-qa) emphasizes the EU's commitment to the green transition by selecting AI Factory hosting sites based on energy efficiency and sustainability criteria. The initiative focuses on green computing techniques, such as dynamic power saving, advanced cooling, and heat recycling, with the JUPITER exascale supercomputer cited as a prime example of energy-efficient design.