The Prague Post - Paris tech fair opens with AI and trade war in the spotlight

EUR -
AED 4.269263
AFN 76.139427
ALL 92.069828
AMD 422.959573
ANG 2.080612
AOA 1067.169554
ARS 1757.296319
AUD 1.610103
AWG 2.092489
AZN 1.977567
BAM 1.955142
BBD 2.340513
BDT 142.731997
BGN 1.972015
BHD 0.438156
BIF 3476.860597
BMD 1.162494
BND 1.471318
BOB 14.497187
BRL 5.96255
BSD 1.162119
BTN 109.737566
BWP 15.558901
BYN 3.573998
BYR 22784.883161
BZD 2.337114
CAD 1.605805
CDF 2650.486518
CHF 0.941041
CLF 0.027512
CLP 1086.328032
CNY 7.801848
CNH 7.799632
COP 3627.853272
CRC 527.427157
CUC 1.162494
CUP 30.806092
CVE 110.228403
CZK 24.193244
DJF 206.598278
DKK 7.474203
DOP 68.787458
DZD 154.807872
EGP 59.192222
ERN 17.437411
ETB 188.440346
FJD 2.576551
FKP 0.859938
GBP 0.858444
GEL 3.028292
GGP 0.859938
GHS 13.218611
GIP 0.859938
GMD 86.024876
GNF 10214.828236
GTQ 8.871055
GYD 243.119282
HKD 9.114012
HNL 31.178782
HRK 7.53424
HTG 151.970198
HUF 363.640345
IDR 20523.832255
ILS 3.49963
IMP 0.859938
INR 109.949968
IQD 1522.288036
IRR 1597964.305585
ISK 140.38296
JEP 0.859938
JMD 184.549521
JOD 0.824233
JPY 179.438509
KES 150.473371
KGS 101.659793
KHR 4705.457973
KMF 492.897284
KPW 1046.244976
KRW 1563.984352
KWD 0.35906
KYD 0.968374
KZT 527.84248
LAK 26042.025808
LBP 104062.402522
LKR 381.253258
LRD 203.362481
LSL 18.579411
LTL 3.432542
LVL 0.703181
LYD 7.386579
MAD 10.906179
MDL 20.074249
MGA 4976.369193
MKD 61.504315
MMK 2440.935276
MNT 4181.527507
MOP 9.384444
MRU 46.682702
MUR 54.509449
MVR 17.97222
MWK 2015.039651
MXN 19.68009
MYR 4.703422
MZN 74.286751
NAD 18.578852
NGN 1536.642546
NIO 42.766721
NOK 10.776553
NPR 175.58046
NZD 1.977722
OMR 0.44698
PAB 1.162009
PEN 3.898689
PGK 5.163264
PHP 72.854644
PKR 322.735636
PLN 4.310237
PYG 6922.671819
QAR 4.224098
RON 5.249589
RSD 117.327093
RUB 99.915909
RWF 1714.038292
SAR 4.36615
SBD 9.300548
SCR 16.14816
SDG 699.178815
SEK 11.150989
SGD 1.471816
SHP 0.861252
SLE 28.655818
SLL 24376.917848
SOS 664.082373
SRD 43.877759
STD 24061.279537
STN 24.491974
SVC 10.167581
SYP 15114.747383
SZL 18.575912
THB 38.220446
TJS 10.731637
TMT 4.068729
TND 3.391674
TOP 2.799007
TRY 56.300168
TTD 7.888347
TWD 36.653104
TZS 3074.250008
UAH 51.651273
UGX 4392.541626
USD 1.162494
UYU 46.77447
UZS 13700.392388
VES 937.408573
VND 30248.09489
VUV 137.136128
WST 3.159793
XAF 655.742107
XAG 0.017558
XAU 0.000264
XCD 3.141698
XCG 2.094296
XDR 0.821944
XOF 655.742107
XPF 119.331742
YER 275.511341
ZAR 18.593197
ZMK 10463.848716
ZMW 22.282506
ZWL 374.322606
  • JRI

