Feb 12 • 💬 General
EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence
Today, at the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen has launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a new European fund of €20 billion for AI gigafactories. This large AI infrastructure is needed to allow open, collaborative development of the most complex AI models and to make Europe an AI continent.
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EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence
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