The generative AI market is expected to grow by 30-40% annually, with the US currently leading in investments and new startups. European countries are emerging as hotspots, with significant growth in AI companies. The EU and UK together saw €9bn in investments, while generative AI could add €521bn to the European economy. The European Commission has launched initiatives to support AI startups and improve competitiveness. Teljes cikk (Euronews.com)