Latest news with #MauriceLévy
LeMonde
13 hours ago
- Business
- LeMonde
French tech struggles to raise funds as it seeks profitability
In its bid to prove itself a global tech powerhouse, Paris has not shied away from using superlatives. Case in point: Station F, the world's largest start-up campus, owned by Xavier Niel (a member of the Groupe Le Monde supervisory board), and VivaTech, the biggest tech event on the planet, according to its co-founder Maurice Lévy (Publicis). But in the "start-up nation", a term championed my French President Emmanuel Macron, the mood is far from celebratory. Fundraising rounds, which climbed steadily until 2022 – reaching a record €13.5 billion that year – have been declining ever since: €8.3 billion in 2023, then €7.8 billion in 2024, according to the consulting firm EY. Hopes for a rebound faded further in the first months of 2025, with investments projected to fall sharply over the first five months of the year (down 30% compared to the same period in 2024). Since January 1, only three funding rounds have raised €100 million or more: Loft Orbital in the space sector (€170 million), Powesco in energy (€150 million) and Alice & Bob in quantum computing (€100 million). Optimists still believe that major fundraising could happen in the coming months. According to the Financial Times, Mistral, the French leader in artificial intelligence (AI), is reportedly in the midst of raising another $1 billion (over €856 million).
Business Wire
04-06-2025
- Business
- Business Wire
ArtMajeur by YourArt: a Merger Boosted by AI
PARIS--(BUSINESS WIRE)-- The international platform that already handles 137,000 artists and over 3.5 million works of art, is using brand new AI tools to assist artists (in creating and selling their works), and art lovers (in finding and purchasing works). Only six months after Artmajeur was acquired by Maurice Lévy, founder of YourArt, and with the total merging of all operations, the new ArtMajeur by YourArt platform is now equipped to become the favoured destination for artists, galleries, collectors, and all art lovers. Operating in 78 countries including France, the USA, England and Japan, its enormous scope makes it a vital player in the global online art market. ArtMajeur by YourArt brings together the best of two entities. The power and impact of Artmajeur means that it attracts almost 800,000 single visits every month, and is able to offer a solid marketplace, built up over the years, where artists and buyers can meet. Now, the technological leadership of YourArt and the major advances it has made in artificial intelligence can be put to use by all artists and users of the platform. The same goes for its know-how in matters of content (curation by art experts, publications, videos, social media…) and its ability to provide its artists with visibility beyond the digital platform, by means of visits to galleries, exhibitions and meetings. With artificial intelligence at its core, ArtMajeur by YourArt – one of the foremost online art platforms in the world – provides a unique service for artists and art lovers. Its AI assistant –Iris – was developed by its R&D staff and has specific dedicated features: For artists, Your Creation is one of the first applications to draw on the new APIs for image generation. It enables artists to generate images from prompts and reference images they themselves have chosen. The results are aimed at stimulating the creative process and may be used by the artists in any way they wish. Also, Your Assistant enables them to use AI to enrich the creative process: by importing the image of a work of art, they can obtain immediate responses (opinions, references, advice…). For art lovers, Your Gift (finding a suitable work of art), Your Portrait (finding out about one's artistic tastes) and Your Match (presenting a coup de cœur) provide easy access to the whole database. They make it possible for art lovers to choose the works that best correspond to their own tastes from among the thousands of works of art on the platform. Furthermore, there is a new section on the platform called 'AI & Art.' This details the AI features and also presents how ArtMajeur by YourArt sees the place of AI in art. It lays out its ethical convictions and looks at the current debate on this important and sensitive issue. Over the next few months, ArtMajeur by YourArt will be adding to the AI features, thereby developing the platform even further, providing more opportunities for art lovers to discover works of art, and increasing sales for artists. ArtMajeur by YourArt: the key figures A major platform 3.5 million works of art, 137,000 artists, 750 galleries. Recent sales: the top 3 47,800€ for Floris mit Frosch und EI by Jean Lawa. 13,965€ for two works by Viktor Sheleg. 12,680€ for Lovely Seal by Irena Aizen. AI data 90.4% of reactions to all the tests carried out have been positive. 71.9% of users find the analyses, descriptions and suggestions relevant. Users come from 40 different countries.
