Anthropic · OpenAI · Amazon · Fortune Technology
Europe is falling behind in the AI race
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U.S. private investment in AI rose to $285.9 billion in 2025, according to Stanford University figures, dwarfing the $20.9 billion invested in Europe.
Key facts
- U.S. private investment in AI rose to $285.9 billion in 2025, according to Stanford University figures, dwarfing the $20.9 billion invested in Europe
- U.S. institutions employ 59% of the world’s elite AI researchers, according to research platform MacroPolo Archive’s Global AI Talent Tracker
- More than half of the companies on the Fortune 500 Europe are over 100 years old
- Manu Parbhakar, a former Amazon Web Services director, also joined Siemens to lead its Silicon Valley–based strategy and partnerships team
Summary
Europe is falling behind in the AI race. In total, eight U.S. tech companies have surpassed trillion-dollar valuations, with OpenAI and Anthropic poised to join their ranks. Europe’s struggle to build a trillion-dollar market-cap company has been on the mind of Peter Koerte, CEO of Siemens’s Smart Infrastructure division—the most profitable of Siemens’s four core businesses. One place where Europe could have an upper hand, he says, is in the development of AI for industrial processes. Unlike LLMs, which are primarily trained on language, industrial models are taught on manufacturing and engineering data for use in those fields.