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

EUR -
AED 4.270462
AFN 76.735326
ALL 96.500375
AMD 445.353536
ANG 2.081122
AOA 1066.15044
ARS 1731.475339
AUD 1.786219
AWG 2.09277
AZN 1.981121
BAM 1.958107
BBD 2.341759
BDT 142.457246
BGN 1.954874
BHD 0.437525
BIF 3429.81738
BMD 1.16265
BND 1.511281
BOB 8.033466
BRL 6.266456
BSD 1.16267
BTN 102.01921
BWP 16.599559
BYN 3.962469
BYR 22787.939203
BZD 2.338355
CAD 1.628001
CDF 2569.456831
CHF 0.925157
CLF 0.027914
CLP 1095.042324
CNY 8.27987
CNH 8.285032
COP 4495.095405
CRC 583.888
CUC 1.16265
CUP 30.810224
CVE 110.742867
CZK 24.31927
DJF 206.626608
DKK 7.471775
DOP 74.468187
DZD 151.513102
EGP 55.237998
ERN 17.439749
ETB 176.868172
FJD 2.641313
FKP 0.87273
GBP 0.873779
GEL 3.156641
GGP 0.87273
GHS 12.643865
GIP 0.87273
GMD 85.459249
GNF 10089.47676
GTQ 8.905493
GYD 243.246619
HKD 9.033616
HNL 30.403748
HRK 7.534558
HTG 152.249397
HUF 390.057885
IDR 19308.767333
ILS 3.819247
IMP 0.87273
INR 102.103978
IQD 1523.071447
IRR 48918.497449
ISK 143.192418
JEP 0.87273
JMD 186.439683
JOD 0.824365
JPY 177.659936
KES 150.218794
KGS 101.674186
KHR 4691.292993
KMF 492.96399
KPW 1046.407031
KRW 1673.030484
KWD 0.356515
KYD 0.968942
KZT 626.027653
LAK 25241.131023
LBP 104115.304266
LKR 353.096056
LRD 213.118123
LSL 20.067782
LTL 3.433004
LVL 0.703276
LYD 6.325258
MAD 10.724329
MDL 19.904454
MGA 5266.804719
MKD 61.624998
MMK 2441.079743
MNT 4181.861694
MOP 9.305164
MRU 46.593242
MUR 52.947519
MVR 17.792891
MWK 2018.945998
MXN 21.456245
MYR 4.911079
MZN 74.297668
NAD 20.067777
NGN 1697.736788
NIO 42.557316
NOK 11.627707
NPR 163.230336
NZD 2.022352
OMR 0.44629
PAB 1.16267
PEN 3.934993
PGK 4.901777
PHP 68.311543
PKR 326.705036
PLN 4.244545
PYG 8226.693576
QAR 4.233616
RON 5.086249
RSD 117.430016
RUB 92.569097
RWF 1685.261116
SAR 4.360096
SBD 9.561428
SCR 16.259909
SDG 699.338224
SEK 10.930309
SGD 1.510403
SHP 0.872289
SLE 26.927404
SLL 24380.187775
SOS 664.45871
SRD 46.195615
STD 24064.506778
STN 24.822577
SVC 10.172943
SYP 12855.586265
SZL 20.044514
THB 38.024511
TJS 10.841775
TMT 4.080901
TND 3.408313
TOP 2.723047
TRY 48.76945
TTD 7.8923
TWD 35.865779
TZS 2893.539317
UAH 48.895614
UGX 4045.767158
USD 1.16265
UYU 46.374644
UZS 14102.944395
VES 246.694981
VND 30583.507181
VUV 141.672217
WST 3.26315
XAF 656.730831
XAG 0.023917
XAU 0.000283
XCD 3.14212
XCG 2.095369
XDR 0.81639
XOF 655.15743
XPF 119.331742
YER 277.761248
ZAR 20.067692
ZMK 10465.248981
ZMW 25.665242
ZWL 374.372813
  • RBGPF

    0.0000

    79.09

    0%

  • RYCEF

    -0.0500

    14.75

    -0.34%

  • BCC

    1.1200

    73.09

    +1.53%

  • VOD

    0.0700

    11.73

    +0.6%

  • SCS

    0.0400

    16.78

    +0.24%

  • NGG

    0.2500

    76.95

    +0.32%

  • GSK

    -2.3000

    43.24

    -5.32%

  • CMSC

    0.0900

    24.28

    +0.37%

  • RIO

    -0.0800

    70.54

    -0.11%

  • CMSD

    -0.0500

    24.65

    -0.2%

  • RELX

    0.6200

    46.57

    +1.33%

  • JRI

    0.1200

    14.07

    +0.85%

  • BCE

    -0.0500

    23.81

    -0.21%

  • BP

    -0.4600

    34.54

    -1.33%

  • AZN

    -0.1100

    83.29

    -0.13%

  • BTI

    0.2200

    52.07

    +0.42%

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