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Technology

European startups that once chose the U.S. now skip Silicon Valley

European tech startups are increasingly staying in Europe rather than moving to Silicon Valley, as AI adoption, improved access to capital and the ecosystem effects of success stories such as Spotify and Klarna reshape the market. Swedish startups cite customer wins and higher valuations, while investors and executives describe a broader structural shift. Late-stage funding remains a challenge, but AI is seen as helping firms scale faster with less capital. Talent flows and competing views on Silicon Valley persist.

AI & Enterprise

Meta work visa filings show AI talent pay up to $650,000 base salary

Meta work visa filings show the company has offered very high base salaries by role to secure AI and senior technical talent. An analysis of about 5,800 H-1B and other filings found a software engineer base salary as high as $450,000 and a research engineer at $400,000, with a product manager at $348,101. Most new hires clustered in the $150,000 to $250,000 range, while some AI roles stood apart.