The European Commission announced the winners of the Large AI Grand Challenge: for innovative AI start-ups from Europe will share the prize of €1 Million and 8 million computational hours.

The winners are:

  • Lingua Custodia (France) – A fintech company specialising in AI and Natural Language Processing (NLP) for the finance sector, aiming at enhancing the fintech sector operations with solutions designed to achieve speeds five times faster than current systems.
  • Unbabel (Portugal) – A language technologies company headquartered in Lisbon, combining AI and human translation for multilingual support, encompassing all 24 official EU languages.
  • Tilde (Latvia) – Experts in language technologies, offering machine translation and AI-powered chatbots, targeting Balto-Slavic languages spoken by 155 million individuals within the EU and candidate countries.
  • Textgain (Belgium) – An AI start-up enabling companies and governments to gain insights from unstructured data through predictive text analytic and focusing on the analysis of hate speech, an area of significant concern that has historically received limited attention.

https://eurohpc-ju.europa.eu/winners-announced-large-ai-grand-challenge-2024-06-26_en