‘Game On’ for Europe? A €100 bn injection into France’s AI sector, the EU’s €200 bn for InvestAI, and €150 bn in venture capital for the EU AI Champions Initiative.
The global AI race has reached a critical juncture, with fierce competition between the United States and China. The European Union was deemed ‘Missing in Action’ until this week when the AI Action Summit in Paris saw the EU put cash on the table and vow to deregulate.
For more information: https://www.euractiv.com/section/tech/news/europe-steps-up-ai-investment-to-counter-fierce-us-china-competition/