The China Mail - Paris tech fair opens with AI and trade war in the spotlight

USD -
AED 3.672498
AFN 65.999546
ALL 83.886299
AMD 382.569343
ANG 1.789982
AOA 916.999667
ARS 1450.724895
AUD 1.535992
AWG 1.8025
AZN 1.703625
BAM 1.701894
BBD 2.013462
BDT 121.860805
BGN 1.698675
BHD 0.376969
BIF 2951
BMD 1
BND 1.306514
BOB 6.907654
BRL 5.340706
BSD 0.999682
BTN 88.718716
BWP 13.495075
BYN 3.407518
BYR 19600
BZD 2.010599
CAD 1.40972
CDF 2221.000107
CHF 0.8083
CLF 0.024025
CLP 942.260127
CNY 7.12675
CNH 7.124335
COP 3834.5
CRC 501.842642
CUC 1
CUP 26.5
CVE 96.374981
CZK 21.130974
DJF 177.719889
DKK 6.481435
DOP 64.297733
DZD 130.702957
EGP 47.350598
ERN 15
ETB 153.125026
EUR 0.868055
FJD 2.281097
FKP 0.766404
GBP 0.765345
GEL 2.714973
GGP 0.766404
GHS 10.924959
GIP 0.766404
GMD 73.496433
GNF 8691.000207
GTQ 7.661048
GYD 209.152772
HKD 7.774794
HNL 26.359887
HRK 6.537806
HTG 130.911876
HUF 335.451502
IDR 16695.1
ILS 3.253855
IMP 0.766404
INR 88.641051
IQD 1310
IRR 42112.439107
ISK 127.05977
JEP 0.766404
JMD 160.956848
JOD 0.709027
JPY 153.633017
KES 129.201234
KGS 87.449557
KHR 4027.000211
KMF 427.999878
KPW 900.033283
KRW 1447.48028
KWD 0.30713
KYD 0.83313
KZT 525.140102
LAK 21712.500514
LBP 89549.999727
LKR 304.599802
LRD 182.625016
LSL 17.379986
LTL 2.95274
LVL 0.60489
LYD 5.455014
MAD 9.301979
MDL 17.135125
MGA 4500.000656
MKD 53.533982
MMK 2099.044592
MNT 3585.031206
MOP 8.006805
MRU 38.249781
MUR 45.999702
MVR 15.404977
MWK 1736.000423
MXN 18.58737
MYR 4.18301
MZN 63.960022
NAD 17.380215
NGN 1440.729964
NIO 36.770288
NOK 10.170899
NPR 141.949154
NZD 1.7668
OMR 0.384495
PAB 0.999687
PEN 3.376505
PGK 4.216027
PHP 58.845981
PKR 280.85006
PLN 3.69242
PYG 7077.158694
QAR 3.640957
RON 4.414195
RSD 101.74198
RUB 81.125016
RWF 1450
SAR 3.750543
SBD 8.223823
SCR 13.740948
SDG 600.503506
SEK 9.536655
SGD 1.304925
SHP 0.750259
SLE 23.200677
SLL 20969.499529
SOS 571.507056
SRD 38.558019
STD 20697.981008
STN 21.45
SVC 8.747031
SYP 11056.895466
SZL 17.38022
THB 32.350333
TJS 9.257197
TMT 3.5
TND 2.960056
TOP 2.342104
TRY 42.11875
TTD 6.775354
TWD 30.898017
TZS 2459.806973
UAH 42.064759
UGX 3491.230589
UYU 39.758439
UZS 11987.497487
VES 227.27225
VND 26315
VUV 122.169446
WST 2.82328
XAF 570.814334
XAG 0.020533
XAU 0.000249
XCD 2.70255
XCG 1.801656
XDR 0.70875
XOF 570.495888
XPF 104.149691
YER 238.497406
ZAR 17.363401
ZMK 9001.204121
ZMW 22.392878
ZWL 321.999592
  • CMSC

    0.2400

    23.83

    +1.01%

  • JRI

    0.0700

    13.77

    +0.51%

  • CMSD

    0.1900

    24.01

    +0.79%

  • BCC

    0.9700

    71.38

    +1.36%

  • NGG

    0.2300

    75.37

    +0.31%

  • BCE

    0.1000

    22.39

    +0.45%

  • GSK

    -0.1300

    46.69

    -0.28%

  • AZN

    -0.8800

    81.15

    -1.08%

  • RBGPF

    0.0000

    76

    0%

  • SCS

    0.0600

    15.93

    +0.38%

  • RIO

    1.1700

    69.06

    +1.69%

  • RYCEF

    0.1500

    15.1

    +0.99%

  • BTI

    0.9000

    53.88

    +1.67%

  • VOD

    0.0700

    11.27

    +0.62%

  • RELX

    0.2800

    44.58

    +0.63%

  • BP

    0.5600

    35.68

    +1.57%

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: © 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.

L.Johnson--ThChM