on Hg
New AI Company Secures Investment to Boost AI Adoption in Europe
Hg, a prominent investor in European and transatlantic tech and services, announced its investment in a new AI-focused company. This venture aims to enhance responsible AI adoption and product innovation in Europe. With support from Anthropic and angel investors, the entity will launch later this year.
The company plans to progress AI projects from initial stages to tangible operational impacts. Utilizing the Claude platform, it will assist businesses in leveraging AI for a competitive edge. Designed for Europe, the firm will navigate the region's complex linguistic and regulatory landscape to lead AI development.
Co-CEOs of Hg, Steve Batchelor and JB Brian, emphasize their commitment to driving Europe's AI ecosystem. Anthropic’s Steve Corfield highlights the need for experienced teams in deploying platforms like Claude effectively.
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