Welcome to the 2024 edition of the AI Landscape Vienna
For facts & figures scroll down.
Summary & Key Findings
🚀 AI Ecosystem: Vienna boasts a thriving AI ecosystem with 200+ startups, 15+ universities & research institutions, and 60+ ecosystem players. 🇦🇹
💰 Funding: Austria ranks top 3 in Europe for non-dilutive funding, with a range of national grants an local grants (Vienna business agency) available for AI startups
🏢 City as the first customer: Vienna actively supports AI adoption in the public sector, with numerous projects and initiatives focused on utilizing AI for public services
🌍 International players: 25% of Vienna's AI founders are international, and the city attracts a growing number of global companies establishing their (European) headquarters here.
🧠 Talent: Viena sees a positive skill migration in the AI sector, with more talent moving to the country than leaving, and a significant increase in dedicated AI university training.
🔬 New research institute: AITHYRA Institute, backed by €150M from Boehringer Ingelheim Foundation, aims to revolutionize biomedicine through AI-based research. Located in Vienna, it will foster collaboration between AI and life sciences to address incurable diseases.
Distribution
A tightly knit network, 90% of all startups are within 20 minutes of a public transport ride.
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