LightOn’s Big Move: Europe’s First GenAI IPO!

Hey, did you hear? LightOn, a French generative AI startup, is making waves by going public on the Euronext Growth market in Paris! This makes them the first GenAI startup in Europe to go public, which is huge. They’re already providing AI software to major companies and even the French government. With France aiming to become Europe’s main AI hub, this IPO is a bold step forward! They’ve set the share price at 10.35 euros, valuing LightOn around 50 million euros, and they’re hoping to grow fast, targeting 40 million in revenue by 2027.