A general partner in Excel and one of Europe’s most influential project investors is happy about the possibility of the continent in the AI. But she is cautious of the regulatory overch that can affect her speed.
Earlier this week, a tech cranch in London strictly in Syria, De Richer considered Europe’s location in the World AI race, and balanced the realism with realism. “We have all the pieces,” he told those who gathered for the event. “We have businesses, we wish, we have school, we have the capital, and we have the potential.” He argued that all of this was the ability to “remove” his ability.
Obstacle Europe’s complex regulatory landscape and partially, its important but controversial artificial intelligence act.
De Ricar acknowledged that the rules and regulations have to play, especially in high -risk sectors such as health care and finance. Nevertheless, he said he was worried that the AI Act extensive access to the Act and the potentially suppressed penalties could stop innovation at the same time when European startups need a place to repeat and grow.
“There is a real opportunity to ensure that we go fast and identify what we are capable of,” he said. “The problem is that we also face regulation head winds.”
The AI Act, which enforces strict rules on applications that are considered “high risk” from credit scoring to medical imaging, have raised red flags in investors like De Ricar. Although moral AI and consumer protection goals are commendable, they are concerned that the net can be greatly expanded, which potentially discourages early -stage experiences and business capabilities.
This urgency has been shifted to GeoPolitics. Under the current Trump administration, with US support for European defense and economic sovereignty, D. Recker considers this moment decisive for the European Union.
“Now when Europe is being left to stop [for itself] In many ways, “he said,” We need to be self -sufficient, we need to be independent. “
This means unlocking Europe’s full potential. D -Recker points to efforts such as “28th Government”, which aims to create a single set for businesses across the EU, as it is very important to create a more united, start -up friendly region. Currently, in 27 countries, labor laws, licensing, and corporate structures are friction and slows down development.
“If we were really one region, the power you could take down would be incredible,” he said. “We’re not talking about Europe being left behind.”
According to De Recker, Europe is slowly holding not only in innovation but also in accepting its risk and experiences. Cities like Zuric, Munich, Paris and London are starting to develop themselves as a reinforced environmental system thanks to the growing foundation of advanced educational institutions and experienced founders.
Excel has invested in more than 70 cities in Europe and Israel, for its part, which has scattered the continent but has been given the seat of the front row in front of a flourish tech landscape.
Nevertheless, on Tuesday night, when it comes to adoption, he noted the contrary with the United States. “We see a lot of trends for consumers to experience with AI in the United States,” he said. “They are spending money on this kind of speculation, early stage companies.
Excel’s strategy reflects this fact. Although the firm has not supported major basic basic AI model companies like Open AI or Entropic, it has focused on the application layer instead. “We feel very comfortable with the application layer,” said De Recker.
Examples of the promise of promising include Cynthisia, a video generation platform used in enterprise training, and speak, a language learning app that has recently risen to $ 1 billion. DRRRA (who ended the questions about the Excel reported conversation Another big name in Ai), See them as preliminary examples of how AI can completely create new conduct and business model.
“We are raising the total identity markets at a rate that we have never seen,” he said. “It feels like in the early days of mobile. Dordsh and Uber were not just dynamic websites. They were absolutely new parables.”
Finally, De Recker sees this moment as a challenge and a time of generation in generation. If Europe is too inclined to rule, there is a risk of suppressing an innovation that can help to compete globally – not only in the AI, but also throughout the tech spectrum.
“We are in a super cycle,” he said. “These dizziness often does not come, and we can’t afford to strap.”
The geographical political uncertainty increases and the United States is looking at the inside, Europe has little choice but to bet on itself. If it can maintain the right balance, D. Recker believes that he needs to guide everything.
A participant was asked what EU founders could do to be more competitive with their US counterparts, they did not feel reluctant. “I think they are competitive,” he said. “These founders, they don’t look different.”
You can catch a full conversation with D Recker here: