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Europe lost race for AI supremacy and is now irrelevant, Romanian CEO of UiPath Daniel Dines says
Europe has lost the race for supremacy in artificial intelligence and is largely irrelevant from a technological standpoint, even though it is home to the world’s largest manufacturer of chip-making equipment and is not lacking in talent, said Daniel Dines, co-founder and CEO of Robotic Process Automation company UiPath, and one of the richest Romanians.
Radu Dumitrescu · Journalist
· 3 min read
Pointing to ASML, the Dutch chip manufacturer, Dines also reminded that some of the brightest minds involved in the development of AI have European origins.
“We have the talent, we have the technology to build the machines, but somehow we are losing [the race]. It’s very stupid,” Dines said in an interview for the 20VC podcast, created and hosted by venture capital investor Harry Stebbings.
