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This hacker-turned telecom mogul could be Europe's tech savior

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  Maverick investor and former porn entrepreneur is pouring billions into startups. The goal: to catch up with China and the U.S.

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Xavier Niel, a former hacker turned telecom mogul, is emerging as a potential savior for Europe's tech industry through his diverse investments and initiatives. As the founder of Iliad, a major French telecom company, Niel has expanded his influence by investing in artificial intelligence, notably through his Station F startup campus in Paris, which supports tech entrepreneurs. His recent acquisition of a stake in LVMH, the luxury goods conglomerate, further showcases his strategic approach to blending technology with traditional industries. Niel's efforts are seen as crucial in positioning Europe to compete globally in the tech sector, particularly against the dominance of American and Chinese tech giants.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/06/03/this-hacker-turned-telecom-mogul-could-be-europe-tech-savior-xavier-niel-stationf-ai-lvmh/ ]