‘It’s just a matter of time’: why AI could help Europe create its own Apple or Google

Silicon Valley overshadows its transatlantic rivals. But as artificial intelligence grows - and with a global summit on it this week - some think it could offer a Euro startup the chance to become a new Google

Arthur Mensch is one of a new generation of entrepreneurs hoping to solve a longstanding problem with the European economy: its failure to produce a Silicon Valley-style tech behemoth.

The 31-year-old Frenchman is chief executive of Mistral, a startup that achieved a 240m (206m) valuation in its first round of financing - four weeks after it was founded. And he believes artificial intelligence (AI) will be the great leveller, putting Europe on a par with its previously uncatchable competitors across the Atlantic.