Cathay Innovation Launches €1 Billion AI Fund as Nvidia Anchors $306 Billion Ecosystem and European AI M&A Surges

Cathay Innovation has launched a new €1 billion fund focused on investing in AI-driven startups, targeting transformative sectors such as healthcare, fintech, and mobility. The European AI investment landscape is experiencing rapid growth, with startup capital increasing by 55%. Nvidia remains a central player, anchoring a $306 billion AI ecosystem. Sovereign wealth funds are also showing interest in global AI infrastructure investments. Concurrently, mergers and acquisitions activity in the European AI sector is intensifying as companies compete for market dominance, reflecting a broader industry momentum across Europe.