Yahoo
04-06-2025
- Business
- Yahoo
ArtMajeur by YourArt: a Merger Boosted by AI
PARIS, June 04, 2025--(BUSINESS WIRE)--The international platform that already handles 137,000 artists and over 3.5 million works of art, is using brand new AI tools to assist artists (in creating and selling their works), and art lovers (in finding and purchasing works). Only six months after Artmajeur was acquired by Maurice Lévy, founder of YourArt, and with the total merging of all operations, the new ArtMajeur by YourArt platform is now equipped to become the favoured destination for artists, galleries, collectors, and all art lovers. Operating in 78 countries including France, the USA, England and Japan, its enormous scope makes it a vital player in the global online art market. ArtMajeur by YourArt brings together the best of two entities. The power and impact of Artmajeur means that it attracts almost 800,000 single visits every month, and is able to offer a solid marketplace, built up over the years, where artists and buyers can meet. Now, the technological leadership of YourArt and the major advances it has made in artificial intelligence can be put to use by all artists and users of the platform. The same goes for its know-how in matters of content (curation by art experts, publications, videos, social media…) and its ability to provide its artists with visibility beyond the digital platform, by means of visits to galleries, exhibitions and meetings. With artificial intelligence at its core, ArtMajeur by YourArt – one of the foremost online art platforms in the world – provides a unique service for artists and art lovers. Its AI assistant –Iris – was developed by its R&D staff and has specific dedicated features: For artists, YourCreation is one of the first applications to draw on the new APIs for image generation. It enables artists to generate images from prompts and reference images they themselves have chosen. The results are aimed at stimulating the creative process and may be used by the artists in any way they wish. Also, YourAssistant enables them to use AI to enrich the creative process: by importing the image of a work of art, they can obtain immediate responses (opinions, references, advice…). For art lovers, YourGift (finding a suitable work of art), YourPortrait (finding out about one's artistic tastes) and YourMatch (presenting a coup de cœur) provide easy access to the whole database. They make it possible for art lovers to choose the works that best correspond to their own tastes from among the thousands of works of art on the platform. Furthermore, there is a new section on the platform called "AI & Art." This details the AI features and also presents how ArtMajeur by YourArt sees the place of AI in art. It lays out its ethical convictions and looks at the current debate on this important and sensitive issue. Over the next few months, ArtMajeur by YourArt will be adding to the AI features, thereby developing the platform even further, providing more opportunities for art lovers to discover works of art, and increasing sales for artists. ArtMajeur by YourArt: the key figures A major platform3.5 million works of art, 137,000 artists, 750 galleries. Recent sales: the top 347,800€ for Floris mit Frosch und EI by Jean Lawa.13,965€ for two works by Viktor Sheleg.12,680€ for Lovely Seal by Irena Aizen. AI data90.4% of reactions to all the tests carried out have been positive.71.9% of users find the analyses, descriptions and suggestions come from 40 different countries. View source version on Contacts press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Al Etihad
26-05-2025
- Business
- Al Etihad
G42, VivaTech alliance to power Europe's responsible AI innovation future
PARIS (WAM) G42 on Monday announced its participation to Viva Technology, Europe's biggest tech and startup event, as its Exclusive AI Champion Partner for the 2025 and 2026 editions of the event. The collaboration was formalised through a Memorandum of Understanding signed by the President of VivaTech and Chairman of the Supervisory Board of Publicis Groupe, Maurice Lévy, and the Group CEO of G42, Peng Xiao, at the Palace of Versailles during the Choose France Summit. This signing symbolises a new chapter of cross-continental cooperation uniting the ambition of France and the UAE to responsibly shape the global AI agenda. The partnership will emphasise key themes such as AI at scale, sovereign technologies, and trusted innovation ecosystems, underscoring G42's long-term commitment to building The Intelligence Grid, a globally interconnected ecosystem of infrastructure, platforms, and governance models that power responsible, sovereign, and inclusive AI. 'We are excited to partner with VivaTech at this historic inflection point,' said Peng Xiao, Group CEO of G42. 'Our shared mission is to unlock AI's transformative potential for innovation and competitiveness, and more importantly for equity, safety, and sustainability. From Paris to Abu Dhabi, this collaboration sends a clear signal: the future of AI must be built on trust, and it must serve all.' 'We are delighted to welcome G42 as our Exclusive AI Champion Partner for 2025 and 2026,' said Maurice Lévy, President of VivaTech and Emeritus Chairman of Publicis Groupe. 'Their vision and leadership in artificial intelligence align perfectly with VivaTech's mission to showcase the technologies and partnerships shaping the future. Together, we will build new bridges between Europe and the Middle East and spark vital conversations on innovation and impact.' This collaboration will include joint innovation showcases, high-level policy discussions, and startup-led initiatives focused on building a future based on trust, security, and sustainability. VivaTech 2025 will take place from 11th to 14th June in Paris, marking the ninth edition of the event.
