Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship news, reports, commentary and features from around the world.
News
- European data regulators set up ChatGPT task force (Politico)
European data protection authorities have set up a task force to cooperate and exchange information on enforcing EU laws on ChatGPT maker OpenAI. - NASA launches climate-focused startup studio with technology incubator (NASA)
NASA Technology Transfer Expansion (T2X) has partnered with FedTech, an organization that specializes in connecting entrepreneurs with technologies from federal labs, to launch The NASA FedTech Startup Studio. - Green light for €43bn ($47.1bn) EU Chips Act in big boost for bloc’s semiconductor industry (TheNextWeb)
European Union member states have reached a provisional agreement for a €43bn plan to bolster domestic production of semiconductor chips. The EU Chips Act looks to double the bloc’s global market share from 10% to 20% by 2030. - U.S. Copyright Office launches new artificial intelligence initiative (Copyright Office)
The U.S. Copyright Office has launched a new initiative to examine the copyright law and policy issues raised by artificial intelligence, including the scope of copyright in works generated using AI tools and the use of copyrighted materials in AI training.
Insight
- European VC fundraising on pace for lowest total since 2015, study finds (TheNextWeb)
Research by PitchBook has found that European VC funds raised over €20bn in each of the past four years, but only €3.4bn in Q1 2023. Total venture capital deal value fell 32% quarter-over-quarter to €11.8bn. Deal count, meanwhile, dropped 19%. - Disability and entrepreneurship - a Small Business Britain report
UK-based campaign group Small Business Britain has partnered with Lloyds Bank to publish a new report and recommendations based on the lived experiences of over 500 disabled founders in the UK. The report and recommendations complement a recent OECD report on the same topic.
Comment
- Central banks and innovation (Dorothee Delort and Jose Antonio Garcia, World Bank)
- The UK has gone rogue with its AI policy - and that could be bad news for the rest of Europe (Robin Rohm, founder and CEO, Apheris) Related: EU’s new AI law could decimate generative AI on the continent, warn founders (Sifted)
- Business environment reforms in fragile and conflict-affected situations: What works and why? (Tania Ghossein and Ahmed Nauraiz Rana, World Bank)
- Economic development is doing ok (Noah Smith, economist and Substack blogger)
- How much will the US early-stage venture market contract in 2023? (Tomasz Tunguz, general partner, Theory Ventures)
Features
- Wired: A Peter Thiel-backed startup city wants to be Africa’s Delaware (profile on Nigeria’s Lekki Free Zone)
- TechCabal: Next wave: Is Francophone Africa taking the stage?
- Tech.eu: Key drivers for the innovation of the tech ecosystem - five-year predictions from Techstars
If you would like to share content for inclusion in future editions of 'The Startup State' weekly bulletin, please email matt@genglobal.org.
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