    -0.0700

    12.14

    -0.58%

  • CMSC

    -0.1100

    20.81

    -0.53%

  • CMSD

    -0.0700

    20.69

    -0.34%

  • BCC

    2.0900

    79.21

    +2.64%

  • RIO

    0.4300

    103.27

    +0.42%

  • BCE

    -0.1400

    23.67

    -0.59%

  • BTI

    -0.6200

    55.35

    -1.12%

  • BP

    0.2300

    43.81

    +0.52%

  • VOD

    0.3200

    16.9

    +1.89%

  • AZN

    -2.0700

    162.7

    -1.27%

  • RBGPF

    0.0000

    70

    0%

  • RYCEF

    0.1400

    19.92

    +0.7%

  • NGG

    -0.0500

    78.12

    -0.06%

  • RELX

    -1.1400

    35.51

    -3.21%

  • GSK

    -0.9800

    49.89

    -1.96%

Paris tech fair opens with AI and trade war in the spotlight
Paris tech fair opens with AI and trade war in the spotlight / Photo: I-Hwa Cheng - AFP/File

Paris tech fair opens with AI and trade war in the spotlight

Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a centre-stage role for AI dogged by transatlantic trade tensions.

Text size:

People from around the globe thronged out of packed metro trains into a southern Paris convention centre, crammed with stands in blaring colours showing off the latest innovations from startups, tech giants and more traditional firms.

The top attraction on the opening day of one of Europe's largest tech fairs will be Nvidia chief executive Jensen Huang, looking to make a mark in Europe for the company that builds the most computing hardware for artificial intelligence.

Vivatech regular President Emmanuel Macron will also attend, with a walking tour and chats with French tech startups on the agenda.

Tech watchers expect more products than ever embedding AI into everyday life to be touted in the exhibition halls over the show's four days.

"What's changed from previous years is that we've moved from AI as science fiction to applied AI," Vivatech managing director Francois Bitouzet told AFP ahead of the opening.

He trailed around 30 sectors with concrete AI-powered products on show, from luxury to insurance, health, energy, cars, logistics and more.

Around 14,000 startups and more than 3,000 investors were expected in Paris, while organisers forecast total visitor numbers to at least equal last year's 165,000 people.

- Nvidia headlining -

Nvidia's Huang -- likely sporting his trademark leather jacket -- has top billing with an opening presentation slated to last more than an hour.

Bitouzet said it was a "source of pride" to bring aboard semiconductor heavyweight Nvidia, whose high-powered GPUs (graphics processing units) are widely used to power the latest generative AI models.

"It proves that the European market in general and the French market in particular are attractive and that today (Nvidia) has ambitions for this market," the Vivatech boss added.

Cedric Foray, head of European tech at EY consulting firm, predicted that "there will definitely be announcements targeted at Europe" from Nvidia.

French digital affairs minister Clara Chappaz said France would "continue to do all we can to make the country the best place in the world to start and develop businesses and build the technology we need".

But she acknowledged that AI in particular "has never been as political as it is today".

US-based Nvidia has seen export restrictions slapped on its top-performing chips by Washington, with American politicians leery of ceding their country's lead in generative AI.

Remaining high-tech controls on China are at issue in high-stakes trade talks with Beijing.

Huang has warned that the US' superpower rival is nevertheless making swift strides to catch up.

There was little sign of impact from export restrictions on Nvidia's chip sales in its May earnings release.

But the company has warned the braking effect may be larger in the current quarter.

- Tech sovereignty -

US politics preoccupies many European tech leaders and policymakers too.

Concerns range from Trump's mercurial tariff policy to the continent's ability to stand on its own without US giants -- and the massive gap in funding for AI development between the two sides of the Atlantic.

"Sovereignty, which wasn't as important in the conversation just a year or two years ago, has become an absolutely strategic priority," Bitouzet said.

Macron is expected to again emphasise "European technological sovereignty", the Elysee said.

Such remarks from the president would build on his hyping of French and European openness to AI at a Paris global summit in February.

Top French firms at Vivatech -- where around half the exhibitors are local companies -- will include Mistral AI, a French competitor to much-bigger OpenAI.

Mistral's founder Arthur Mensch is set to discuss AI with Macron and Huang at a roundtable at the end of the first day of the event.

P.Svatek--TPP