EU says that race AI is far from ending because the block promises investment of € 50 billion
Ursula von der Leyen (CDU, R), President of the European Commission, reads in the Plenary Chamber of the European Parliament and speaks. Wednesday will begin by discussing the upcoming EU summary on Thursday.
Philipp von Ditfurth | Image of the Alliance | Getty Images
European Commission President Ursula von der Leyen said on Tuesday that the EU will mobilize a total of 200 billion euros ($ 206.5 billion) for investments in artificial intelligence in Europe, emphasizing that the AI lead has not yet won Kina or the USA
The sum includes the previously announced financing of investors and industry of 150 billion billion billion, which von der Leyen announced that the block would compensate for another 50 billion euros.
Speaking at the AI Action Summit in Paris, von der Leyen said it would be “the largest public-private partnership in the world for the development of a reliable AI,” focused on industrial and critical application and power of European “gigafactor”.
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