AI innovation in Europe: The 2023 computational linguistics landscape
2nd March 2023

No doubt. We are in the midst of a digital revolution. Since ChatGPT’s release a few months ago, large language models (LLM) and natural language processing (NLP) have been on everyone’s lips. But there are already many more useful tools other than OpenAI’s wunderkind out there. Continue reading to dive deep with us into the world of computational linguistics (CL).
As a startup specialised in AI and CL, we at Tucan.ai experience and drive the impact of AI on our daily lives firsthand, both as a user and a developer. Despite deteriorations in the investment climate, methods of NLP and machine learning (ML) are greatly redefining our ways of using computers and language. This is shown, for example, in the still growing number of CL startups across Europe.
We took this as an occasion to create a comprehensive landscape overview of young European tech companies in the wider CL and NLP scene. Thanks to the help of our LinkedIn community we finalised the research project last week.
Technical expertise, entrepreneurial spirit and customer focus are generally deemed the most important characteristics of successful tech startups. A deep understanding of the field and the ability to apply this knowledge to create new and innovative solutions are essential to stand out in the CL scene.
Young companies also must be willing to take risks and pursue unconventional ideas, even in the face of uncertainty and ambiguity. Plus, focus on customers to create solutions that actually meet people’s needs is important. This requires listening to feedback and being flexible enough to pivot and iterate based on it.
Let’s now take a closer look at the various CL subfields and product niches and a few of the most promising players that have emerged across Europe. We tried to categorise them according to their specialisations and core products.