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- The Graph, KubeCon+CloudNativeCon, X
The Graph, KubeCon+CloudNativeCon, X
Hype hype hpye, from AI to Web3
What a month. After traveling almost every week, I somehow found my way back, my luggage full of impressions.

I must conclude that AI is far more hyped at a management level than in the engineering corner. Looking back to KubeCon in Paris, it was opened, how it can be different, with a mini AI demo. To round this up, talk after talk, which was not from the community or updates, underlines that AI is a thing. Don’t get me wrong, it is a thing, but people are stuffed with AI. You see it in every corner, at every conference, and in every video. It is great an fantastic what can be achieved with it, when it really helps people. But for many use cases presented, it’s right now more a toy. I hope to see a change soon. However, when talking with engineers, it’s just yet another technology that needs to be implemented. Maybe it is because it is too far off or because the challenges in integrating GPUs and providing environments to make inferences are not that difficult.
I believe we will see this year already the hype turn into reality; we will see a market consolidation and many dreams bursting. Similar to previous years with NFT and Crypto, the whole thing will calm down. That is a chance to then finally talk about serious business and products that are not looking into making fast some money.
European Innovation Council
Talking about innovation, the EIC impact report was just released and the numbers are strong. In 2023, the EIC Fund concluded over 100 investments in deep tech companies worth around €1.2 billion.

Purple: Health Tech; Black: Clean Tech; Red: Digital Industry and Space
Also, Europe often lacks on investments and funding capabilities for startups and innovative ideas the EIC and its predecessors have created so far:
over 150 “centaurs” (valuation above of €100 million)
15 of whom have a valuation above €500 million
8 unicorns of whom have a valuation over €1 billion
Most of those are more like the hidden champions. That reflects very well the European market: we don’t have that huge big brand awareness (except in cars etc.), we have the technology experts, niche down on a single topic and no one else can compete there. But no one knows them, either. Who will find the next truly revolutionizing product/service from the heart of Europe?
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