EU plans to 'mobilize' €200B to invest in AI

EU plans to 'mobilize' €200B to invest in AI

Captain's Log, Stardate 3529.7 – oh yeah, Commish also withdrawing law that would help folks sue over AI harms

Out of Balance: What the EU's Strategy Shift Means for the AI Ecosystem

Mia Hoffmann and Owen J. Daniels from Georgetown’s Center for Security and Emerging Technology say Europe's movements could change the global landscape.

EU to invest €50B to ‘supercharge’ innovation in artificial intelligence

The European Union plans to invest €50 billion to support the development and application of artificial intelligence, Commission President Ursula von der Leyen announced on Tuesday, saying European AI innovation needs to be “supercharged”.This InvestAI initiative will supplement a €150 billion investment pledge from the private sector as part of the EU AI Champions Initiative launched on Monday at the AI Action Summit in Paris. This means Europe

EU Launches InvestAI to Mobilize €200 Billion for AI Development

Editor’s Note: The launch of InvestAI marks a strategic shift in the European Union’s approach to artificial intelligence, moving from a regulatory-first model to a bold investment-driven strategy. By committing €200 billion, including €20 billion for AI gigafactories, the EU is laying the groundwork for a more competitive AI ecosystem that prioritizes openness, innovation, and accessibility. This initiative is particularly relevant for cybersec…

EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence | IoT Now News & Reports

At the Artificial Intelligence (AI) Action Summit in Paris, the president of the European Commission, Ursula von der Leyen has launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a The post EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence appeared first on IoT Now News - How to run an IoT enabled business.

EU launches ‘InvestAI initiative’ to bring €200 bn of investment to AI development

News “This large AI infrastructure is needed to allow open, collaborative development of the most complex AI models and to make Europe an AI continent,” the European Commission said The European Commission has launched InvestAI, a €200 billion initiative aimed at accelerating AI investment and innovation across Europe. Central to the plan is a €20 billion investment in AI gigafactories, designed to provide the computing power needed for AI devel…